And the more you raise taxes on businesses and the "rich", the more incentive you give them to move out of the US and set up business elsewhere. Why do you think that all the automotive makers are moving out of Michigan and to low tax areas like Kentucky, Alabama, etc.? Is it because Kentucky has a better workforce? No, it's because they are offered better tax incentives. Meanwhile the people of MI are buying the politicians bunk that taxes need to be raised in order to better support the poor. At the rate they are going the whole state will be poor very shortly and then who do they raise taxes on? Obama is being very honest when he tells everyone that he intends to help grow the middle-class of this country. He grand illusion is the fact that no one seems to care that he plans to grow the middle-class by bringing the upper-class down into the middle, not by bringing the lower-class up. TVK
-----Original Message----- From: Ralph Smith [mailto:[EMAIL PROTECTED] Sent: Friday, October 31, 2008 10:23 AM To: NT System Admin Issues Subject: RE: So... how is the recession affecting your buying decisions? I would think lowing taxes to increase government revenue would only work if the money is funneled back into the US economy in a productive way. So if the money from tax cuts is distributed to big corporations who use it to invest in offshore projects, and the benefits of that investment stay mostly in that country, that doesn't really help us. If you cut taxes on the very upper tier of the income brackets, and they just put that money away to increase their personal capital or sock it away in other countries so as to avoid paying taxes on the income it generates, that doesn't help us either. Now if you cut taxes for lower and middle class Americans, and small businesses, they will spend that extra money. Then it is productive and increases demand, which produces jobs, and increases government revenue. Anyway that's how I see it. Trickle down economics doesn't work. If you believe the people who say it does, take a careful look at which end of the income spectrum they are on - maybe they have a reason for wanting you to believe it. > -----Original Message----- > From: Tim Vander Kooi [mailto:[EMAIL PROTECTED] > Sent: Friday, October 31, 2008 10:41 AM > To: NT System Admin Issues > Subject: RE: So... how is the recession affecting your buying decisions? > > Except for the fact, that lowering taxes is how you increase revenue to > the government. Raising taxes lowers revenue. The problems that Bush has > caused are not due to tax cuts, but rather the fact that he grew the > federal government faster and bigger than most liberals would have (even > honest conservatives will tell you he stunk that one up). > TVK > > -----Original Message----- > From: Micheal Espinola Jr [mailto:[EMAIL PROTECTED] > Sent: Friday, October 31, 2008 5:23 AM > To: NT System Admin Issues > Subject: Re: So... how is the recession affecting your buying decisions? > > We are a broke nation. We need a tax increase - like it or not. Maybe > they can be lowered again if/when we have another surplus. But right > now there are nations (primarily China) who have the potential to > financially dismantle us. They promise not to, but they could. > > Talking actual "cuts" in taxes is ludicrous. > > -- > ME2 > > > > On Thu, Oct 30, 2008 at 10:08 PM, Benjamin Zachary - Lists > <[EMAIL PROTECTED]> wrote: > > Wait was the tax increase at 250,000 , 200,000 or 150,000 ?? it keeps > > changing. > > > > > > > > What they ARENT mentioning is EVERYONES taxes will go up because they > aren't > > renewing the Bush Tax Cut in 2010. > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ > ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ > ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ Confidentiality Notice: ---------------------------------- This communication, including any attachments, may contain confidential information and is intended only for the individual or entity to whom it is addressed. Any review, dissemination, or copying of this communication by anyone other than the intended recipient is strictly prohibited. If you are not the intended recipient, please contact the sender by reply email, delete and destroy all copies of the original message. ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~
