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Not Again!
Not Again!
I must reply in regards to a very deceiving and deceitful Op-Ed in my daily commie rag: "McCain's convenient untruth when it comes to taxes." "Tax hikes, in other words, are not automatic job destroyers." Oh yes they most definitely are, over time, if not immediately. We only have to look at the infamous 1993 tax increase, which by 1999-2000 had the unemployment rate up to record levels, decreased (near stopped) economic activity to record lows, and nearly destroying US business and the stock market. Oh yes, how familiar, Obama wants to raise taxes - on the richest 1% of Americans - just as in 1993??? Where a one wage earner family of four earning $425 per week, and after government extractions and $50 per week for health insurance, and bringing home a net of $250.00 -- was one of the richest 1% because taxes were increased. Worst of all is Obama's real idea of a "TAX CUT" a tripling of the "earned" income credit. This is the most disingenuous program of all the government. Welfare disguised as a "TAX CUT" - for people who do not pay taxes to begin with. And when did this fraudulently named joke of a program come into existence? And for what real purpose? Oh yes, in the 1980's, by the democrat congress, to offset and hide the fact that the Reagan tax reduction was bringing in record, near double, levels of revenue into the U.S. Treasury. Take the money away from the IRS and the government BEFORE it could be counted and regarded as income revenue. And then also, all of this given away money could and would not be counted as a welfare program expenditure/expense! The American congress's way of action - double your income/triple your expenses - spend and tax/tax and spend. A never ending circle of incompetence, but at our expense!
posted on Sept 10, 2008 6:49 PM ()
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