Google Custom Search

Thursday, October 16, 2008

A Few Quick Notes on 'Joe the Plumber'

'Joe the Plumber,' as he is called, is Joe Wurzelbacher of Ohio, who has worked for a plumbing company for a number of years. Joe wishes to buy the small plumbing company.

But Joe discovered that Barack Obama's tax plan for small business will put him a much higher tax bracket, thus punishing him for any success he may have with his business.

Here are a few quick facts on 'Joe the Plumber':

*Joe is not rich as Barack Obama claims. He is an ordinary guy--a hard worker--who wants to succeed.

*Becoming a small business owner will not make Joe rich. His expenses for operating the business and providing jobs will cut into whatever profit he makes.

*Barack Obama wishes to tax that profit if it reaches the $250,000 level. For a small business with employees, $250,000 is not a vast sum of money.

*Barack Obama had an encounter with Joe in Ohio during which Joe told the Senator that his tax plan would hurt him if he becomes a business owner. And how did Barack respond? 'We have to spread the wealth around.' What wealth?

*It is clear that what Obama intends to do is rob from those who succeed to give to other citizens of his choosing. This takes away any motivation to succeed.

*It is also clear that Obama's tax plan is not simply targeted to the 'big oil companies and corporations.' He has also targeted small businesses that barely make it.

*The present economy cannot withstand such an onslaught on those who create jobs. The result will be layoffs and less hiring in the small businesses that employ 80% of Americans. Some of these businesses will be forced to close.

*Barack Obama and the Democrats are now blasting Joe the Plumber for being 'selfish.' Selfish? It is HIS CAPITAL that will provide JOBS! What lamebrains.

Say what you will about John McCain's less-than-stellar moments during his long Senate career. But on taxes, he is no Socialist who will rob business owners to give to somebody else.

No comments: