McCain keeps saying...

I am the owner of two businesses and here is how it works. I only have a certain amount of money to hire employees. If my taxes go down, I have more more money to hire more people or give my current employees more money/benefits. If my taxes go up, I can't afford to give my employees benefits such as health care. If my taxes continue to go up, than I must fire some of my employees and if they go up to the levels that Mr Obama wants them at, than I lose more employees and don't have enough people to do the work and I have to drop some of my accounts and maybe some company vehicles and machines. I live this reality every day. I can't afford Barak Obama.

Maybe he is referring to lower taxes on businesses. The idea is that if businesses have to pay less taxes they will have more money to pay employees,and can afford the extra help they need. Or maybe he's thinking that if tax payers in general pay less taxes, they'll have more money to spend on products, and goods, causing the need for more jobs.

When companies put a price tag on their products and services they first figure out their total out of pocket expenses... however also the stock market and greedy investors also have a part in cost on the store shelves. When you have high taxes that tax is passed on to the consumers. As it is today we have the second highest tax rate on corperations. When taxes are high on companies they tend to rely more on outsourcing to offset the cost, which leads to sending employment opportunities overseas instead of in the U.S. Many of our companies in the U.S. have branches in other countries due to the high taxes in the U.S. already and can move more of their business out of the U.S at any point in time, and really who could blame them if it is more cost effective and they can make more of a profit in other countries. With lower taxes companies could employ more and also provide better benefits for their employees. 5% of American taxpayers support the majority of our whole economy. The bottom 40% does not pay income taxes at all. Obama's theory would only work if government is providing all the employment, since he wishes to raise taxes on that 5% that is already carrying this country that have the ability to up and leave us. All to provide a check to those in the 40 percentile who do not pay taxes at all right now. When you lower taxes you give the power to the people to grow and build business and employment opportunities. The more our government grows the more trouble the average American has in making ends meet.

McCain's theory, which has been tried before and failed, is that by lowering taxes on business and giving them other financial incentives, they will grow their business and employ more people. The problem with this theory is that, in this already tough economic climate, it's the citizens of this country who need a tax break, not businesses. Giving breaks and incentives to business does not chance the fact that consumption is down, people cannot afford to spend money and that the customer base will not grow so there is no reason why business would grow.