Posted by
rycK on Thursday, September 18, 2008 12:06:17 PM
Biden Defines
Patriotism and Wants more Tax Money. The
Tax Whores are Foaming at the Gate.
The
psychotic mantra that chants that your
taxes are ‘investments’ and that taxing the rich will bring prosperity to the
middle class now clogs the mouths and cranial depths of old stale
big-government losers like Joe Biden, liar, plagiarist and tax whore.
You are now a ‘patriot’ if you let the drug-crazed lefties and their Marxist allies in Europe and Iran use your money.
Here is the phony pitch:
If we tax
corps, those earning $250,000 and above and also tax investment proceeds like
capital gains and such and, then, astonishingly we give that money to the
‘little guy’ that all will benefit.
This is so much crap
that it is difficult to know where to begin.
[1] Any
new taxes to corps will wind up as a cost
and the directors of the corporation will have to address this new cost,
probably by increasing prices.
[2]
Historically, increasing the marginal tax rate on individuals results in a
decrease of revenues because they are the only ones who can avoid new and
higher taxes. The workers are stuck with tax hikes because they usually come in
payroll or property or sales taxes—things they cannot do anything about.
[3] Jobs
are provided by corps—not government. Business pays for government and private jobs
with salaries and taxes.
[4] The GDP [gross domestic product] is C +I +G +[balance of trade]. C [consumption] is 67% of the
economy, G
[government spending] is 26% and I [investment] comes from business ventures. When
I
drops to zero corps do not want to take risks to hire people and tend to lay
off existing employees.
We can
get some vision of what chum-chuckers like Joe Biden offers comes from reading
about the bankrupt cities and states like California, New York and New Jersey. These places, most notably San Francisco, show what people like Biden and
his social parasites are looking at.[2] The drooling drug-crazed whackos
in Sacramento have not intention of following
any form of fiscal responsibility. They will tax and tax and tax and tax and
that is all they have to offer.
“Joe Biden, a known loser, liar, plagiarist and gaff spinner, possessing only the
skills of emotion and braggadocio brought nothing to the team. His lack of
integrity and blowhard rhetoric brings some balance to the leftist ticket. His
selection was hailed as a sterling piece of wisdom by the Obama sycophants and
their cooing stooges in the press. But
there was no ‘bump’ in the polls.” – from a previous blog.
Joe now
works the muck rake and honks the tax-whoring tunes, a job he can barely do. We
expect him to explode in a furious diatribe against his political enemies as he
has done in the past.
Vote against
liberals!
rycK