Corporate tax rates in the US are the highest in the world at 40%, forcing companies to move overseas, and we are supposed to raise them higher to fund massive welfare payments, including to "at least" 100,000,000 foreigners in other countries? How do they think that any of these companies will be able to survive, let alone prosper and hire more workers?
Congressional Democrats are looking at getting rid of 401K plans. Well, they will need to find a LOT of money from somewhere if they go into the "tax-and-spend" frenzy expected from an Obama win. I find it really scary when our representatives in congress speak about "not taking my money through higher taxes" as if it is an "investment by the government" where they are "giving" me money. Quote: "Rep. George Miller, D-Calif...“We’ve invested $80 billion into subsidizing this activity,” he said, referring to tax breaks allowed for 401(k) contributions and savings."
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment