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Another reason not to vote for Obama...
he will kill small business with his lack of economics knowledge.
http://news.yahoo.com/s/ap/20080613/...ocial_security He want's to raise payroll taxes on those making more the $250K, which is almost ALL small business owners. That plan would make sense if you offered someone relief from a tax burden. For instance I always thought it was odd that when I was 15 working part-time after school I paid SS tax. Yet, now, when I make more then $106,000 I stop paying it. How about you reverse that process?? Just more get more money and spend it along with punish successful people. Of course, he has also proclaimed a huge hike in minimum wage. Well, econ 101 Barack...what will a small business do that is barely making it now when you tell them they must pay their employees more? Oh, go under. So now what will you do with the laid off person?? It is simplistic, short-term plans like that which kill an economy. Kind of like reducing taxes while starting a war. More awesome economic plans.
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An unwavering defender of those I see worth protecting. "promote the general welfare, not provide the general welfare" We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America. |
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