Tag Archives: Small Business

For a POTUS presiding over unemployment numbers realistically closer to 15%, it boggles the mind how the word taxes can even cross his lips. I suppose his ideological mindset will simply not allow for common sense and/or history’s lessons.

Firstly, when President Obama spoke of “those making $250,000.00 or more” as the “wealthy” among us today, it was maddening to think he was incapable of drawing the connection between small business, DBA’s, small LLC’s and other folks, who are the life’s blood of our economy, and who are the only hope of any meaningful recovery. This “tax plan” is simply another class warfare stunt that will further handicap any infinitesimal progress to date on the economic front. How any logical thinking person can believe this type of Progressive tax approach, along with massive regulation and now universal healthcare, are somehow conducive to economic growth is simply inexplicable. However, that is a topic for another day, (and many more after that).

Anyway, the “revenue” generated by this massive tax will explode the national debt by $4 “T”rillion dollars over 4 years and generate only enough usable capital to run our bloated government for just about 8 days, yes people 8 days! Is there anyone out there who truly believes this “tax the rich” scheme is legitimate and not a campaign tactic meant to distract and destroy? If you do, you are beyond all reason and actually a big part of the problem.

For my part, I believe this President knows full well he cannot find enough revenue on Wall Street to fuel his “hope and change”, and so he intends to cut a line even closer to the beating but injured heart of our nation. Hopefully, he and his Marxist college buddies will be shown the door in November, before “We the People” bleed out from the many flesh wounds already inflicted.