kx250rider
New member
I don't know what "super rich" means, and I'm certainly not that, but I will be standing in line today at the post office to mail an earth-shattering check to the IRS. All I know is, if I didn't have to write that check, it could go to a couple more employees hired
.
Bottom line is: Higher taxes = less money to hire people and to spend, and MOST importantly, it means why should I bother to make more, if I'm just going to wind up keeping the same amount while giving more to the government? Why not reward those who make good decisions, by LOWERING their taxes (as President Reagan demonstrated)? Don't just use Hallburton and GE as examples of where that theory doesn't work as well as other examples....
Under the "current administration's" tax laws, which are barely but slightly tilted to the Left since Bush left, I left an apartment vacant ALL of 2010 and won't rent it 'til June this year, because if that entity (an S-corp) had accepted any more income, I'd have LOST more money to taxes than I'd have made by renting it for $1295/month. Put that in your pipe and smoke it, Mr. Obama! People who manage to figure out how to make an honest living and keep a few dollars in the bank, WILL figure out how to keep doing it. Life is not magic, and as long as the lazy are protected and the go-getters are oppressed by tax liability, things aren't going to get better for the middle class.
Charles

Bottom line is: Higher taxes = less money to hire people and to spend, and MOST importantly, it means why should I bother to make more, if I'm just going to wind up keeping the same amount while giving more to the government? Why not reward those who make good decisions, by LOWERING their taxes (as President Reagan demonstrated)? Don't just use Hallburton and GE as examples of where that theory doesn't work as well as other examples....
Under the "current administration's" tax laws, which are barely but slightly tilted to the Left since Bush left, I left an apartment vacant ALL of 2010 and won't rent it 'til June this year, because if that entity (an S-corp) had accepted any more income, I'd have LOST more money to taxes than I'd have made by renting it for $1295/month. Put that in your pipe and smoke it, Mr. Obama! People who manage to figure out how to make an honest living and keep a few dollars in the bank, WILL figure out how to keep doing it. Life is not magic, and as long as the lazy are protected and the go-getters are oppressed by tax liability, things aren't going to get better for the middle class.
Charles