Quote:
Originally Posted by starscream
You sound like Joe the Plumber. Is that you Joe?
Thats always the line...
I see now, you give your CEO's and upper managment bonuses but when they screw things up there is no accountability. I guess that makes sense, lay off the little guy so you can keep paying management...
The richest 1% made around 8 or 9% of the national income back in the 80's. Now that 1% makes 20% of the income. That increase in income sure didn't come from generating more jobs. It's a fact that trickledown economics does not work.
Companies that make more than $250k won't be laying people off due to tax increases. They will be laying off people because of the fall out of greedy business practices that have gone on for too long now.
It's absolutely crazy that companies get tax breaks for outsourcing jobs to other countries. Just unbelievable... And you wonder why America is in the trouble we're in.
This country rides on the backs of the middle class and at the rate we're going at some point that class won't exist anymore.
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No, not Joe. Unfortunately, the top percentage will always find the loop holes. More regulation=more loop holes. Especially with Mr. pad his pockets from loop holes himself (Franklin Raines) as Obama's chief financial advisor. That will not change no matter who is at the helm until a more ethical corporate structure makes it's way into existence. It's coming soon, just not yet.
Since that top 1% is of no significance to me, I focus on what is. Obama's tax plan will increase regulation, tax burden, and weight on my back as a middle class American (thanks for the analogy). I'm in a fragile enough position to where any additional load may well break my back. It's O.K. though, he'll give me everything I need after I'm no longer able to provide it for myself.