[QUOTE="alexmurray"][QUOTE="Theokhoth"]I like how people go "they agree with some of Bush's ideas, therefore they're bad!"
First, this makes the silly assumption that whatever Bush considers to be good, must be bad. Bush considers food to be good; is food bad?
Second, this makes the silly assumption that Bush had nothing but bad ideas. Some of Bush's ideas were really good, but were executed so terribly that there was no way they could have worked.
thepwninator
The only good idea he had was invade Afghanistan that's it's,
cutting taxes of people who make over $250,000 a year and we are in two wars :lol:
Corporate income taxes-we currently have the second highest in the world. Is raising them to lower taxes on the lower income people going to do any good? No. Why? Because, with that, more businesses move overseas for lower taxes (many major contracting firms, such as Weatherford and Halliburton have already done so), so the US has fewer jobs, and thus has less money to go around.
What would Obama's policies would do to those who make over 250K per year? They would increase taxes on them to 60% of their income. Good? Only if you feel good when bad things happen to those who do better than you. Over 50% of those individuals are either small business owners or individual practice owners (doctors, lawyers, etc.) and recent polling suggests that the individual practice owners, especially doctors, would cut their services significantly in order to get below the 250K per year bracket, thus lowering medical service across the nation, thus further complicating the healthcare problem. Meanwhile, small businesses, whose profits are taxed via the business owner (whose income is usually inflated, as the income of the entire business is counted as his/hers, and then distributed to his/her workers, insurance companies, etc.), suffer significantly due to their already inherent instability, which further damages the economy, as over 25% of it is comprised of small businesses. If even a tenth of them go under, the US economy suffers a significant slowdown that further cuts jobs and average income.
IMO, both taxes and spending should be cut across the board, especially for corporations, in order to make our economy more stable and competitive.
well thats your opinion,
mine is that the US is fighting two wars, we need to raise taxes, I think we need to raise taxes on people who make $150,000 a year because
higher spending needs higher taxes
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