Question for people who have jobs but support Obama...?

I don't understand it either. Economically, Obama would ruin this nation if he followed through on his promises:

There are 23 million small business owners in America who file their business income taxes as an individual taxpayer. These small business owners employ people ... tens of millions of people. In fact, the small business owners of this country provide way more than 70% of the private sector jobs out there. When Obama talks about raising taxes on people who make more than $250,000 a year he's talking about raising taxes on the man or woman who writes your paycheck. Now ... would you care to spend a few of your precious minutes thinking about the logical consequences of raising taxes on your employer? Do you think they're just going to cut back on the money they take from their business operation? Oh yeah, sure they will. Now I know that you're government educated, but surely you can see that these people are going to adjust to their increased tax load by cutting back on business expenses. You don't expect them to cut their own pay, do you? Hey! It's their business! They started this thing, and they don't intend to see the lives they've built for themselves be diminished by some Democrats tax dreams – so expenses get cut. Now --- guess what you are? There, that wasn't so hard, was it? You, my friend, are a business expense. Are you going to be the business expense that gets cut? Perhaps so ... and then what happens? The evil rich have now they have taken away YOUR job, and you hate them even more. Hint: It wasn't your job, it was theirs.. when it became a financial burden, they dumped it.

I took economics (obiviously some people who made negative comments have not) and raising taxes, imposing fines etc. on small businesses have a trickle down effect. Since businesses need to maintain a certain profit margin the cost for higher taxes will utimately effect the consumer and the employees. To offset these costs, businesses will raise prices which affect the consumer. Also wages will be capped, benefits will be reduced and layoffs will occur to employees. The worst case scenario would be that business had to shut down.

Snince small businesses are the backbone of our economy and employ a good percentage of the working population than anything that would cause them to shut down would be a bad thing.

You are correct on that. Also, people don't realize that there is no such thing as "taxing big business" without taxing all business. The people who will suffer will be medium and small business owners who are already struggling to make ends meet in a sinking economy. In Oboma's world "the rich" are defined so by their incomes. Well, many small business owners have large incomes, and large overheads, meaning that they make very little in actuality. Oboma's ideas are wrong, plain and simple.

"Go take an economics class" is not an answer, it only means you don't have an answer but would still like to sound superior.

I bet you don't blame Bush for any of the job loss (750,000 a month) in his final year(s) that also bled over into the current administration/economic challenge. Also, your "job crisis" association with the Health Care law is baseless and just the typical GOP/Conservative rant against the Health Care law.

I can make this really simple.

A tax payer who votes for Obama is just like a chicken voting for Colonel Sanders.

Ever wonder? Why is it to a Conservative, every day is like the 4th of July, and to every Liberal, every day is like April 15th?

You are right.. And isn't it a little scary that all the idiots answered you with nothing but "well, we want change"

I assure you that the people that want obama are the ones that don't pay taxes and live off of the gov handouts.

I keep reading this line of reasoning over and over. It reflects ignorance about (1) what Obama proposes, and (2) how the U.S. tax system works.

First, I cannot find any evidence anywhere that Obama is proposing a corporate tax increase. True, he is proposing an increase on capital gains tax rates to the levels of the Clinton administration (when business was booming) and an increase on ordinary rates for very wealthy INDIVIDUALS. But I have yet to see anything in any of his statements in which he proposes a corporate tax increase. What's your evidence that he will do that?

Second, if your argument is true, then do you think it would be better to tax the poor working class INSTEAD OF the rich? They have no one to whom they can pass on the tax increases. Is that a good thing--to make the poor bear a higher tax burden than the rich?

Third and more personally, I don't worry too much about being laid off. And no, I don't work for the government--I tend to work against it. I'm a tax lawyer.

Focus on what he is going to tax. Taxing companies that outsource USA jobs overseas is a good thing for the American worker. Right now it's a free for all for companies to outsource jobs tax free. It's easy to say he's going to raise taxes on corporations. Focus in on what is going to be taxed before you make a broad assessment. Anyone that works in the software sector knows that outsourcing has been a dagger.

Great Question; I asked a similar one the other day and got a lot of the same flack you are getting. I'm glad some of us are smart enough to see the writing on the wall.

http://answers.yahoo.com/question/index?qid=200807...

Excellent, we need fewer federal workers anyway. I support Obama, I support higher taxes if it helps more people at the bottom rungs of the economic ladder than those at the top. I have no problem giving a buck or two out of my paycheck to help other Americans, none at all.

In case you haven't already noticed, corporate America has been shipping our jobs overseas for years, for one reason only. It's cheaper to pay someone in Indonesia than it is to pay an American. More profit for the company. Well I would rather pay more and keep Americans working. What is so hard to understand about that?