Only idiots are buying into this tax break for 95% of Americans. Do you really think anyone is better off when you take from one person and give to another?
What happens if your employer is taxed more? I hope you weren't planning on a raise. You'll be lucky not to lose your job to outsourcing. At least there's unemployment insurance.
What do you plan to purchase with the welfare check Barry is going to send you? At the grocery store that's being taxed more? At the car dealership that's being taxed more? Probably at the liquer store that is being taxed more. I hope you plan to only make purchases from businesses or people that make less than $250k a year. Guess what? Prices for everything you buy will be going up at the same % increase as Barry proposes on those we purchase from.
Now there is one ray of hope and I think the parasites will like this. Trillions of dollars are spent with companies that don't pay any taxes. Prices for these goods should go up much. Problem is they are from companies that don't reside here. Oh, but wait, Obama wants to tarriff that stuff. Too bad for you.
So here is the plan in a nutshell.
Take from producers. If they don't like it they can lobby for favors and donate to my campaign. Maybe we can work something out for them.
Give to consumers. Attempt to buy votes with a handout.
Cost of all domestic goods goes up. Time to start lobbying for tarriffs. Let's get out the check book and buy some lunches.
People want to buy imported goods that are less expensive. Look, another American company moving jobs overseas. Let's prop them up with tax payer money so they can compete. Let the lobbying begin. Hmmm....let's take a look at my campaign contributions list....I choose this company and this company. Not these guys, they didn't come to washington to buy me lunch once this year and they didn't give enough to my campaign. Now on to the subsidies for those that made the cut. We're still going to keep their tax rate high but we'll give them some money for "re-tooling" or loan I don't expect them to pay back.
Put tarriffs on selected imports to raise them to the level of domestic goods. Again, lets take a look at my campaign contributions list and see which industries get tarrifs this year.
Yeah, we won. We saved American companies. Now all goods and services are more expensive and American business can compete again.
One of you dipshit libs is going to have to explain to me how this accomplished anything. Outside of creating percieved winners and losers, to insite resentment and buy votes/campaign contributions. I guess libs just aren't wired for math and logic. Maybe for the best. You'll probably live longer not realizing you are getting screwed. Good for you. BAAAAAAH