Re: Obama to business owners: "You didn't build that."
Know what's at a 44-year low? Taxation! But wait, I thought low taxes resulted in job creation!! Why aren't we up to our asses in jobs? Did the Republicans lie to us?!
Nope, they didn't lie. Tax cuts DO create jobs. Wanna know what stifles that? An administration that is outright saying they are going to raise taxes on ONE SECT of the American people. Here's there idiotic problem. The vast majority of small business owners file taxes as INDIVIDUALS. Therefore, if you raise taxes on INDIVIDUALS earning more than 200k a year, you are effectively raising taxes on the strongest job creators in our economy.
Wanna know what else stifles jobs? Obamacare. Go talk to a business owner sometime. They have no idea how it's going to effect them financially. Therefore, they are just WAITING.
Wanna know what offsets low taxes? Burdensome regulations. The Obama administration has passed more regulations into law in one term than any other President in history. This is common sense to most people, but let me explain it to you. Regulations have the same effect as a tax. Get that? Do you understand this? If not, please excuse yourself from this conversation. Regulations effect a company's bottom line......just like a tax. Stifles job creation.
We have an administration, who we have found out this week, that purposefully destroyed 20,000 pension of NON-UNION employees in General Motors. Did they destroy UNION pensions? No, they didn't. They fullfilled them 100%, while destroying 20,000 pensions of employees who were not members of the union. So, is it a shock that a non-union employer isn't in the mood to hire a bunch more people???
Get real. Your tax argument is easily overcome. Because while it's true we have a 44 year low on INCOME TAX RATES, we have an all-time high in regulations, coinciding with a government hell bent on raising taxes on America's biggest job creators....small businesses.
Do you not understand any of this? Or are you also hell bent on "getting the rich to pay their fair share"? Did you know that the vast majority of small business owners file taxes as individuals? Do you know how regulations effect business? Are you out there talking to business owners about how Obamacare is effecting them? While the FEDERAL INCOME TAX rate is at a 44 year low, the burden on taxpayers is greater than ever before. Understand that the next time you spout off something about taxes being low. This administration is driving up the cost TO DO BUSINESS. That offsets any sort of low tax rate. Don't take my word for it. Just go start yourself a business and find out firsthand how costly it is to conduct business today.