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To: Baladas
primarily by raising taxes on business and the wealthy

So who produces jobs? Business.

Who owns the businesses? The wealthy.

So if you want to kill jobs and prolong the recession, tax the people who can actually solve the problem.

Why don't the dems get this simple reality?

15 posted on 02/21/2009 12:15:36 PM PST by FatherofFive (Islam is an EVIL like no other, and must be ERADICATED)
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To: FatherofFive
Why don't the dems get this simple reality?

Thee you go, letting those pesky facts get in the way.

Obama is DOUBLEPLUSGOOD.

Where's your faith in hope and change?

23 posted on 02/21/2009 12:26:31 PM PST by Recovering Hermit ("A liberal feels a great debt to his fellow man, which debt he proposes to pay off with your money.")
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To: FatherofFive
Expect the unemployment rate soon to go up to double digits

-- snip --

slashing spending on the wars in Iraq and Afghanistan, administration officials said.

I wonder if this why he only sends 17,000 troops to Afghanistan instead of 30,000 like he promised?

By cutting spending on the the troops you can be sure more troops losing their lives

43 posted on 02/21/2009 1:07:10 PM PST by Kaslin (Acronym for Obma: One Bad Ass Mistake America)
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To: FatherofFive

Because Dem politicians and their voter base of welfare cases don’t pay taxes and don’t understand how it might affect the economy.


71 posted on 02/21/2009 1:37:31 PM PST by caseinpoint (Don't get thickly involved in thin things)
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To: FatherofFive

In 1990, when Congress imposed a luxury tax on yachts, private airplanes and expensive automobiles, Sen. Ted Kennedy and then-Senate Majority Leader George Mitchell crowed publicly about how the rich would finally be paying their fair share of taxes. But yacht retailers reported a 77 percent drop in sales, and boat builders laid off an estimated 25,000 workers.

What happened? Kennedy and Mitchell simply assumed that the rich would behave the same way after the imposition of the luxury tax as they did before and the only difference would be more money in the government’s coffers. They had a zero-elasticity vision of the world, namely that people do not respond to price changes. People always respond, and the only debatable issue is how much and over what period.

Walter Williams


112 posted on 02/21/2009 4:24:29 PM PST by listenhillary (Rahm Emmanuel slip - A crisis is a terrible thing to waste.)
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