I think that we definitely should get the idea out that McCain's idea that 11% business tax and low business taxes in general means economic prosperity. Of course, too much business tax is a burden also. What that magic business tax percentage is for maximum economic growth is a mystery and that percentage may vary with the economic circumstances. Low business taxes may lead to Texas cowboy style, ill-planned business adventures that quickly collapse.
As far as the debate, I was also not disappointed by McCain overarching strategy for dealing with the other countries of the world. This strategy can be summarized in three word: WAR, WAR and WAR. He repeatedly alluded to or directly advocated war and the military action for dealing with world affairs...that is definitely the Bush philosophy and a Republican Party philosophy, which Harper's magazine and other magazines have been claiming for years. Killing people may be fun; however, many people are not willing work hard to create and build a business if that business can easily be taken from them for the war and the builder of that business may get killed in the process IF the war is in their country. Jason On Sep 27, 9:07 am, Clogtowner <[EMAIL PROTECTED]> wrote: > Hi y'all - I forced myself to sit through most of the debate last > night. Did anyone notice the great gaff made by McCain and not pounced > on by Obama? I'll explain. > Early in the debate on the bailout, McCain made the point that US > businesses are taxed at 35% while Irish businesses are only taxed at > 11% which creates more jobs and a booming economy. In rebuttal, Obama > responded that there are many loopholes in the US tax system which > means that US businesses in fact pay little tax. > Had they both been politically current this info was > available....................:http://www.guardian.co.uk/world/2008/sep/26/ireland.globaleconomy --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Memphis Freethought Alliance" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/memphisfreethoughtalliance?hl=en -~----------~----~----~----~------~----~------~--~---
