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Pepsico, Inc. Message Board

  • dwb360 dwb360 Oct 10, 2012 8:47 PM Flag

    Vice presidential debate up next, Romney says ‘I’m not going to raise taxes on anyone’

    What is he going to do? He can't cut programs in the current economy without increasing unemployment and throwing the country back into a recession. He can't move towards a balanced budget without increasing taxes somewhere. He is not being realistic and will say anything to become president.

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    • Well my friend it is simple economics 101. When a president does not raise taxes but cuts loopholes it still indeed raises revenues. It gives the corporation or person certainty on what they will be paying in taxes, giving them confidence to go ahead and hire others. That will indeed lower the unemployment and bring in believe or not "MORE REVENUE." I recommend you go to a take a few business classes before you judge.

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