Posted by
Mike Pasqua on Tuesday, June 24, 2008 3:14:36 AM
We have a good feeling of what a Barak Obama presidency would do to each and evey one of the people of the country. It would lighten our wallets. Don't say that this is not true because, other than JFK, everytin that a democrat has become presiedent, our taxes have risen.
The failure that was Jimmy Carter raised taxes. It took the Renaldus Magnus to come in and over the course of eight years to lower taxes. When Reagan did this there was un precidented grout in the economy. As I was gowing up in the period, it just seemd to me that everyone that wanted a job had one. People were makeing money hand over fist. Bill Clinton tried to rais taxes but as soon as the republicans took over congress, they forced him to lower the ones that he had raised.
Barak Obama has flat-out said that he wants to get rid of President Bush's tax cuts. He also wants to raise the cap gains. He is in favor of the stupidity that is the Winfalls Profit Tax. He wants to raise taxes on buisnesses. All of this together will give a tax rate of 60%. That means that .60 of every dollar that you will earn will go to the federal government. That does not take in to account the state and local taxes that are already levied.
I have said it before and I will say even louder now:
"BARAK OBAMA, STAY OUT OF MY AND THE WALLETS OF THE AMERICAN PEOPLE."