Posted on 12/13/2012 4:12:47 AM PST by IBD editorial writer
In an interview with Fox News host Bill O´Reilly last year, President Obama claimed he "didn´t raise taxes once." O´Reilly didn´t challenge the claim, and other reporters repeated it as fact. But it was completely false.
By the time he went on O´Reilly´s show, Obama had signed more than 20 tax hikes into law with a combined 10-year price tag of more than $500 billion. However, since most of these taxes targeted relatively small and unpopular groups smokers, tanning salons, insurance companies, the rich few seemed to notice.
Indeed, a review of the tax hikes Obama has enacted or proposed finds that most follow the same pattern: Pick out distinct groups that people generally don't like and hit them with special tax punishments.
(Excerpt) Read more at news.investors.com ...
O’Reilly is a RINO blowhard and anti-2A. I stopped watching him years ago.
Bump
A putz.
A $1.00 per pack on smokes as soon as he got in office.
It wont work once those taxes go up and Republicans can blame everything that goes wrong including hurricanes on those tax increases.
But up till now it made a pretty good sounding scapegoat, especially for his re-election,
Think Iraq 2005 to 2007. Dems got voters to blame everything on Bush-Iraq : "We were lied to"
We will be the new Russian Kulaks, or German Jews.
Yes, they understand how effective scapegoating can be as a diversionary strategy while enacting socialist rule by decree.
They begin to destroy an economy with socialist policies and crony “capitalism,” then blame it all on the Evil Rich, who refuse to Pay Their Fair Share.
Classic. We are being set up as the next Kulaks.
They wouldnt be so successful if you they didnt have Republicans in DC that help :
“...destroy an economy with socialist policies and crony capitalism, while cutting taxes on the Evil Rich”
when they get power (the WH especially). That would be Romney for sure.
Perfect set-up.
No, it is going to succeed even beyond his wildest dreams. Because a clear majority in this country is selfish. And stupid.
Actually, last night he was showing a bit of backbone. Maybe he has given up on getting another interview with the Dear Leader.
No, it is going to succeed even beyond his wildest dreams. Because a clear majority in this country is selfish. And stupid.
And doesn’t realize that raising taxes on the “ rich” will result in those increases
from small businesses being passed onto them as consumers....
The Real Fat Cats
By Victor Davis Hanson
December 13, 2012 12:00 A.M.
Who exactly were the rich who, as the president said, were not paying their fair share? The rapper Jay-Z (net worth: nearly $500 million)? The actor Johnny Depp (2011 income: $50 million)? Neither seems to have heard the presidents earlier warning that at a certain point youve made enough money.
Could both zillionaires simply have quit making money at $10 million and thereby given their poorer audiences a break on ticket prices?
With all the talk of raising taxes on the supposedly conservative rich who make more than $250,000 per year, why not levy a $3 surcharge on tickets for movies, concerts, and sporting events to spread the wealth from multimillionaires? That way, LeBron James (approximate annual earnings: $53 million) or Oliver Stone (net worth: approximately $50 million) might at last begin to level the playing field.
Is Michael Moore (net worth: approximately $50 million) a one-tenth-of-one-percenter? If so, why do mansion-living-grandee movie directors like Moore and Stone need state subsidies and tax breaks to produce their films, when most states are nearly as insolvent as the federal government?
Warren Buffett likewise did not heed the presidents advice that after 2008 it was not the time to profit. Did he pay any attention to Obamas additional warning that, if you own a business, you didnt build that? Apparently not.
http://www.nationalreview.com/blogs/print/335494
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