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Originally Posted by Taltarzac725
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you obviously do not have a clue as to some of the things that can be done. For instance suspend the capital gains tax for 10 years. That would bring investment to the country. Investment for small businesses etc.
Cut the corporate income taxed to a level that is the lowest in the world. That will attract businesses to come to America and it will be an incentive for a lot of businesses to come home. Jobs jobs jobs, the more people who have jobs but more people there will be paying taxes. The more people who will be paying taxes the more taxes there will be in our coffers.
Basic economics is all you need to understand that increasing taxes is really counterproductive as far as the private sector is concerned. There has been no indication that the present president has had any thoughts of using the higher taxes that he wants paid to be used for anything other than expanding government.
I don't expect you to understand any of this because you're so blinded by your ideology. Socialism has failed throughout the world. You may pick one or two very small countries as anecdotal evidence of its great success but the truth is Socialism needs capitalism to survive and once you get rid of capitalism Socialism dies.