[Hoot Gibson]

the answer is not keep giving tax cuts to the rich because it does not work
general electric made a profit of 14 billion dollars last year and got a tax refund check 3 billion theres something wrong with that picture we have got the lowest tax rate since the 1950's fighting two war's and have over three hundred million people we have to have a fair tax system and cut spending and have to do something about the cost of health care

GE was one of Barack Obama's biggest supporters during the 2008 campaign. Obama could not have created his own network and received more favorable campaign coverage than what he got from GE's MSNBC network. Maybe Obama's cozy relationship with GE CEO Jeffrey Imelt had something to do with GE not paying any federal taxes. Immelt currently is a member of President Obama's Economic Recovery Advisory board.

Do you honestly think that raising the tax rate on rich people will make this nation more prosperous? Do you know that almost half of the adults in this country pay no federal income taxes and that people who rank in the top 1 percent of incomes already pay 38 percent of all US federal income taxes in this country and the top 5 percent pay nearly 58 percent of our federal tax bill?

Look at the state unemployment rates around the country and you can easily pick out the states that are controlled by Democrats. They are the states with the highest income tax rates and the highest unemployment rates - states like California, Illinois, Michigan, and New York. Companies and wealthy individuals are moving to states like Texas, Tennessee, and Florida where their own state governments do not see them as sheep ready for fleecing.

On a national level, companies are moving their money and jobs offshore for the same reasons that mass migrations of capital are occurring within our borders.

Raising tax rates when our unemployment rate is already above 9 percent is just plain dumb. We need to be figuring out how to lower the rates and convince the world that the United States is open for business again. We cannot afford to give liberal Democrats and socialists like Obama four more years to drive jobs overseas.