"Support Builds for Tax Credit to Help Hiring"
This proposal in the New York Times is nothing more than a repeat of the previous Republican Administration that taxcuts are the answers to everything that is confronting this Nation. In fact, what this Nation needs is to INCREASE big business taxes in the form of a "WarTax" on any U.S. Business operations whether they may be Foreign or Domestic, who have manufactured or supplied any war equipment or materials of any form, i.e. gasoline, jet fuels, ammunition, replacement parts, transportation, or personal services such as general private contracting or security firms who are now operating within any war zone throughout the world at taxpayer's expense.
In addition, this Nation is now having Budget Problems contrary to providing any additional tax subsidy reductions for the business sector whowere responsible for this depression and the cost to recover from this depression in the first place.The American People have only followed the "dictatorship" economic pricing policies that have been imposed by Big Business at the retail sector, andour American People have spenttheirincome earningsin reflection to those pricing policies.It is therefore the business sector that "controls" this Nation's economy whileour AmericanCitizen's onlycontrol their"necessity" livelihoodexpenses for their households that the business sector haspreviously imposed upon them while our Government Official's have ignored the situatioon.
In regard to the 1930 Great Depression era in comparisonas of today, it is inconceivable that 40% of our American workers duringthe 1930's paid no income tax at all, while in the interim the business and wealthy were paying the highest taxes in our history which was approximately 94%that left a 6% profit margin for the business sector to prosper and grow.Considering the previous, if thebusiness sector could survive andearn 6% sales revenues then, they can surely do the same now.
In thepresent year of 2009 the wealthy are now payingan all time low rateof35% of our present tax burdens,thatin the interim currently representsaGovernment Tax Savings "subsidy" or additional "windfall profits" for businessby approximately 60% when compared to the Great Depression years, while in the interim the business sector has been price gouging the public at the retail sector by another 400% in relation to "necessity" health care and energy related price increases over the previous ten years. I also submit: That overthe pastten year period ALONE, the business sector has been rewarded with an additional 600% (60% x ten years = 600%) or additional subsidy revenuesin the form of "tax reduction savings" that have been carried over since the depression era of the 930's.
I now invite youto review the TWO depression eratax charts below , in additionto all of the related links, as to the validity of this writing:
HISTORIC TAXATION RATES DURING DEPRESSION AND WARS
Note: During the Depression and World War 11eraThe WealthyTax Rate Was 80%
In the Previous Year of 2008 The WealthyTax Rate Was Only35%
The taxation history chart below illustrates levels of taxation. Please compare the level of taxation with the growth/recession rates of each period: DEPRESSION ERA WORLD WAR 11 KOREAN WAR VIETNAM WAR I2008 RAQ-AFGHAN WAR
CHART CONFIRMATION LINK:http://www.answers.com/topic/income-tax-in-the-united-states#Tax_rates_in_history
In orderfor ourAmerican Citizen's to prevail in regard to fair taxation and this presentDepression,ItIs Essential that Our American Citizen's shouldnow "Come Out Of The Closet" and Demand thatour politicians provide us withconvincing evidencethat they are no LongerControlled or Influenced by the WTO, The New World Order, Banks,orBig Business Lobbyist,Whose Only Goal Is To Control Our American PeopleThrough Our Government Officials. THIS MUST END NOW!!.
It is also inconceivable that our U.S. Government has financially propped up the Business Sector recently so that the Business Sectorcan "sell more"at the retail sectorthrough taxpayer Stimulus Packages and Corporate Bailouts,.butin the interimhavefailed to prop up our Nation's low income Workers and retired SeniorCitizenswith "additional" monthly income bailouts so that theycan "purchase more" at the retail sector in order to sustain their present living standard and also their family or individual livelihood.
To accomplish this endeavor,perhapsConsumers andLabor Unions throughout the worldshould consider joining their existingforcesto establish a competitive "NewWorld Order"Labor Organizationthatwill protect the rights of workers andalso establish equality in the world market place between Business,Labor, and Consumersthat does not exist today. In today's world, business has established a world monopoly over Consumers and Labor that must come to an end soon as possible.Perhaps the UN or any otherworld organization could assistin regard tothis endeavor. KEEP HOPEALIVE!!
