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发帖数: 29846 | 1 5 Reasons Why Obama’s Plan to Increase Taxes on the Rich, Is the Reason for
High Unemployment and Poverty
By: Curtis Ophoven
4/4/2011 - 16 Comments
When Obama campaigned on the promise that he would not increase taxes on
anyone except the ‘wealthy’ and repeatedly blamed the government debt
problem on the Bush tax cuts, he showed us his economic policy.
Since then, Obama has raised taxes on everyone and admitted he was
completely wrong to blame the Bush tax cuts for the government debt problem
by reversing course and extended the Bush tax cuts.
But he also promised that he would work hard in the last two years of his
term to achieve his goal of increasing the tax on the ‘wealthy’ – because
he believes it would increase the fairness – between the rich and the poor.
Despite Obama’s many economic policy failures, reflected in the high
unemployment rate and massive government budget that is nearly completely
out of control, his cunning use of words like ‘wealthy’ and ‘fairness’
resonate with people’s natural instinct to envy our neighbors.
The obvious solution is to increase the education of the public with the
truth about these lofty claims to tax the ‘wealthy’.
The truth is that envy creates poverty and decreased prosperity.
Here are five reasons …
Higher tax rates discourage wealth production, by discouraging
productive behavior. Higher taxes on saving, investing and income, cause
people to avoid these things and leads to lower living standards for
everyone and lower revenue collected by the government – forcing cuts in
government programs. Raising taxes does not help the poor, but rather
increases poverty.
Higher tax rates generate less government revenue, as shown by the
Laffer Curve and proven several times in history as illustrated in the video
below.
Progressively higher tax rates on the rich, hurt the poor the most. As
the poor suffer from the increase in unemployment and drop in non-profit
contributions by the rich, and these conditions cause a drop in higher
education of the poor and middle-class, which prolongs there income level
perhaps by an entire generation or more.
Higher corporate and income taxes drives jobs overseas, as the global
economy forces nations to compete for labor and capital. The U.S. is
already among the highest nations for corporate tax rates and the evident of
job losses can be found in every industry. Obama’s tax plan is would
increase the loss of jobs, increasing the unemployment and poverty.
Progressive tax rates, lead to higher tax rates on everyone. Because
before the money is ever collect, local and federal governments begin
expanding programs and spending. And when the money doesn’t come in as
projected because of the previous four points that I made, the politicians
turn to higher sales tax and property tax to make up the difference.
Obama’s class workfare and progressive tax rates are the source of the
problem. It is the already high tax rates that continue to punish the poor
and increase the poverty in America. Obama’s war on the rich are punishing
the poor and the middle class. |
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