President Bush excused a similar number of Americans from tax liabilities in his 2001 cuts, and our concern now is the same as it was then — that shrinking the group of Americans who actually pay for government creates a smaller constituency for fiscal prudence.

While giving part of the middle class a break, Obama would wage what could be described as a war on wealth through the tax code.

The importance of this cannot be overstated. The more people who have no responsibility in funding the very government largesse they demand, the faster the decline of our Republic.

What part of “The government taxes me, I pass it onto you” doesn’t the left understand? It in the most basic principle of business. My costs go up, you pay more.

Any Dems here care to explain?

Limerick on June 16, 2008 at 11:48 AM

I have a friend who runs a successful small business. He told me, he doesnt pay for anything. When prices (or taxes) increase, he passes that cost along to the customer. It’s only common sense, you cant do business for free and expect to make a living. Limerick is right. Socialist democrats either know nothing about the free market or they choose to ignore it for pandering purposes. Tax the oil companies? Who do they think is going to wind up paying those taxes? We will, at the pump. But to millionaires like the socialist democrats, what’s a few more dollars at the pump, more or less? Just more ammunition for them to use for their thumb sucking, tummy rubbing, nanny state supporters.

Meanwhile, Republicans, Independents, Libertarians and busineses will pay the normal tax rate, saving our economy and the livelihoods of millions.

Building a massive federal debt and killing the value of the dollar- that’s real progress. You probably think that $140 oil creates jobs.

Certainly Democrats would be thrilled to be able to put their (tax) money where their mouths are and to demonstrate their vastly superior intellect and leadership skills.

Meanwhile, Republicans, Independents, Libertarians and busineses will pay the normal tax rate, saving our economy and the livelihoods of millions.

That’s the whole idea of the commies, you have massive unemployment and run away inflation then all the sudden communism will look like a good idea.

The end of Michigan is near, with dem leadership from Granholm, Kwame Kilpatrick, Debbie Stabenow and lifer Ben Franklin wannabe complete with bad comb-over Carl Levin. And now Mr Hope and Change shows up to pound the final nail in our coffin.

swami on June 16, 2008 at 1:50 PM

But some of us actually have a plan. First we expel all of the trolls and flatlanders back south of the Big Mack. Then we take over the toll booths on the north end. All sothward flow of tax revenues to Lansing cease. Then a fence along the border with The Peoples Republic of Wisconsin. If you want to come into the UP after that you have to pay a use tax, an entrance tax, and an exit tax.

We then declare independence from the Lower Peninsula. Remember, for the 300,000 inhabitants of the UP there is a larger firearm to resident ratio than the LP. Probably more Bibles, too. The flag is being designed… ;-)

Wanna put some money on that? I’ll bet on the Democratic Party retaining control of the Michigan government, because all of the problems are the result of those “Republicans” doing something evil.

Annoying Old Guy on June 16, 2008 at 1:42 PM

Michigan will go solidly blue come November, they always do. When Al Gore put out a book saying he wanted to eliminate the internal combustion engine, he was the US auto industries worst enemy and the UAW zombies all voted for him anyway. There’s nothing a Dem can say or do to stop the UAW zombies from voting Dhimmicrat.

This bill would mean a big tax hike for the self-employed middle class, and the only thing stopping it for now is a promised Bush veto.

Wait till Cramer hears about this. . . .

Cramer, Buffet, Gates, and others support higher taxes on the wealthy. If you think that Wall Street is full of supply siders, you’re wrong. That religion went out of style in the late 1980′s.

Bush had the former Alcoa CEO as Treasury Secretary telling him not to lower taxes so much for the rich. But this is an administration where Karl Rove has more policy-making power than anyone from Wall Street or the top echelons of business. So you get lower taxes on the rich and a budget deficit going through the roof.

It’s too bad Engler went on the be the head of the National Association of Manufacturers. He would have been a perfect running mate for McCain. But he would be crucifed as a lobbyist.

then instead of keeping your 75,000 it gets taxed.. 30-40%

There are tax cuts for some, and that could be a positive. Obama promises to energize the middle class by eliminating income taxes for most households earning less than $75,000 year, which would trim 10 million earners off the tax rolls.

What If i earned $76,000 ?

would I only get taxed for $1,001 that i went over?

Or would i get taxed for the whole $76,000?

The end of Michigan is near, with dem leadership from Granholm, Kwame Kilpatrick, Debbie Stabenow and lifer Ben Franklin wannabe complete with bad comb-over Carl Levin. And now Mr Hope and Change shows up to pound the final nail in our coffin.

And Michigan already has a big ol’ steaming pile of what Barry’s selling, knows it for what it is, and isn’t going to buy any more.

Wanna put some money on that? I’ll bet on the Democratic Party retaining control of the Michigan government, because all of the problems are the result of those “Republicans” doing something evil.

James on June 16, 2008 at 1:16 PM

If it weren’t for the MEDC and the Life Sciences Corridor, there would be no pharmaceutical/biotech business in southwest Michigan.

James on June 16, 2008 at 1:19 PM

Agreed. My dad retired from GM in 1999 when some of the plants were being sold off to other firms (during which the UAW was having hissy fits!).