Planning on taxing income that will not exist. Idiots.
These discussions drive me nuts! First, why doesn’t anyone ever ask Obama why less money going to the government is a cost? Whose money is it, anyway? The idea that tax cuts are a cost to the government assumes that all wealth belongs to the state and we ought to be grateful when they let folks keep some of what rightfully belongs to them.
Second, why is the fact that someone has a lot of money make it morally right to take that wealth from them and give it to someone else?
Finally, and I really don’t understand why this is never mentioned, what about all the money that is lost through waste and fraud? That amounts to billions of dollars every year! HUD, Medicare and Medicaid, and every other government program is ripe for the picking. Also, does the GSA really need another expensive vacation at our expense?
Once we accept the premises of the left that we need more revenue and not less spending, we have already lost the battle.
This is awesome. This will provide me will lots of entertainment. First, Obama will collapse the economy further, and I can enjoy the takers screams, as the collapse will hurt them more than it will me. Second, I can enjoy the screams from those who stayed home in 2012 for reasons of political purity. Great, you didn’t vote Romney, maybe you even voted Gary Johnson. Good move, how’s that tax increase working for you?
Its more looting...revenue is up 26%..they need to cut spending
"Even if you include interest savings, 60% of the debt reduction comes from tax hikes. Obama is making the exact mistake Europe is making by employing a tax-hike heavy version of fiscal austerity."
The same Eurozone that just fell into its second recession since 2009 today...
The sum substance of Obama’s budget plan has always been his ideological, get even with the successful for making me feel inferior tax the rich scheme - watched a roundtable of CEO’s on Bloomberg last night - one had served on the Simpson-Bowles commission - he said they had run some what-ifs and found they’d have to raise taxes on everyone making down to $30,000.00 a year in order to make a dent in the debt - everyone wants to tax “the rich” until that category gets down to them......