Homestead mailing list

[Gene GeRue <genegerue AT ruralize.com>]

On Oct 16, 2008, at 9:57 AM, DSanner106 AT aol.com wrote:

> All true if the economy is great, but Joe is looking at new taxes on  
> the
> income he is ALREADY making, his business, like most is probably  
> looking at
> decreases this year, not increases,

If so, then he pays less taxes.

> and with less income left over after taxes,
> he will certainly not be hiring more. How will this create jobs at  
> any level???

He won't pay more taxes if his business falls below a quarter million  
NET; he will pay less.
> The govt will suck up a bunch of money, create new departments to  
> handle
> (spend)  it and fund some token programs to account for the newfound  
> wealth. we
> have been  to this pop stand before. If anything, they will fund  
> some new
> minority owned plumbing operations, with access to govt. contracts Joe
> doesn't have. As there is not going to be a big upsurge in plumbing  
> needs, the
> same amount of business will be spread out. Joe's self made business  
> will lose
> customers, so others can gain.

Drew, this is the free enterprise system. All are supposedly free to  
join it. The big boys prefer to keep it to themselves.

So, do you want to stay with the Bush program of lower taxes for the  
wealthy? If so, I hope you are one of them.

> Obama will do as he says and use Joes money to
> fund those who come up behind him.

Seems to me that if we are going to increase our socialization of big  
company expenses and shortfalls, then we may as well socialize  
conditions for those of us who are mere contributors to that system.