It’s the hard core Republican’s who have guaranteed Senator Obama’s victory. I hope the irony isn’t lost on you.

Agreed. What’s more important to me and that I NEVER here any one on either side talk about is what kind of return on investment am I getting from the money the federal government is spending.

Well thank you for your response. I’m shamelessly using you guys to try to understand our government and nation better. (Best nation ever, but still screwed up)

Very very true.

“It’s all relative”

I couldn’t agree more.

I think when the government wants to borrow a lot of money: it tends to drive interest rates up. So when the government wants to borrow a 100 billion dollars; it makes it more expensive for all the small businesses to borrow money.

No, these small businesses are not borrowing from the government, but government borrowing has at least 1 unintended consequence: higher interest rates on business loans from banks.

VAT tax is a tax on luxury items – like cars. For those who can afford to buy a brand new car – a VAT tax is applied. For those who buy used cars – no tax is applied.

Buying a brand new TV? VAT tax.
Buying a used TV? No tax.

For those who are not in the income bracket to be able to afford luxury item – they don’t pay the tax.

For those are ARE in the income bracket to afford new luxury items – they pay the tax.

Would make those Hollywood folks think twice when buying that $100,000 bling, eh?

Personally – I putting the “rich” in a higher tax percentage ridiculous. Obama’s higher tax rate for those making $250,000 or more?? Makes no sense.

If I’m living in a small town in Wisconsin making $250,000 a year – I’m doing pretty darn good. I’m living in Manhattan making $250,000 a year – - not nearly as good. It’s all relative.

And Pam, you’re right – - last I checked, businesses don’t borrow from the government when taking out a small business loan….they go to the bank and get charged the going rate.

A tax hike, on the other hand, does nothing for small business – - except cause them to cut cost, freeze spending, layoff workings and stop creating new jobs. Higher taxes creates a real need for BIG spending on Government welfare programs because the folks in need have now become even MORE needier because they can’t get a job – - why? Because the business have stopped hiring because taxes are TOO HIGH. It’s a vicious circle.

If your company needed to borrow money, chances are, you would be going to your bank and you would pay the going interest rate..You wouldn’t go to the government for the loan..

Businesses close for many reason’s, but raising the taxes is a sure way to see them cut costs and people are the easiest target of any cost saving measure..unless we are talking about the government, in which case they never lay people off.

If this is true then why not reduce taxes to zero to increase the money coming into the treasury??? Seriously; why not?

Doesn’t raising the federal debt increase the cost of borrowing and therefore increase the costs of borrowing to businesses? Thereby forcing struggling businesses to close, and cutting jobs?

Aren’t you ignoring the increased borrowing costs caused by out Government increasing borrowing?

Here’s a simple analogy for you, since I obviously need to make this simple. If a Farmer has 40 acres to plant and it takes a bushel of seeds to plant each acre, is the farmer more productive with 40 bushels of seeds, or only 36 bushels of seeds? Will that farmer be able to grow more crops if he plants all 40 acres or if he only is able to plant 36 of them? Taxation takes away the seeds the farmer needs to plant his crops. And with the taxation plans of the Liberal Democrats, you may very well find out what happens when the farmers are no longer able to plant their fields.

Another BIG reason to object to any tax RATE increases and to DEMAND tax rate reductions on people in all income levels is that higher taxes on businesses ALWAYS lead to higher prices. Do you think it benefits you to raise the taxes on a company when they are going to have to raise their PRICES even higher to pay those taxes?

There is only three outcomes to higher tax RATES:

Higher prices
Higher unemployment
Lower tax revenues to the government

That has always been and will always be the case. Don’t believe me? Research what has happened to unemployment and tax revenues in Michigan since Jennifer Granholm took office. She hasn’t seen a tax increase she hasn’t liked. And as a result businesses are leaving Michigan in droves costing the state thousands of jobs and millions in revenues. Those job losses are also a double whammy when it comes to the deficit because since they are no longer adding to the revenues, they are now receiving unemployment and welfare checks as well as food stamps and section 8 housing assistance thereby increasing the deficit instead of reducing it. Is history so poorly taught in today’s schools that liberals can’t look ar what the high taxation policies have caused in the past and realize that they will do the exact same thing in the future?