Taxes, Taxes, Taxes
During recent weeks we have all heard about how various Candidates are going to raise taxes on the Rich, the Money Making Oil Companies and the Corporations. Sounds like a grand idea that we all should embrace.
I have yet to hear of any successful Company that did not pass along the expenses of operation, which also includes Taxes of any type, to the consumer.
So if the Money Making Oil Companies are going to be subject to More Taxes who do you think will bear the brunt of these taxes? I think you already know the answer.
Additionally, who here on this Earth whose retirement plans include funds in a wide variety of plans can truthfully say that their retirement plans are free from any corporation's success? Most retirement funds are heavily invested in the industries and corporations operating in the United States of America. I have yet to meet any employee who desires that their potential retirement incomes be hampered by any government over taxes.
I suspect that if we think these "more taxes on the rich, including corporations," options through we will quickly ascertain that we may indeed be looking at reducing our own potential retirement funds. I would suggest that everyone who views more taxes on the rich to consider the long term impact of any such "quick fix solutions" that you here now in the final weeks and days of Campaign 2008.
Now, without looking at the long term, I know that many of the readers of this Blog are currently employed. I have always enjoyed working for "Rich" people and organizations. I was always sure that my next pay check would be honored when I went to deposit it at my bank.
Some of you may not know that the Flower Child originated in the Great Upper Middle West of the United States of America. This area is also known as the heart land, but even more important is the vital fact that this area grows the majority of the food products we all enjoy. These Middle West Farmers have a large outlay in infrastructure and operating expenses. I have heard from some that Farmers are Rich. If you think this way, I would challenge you to take the risk of being a Farmer, so before you encourage your duly elected officials, or even vote for one who wants to increase taxes; consider for a moment the impact that such foolish action may have on your ability to put food on the table for your family.
We can even take this one more step, before you encourage your duly elected officials, or even vote for anyone who wants to increase taxes on "Money Making Oil Companies" please consider what the impact of that action will have on the price for each gallon of Fuel you desire to acquire.
To be certain, there are no easy answers to the situations we now find ourselves in, but you can be sure that more taxes just may impact on your ability to retire as you may have previously planned. For those who are already retired, please remember that our Cost of Living increases may not be able to keep up with the good folks who are trying to buy our votes by raising taxes on the Rich, the Money Making Oil Companies and other Corporations. Their increased operating expenses will be passed on to the Consumer - You and I.
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