Massachusetts senator John Kerry admitted yesterday on MSNBC’s Morning Joe that allowing the Bush tax cuts to expire will result in a “major tax increase.” Kerry is a member of the do nothing, so-called Super Committee. “You’re guaranteed, unless it’s changed, a major tax increase on January 1st, 2013, when the Bush tax cuts expire.”
I’ve got the bumper sticker for some enterprising Republican with half a brain:
“A vote for Obama-Biden in 2012 is a promised tax increase and a loss of more jobs in 2013.”
Even when Democrats tell voters what they’re going to do, a majority of voters still vote for them. Even voters who know better vote for Democrats because they believe the party of socialism and fascism has their best interests in view. “I vote Democrat,” the fools say, “because I know they’ll stick it to the rich.” Liberals love to hear that. They live off voter envy.
As I mentioned in my article “John Kerry: Tax-Raising Hypocrite,” Senator Kerry is a multi, multi, multi millionaire. He does not pay taxes on his millions. Taxes are on wages. He doesn’t need any wages. He can live off his many inherited millions. He can seem magnanimous, caring for the down trodden, by calling for a tax on the richest Americans. Kerry will not see his taxes go up. Small business owners will see their taxes go up, the same business owners who create the jobs that the Obama Administration can’t figure out how to create.
When taxes go up for business, they affect employees. It’s that simple.
By lowering taxes, jobs are created. But there aren’t enough votes in the business world. There are more employees than employers. A small businessman might employ 12 people. The employer is one vote, and then there’s a possible 12 votes in the employees, so Liberals create taxing policy for those 12. Liberals make promises to the working man that costs the employer a lot of money. In the end, however, the burden of taxes and regulations swamp the employer, so he trims expenses, and that often means layoffs.
The economic downturn now becomes a political fight on how to solve the problem. The simple solution is tax cuts. But tax cuts benefit the economic engine of the businessman. Such a policy does not fit the Liberal political playbook. Liberals can’t be seen writing tax policies that benefit the rich. They would lose their political power. Who would need Congress if businesses were prosperous and we had near full employment? So Liberals purposefully create dependency so they can stay in power.
McDonald’s CEO Jim Skinner understands what’s needed. Here are some of his comments to the Super Committee:
- “The question is, how can we get the ox out of the ditch? In order to create jobs in America, you’re going to have to cut taxes … particularly in the business community.”
- “We pay some of the highest [corporate] taxes around the world. There needs to be some leveling.”
- Asked about federal borrowing, he said: “It’s not a good story… the government has to spend less. We have to grow the economy, grow GDP… and you have to be able to do it in an organic way and not through borrowings and increasing debt.”
Bernie Marcus, co-founder of Home Depot, said the U.S. government is the single biggest impediment to job growth in America today. He pointed to “rules and regulations from a group of Washington bureaucrats who know nothing about running a business.”
These men know how to create jobs. Did anyone on the Super Committee listen to them? No. Even the late Steve Jobs, an enthusiastic supporter of the President, warned him that his anti-business attitude and passion for federal regulations to manage the economy could jeopardize his re-election campaign. Jobs told the President that “regulations and unnecessary costs” make it difficult for companies to locate in the United States. And this from a Liberal!
Isn’t there one Republican who understands these issues who can articulate them to voters? I’d be hammering these points 24/7 any way I could.