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Re: Republican National Convention (Sept. 1-4)
Old 09-04-2008, 09:03 AM   #1
Professor S
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Default Re: Republican National Convention (Sept. 1-4)

Germ, I wouldn't use the Huffington Post as a reliable source. That would be like me citing Rush Limbaugh as a reliable source.

Also, your numbers reflect an "average tax bill". Do those numbers include the new Social Security liabilities? Do they include increases in pretty much every marginal tax rate? No, I almost guarantee they don;t. Obama's plan HIDES tax raises in careful language and in areas that are not considered "income taxes". Essentially raising the tax burden for most small business owners from about 35% to well over 50%.

Also, I find it hilarious that Obama's "tax breaks" for the poor, are really give aways disguised as tax credits.

http://www.wsj.com/article/SB1219103...st_emailed_day

Also, your obvious hatred of the wealthy doesn't lend your argument much credibility. The fact is rich people pay our bills. Without them, no one would have a job, and one day I hope to become a rich person. "Contempt for wealth is a trick the rich play on the poor to ensure they never have it."

You claim trickle down economics doesn't work... except it DOES, and in places like Bermuda and recently saving Ireland's economy from its near collapse in the 80's and early 90's, and they are now a economic power in Europe, called the "Celtic Tiger". In theory, trickle down doesn't work. In reality? Its a different story. The exact opposite of socialism and communism.

http://www.heritage.org/Index/country.cfm?id=Ireland

http://www.theodora.com/wfbcurrent/i...d_economy.html

http://www.bermuda-online.org/economy.htm

http://en.wikipedia.org/wiki/Economy_of_Bermuda
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