- Just when you thought it was safe to go back to the polling booth...
- Obama and Hillary locking horns in PA today.
- While it appears that Hillary is out of the race, she continues anyways.
- Obama would like to eliminate the Social Security earnings cap.
Lost in Obama's calculations is that many of the people who would be affected by eliminating the earnings cap are small-business owners who employ more than half the nonfarm private-sector work force and create two of every three new jobs in this country.
The self-employed would be subject to a double whammy, since they pay both the employee and employer portion of the payroll tax.
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Taxes would also be raised on 3 million small-business owners. By fiscal 2015, the number of job opportunities lost would exceed 865,000 and personal savings would decline by more than $55 billion.
And if you think this would raise taxes only on the "rich," think again. According to Heritage, taxes would be raised for 97,065 carpenters, 110,908 police officers, 254,992 nurses, 208,562 post-secondary teachers and 237,000 dentists.
- Hillary has called for higher taxes for "The Common Good." Adding, "We're going to take things away from you on behalf of the common good."
- Obama: "I think that we can have a capital gains rate that is higher than 15 percent."
- Obama: "What We Ought To Tax Is Dirty Energy, Like Coal And, To A Lesser Extent, Natural Gas."
- Hillary: Sen. Clinton: "You know, capital gains, I think we may have to nudge a little bit..."
Tax... Tax... Tax...