Anyone concerned about Barak Obama's trillon dollar tax and spend promises?

Question

Just wondering, with a debt of almost 10 trillion dollars already and with the basic economic fact that the middle class pays most of the taxes in America anyone wondering how much it will cost or are you just praying your one of the lucky few thats gonna get some of that cash?

Answer 1

Well the idea is to tax the wealthiest more, because the tax burden isn't exactly fairly distributed right now. We've been driven into heavy government budget deficits, and you need to get out of it somehow. Its advisable to spend that money on infrastructure and education, and good use of that money could potentially add enough to our output to pull us out of recession.

The way your question was phrased, I don't think you're gonna agree with this view point. But I just wanted you to know what the idea is behind what he's saying.

hope it helped.

Answer 2

freeloaders don't care but the work horses are worried

Answer 3

Raising taxes into a recession is very scary.  Refer to year 1932.

Answer 4

Obama is going to break the bank.  The cost of Medicare is already breaking the bank and Mr. Obama wants to add to that with his health plans.  There's no money for it.  It's easy to say that we can tax the top 5 percent of the wealth and solve many problems, but those are the people that can afford to take their business elsewhere and remove themselves from the tax rolls.  Oh woe is us.