Posted on 09/19/2010 5:21:15 AM PDT by The Raven
During his recent speech in Ohio, President Obama made it clear his administration will soon raise taxes on those in the top marginal income tax bracket. While not surprising given the administrations penchant for redistribution, the manner in which President Obama made his declaration brings cause for concern: This isnt to punish folks who are better off its because we cant afford the $700 billion price tag. Not only will such tax-the-rich policy hamper U.S. economic growth, principally among small businesses, but the statement itself is a clear indictment of the presidents broader philosophical belief: Earned income is the Governments, not the Peoples.
(Excerpt) Read more at thebulletin.us ...
Barb Streisand and Oprah have oodles of money.......
Backwards. THe Communists believe all property and money is theirs. What you are allowed to keep is a ‘cost’.
how much of their own money has the obama’s spread around?
NOT THE GOVERNMENT
They've spread some around to those who sell lobster dinners, kobe beef, lavish mediterranian vacations and expensive golf clubs.
He’s darin’ us...double dog dare...
Our government is out of control. Feeding the beast of beauracracy has become more important to them, then your rights and the health of the country. I pray that the majority of Americans can see the lie and take the necessary action to reverse the direction these power hungry, greedy, non-contributing so-called elites are taking us. I completely reject the notion that the government has the right to the wealthy’s money. What about “We the People’s” rights? Are they now trumped by one man’s opinion because he wants to redistribute your wealth based on his view of who should and who should not have. That is not my America!
Obama is the CEO of a Kakistocracy.
The Fedgov is reaching deep into everyones pockets to get the money they need to stay in power. They disguise the payoffs to their political sugar daddies as stimulus funds and bailouts. And it will not stop until there’s no more money to take...a point we are rapidly approaching. So now the game is to see who’s left holding the bag when it all tumbles down.
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Call the 'double dog' dog catcher...
If there were ever an enemy of prosperity and opportunity for the middle class, it is the Marxist Barack Hussein Obama.
He is a menace to our nation and damn near everyone living here.
Obama bamboozled millions... gave them the old 'okee doke.' What a moron. He can have as extreme a views as he wants. But he can't transfer them and remake America with them.
Time to end the experiment brought on by the piss-steam media and the Bush derangement crowd.
The proof they believe this so is in the O’care and FinReg bills. 1099’s to all payees at $600 or greater, govt. monitoring of private transaction accounts so they watch how u spend it. They want to be in charge of EVERYTHING we do. Libtards used to be all about avoiding big brother, now they are big brother.
The only difference in this case between the government and a thief is that the thief has no rationale for his crime.
In totalitarian communism the government must contain and control the masses. Like the example of the Iron curtain. Here in America the Communists have finally gained control of the Democrat Party. They are building what I call ‘Legal Walls’ Laws and regulations similar in nature to the Berlin Wall.. Mr. Obama..Tear down these walls!
Eat the rich. nobama is such a putz. Just how is it that nobama has such tyrannical powers? Could it be that the DIMs/LIBs are in complete agreement? NOV 2 can’t get here soon enough. In the meantime talk to everyone. Organize and get out the vote.
Notice the Boom Times in Washington. The elite government employees are getting richer while we are getting poorer. The new Rich are government employees. Well hell. Lets tax the rich. How bout a 100% tax on all government employees who earn more than a private sector employee doing the same type of job. Private sector workers are being discriminated against. As the Private sector unemployment goes up the government should be forced to lay off the equal percentage of government workers. And equal pay should be instituted. Mr. Obama! Tear down these walls.
make “the rich” poorer by yet another govt action
Then Austan Goolsbee and Timmy Geithner “may” or “may not” collect more tax - for one year
when people are poorer.. .even “rich people” .... they pay less tax and also spend and invest less to grow the economy that spins off tax payments ...
d’oh
Someone quick- nominate me for a Nobel in economics
At first I thought it said “...whitey’s money”
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