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Thread: Anticipation of higher corporate taxes hurting economy

  1. #1
    As every day passes, more and more corporations are laying off workers in anticipation of higher taxes President Elect Mr. OhNoBama has promised to fulfill his dreams of freebie world and help lazy and non-working people.

    DHL is on board to proactively take action against huge tax increase to keep itself competitive and profitable.

    http://money.cnn.com/2008/11/10/news.../dhl/index.htm

    After AhBama, UhBama, UmBama, Ohbama was elected stock market crashed, corporations have announced major layoffs, filed bankruptcy protection etc. How has his election helped America?
    If Democrats Had Any Brains, They'd Be Republicans

    Democrats - Brave enough to KILL our unborn, just NOT our ENEMIES!

  2. #2
    I dunno how you can be blaming Obama already. He isn't even in power yet! You buddy Bush is still in power. The DHL US pullout was on the rumor mill last summer. I know some of the guys who were flying under contract for them were looking to get out. Circuit City has been dodgy for some time too. It's the weak economy causing it, not Obama
    "What you see in the photograph isn't what you saw at the time. The real skill of photography is organized visual lying."

  3. #3
    I dunno how you can be blaming Obama already. He isn't even in power yet! You buddy Bush is still in power. The DHL US pullout was on the rumor mill last summer. I know some of the guys who were flying under contract for them were looking to get out. Circuit City has been dodgy for some time too. It's the weak economy causing it, not Obama
    EXACTLY

  4. #4
    Agree AhBama, UhBama, UmBama, Ohbama is not in power yet. However, if you read the article of DHL it clearly states they are forward looking, proactively taking measures. Why? Because AhBama, UhBama, UmBama, Ohbama has promised to increase taxes. McCain said he would reduce corporate taxes by 10% to help economy.

    Well the party has just started.
    If Democrats Had Any Brains, They'd Be Republicans

    Democrats - Brave enough to KILL our unborn, just NOT our ENEMIES!

  5. #5
    Originally posted by tara_davis:
    <BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">I dunno how you can be blaming Obama already. He isn't even in power yet! You buddy Bush is still in power. The DHL US pullout was on the rumor mill last summer. I know some of the guys who were flying under contract for them were looking to get out. Circuit City has been dodgy for some time too. It's the weak economy causing it, not Obama
    EXACTLY </div></BLOCKQUOTE>

    What else is new? They blame Bill Clinton for 9/11 right? So it follows, Obama should be blamed for GWB's mess.

  6. #6
    Originally posted by davdah:

    Expect a lot more of this. Much of it you won't hear about. The smaller employers will be cutting costs (jobs) as well. Watch the unemployment figures over the next couple months. There will be significant increases in new filings.
    Much Worse Yet To Come!
    USC and Legal, Honest Immigrant Alike Must Fight Against Those That Deceive and Disrupt A Place Of Desirability! All Are Victims of Fraud, Both USC and Honest Immigrant Alike! The bad can and does make it more difficult for the good! Be careful who y

  7. #7
    That's what I said, Obama has got to be blamed for whatever is forthcoming as offshoots thanks to GWB's "competent" watch! GOP did nothing wrong except perhaps for being rarely endowed with the highest quality of (mo***ic) intelligence.

  8. #8
    Once again it's nothing but a classic GOP spin. In the aftermath of bursting of the housing bubble, nobody, yes, nobody wanted to assume any responsibility or any blame. Yet, everybody, yes, everybody was quick to point fingers.

    So, yes, of course, it's been Barack and the Dems who just gained a slim majority in both chambers of Congress in 2006 to blame - then, now, and in the long and painful reparation jobs ahead.

    Happy now?

    But wait a minute, can all this morass not be rooted back from the GOP's "small government and deregulation" doctrines? Is it not the obscene byproduct of the GOP's cuddling, pampering, and fueling the insatiable greed of the wealthy? Of those who have the most brilliant economists and brightest financial analysts in their payrolls? Those who created the artificial housing demand by alluring even those who neither need nor could afford them?

    Yet in the end the same experts turned out to be no better experts than you and me for not foreseeing any of this taking place. But, yes, of course, they now have the most convenient scape-goats when the partying was over.

    And regarding the planned taxation of and for the wealthy, I know, it's been a campaign scare to brand it as "raising taxes" when what's being proposed is just to revert the tax scale back only to the Clinton years. Enough is enough because the "trickle down" mechanism of economic opportunities simply didn't work, and won't work ever. So if there should be tax breaks it should be for the 95% of working middle class. That is a more intelligent economic principle to attempt to bridge the ever widening ocean of gap between the rich and the poor.

  9. #9
    BiGoTrY Is tHe sAcReD DiSeAsE.
    Everything comes in circles ....... The old wheel turns, and the same spoke comes up. It's all been done before, and will be again.

  10. #10
    Amen !!!!
    If Democrats Had Any Brains, They'd Be Republicans

    Democrats - Brave enough to KILL our unborn, just NOT our ENEMIES!

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