If someone is making over $250,000 and they are not having a surplus of money every year, then there is something wrong with how they are spending their money. There should be no reason for them to need to lay off any employees just cause they can't afford to run one of their ten fountains in the back yard or whatever rediculous things that might add up to having to spend that much.

It all sounds good in writing. We give them their tax cut, they use it to improve their business, so in turn they need more employees and can produce more product or provide more services. That or they already have a good business running, and they use the extra profit to lower prices of their goods and services.

Holy crap, we all just won big off of that idea.

The problem I see is this...

The companies see this extra money come in and say "Hey, I've become bored of my $250,00 (or more) a year lifestyle, let's kick it up a notch" My business doesn't need updating or any prices lowered, cause people are already paying the prices and I'm makeing profit, so who cares.

Oh crap, you're telling me that I was doing bad business practices? Well, my business is so huge that if it drowns, lots of people will lose jobs and it could hurt the economy. Come on government, you HAVE to bail me out. What would you do without me? Then come next election maybe you can lower our taxes a little more and help me "improve my business".

Now if you give that tax cut to the lower income population then they will be able to spend more money on the things that are already higher cost. So with these people spending more money, the businesses will probably see the same profit after taxes even though the taxes went up. Hell, maybe they'll even increase their profit.
JaySin Reviewed by JaySin on . Obama Bombshell Redistribution of Wealth http://www.youtube.com/watch?v=iivL4c_3pck Bit of an agenda here....sounds real similar to the preachings of Rev. Wright. Have a good one!:s4: Rating: 5