Government Verses Business Profits, Growth, and Jobs

Excessive taxes and regulations, and poor governmental policies are major business costs that reduced resources available for business creation and expansion. For example, U.S. corporate taxes are the highest in the world, and high U.S. progressive income taxes — that President Obama proposes to increase — drive many jobs offshore, and stifle growth. A fundamental question is: “What are the impacts of government driven business costs on the whole nation?”

TWO PATHS TO PROSPERITY

There are two paths to prosperity:

PATH 1.:  Steal it from others — through wars, taxation and robbery

PATH 2.:  Create value to build wealth — create what people need and want

Government deficit spending is stealing from today’s youth and robbing from future citizens.

> Liberals have chosen PATH 1.

> Fiscal conservatives have chosen PATH 2.

WHAT PATH WILL YOU CHOOSE?

Career Politicians: Irrational and Greedy

Career politicians’ are our Nation’s most irrational and greediest citizens! Yet they have convinced many of us it is those who disagree with them, big corporations, and the wealthy who are greedy. Consider the irrational and greedy actions of our politicians.

To stimulate the economy politicians irrationally:

  1. Indebt future generations. It’s done nothing. So they stimulate with more debt and quantitative easing (money printing) again and again. Money printing ultimately devalues existing money and raises inflation.
  2. Cut interest rates. It’s done nothing. So they cut rates again and again.

Obama’s “Tax The Rich” Mantra

President Obama’s stump speech to “tax the rich” is more rhetoric than fact. Let’s look at his statements and the facts before we all jump to the conclusion these taxes will fix our deficits/debt problems. He proposes to let expire the (Bush) tax cuts for those making over $250,000 per year. He claims these tax reductions:

  1. Have been a “major” contributor to our deficits
  2. Will raise $1 trillion over ten years for debt reduction
  3. Will not hurt businesses
  4. Will make the rich pay their fair share.

The facts are:

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