Barack Obama's Tax on Corporations

Barack Obama talks about adding pressure to corporations by increasing their tax burden. His rationale - corporations get too many tax breaks while the middle and lower classes do not get enough. Sounds great, right? This is music to people like me struggling to pay bills, living from paycheck to paycheck. But people like me can easily miss what is wrong with this stance.

Business get tax breaks, use credits to buy equipment, expand business and hire workers - you and me. Now, you increase the tax burden on businesses and what happens? Businesses cut back on buying equipment, cut back on expanding and, fire you and me. Is this a good plan? This is what Barack Obama proposes.

It is a proven fact: the less money you have to spend, the less you spend. You could borrow, but that comes back to bite you - really bad.

Can someone tell Barack Obama that the more you tax businesses the less they spend and the more likely it is that you and I will not have jobs.