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Obama tax policy and jobs...?

If Obama plans on raising taxes on anyone over $250k, isn't he really increasing taxes on companies that keep jobs in the U.S.?

Update:

cite my source... if anyone's been paying attention they'd know this.

4 Answers

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  • 1 decade ago
    Favorite Answer

    The problem with taxing companies that make over $250K is that they just pass it down to the little people--us--or they simply go somewhere that is cheaper and won't have so many taxes--overseas. So, if they need to stay in the U.S., their product will just increase in its price. Or, their product stays the same price but they move overseas and then people will lose their jobs. We've been seeing more and more companies going overseas because it's cheaper already--the taxes are higher for companies staying here than going abroad and the workers are willing to work for less with no benefits. What's the solution? I would say that we should make it more comfortable to those that are keeping the jobs here in America rather than those taking them away. I know that's putting it simply and I'm sure there's a whole bunch of reasons why it's hard to do that, but we need to look into that route more than seeing where to rob Peter to pay Paul.

  • 1 decade ago

    yes. nice that they will be forced to look overseas, because their taxes will become too high.

    I'm annoyed that Obama thinks it's a good plan to take money from the rich and give it to the poor. If the poor don't want to be poor, they should get a good education, and get a good job. Public schools are free!!!!! Colleges and community colleges offer financial aid to those who need it!! WORK HARD and EARN your money; stop expecting life to hand you things. No one said it would be easy.

    So much for the American Dream, when socialism takes over.

  • 1 decade ago

    This argument is incredible... Look where the current tax policy has gotten you.

    Nowhere to go but up.

  • Eddie
    Lv 5
    1 decade ago

    Prove that. Cite your source...

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