Kerry Economic Plan would Cripple Economy

[Smartweb]

Yeah, this has practically become the anit-Kerry forum, but anyway, here is my opinion about the Democrats' robin hood style economic plan.

Kerry believes that the wealthiest 2% of Americans should not benefit from the tax cuts that President Bush created. That is a fact, unless Kerry decides to flip flop again. If that happens, those 2% of Americans being taxed heavier will cause prices everywhere to rise because they have control over the economy. When prices rise, the inflation rate skyrockets.

Kerry chooses this method because he rightly believes that the wealthies 2% of Americans can handle paying higher taxes. With higher taxes for them, the national debt could indeed by decreased and more money could be spent on other things like social security. The problem is that soon after the middle and lower classes get their tax cuts, inflation goes up and the tax cuts become worthless.

Kerry clearly doesn't have what it takes to handle our nation's economy.

[Cash]

Smartweb is almost correct...
Smartweb said "Kerry chooses this method because he rightly believes that the wealthiest 2% of Americans can handle paying higher taxes. "

Smart web is totally wrong. Kerry chooses that method because he believe the lower 50% will vote for him if he screws over a small percent of smart / rich people that wouldn't vote for him anyway. And as Smartweb said most of the lower 50% is too stupid to realize that if you unequally tax the rich the whole economy just shifts through inflation.

[ccb056]

Social Security will be non existant in less than 20 years because of all our inner city friends sucking it up.

[The_Man]

To add on to Kerry's crippling economic plan. He wants to start a New Job Tax Credit. Well this is where for every "new job" created the government handels the payroll taxes for two years. Guess What. Another Democrat tried this before. Can anyone guess his name. It was Carter. I don't know much about him but i've heard he messed up the economy and when he tried that idea it failed. Its also been researched that this idea will not work and 92% of the jobs created with the new tax law in place would have been created anyway due to the other economic strategies Kerry is placing on American companies with overseas factories. Plus Kerry took some quotes from a 1979 document that said how this idea will work, it will work on the small scale but later in the article it says that it will not work on a large scale such as america . Therefore this idea is deemed to fail. about the overseas jazz that to much to really explain here maybe a later post.