Quote:You missed my point entirely.

 

Obama doesn't want to raise taxes on the people like the article state, because (no matter how much some people want to label them as such, corporations aren't people).  He wants to raise taxes on corporations.  (And even then not through executive power)  And if he can't, he wants to close loopholes -- what's wrong with closing loopholes?  If he finds a way to do it within his powers as President, then how is closing loopholes a bad thing?

 

 

Yes they are. They are everyday people like you and me that own STOCK in said corporation. And with Obama wanting to double the Capitol Gains Tax (It's in his budget proposal) That will take money away from everyday working people. Corporations will have to raise prices to cover the new "Tax" or lose profits. Profits that are paid to stockholders through dividends. The lower the profit, the less the dividends. And if Obama gets his way with the budget (capitol gains) that will mean less money flowing in to the economy and in to peoples savings.

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