Who makes more than $250K a year . . . Buisnesses
who do most people work for . . . Buisnesses
when Buisness profit is cut into by new taxes what do buisneses do? They increase the cost passing the taxes to the consumer, or cut thier own costs. The number 1 cost for most buisnesses is manpower. When buisnesses increast the cost of goods and services and dont give raises or hire more people it, in fact widens your gap between the upper and middle and lower classes that librerals like to talk about so much. SO go ahead, give me an extra $1000 a year to spend, and watch costs go up, inflation go up, unemployment go up . . . where did that $1000 go by the end of the year?
Everyones favorate Dem. John F. Kennedy knew this, Reagan knew this as well.
Second point, Obama keeps talking about McCain giving tax breaks to buisnesses that ship jobs overseas. The part that he doesn't realize is that a buisness is not a child, you cant punish it for not doing what you want. Lower buisness taxes gives large buisnesses (that hire lots of people) an incentive to stick around.
Face it, Buisnesses DO NOT exist to give people jobs! They exist to make MONEY!
If we raise taxes, essentially we are raising the rent of those buisnesses in order to stay in our country and giving them even more reason to move out.
Finally, if the first statements are true, tyhat most people work for buisnesses that make more than 250K a year, then most people are going to feel the negitive effects that the tax increases do to thier employer.