Quote:
Originally Posted by Minte
He ran on a platform of raising taxes on people that are in the higher income levels. And with that he promised his voters they would get more from the government. And he has delivered. My taxes are much higher, and along with that he has ended rapid depreciation of capitalized investments, effective Dec 2014.
If that doesn't go a long way to destroy a slow economy nothing will. Companies that are on a growth curve will now do other things with their cash, rather than reinvesting in new equipment. What's going to make it worse is that next year I will invest every single cent I can,,,then 2015 nothing that isn't absolutely required. Do the math. You can figure out what 2015 is going to be like for the economy.
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It has nothing to do with taxes its workers for a dollar a day.This economy is based on consumer spending. Wages are dropping like a rock, jobs are sent overseas for cheap. Tell me how the economy is going to grow?
If taxes were fucking zero, it cant beat $1 a day wage and no regulation. Workers die they die. Lets not bullshit ourselves and get more from Government meant a better job after your side destroyed it all.
Also No it wasn't to raise taxes but to end the temporary Bush tax cuts. Explain to me if the bush tax cuts were so good why didnt Bush make them permanent? Bush had all three branches of gov.