Off-Topic: $1 Trillion in New Taxes

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	Name:	MartiniMan -
	Subject:	$1 Trillion in New Taxes
	Date:	2/27/2009 11:38:41 AM

Obama is doing the exact wrong things. Raising taxes is exactly what FDR did that extended the depression. Going to war against business is exactly wrong. Increasing the size and scope of government is exactly wrong. Some lowlights.

Tax rates going from 33%/35% to 36%/39.6% which will impact 2.6million taxpayers.

Capital gains from 15% to 20%.

45% tax rate on any estate over $7M

New restrictions on deductions for families earning over $250K that will dramatically harm small businesses.

1/3rd of the trillion will come from new taxes on business. The U.S. already has one of the highest business tax schemes in the world.

This is exactly the wrong prescription for economic recovery.

Other messages in this thread:

View Entire Thread

$1 Trillion in New Taxes - MartiniMan - 2/27/2009 11:38:41 AM

$1 Trillion in New Taxes - Talullahhound - 2/27/2009 11:49:24 AM

$1 Trillion in New Taxes - lotowner - 2/27/2009 11:54:57 AM

Of course MM.......... - rude evin - 2/27/2009 12:00:08 PM

$1 Trillion in New Taxes - water_watcher - 2/27/2009 12:21:39 PM

$1 Trillion in New Taxes - Summer Lover - 2/27/2009 12:55:55 PM

$1 Trillion in New Taxes - Council Roc Doc - 2/27/2009 1:32:32 PM

Smoke & Mirrors - Jim Dandy - 2/27/2009 2:47:05 PM

How many jobs - MartiniMan - 2/27/2009 2:46:53 PM

The Truth is - Talullahhound - 2/27/2009 6:26:29 PM

The Truth is - MartiniMan - 2/28/2009 9:11:57 AM

How to Pay for IT?? - Mack - 2/27/2009 6:34:08 PM

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