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Janet Chittock Votes for Higher Taxes on Joe the Plumber

Janet, though she says she's leaning towards McCain, is doing the same simple-minded thinking that most democrats are known for.

She's thinking somebody bringing home $250,000 should be taxed higher. Simple enough.

But, she's not thinking about Joe the Plumber, whose $250,000 business would be taxed higher under Obama.

If Joe, in his small business, has an employee making $40,000, and that's all the Joe could afford, then Joe may have to lower his take-home pay and that of his employee's to compensate for the taxes that Obama would collect from the business. The employee would suffer the consequences of the Obama taxes, and thus, not only is Joe being punished, but so is the employee.

If taxes on Joes small business make it not worthwhile for Joe to stay in business, then the economy is hit even harder by not only the business closing, but by Joe and his employee going unemployed. And then, because of the higher taxes on Joes original small business, the government coffers will have to be tapped to offer unemployment benefits to Joe's former employee and the original extra taxes collected from Joe will have to be used as unemployment benefits for Joe's employee. Obama's higher taxes will then have served to make matters worse for the economy by not only destroying a business, but by also killing two jobs.

And then, there are the repercussion in the rest of the local economy which will suffer because Joe's business wont be doing business with them, Joe and his employee and their respective families will be unemployed and unable to make purchases in other local businesses and in turn, those businesses will be endangered from the consequences of Joe's business being taxed higher and possibly going out of business. Higher taxes create a domino effect on businesses of all kinds.

That's a serious and devastating attack on the economy, three times over. Then, if those kinds of events are set to go off millions of times throughout the economy via higher taxes, many millions of jobs are subtracted from the economy, millions of small businesses are destroyed, and there will be hundreds of billions of less in salaries from which to collect taxes. That would only create a depression.

Higher taxes are only counterproductive and serve only to punish productivity, and in the end, the entire economy.

It's not only Obama that endangers our economy; it's also the people that buy into the socialism being sold to them by Obama and democrats.

“...then the economy is hit even harder by not only the business closing, but by Joe and his employee going unemployed.”

I think Joe would be able to get another job pronto.

That’s something the liberals don’t understand. They might not care about “undercapitalized small businesses” but they will when the one that employs them goes under. The people with the drive to own/run a business will be able to find work. The people who are the lower rungs of the employment ladder might not.