Thursday, September 9, 2010

Attacking Prosperity

That’s Obama. Everything he does is an attack on prosperity. He has promised more and more “tax increases for the rich,” forgetting it is the rich who create ALL the jobs and profits he hopes to tax. He SAYS there will be no new taxes for those making under $250,000 a year, but there are. He talks about his “tax cuts for the middle class,” of which there ARE none. What he calls “tax cuts” are “TARGETED” tax breaks, meaning “if you follow my orders I’ll let you keep some of the money you earned.” He has promised to BANKRUPT the coal industry, one of the most necessary industries, period. Without coal, there is no electricity. Without electricity, there is no economy.. He keeps raising taxes, when anybody with a modicum of intelligence can tell you raising taxes in a recession will only make it worse. Everything he does is an attack on any prosperity we still have in spite of his policies. (Americans For Prosperity)

3 comments:

Anonymous said...

At least the rich folks can afford higher taxes. The Middle Class canNOT, yet for years that has been where the greatest financial pressure has been, grinding the Middle Class to powder and with more and higher taxes for them on the way. Obama, et al even before him, do not get it. If you destroy the Middle Class, the very backbone of this country, you destroy the country.

Ray Thomas said...

Anon: Yes, the "rich" CAN afford more taxes, but that's not the point. It is "the rich" whose investment of the money they're allowed to keep in jobs-creating, profit-making (and thus more taxable income) projects. Just because they can AFFORD it doesn't mean it's right to rip them off. Obama is rich, but does he pay a larger PERCENTAGE of his earnings in taxes? "The rich" pay MOST of the taxes collected, anyway. If you don't believe that, let me know and I'll prove it to you.

Anonymous said...

Oh yes. I agree. I did not say they should be ripped off. We need them to continue their investments and they have a right to expect a return. My point is that it is high time to take some of the pressure off the Middle Class as we are at a snapping point. If this continues we will soon have only a Rich Class and a Poor Class. At every election season candidates vow to lower taxes for the Middle Class and it never happens. Obama is going the same route.