Marketing Research Blog

Have we gotten to the stage of moral corruption in this nation of ours when evil is seen as good? To this simple man of the soil, it certainly looks that way with some of the cabinet appointments made by the current administration.

It certainly appears that appointing Timothy Geithner to be our Secretary of the Treasurer isn’t a lot different than putting the fox in charge of the chicken house. He knowingly failed to pay taxes for several years in a row while working for IMF.

Not good! 

Sorry folks–it won’t just be the “fat cats” who will get their taxes increased. Every one who pays income tax now will get their tax increased. But how could that be? One candidate and all of his surrogates keep telling that 95% of the people will get a tax decrease.How could those people get their taxes increased–or at least those people who now actually pay some income tax?

The explanation is quite simple. It’s much the same as Clinton’s “It depends upon what the meaning of the word ‘is’ is.” In this case, it means that rescinding Bush’s tax cuts (or letting them expire)  doesn’t count as a tax increase even though every single person that pay taxes will end up paying more taxes.But the net result is that everyone will get an increase in their income taxes, not just the ‘fat cat’ who, incidentally, are the very ones who create jobs. Sadly, this will result in fewer jobs available and less jobs created.When you vote on November 4th for the next President of the United States (POTUS), think about whether the so-called “tax decrease for 95% of the people” will result in more jobs for the 95% or fewer jobs.