A Comment About

Obama’s Taxes: A $2 Trillion Trip Back to the 70s

June 27, 2008 - 10:55 am - by Tom Blumer
Ditto
2008-06-28 13:03:48

Lyddea it isn’t that taxes would increase for “most of us” – it’s a question of who bears the burden of a tax, as opposed to on whom the tax is imposed. It’s naive to believe that taxing U.S. oil companies will have a positive impact on U.S. citizens. The end result will be higher gas prices for us, because any company that wishes to stay in business must raise prices if its costs increase. Likewise, it’s naive to believe that taxing “the rich” will make life better for “the poor” – the Robin Hood effect cannot work in our society. You’re just increasing the cost of doing business for “the rich” and feeding the idea that “the poor” are entitled to a cut of “the rich” man’s dollar, just because he is poor.

Do you want to help low to middle income people live better? Make it attractive for them to invest money. Make it attractive for them to start their own businesses and innovate and come up with products and services that keep our nation competitive in a global marketplace. Help Americans understand that diversity is something to embrace, not a political debate. Stop feeding the mentality of entitlement and start showing people that education, industrious behaviors and UNITY is equally important.