theres alot of people on here that really dont know a thing about politics. No matter what canidate gets in office nothing will change. I love how people think that the bush tax cuts are making the poor poorer. Most of those tax cuts dont affect the poor in any way and the ones that do affect the poor affect them in a positive way.
Next are the repealing of the Bush tax cuts and the start of the Obama tax plan. Most of the wealth in this country is tax free. This is routinely done by owning prperty in a place like the bahamas which has a vastly lower tax bracket for the very rich and o capital gains taxes. These people may live in the US but their banks are overseas and so is there home of record. That money is completely untouchable to the IRS. So when Obama wants to start cutting back on spenidn where do you think he is going to go? It wont be earmarks, he is one of the leaders in the country for dollars and projects. It wont be a social programs, thats where a vast majority of his votes come from. The money will come from all of the national security agencies and military. Hey thats going to be wasted money anyways considering he is going to make nice with all of the worlds tyrants. The of course this is going to be tax increases for those nasty rich people. Well those rich people are rich for a reason. They are smarter than the average politican. They will find ways to decrease the burdens they will have. Then there is the businesses that will need to pay more in taxes. Well, business dont really pay taxes. They simply pass consumers money onto the govt. What they will do is a combination of raise prices and lower wages/raises to make up the difference in their bottom line.