Everyone can agree that Obama is a tax hiker.
However, the result of hiking taxes may be better than you think. Many people oppose raising taxes because it means paying more money to the government so they can waste it. First of all, he only wants to raise taxes for the rich, which makes sense to close the rich and poor gap at least slightly. Secondly, everyone fails to realize that due largely in part of the war that McCain supports and Obama opposes, the US is in debt of over $2 trillion. There has to be some way that we pay that debt back, and that large debt is causing this terrible inflation.
The person in this blog said that Obama raising taxes was going to treat Americans unequally, and greatly distort the economy. This is false information. It is not exactly socialism, but they will actually get treated more fairly.
http://www.cato-at-liberty.org/2008/09/17/obama-tax-cutter-or-tax-hiker/
Sunday, September 21, 2008
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