Obama and Taxes

Obama wants to RAISE taxes at a time the economy is struggling.  If oil keeps dropping, he won't even have any oil company profits to tax.

Almost every economist alive, except maybe the extreme leftists, will tell you that is exactly the WRONG thing to do when the economy is struggling.  I would suggest it is the wrong theing to do at any time, when taxes re already as high as they are now, but that is not as obvious as the previous sentence.

Nope.  It does not matter that Obama SAYS he is going to lower taxes for 95% of the people. The NET raising of taxes removes money from the economy, and exacerbates economic problems.

About that 95%.  The term "tax cut" is beginning to frost me. Almost 50% of all Americans pay little or no income tax.  How can the ey get a "tax cut"?  They can't. Obama wants to simply take money from the "rich" and give it to the poor--the old Democrat/leftist idea of BUYING votes.  Obama is simply proposing paying money to people who don't pay taxes, at the same time he is propsosing to "bive" everybody money in other ways by dramatically expanding government spending 

Down this road lies economic disaster. It will arrive sooner rather than later if Obama gets elected and raises taxes--on anybody.  In fact, even if there were no net raising of taxes, taking from business and prodcuttive people to tive to the poor, on the old Robin Hood principle, is a way to destroy the economy. 

The mainstream media is doing its best to destroy the economy by destrying everybody's confidence by overstating doom and gloom.  Obam will use taxes.  What a country leftists are trying to transform us into!!!!

The rich are forced to give to the poor, and the poor are encouraged to stay poor--even FORCED to stay poor by economic policies that doom the overall economy.