Why Obama can't spread the weath around
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Why Obama can't spread the weath around
| Thu, 10-16-2008 - 10:36am |
The problem is Obama will take $1 from Joe the Plumber and maybe end up giving a few pennies to someone in need. Big government doesn't work. When Carter left the White House he left a double digit jobless rate and high inflation. Reagan cut taxes across the board and jobs crew and inflation fell, meanwhile federal tax revenues ONLY dropped 1%. Obama says he's going to return to the Clinton/Reagan tax rates but that's not true, he's going to significantly increase payroll taxes and this will double the impact of his increase in the top marginal tax rate.
Pennsylvania Mom
http://openlettertobarack.blogspot.com/

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Last time I checked….I was single, no dependents, 23 years old, living on my own, attending college (which I pay out of pocket) and I work for a government agency making close to $50,000. Our differences are very clear!!! No question they may be the same one day but don’t patronize me because they are not. The same way certain issues are presently forefront for you is the same for me. There needs to be a balance. The upper class and republicans
The problems today were not caused by the tax rate being low, they were caused by spending being too high and mortgage companies being able to securitize loans, offering more subprime so people were in homes they couldn't afford and fannie and freddie take on too much subprime.
It won't be fixed by raising taxes and spending even more.
http://openlettertobarack.blogspot.com/
I agree that was definitely a
When I imagine what I'd do with my millions after winning the lottery (lol)......I always think of the less fortunate and how I could help them with my millions.
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