Homestead mailing list

[DSanner106 AT aol.com]

In a message dated 10/16/2008 2:15:31 P.M. Eastern Daylight Time,  
genegerue AT ruralize.com writes:

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 the cycle repeats until he is out of business.



> 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.
Again, until he is out of business and pays none. Of course once he quits  
contributing
he will get a check from the IRS anyway, and we have switched who is  
unemployed.


>
> 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.
Yes, but when one is joining with our tax dollars to back him, it is an  
unfair fight. Free enterprise can't exist under the Obama system. 



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.
I have never been accused of being wealthy except by the Dems at tax time.  
Besides, this predates
Bush by quite a while, it was Reagan's system, which worked by the way at  
fixing our economy. The same system Clinton signed off on repeatedly and  
maintained good economic times. 



> 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.
So do you actually think this was a good thing??  I know congress  tailored 
this little bailout plan for their
big business buddies, and will love having their fingers in this, but I  
cringe at it.
 
D



**************New MapQuest Local shows what's happening at your destination.  
Dining, Movies, Events, News & more. Try it out 
(http://local.mapquest.com/?ncid=emlcntnew00000002)