Wednesday, February 15, 2012

What is Obama and our democrat led congress doing to make it EASIER to do business in the United States?

We all know that lowering taxes is out of the question! So what is it that the Obama Administration and Congressional Democrats are doing to make it easier for small businesses, large businesses, and corporations to conduct business, grow business, and increase profit in the United States? (I tried to dumb this question down, so hopefully it's easy enough for some of you to answer)What is Obama and our democrat led congress doing to make it EASIER to do business in the United States?Obama and our democrat led congress is doing nothing to make it EASIER to do business in the United States.



Our government is spending trillions of dollars it doesn't have, which devalues the dollar. Banks teeter on the edge of collapse. Our automakers are losing money. The airline industry is barely surviving. Jobs are moving overseas. We have lost millions of jobs. The picture is pretty bleak.



John McCain's response is to cut the business income tax rate from 35% to 25%, to make our businesses more competitive. Reasonable. This is a job creating measure. After all, without jobs, it doesn't much matter what other financial steps our government takes, because without jobs, wealth and revenue will not be generated. Without jobs, Americans will have nothing. Without jobs, poverty will rise. Without jobs, the government itself will not be funded at adequate levels. Without jobs, we fail as a society.



The Obama campaign has responded to McCain's business tax cuts by calling them a giveaway to the richest and most powerful, and a giveaway to the oil companies, even though McCain's tax cuts are across the board. Such anti-business rhetoric coming from Obama and other Democrats, especially during such harsh economic times, is a sure sign that an Obama presidency will not be friendly to business, which in turn means an Obama presidency will not be conducive to job creation. There are many examples of this found in Obama's own policy prescriptions for business.



Obama will increase the cost of doing business in America in many ways.



Obama says he wants to cut taxes for 95% of Americans, but Obama's net tax policy is for a huge tax increase. That means the other 5% of Americans, those evil rich people, will get large tax increases from Barack Obama and friends. Obama originally defined rich as anyone making over $250,000, but that was only for married people filing jointly. Single taxpayers have a "rich" threshhold of either $150,000 or $200,000, depending on which figure Obama ultimately chooses. So, who are these evil rich people ? They are the business owners of America. That's who Obama will be taxing. This includes millions of small business owners who file their taxes thru the personal income tax system, who will all be taxed at higher rates. Obama will punish business at a time in American history when business is struggling. That is not wise, but to Obama, it is an issue of "fairness." In addition, Obama will lift the Social Security payroll tax cap, which means businesses will pay an additional 7% in payroll taxes for any employee earning over $90,000. That's more business burden. Obama also wants to increase the capital gains tax rate, which will stifle business investment exactly at a time when America is dying for business capital. That goes beyond unwise and into the realm of stupidity. When ABC's Charles Gibson pointed out to Obama that capital gains tax revenues actually rose when the rate was cut, Obama brushed it aside and said capital gains increases were also a matter of "fairness."



Change We Can Believe In ? Not to me. Not to business. Not for America. Most of all, NOT NOW. o_OWhat is Obama and our democrat led congress doing to make it EASIER to do business in the United States?
getting rid of the middle classWhat is Obama and our democrat led congress doing to make it EASIER to do business in the United States?They're good at making speeches about how important small businesses are to the economy, and how they want to help small businesses succeed. Their actions seem to be in direct opposition to what they're saying, their actions all seem to be aimed at killing existing small businesses, and making it harder to start any new small business.What is Obama and our democrat led congress doing to make it EASIER to do business in the United States?
They're making it easier for corporations like GE who stand to gain billions of $$ in government contracts if healthcare and cap and trade pass.*What is Obama and our democrat led congress doing to make it EASIER to do business in the United States?No democrat sense the 1950's has raised taxes on the majority of the US populous. Republicans have. None of the tax increases proposed by Obama have anything in them that would change entrepreneurship. (1)



Fact is, some forms of "business", especially in the financial industries, is already too easy to conduct, and needs more legal constraints to protect the common consumer.

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