The government doesn’t get enough money to cover expenses, so Obama wants to jack up the tax rates to increase revenue.
Didn’t Obama JUST finish demonizing insurance companies for using EXACTLY the same argument to justify raising insurance premiums?
I have an MBA, BSBA in Economics, and am looking to take the CPA. I know money.
If one raises the price on a good, quantity demanded will fall by the percentage of the price rise. Pretty basic, go home tell it to your 12 year old brother. He’ll get it.
Obama is raising the price on wages, therefore, quantity demanded of most goods WILL go down, which lowers the taxable base, lowering taxes. We needed a Jimmy Carter to get a Ronald Reagan. Thank you, good night!
(most: some goods we must have)
It’s the old do as I say…not as I do syndrome at work. This administration has a pretty bad case of it.
@Jared, you are half right. If we weren’t stupid we could have had Reagan the first time around, and we could have had a decent President this time too. Like my garnny said, “You don’t have to s#!t the bed to change the sheets.”
It’s simple.
Insurance companies do it because they greedy and evil. Oh, and I’m sure they are racist too, otherwise they wouldn’t be trying to sabotage the perfection that is Obamacare by surviving.
The democrats do it because they love us so huggy buggy much (unless you live in a place like Arizona or Louisiana, or have an expensive medical condition. Then you’re screwed).
The dems tax us more because they believe we are too stupid to make financial or any other choice on our own. They must “nudge” us into the left direction for our own good.
If you believe in their plans than I have some ocean front property for sale in Arizona.
To hell with all of them. So tired of Obyango, such an empty suit.
4 more years of the Beloved Emperor and Malevelent Messiah thee ObamaLamaDingDong Moloch Hussein will break the camels back. He could destroy Liberalism forever!
I hope I live long enough to hear this question,
“GrandPa what were the Liberals?”
“Didn’t Obama JUST finish demonizing insurance companies for using EXACTLY the same argument to justify raising insurance premiums?”
You are quite obviously a Racist™. And probably a terrorist, too.