Trickle down taxes from OBAMA?

You have it correct. The only thing you left out is possible fines for those that do not provide health benefits. Gonna have to create a whole lotta line items for that journal!

The increase in business taxes is passed on to consumers in the form of higher product costs. Someone above me said the same thing that Obama has been saying, a reduction for 95% of the people. That statement is untrue and has been corrected in many of Obama's newer ads, the fact is it is not 95% of the people it is 95% of families or about 71% of the people.

Raising taxes is counter productive to small businesses because they are not as able to afford the materials they need that will cost more from their suppliers because they have also passed of their increased taxes.

If you go back to the Jimmy Carter era you will see that he raised taxes and we wound up with inflation and interest rates as high as 21%.

The rich rather than paying out excessive taxes will remove their money out of the markets and into tax free investments, Obama himself has already moved more than $7 million of his own money into these type of funds and why not, do you really think he wants to pay the higher taxes he advocates for others ?

We will over a period of time see more and more money disappear from the markets and less and less taxes being paid. This is why so many economists find that lowering taxes actually raises the amount of money collected by the treasury.

Trickle down taxes is the best analogy that I have heard for Obama's tax plan, to bad that the rich people are not dumb enough to keep it in markets that will increase their share.

Hmmm...well, how do you explain all of the job cuts, scaling back on benefits and the trend to hire temps instead of employees over the last years? Could it be that businesses were pocketing the money instead of investing it in their employees?

BARACK OBAMA AND JOE BIDEN’S PLAN FOR SMALL BUSINESS

There are approximately 25.8 million businesses in the United States and over 99 percent of all employers are

small businesses, according to the U.S. Small Business Administration. Barack Obama and Joe Biden will help

small businesses by cutting health care costs, improving access to capital and investing in innovation and

development.

Please finish reading at:

http://www.barackobama.com/pdf/SmallBusinessFINAL....

OBAMA/BIDEN 2008

You only pay taxes if you make a profit. If you own a small business in this economic climate you are going to be happy to be earning any profit and not worrying about your tax rate.

But listen, if taxes are cut on 95% of the population THEY are going to have more money to spend at your business. It is up to you to provide goods and services that they want to pay for. This is trickle UP economics and it benefits a lot more people and businesses than trickle down economics.

95% vs 100%. of population. Good in either case.

If you ran a small business you probably wouldn't have to worry about paying higher taxes because, statistically, you wouldn't be making more than $250K/year. 95% of small business make less than that, so they wouldn't be taxed more. Gripes! Doesn't anybody listen to words that are coming out of the candidates mouths??? Lay of the CONservative kool-venom and open your ears.

If you don't know by now that only one that will raise taxes on Small businesses is McCain you don't need to have this question answered.

Actually...According to Adam Smith...If you (the business owner) make it impossible for the consumer (workers) to purchase your product because you don't want to share the wealth through a redistribution of the profits...YOU (the BUSINESS) GO OUT OF BUSINESS...PEOPLE STOP BUYING YOUR PRODUCT BECAUSE THEY CAN'T AFFORD TO BUY IT....That's why retail business like Linen's n' Things are in Bankruptcy and will have a liquidation sale this week.

Looks like we folks here at the bottom get pissed on either way. What a Shame!!!