Quote From: mewjagWow, someone has given you the kool-aid pitcher to drink! ;)
He has never said he was giving tax breaks to the rich. He said he believed in tax breaks for businesses so they could continue to grow and hire more people. Wealthy people own businesses and hire people. Poor people don't hire anyone, they don't create jobs and they don't pay any taxes anyway.
Obama promising a tax break to middle class and taxing higher to the wealthy business owners will do nothing but cause people to be laid off. That working middle class, hellooooo, will be jobless.
As far as alternative fuels. Obama and Biden are both on record for saying no to Clean Coal, and then saying yes to it. Yet there are interviews where they said no. Ethanol...which Obama backs...is costing us more than just buying oil even at the inflated prices we are paying. Ethanol takes exactly the same energy to produce as it creates, so it is complete wash. Yet Obama wants us to continue growing a corn based ethanol industry. If he had any sense at all he would at least be smart enough to go for the sugar based ethanol that holds some small promise of a better ratio of return for the energy out put to produce it. *rolls eyes*
If you tax businesses in this country even more, tell me who do you think will actually pay the tax? The owners? No they won't pay it either. They will simply increase their selling price of whatever goods they provide. And you and me and all consumers who buy those products will actually be paying the taxes. This is how economics works. Costs are passed down to consumers. As someone pointed out, the oil industry now is taxed out the wazoo. Who is paying that tax? You and me that's who. I honestly feel sorry for Obama because the man has no grasp whatsoever of how a market economy works.
Or maybe he does actually. The Democrat platform has never been for business in this country. No reason to think it would be now.
On the fuels thing. We need to drill here NOW. We need to set a market of 27 years that we will drill here supply our own oil and wean ourselves from all foriegn oil. Then we need to create HUGE tax incentives for the energy industry to put their r&d departments to work to find alternative sourced that are viable...not some corn based ethanol fiasco. But some real alternatives like bio-diesel and hydrogen cells, etc. Make it worth their while to find a solution. Twenty seven years and our greatest minds at work on it. A national goal. But we cannot continue to make the middle east and Venezuela fat cats with our money while we do it. Drill ours, use it for our people to better our nation. And stop handing our wealth as a nation to countries that would use our own money to destroy us. That is what McCain wants. That is what I want.
Sorry to get on my high horsey....the energy thing irks me to know end. That and the misconception that somehow the rich cause the problems in this country. Such nonsense.
Ami
Don't know what the Kool-Aide thing means....but just been listening to the stuff on the T.V. Perhaps I misunderstood...dunno.
Thank you for the information. This is clear, conscise, and intellectual. Very much appreciated.
I agree, we need NOT raise taxes on businesses....I totally get that.
I also agree with alternative fuels and drilling for our own, if we are going to continue using oil for any fuel.
I'm not saying that the rich cause problems in the country, but power and greed do.
