America shouldn't make a bad economic situation worse by voting for Barack Obama. His short political career in the Senate has been that of a tax and spend liberal. He believes it is government's role to redistribute wealth. He is calling for higher corporate taxes and capital gains taxes, keeping the bogus alternative minimum tax - which, since it was never indexed for inflation, hits more middle income taxpayers every year. Also, Obama is calling for the return of the death tax. I don't think government should profit from anyone's death.
Does Obama even know what a capital gains tax is? Because when he was talking to "Joe the Plumber," Obama said he was going to eliminate it for small business. All of his official policy statements say just the opposite.
Obama said, "I will reduce income taxes for 95 percent of Americans." How so? Since 40 percent of Americans don't pay income taxes, mathematically, that's wrong. But if he does reduce income taxes for the middle class, will that give them a net gain? No, because when he raises corporate taxes, more money goes to the government and less to employees, so there is less for salary increases, benefits or expansion and it kills jobs both from layoffs and from lack of capital to hire new people.