Showing posts with label Taxes. Show all posts
Showing posts with label Taxes. Show all posts

Thursday, April 2, 2009

Uncertainty

Let me ask you a question, are you more likely to go out and make an impulse purchase if you know that the money that you make every month is going to stay the same or possibly increase or if you are you more likely to make an impulse purchase if you feared that next month your taxes might go up?

That's a rhetorical question obviously, we all know the answer that uncertainty is dangerous and causes people to sit on their money and remain status quo.

Companies do not make future plans to grown when they fear that a president, congress and senate who is hostile towards them are threatening to tax them into oblivion.
You can't on one hand say we love you big business and then with the other hand raise their taxes, fees and regulations so that they are uncertain as to what is going to happen next.

The new republican budget plan is outstanding because it introduces some certainty into the equation, rather than adding more uncertainty with the cap & trade, healthcare and energy policy changes that threaten to bankrupt the American consumer.

Say you are a democrat is this what you voted for?  Can you tell me with absolute certainty how much you are going to pay in taxes and fees next year (assuming your salary is the same)?

The republican budget/tax plans will add the certainty that we are all looking for.