Thanks for the Email.
From time to time I post on HF,
and recently have began to get some replies.
That is GOOD
Issue can ONLY be Solved
if they are discussed.
I will reply
Line by line
to what you wrote
THANKS, AND KEEP 'EM COMING.
On Mon, Feb 1, 2010 at 11:44 AM, LNVTM2 - Lenny Vasbinder
Ken Jarvis on February 1st, 2010 at 9:42am said:
HF BS - Warns of Higher taxes,
but on WHO?
Families making $250,000 and over.
THAT is OK.
THAT is OK.
These taxes ARE A GOOD THING, AND WILL HELP FIX THE MESS.
Do you not understand that ALL taxes paid by the rich and corporations are
simply passed down to consumers?
*** Right away,
we have a problem.
The HF Said - "Families making $250,000 and over."
It DID NOT MENTION - Corps.
Question - How is Taxing Rush Limbaugh
passed on to me?
Ans ---- it isn't.
When a business is figuring out how much to charge for it's products, it
factors in cost of goods sold, normal operating expenses and TAXES that will
have to be paid and then they come up with their price per widget.
So... if you increase taxes on a business (whether a bank, wall street firm,
corner mom and pop biz, etc.), the consumers WILL pay all of those taxes.
Since most rich people own their own businesses (whether an actual business,
professional service, or just very valuable employee), taxing the rich will
result in the same thing. If these rich people are currently paying
themselves $1M a year and paying 40% in federal taxes, they are living off
of $600K. If you raise their tax rate to 50%, then they'll have to pay
themselves $1.2 million to end up with the same net $600K so their higher
incomes will now be factored into the cost of their goods/services so the
customer ends up paying the higher taxes due to the higher prices for these
This is plain and simple economics and ALL politicians know this but are
able to create class envy and push their tax the rich schemes with the
support of the lower class and the worse thing...
the ignorant lower class
doesn't even realize that they will be paying all of these added taxes.
That was SO KInd of you to tell me,
and you can rest assured I will pass it on to
All of MY "ignorant Lower Class" Friends.
Keep 'em coming.