Monday, May 18, 2009

Raising Taxes Kills Jobs

But Obama is “gonna do it anyway.” Just like with Red Skelton’s “mean widdle kid” who knew “If I dood it, I get a whippin! I dood it anyway!” He’s ”gonna dood it anyway. The Heritage Foundation says, ”First the good news: earlier this week President Barack Obama admitted that high taxes kill jobs. Now the bad news: he wants to raise taxes on U.S. companies anyway. Pitching his new tax reform plan Monday President Obama said that our tax code ‘says you should pay lower taxes if you create a job in Bangalore, India, than if you create one in Buffalo, New York.’ As the Wall Street Journal quipped: ‘That sounds like a great argument for lowering taxes on the guy creating jobs in Buffalo. Alas, that’s not what he has in mind.’ “ I hope he keeps it up, and while he does, the economy is only going to get worse. Hopefully, lots of “Obama-lovers” will “wise up” and get rid of him at the first opportunity (2012, barring impeachment).” (Just common sense)

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