Sunday, May 18, 2008

Wealth Warning 2008: Obama

Your wealth is at risk if Sen. Obama wins the presidential election in November.
Why? I will give you four reasons:
1) Obama will raise the capital gains tax, when it needs to be eliminated.
2) Obama will let the Bush tax cuts expire.
3) Obama will side with trial lawyers and not with US corporations.
4) Obama will raise corporate rates. Our corporate tax rates are the second highest in the world. If you want the US to be competitive against The UK, India, China, and Japan, raising corporate rates is a stupid idea.
I'm not going to mention Obama's view of what caused the Great Depression. What the hell are they teaching at Harvard these days?
Also, I am sure Obama will pressure American teenage students to seek government jobs rather than careers as an entrepreneurs.
America's entrepreneurial spirit needs a boost, not several kicks in the groin.
FIU endorses John McCain for president.

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