When businesses, particularly small businesses, are taxed heavily, money that previously might have gone into expansion and hiring goes to the government. And when big spenders like Obama are in office, the threat of ever higher taxes (and add to that the threat of providing health care for all employees) scares small businesses away from implementing growth plans.
This is the reason we saw (last week) a reported explosion in the hiring of temps. Small businesses want to grow, but Obama is standing in the way by painting a vision of the future which is unpredictable at best and downright unfriendly to business at worst.
Small business is the economic engine that provides most of the jobs and Obama is killing it.
High unemployment is ENTIRELY Obama's fault because he could fix this problem immediately by changing the business environment for small businesses. The fact that he has a strong dislike for small business and has NO understanding of economics and how to create a safe, predictable growth-oriented environment for small businesses IS the problem here.
Oh and BTW, another reason "cutting taxes" is important (and Obama doesn't understand this either) is that it isn't "taxes" that are cut, it is "tax rates".
Reducing "tax rates" to optimum levels actually causes an increase in "tax revenues," not a reduction.
Personally, I think one of the best things America could do regarding taxes would be to implemet a flat tax. The graduated income tax just pits us all against each other. Another nice change to the status quo would be a constitutional ammendment that forces the government to balance the budget every year and denies them the right to spend more than they take in. ever. for anything. They clearly can’t be trusted with credit under any circumstances.
Ok here’s the deal. Sarah Palin, if she runs, should literally memorize your post or something very close to it (or even parts of it) and recite it when the time comes.
That’s what I’m looking for, a little depth with expediency! Not the old “we must grow our economy and cut taxes”, yeah no duh, we’ve heard that on the trail since 2000. We need it said in the way that you said it, same meaning but fresher delivery with more substance.
Sarah I hope you or one of your people are listening. And btw, the main reason I am for Sarah isn’t cause she’s “purdy”, it isn’t cause she “is just like us” and it isn’t because I’m some starstruck groupie. It’s because I believe she alone has the dynamism and conviction to beat the enemy-in-chief.
I would also add that tax payers should be 100% of the income earning population, not just 47%.
Everybody can pay something, even if it's 10% of gross.
If you are not paying income tax, you are not invested in how it's spent.