Let me put in my two cents:
Obama wants to tax everyone making over $250,000. So alll small business's making over $250,000 dollars would be paying taxes. Small business provides so many jobs for others, just think about the small business in our communities. I own an insurance agency with 14 employees and if Obama puts in his taxes on everyone over $250,000, my biggest expense is the payroll and benefits, then I will probably have to let 2-3 people go. What if all small businesses have to let 2-3 people go????? I would say that unemployment will go from 6% to 12% or higher in the first year.
If you raise taxes on the so called "rich" then the "rich" cut back and don't purchase anything and who suffers then?
I worry about employees and their families that have kids and to have to let some go just kills a small business owner.
On the other hand if Obama spreads the wealth as he calls it around there will be no middle class. You will be wither ultra rich or just poor, then you can no longer stand up to the government,,,,,,,,,,,
That is socialism in my book.
Thanks for listening.