Posted on 02/12/2010 3:03:58 AM PST by Scanian
Remember Joe the Plumber?
He was the blue-collar dude who confronted Barack Obama late in the 2008 campaign with this challenge: "Your new tax plan's going to tax me more, isn't it?"
Nonsense, replied the candidate: "From 250 [thousand dollars a year] down, your taxes are going to stay the same."
Indeed, he insisted, 95 percent of "working people" would see their taxes go down in his administration.
Well, think again.
A year into his presidency, Obama now says he's "agnostic" on what was the principal plank in his economic platform: No tax hikes for individuals making $200,000 a year or less -- or for households with a combined annual income under $250,000.
(Excerpt) Read more at nypost.com ...
Remember Joe the Plumber?
^
Yeah, it took that long before McCain thought about discussing economics, 3 weeks before the election, Republicans are still trying to emulate his campaign when everyone of them should be out blasting Democrats early 2010...
Remember Joe the Plumber?
^
The uninformed voter who didn’t know who he was going to vote for 3 weeks before the election...
Most of his supporters don’t pay federal incomes taxes anyway and that is why his tax the rich rhetoric is so appealing to his followers.
There is a simple solution to that. Modify the AMT so that everyone must pay the higher of either their current tax structure or 10% tax with no deductions or credits.
Do you believe snowballs populate hell?
Read my lips...no new taxes...
What I'm getting at is that the damage done by "taxing the rich" always affects the lower rungs of the tax rolls anyway. Call them unintended consequences. The fact that Obama has become an "agnostic" about tax increases on middle Americans, and that NOW we should begin to worry displays a profound ignorance of economics in this country. Look at the unemployment that targeting the "rich" has already wrought.
The best posture to take for tax policy? Begin taking the boot off the necks of those who "make more than $250k"- the "rich", so that capital formation and risk taking can begin again, this is how you help the "little guy".
Yet another promise with an expiration date. How many does that make now? I can’t keep up.
If Duh’bumba’s lips were flapping, he was lying.
When this country was founded only LANDOWNERS could vote.
All these welfare garbage would be left out in the cold where they belong.
February 11, fellow freepers. Remember it. 2/11 is the day the tide turned hard in our favor. It’s the day 0bama exposed TWO flanks (pardon the visual). Among the news items: Cell phone users were said to have no reasonable expectation of privacy, and that no-tax promise was swept under the table.
These two matters have dropped like the flaps of a trap door under him, and he did it all by himself.
While you’re remembering 2/11...Sarah Palin had a birthday! :)
“When this country was founded only LANDOWNERS could vote.”
We have gradually slipped towards ‘mob rule’, as the vote has been extended to people who 1. don’t own property, 2. are recieving government handouts, 3. Are young and dumb.
Also, most people in this country are no longer under the impression that states elect presidents. Rather, they think it is and should be a popular election (ie the clamour over Al getting more of the popular vote than Bush).
Our schools have been very unhelpful as well - and the majority of Americans have no idea how different our system has become, when compared to the original intent.
But how do we get back? Would a politician dare suggest that people on welfare should not get to vote? Its actually still moving in the other direction, with movements to get felons back on the voting roles. Its a horse has already left the barn situation.
This is the best thing that can happen for us. This seals the political doom of the flimsy flyweight.
“he kept every promise he intended to keep”
IBD quoted bamma saying that no one under $250k would get ANY FORM of tax increase - payroll, income, or capital gain.
Well, what happens when capgains LT tax goes from 15% to 20%?
Not a tax increase, bammy?
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