On Oct 16, 2008, at 9:22 AM, rayzentz AT aim.com wrote:
Oh, sure. And of course, as long as that three percent is not taken
from *me*, it's OK. As long as it's someone else, and they make more
than *I* do, it is perfectly acceptable.
I am enchanted by how Republicans, who used to be conservatives but
now feed at the big business trough, have psyched people of average
incomes into thinking like this.
Ray, take a deep breath and think about the implications of high
unemployment throughout the country. Now think of high employment and
compare conditions and choose the condition you prefer.
As Obama pointed out to Joe The Plumber--whose book, tool and shaver
endorsements will soon arrive--as more jobs are created Joe's plumbing
business will get more business from people who can afford his services.
As Joe gets more business he will hire more plumbers. He will pay more
total taxes but his after-tax profit will be greater.
Methinks Joe protests too much. Ray, let's suppose your music teacher
salary gets bumped to, say, a million per year. Your tax bite will
outrage you. Your after-tax remainder will send your children to the
finest schools. And you will never have to eat that non-food, ramen
noodles.
Beware of the tax spin of those whose clients most benefit:
politicians and their henchpersons.