Monday, September 19, 2011

the problem with electing the inexperienced and uneducated..

In a new paper, Heritage’s Curtis Dubay explains that the tax hikes in the President’s plan would be permanent, while his jobs policies would be temporary. And, in a senseless irony, those taxes would be levied on the very job creators whom America needs to create jobs.
Dubay writes:

    In the Administration’s poorly crafted and contradictory jobs package, the American people get permanent tax hikes that would enlarge the federal government to offset the cost of temporary jobs policies that would not create any jobs. In the long run, the tax hikes in this plan are more likely to destroy more jobs than the jobs policies create.

    Unfortunately, President Obama will not consider policies that would actually create jobs by reducing the high level of uncertainty that persists in the economy today.


Those tax policies include raising taxes on job creators by capping the deductions that families and businesses earning more than $250,000 a year could claim. And that tax increase would be on top of the 3.8 percent surtax on investment income coming in 2013 under Obamacare–not to mention the new taxes that the President is proposing today.

duh, did i do that...??

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