Letter: McCain the better choice for the economy
We are looking at another election. The talk is change. We have a young articulate man from Illinois who states he is hope and change for our future. A little contradictive, wouldn't you say, when he takes as his running mate a man who has been i...
We are looking at another election. The talk is change. We have a young articulate man from Illinois who states he is hope and change for our future. A little contradictive, wouldn't you say, when he takes as his running mate a man who has been in Congress 36 years. Is that change?
Senator Obama states he is going to give 90 percent of the population a tax break. The problem is 40 percent of the population does not pay taxes. How is Sen. Obama going to give a tax break to people who don't even pay taxes in the first place? Obama will give them a tax rebate or what some people call wealth redistribution; others might even call it socialism. The definition of socialism: a social organization in which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy. Remember Obama's own words to Joe the plumber: "Spread the wealth."
Senator Obama states he will give the middle class a tax cut but only to those who make under $250,000.00 dollars a year. He is going to raise the taxes on corporations and the rich. They pay about 50 percent of what they make now; doesn't that seem fair? The rich should pay more and more -- they have enough money to support all of us. The richest 1 percent only pays over 60 percent of all taxes, and we already know 40 percent don't pay any taxes at all.
What do the rich do with all their money, anyway? Obama says he's going to create jobs. How does the government create jobs? They don't, they only spend our taxes! The government needs to create an economy that allows our society to create the jobs by growing. Entrepreneurs create jobs, not the government. Obama says he will give tax credit to companies that create jobs here. Great, but wait -- if your company makes over $250,000, then you will be taxed by Obama for being to successful. Does that make sense to anybody? You want companies to create jobs here, but if they are successful and make too much money, you're going to tax them for being successful.
My point on the economic problems is neither party has done Americans right. They have both failed us terribly. Does any sane- thinking American think anybody is going to get a tax cut? We just OK'd close to a trillion dollars in bailouts. We don't have any money left, and our government needs to quit spending. We need change, that is for sure, but do we want somebody who will not take on his own party? Obama has never showed the ability to take on his own party. McCain has taking on his own party and asked the tough questions.