The Obama Tax Plan = Redistribution Of Wealth

so if you own a business you get hosed for it being a good business, and if the business has an employee you get nailed more for the healthcare, nice. so if your business barelly breaks even, and you have one employee, do you still get the health care hosing? he makes things way to complicated, and he wants to try and give the welfare bums more money. doesn’t he realize that most of them would not be on welfare if the did indeed want to succeed?

How to destroy a country with socialism:

A father has twin sons of 12 years old. He tells them, from now on, every domestic task you will do, I will give you 10$.

– The 1st week, Peter makes 10 tasks and gets 100$
– His brother Paul makes 2 tasks and only gets 20$

– Peter is very happy. He made a lot of money and he’s proud of himself.
– Paul is not happy; he envies his brother and decides that next week he will do more.

The mother comes along, she is a leftist, and she thinks that this is unfair. So she takes all of the money (120$), splits it in two, and gives each boy 60$.

– Peter is mad. He feels cheated. Next week, he will take it easy. Why work his ass off if he has to split his money with his lazy brother.
– Paul is happy. He got more than he worked for. Next week he will take it easy again. Why work his ass off since his brother does it for him.

Leah;
You need to pick a different company, the Walmart corporation probably uses all 9k+ of the IRS tax laws and like almost all big business uses those loophole to not pay crap.
http://www.msnbc.msn.com/id/22771568/ :

Hillary Clinton, who was close with the Walton family, served on the Wal-Mart board from 1986 to 1992. In 2006, her Senate campaign returned $5,000 to the company’s political action committee while citing differences with company policies.

A blind trust held by Clinton and her husband, the former president, included stock holdings in Wal-Mart. They liquidated the contents of the blind trust in 2007 because of investments that could pose conflicts of interest or prove embarrassing as she ran for president.

http://www.telegraph.co.uk/news/worldnews/1551441/Obama-called-hypocrite-for-wife's-Wal-Mart-link.html :

As a fluent public speaker, independent-minded wife, devoted mother and professional woman, Michelle Obama has been hailed as an invaluable asset to her husband Barack’s mission to capture the Democratic 2008 presidential nomination.

Yet, while her style and performance are winning plaudits on the campaign trail, a little-reported business interest of Mrs Obama’s has opened her husband up to one of the criticisms that politicians fear most – the taint of hypocrisy.

She is taking a break from her main job, as a well-remunerated Chicago hospital executive, to campaign for her husband. But she has just been re-elected to the board of an Illinois food-processing company, a position she took up two years ago to gain experience of the private sector.

And the biggest customer for the pickles and peppers produced by Treehouse Foods is the retail giant Wal-Mart, the world’s largest corporation and the bête noire of American liberals, including Sen Obama, for its employment practices, most notably its refusal to recognise trade unions.

As the Illinois senator prepared to join the presidential fray late last year, he threw his weight behind the union-backed campaign against Wal-Mart. He declared that there was a “moral responsibility to stand up and fight” the company and “force them to examine their own corporate values”.

According to the couple’s tax returns, Mrs Obama earned $51,200 (£25,700) for her work as a non-executive director on Treehouse’s board last year, on top of the $271,618 salary she was paid as a vice-president of the University of Chicago Hospitals.

She also received 7,500 Treehouse stock options, worth a further $72,375, as she did the previous year, when she banked a $45,000 salary from the company.

The apparent contradiction between Sen Obama’s political calculation to join the Wal-Mart-bashing lobby, and his wife’s profitable role with a company that makes money from Wal-Mart, is being closely scrutinised by “opposition” research teams working for rival White House candidates, The Sunday Telegraph has learnt.

They are collecting information about Mrs Obama’s Treehouse ties, anticipating that – in a country where “going dirty” is a political way of life – the link may provide valuable ammunition in the election campaign.

No matter what he says, Obama’s Tax plan targets INDIVIDUALS who earn more than $250k for redistribution of wealth, NOT corporations. Corporate taxes is a totally different animal. It’s like Apples & Oranges. But, yes any big business taxes he adds are not paid by the businesses because they pass them all on to the consumers. McCain is absolutely correct, Obama’s tax plans tax the crap out of small and medium business owners. For Socialism to work you have to eliminate the middle class and lower wealthy tax brackets so that ALL the peons are equal paupers.

The problem with his tax plan is it’s what he SAYS he will do. I don’t believe for a second he will not go after the middle class. As it is he will undo the Bush tax cuts. He’s a typical dem who has no intention of being the “fiscal Conservative” he pretends to be.

It amazes me, punishing the successful, and reward those who don’t/haven’t tried to rise above mediocrity. While in the process bankrupt the country and destroy the healthcare system even more. He’s going to end up another Carter.

That top 5% basically own all industry. Don’t people realize they will just up the prices of the items we need in day to day life to make up the difference, and in spite probably turn a profit.

Is there any evidence of Obama cutting any tax..anywhere? He was quick to take out 800 billion of our tax dollars in his bailout scheme. Where’s the tax cuts????

Years ago, man by the name of Shmitz said “Those who work should live better than those who won’t”. True then. True now. The Gilded One will flip that axiom on its ear.
Regardless of the winner November 4, this country is about to go through a nasty spell fueled by racial hate that has been simmering for many years. The economy will be secondary. Race is a whole lot more an issue than most will admit.
Yeah, I know. I’m a bigot.
See ya!

@Aye Chihuahua

Their is no record of OB doing ANYTHING other then a couple hundred earmarks and 2 auto biographies.

We are going to be hosed. The economy declines further more and Obama cannot say it is all Bush’s fault.

He will bail out the car industry which only whimpers for enough money to make it to January 20, 2009 when Obama will return favors to the UAW by giving them 100 million.