Raising taxes on the rich & corporations YEA!

Does BHO's tax talk about raising taxes on corporations and small business > $250,000 sound good to you, the "middle class that comprises 95%" of the US population? Be careful what you vote for...

Remember, raising taxes on corporations and small businesses doesn't cost these entities a penny since they simply pass the taxes on to their customers via price hikes and/or smaller deliverables. This is the primary reason that raising corporate taxes causes an economy to enter a tailspin because you simply are raising the prices that customers pay.

Every time a politician says he/she is going to raise taxes on the rich and corporations, you can bet it is simply going to end up being a price hike on the consumers which will cause them to cut back even further doing exactly what you don't want to do in a economic recessionary perspective.

Let's not forget what Bill Clinton did as soon as he won the 1992 election. If you aren't as good of memory as I am, during his transition period he held an economic summit and said that "the economy is worse than he was led to believe, and so the tax cuts discussed during the campaign" may not be able to be implemented. In fact, memory struggle again, Bill Clinton signed the largest tax hike in history in 1993.

Prepare for history to repeat itself as soon as BHO is elected next week.