Barry is rich
how much is he chipping in ???
I’m watching these debates and frankly I would refuse to vote until the democrats acknowledge some responsibility. Every freaking democrat who speaks lays the whole mess on the republicans despite the democrats not coming up with a budget when they ran the show.
The wealthy can afford to live and invest anywhere. Why would they stick around and get their pockets picked?
Rather than punishing the hard-working successful people why don’t we get some tax revenue from union, the 50% that pay no tax, wean slugs off the public programs,get a handle on wasteful spending, do some honest budgeting, hold agencies at no-growth budget, etc., etc., etc?
Yep. Obama will demagogue away about “draconian, failed” Republican “cuts” until the election... and the Stupid Party won’t even get any cuts until after 2012.
Tax the poor
They have no stake in the game. Make them pay
This deal does not lower taxes or lessen regulations that are strangling the economy.
It isn’t that the spending “cuts” didn’t work, its that they helped wreck a sputtering economy. Had we spent the money, the economy would be better, so it isn’t his fault.
When Barry produced his only budget, it had $1 Trillion deficits projected for 10 years with no reduction in sight.
About that time, someone looked at the IRS website and calculated that if the tax rate for all income over $75,000 was 100%, it would bring in $550 billion. This, of course, assumes that anyone making over $75,000 worked as diligently as they did before. (ha ha ha)
So, even if we tax the rich, and the upper middle class at a rate of 100% over the baseline of $75,000, we could not close the deficit.
This needs to be on billboards all across the USA.
Follow the....
http://www.campaignmoney.com/finance.asp?type=in&cycle=08&criteria=pritzker&fname=penny
Billionaire business mogul Penny Pritzker is a member of one of Americas richest families and was the Finance Chair for the presidential campaign of Barack Obama. It was Pritzker that led the prolific, and illegal, fundraising that helped power Barack Obamas presidential campaign. She was the chair of Chicago-based Superior Banks board for five years. Pritzker was into subprime lending before it became all the rage starting in around 2000. Prtizker's chairmanship was to concentrate on sub prime lending, principally on home mortgages, but for a while in subprime auto lending, too, after the Pritzkers' bank acquired its wholesale mortgage organization division, Alliance Funding, in December 1992. Superior Bank went belly up in 2001 with over $1 billion in insured and uninsured deposits; 1,406 depositors lost much of their life savings. This collapse came amid harsh criticism of how Superiors owners promoted sub-prime home mortgages. |
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