I think the economy is in huge trouble regardless but if Obama gets in, this country is done for as he plans to raise taxes to the point it will force people to close their businesses and lay off workers. McCain has NEVER voted for a tax increase in his 26 years in the Senate nor has he asked for an earmark for his district.
The thing people have to understand about taxes is that by taxes productivity, they discourage it. Examples of taxing productivity include a progressive income tax where the more you make, the more you pay, capital gains taxes and corporate income taxes. People don't realize that the wealthiest 1% of taxpayers pay the lion's share of taxes as well as own the businesses that employ you and me. By penalizing them, we're in effect telling them that we'd just as soon they go out of business so we can try to survive on unemployment benefits as we're jealous of any good fortune that results from their hard work.
I was listening to Rush this morning and he was saying that one reason he believes the markets are tanking all over the world is because they're afraid of what will happen if Obama becomes president. Markets don't like socialism which is what Obama wants to implement based on his beliefs and acquaintances like Bill Ayres, the domestic terrorist who hates this country and is sorry he didn't do more to destroy it.
I agree with sequlley, One thing I can say for MCCain is like my son who serves in Germany said, Mom, if anyone deserves to be president it is someone like McCain who has given his whole life for this country. Maybe we don't agree with all his ideas but we will never find a person like that anyway. He said, he has earned the right to be president and still at his age he will give until the end. I would be proud be an American under this president. and if Obama gets in we are all in trouble. hugs to all, Mandy
The thing people have to understand about taxes is that by taxes productivity, they discourage it. Examples of taxing productivity include a progressive income tax where the more you make, the more you pay, capital gains taxes and corporate income taxes. People don't realize that the wealthiest 1% of taxpayers pay the lion's share of taxes as well as own the businesses that employ you and me. By penalizing them, we're in effect telling them that we'd just as soon they go out of business so we can try to survive on unemployment benefits as we're jealous of any good fortune that results from their hard work.
I was listening to Rush this morning and he was saying that one reason he believes the markets are tanking all over the world is because they're afraid of what will happen if Obama becomes president. Markets don't like socialism which is what Obama wants to implement based on his beliefs and acquaintances like Bill Ayres, the domestic terrorist who hates this country and is sorry he didn't do more to destroy it.