in the best Reagan voice...
“well there you go again, tax....and...spend”
“let the market work, however way itÂs going to work, and then just tax the heck out of people at the end and just redistribute it, Obama”
Fine, Obama.
Then tax the hell out of Teresa Heinz Kerry's $500 million WEALTH.
The truly wealthy "at the end" do not pay a single dollar in Federal tax on their wealth. Only INCOME is taxed.
The Federal Government taxes incomes and taxing the hell out of small business owners trying to create a small business where they can make $300,000 per year while allowing Teresa Heinz Kerry to sit on $500 million of wealth and allowing Warren Buffet to sit on billions of dollars of wealth without taxing that wealth keeps the wealthy wealthy and keeps small businessmen from ever becoming wealthy.
Let me tell you how it will be;
There’s one for you, nineteen for me.
‘Cause Im Obama,
Yeah, Im Obama.
Should five per cent appear too small,
Be thankful I don’t take it all.
‘Cause Im Obama,
Yeah, Im Obama.
If you drive a car - Ill tax the street
If you try to sit - Ill tax your seat
If you get too cold - Ill tax the heat
If you take a walk - I’ll tax your feet
Obama!
‘Cause Im Obama,
Yeah, Im Obama.
Don’t ask me what I want it for
If you don’t want to pay some more
‘Cause Im Obama,
Yeah, Im Obama.
Now my advice for those who die
I’ll take it all and tell you lies
‘Cause Im Obama,
Yeah, Im Obama.
And you’re working for no one but me
(Obama)
"then just tax the heck out of people at the end and just redistribute it, Obama said."
That's the problem with taking things out of context.
This gives obama a bit of an out, but still, he did say there was some merit to Buffet's argument. What part of the argument has merit?
I don’t know how much plainer you can be. The supporters of Obama will find out soon enough he has no intention of redistributing the wealth to them. It will be redistributed to his friends and especially Islam.
******
Warren Buffetts name is synonmous with Wall Street and big business, but his political views are closer to socialism than free-market capitalism.
Buffett is a registered Democrat.
His activism for Democrat and far-left causes is well known:
He has called for unilateral nuclear disarmament and has donated heavily to this cause.
He actively backed Hillary Clinton's bid for the U.S. Senate and helped her raise money.
In May, Buffett wrote an op-ed piece in the Washington Post criticizing President Bushs proposed cut in the dividend tax as a change that would benefit the rich.
Forbes' prediction came true Friday, when Buffett told the Wall Street Journal that property taxes in California are too low and suggested that Prop. 13 ought to be undone.
Buffett cited the inequity of property taxes he pays on his homes in Omaha, Neb., and Laguna Beach, Calif., and said the California cap on property taxes imposed by Prop. 13 "makes no sense."
In providing financial support to Hillary Clinton, he said he felt in sync with her pro-abortion views and her support of campaign finance "reform."
******
He was an adviser to Schwarzenegger in California. How is that state's financial problems working out?!
At the end of what? The end of the market? Doesn't the market essentially run 24/7/365? At the end of the economy? Does the economy have a beginning and an end? At the end of the year? The end of the week?
I don't care how much money Warren Buffet has made this is so stupid any kid that has run a lemonade stand would scoff at it.
"Look, kid, this is how it works. We will wait until you have sold all of your lemonade and then take half of the money. You'll still have half the money you made, which is more than you started with, so you should be happy. We will give the other half to all the kids who stayed inside playing video games. You don't want them to feel bad because you have a big pile of money and they don't do you?" - 0bama
Obama forgot to mention that there would be a skim for the democrats.
Gates, his software is crap.
Jack Welch, many middle aged white guys on Prozac because of his "Rack-um-Stack-um" performance reviews.
Buffett is a vulture who used the Death Tax as a stepping stone.
If this is what he is using as his brain trust, I'll take the brain of "Abbey Normal" in "Young Frankenstein"....
just damn!
“and then just tax the heck out of people at the end and just redistribute it, Obama said. That way youre not impeding efficiency, and youre achieving equity on the back end.”
I’m sorry to say this, but I think most people agree with him. Too many have become to used to living off tax dollars and they just want more.
Another WAKE UP call.....
I've seen this comment before, and I obviously don't have the special Obama glasses needed to understand it, because it just reads like idiotic babble to me.
In what way is "taxing the heck out of people" not "meddling in the economy"? How is it "letting the market work"? Is he seriously too stupid to understand the upstream economic implications of "taxing the heck out of people"?
I read here yesterday that the cumulative effect of his tax policies will push the top marginal rate to 60%. That ought to be great for job creation and investment! /s
We may find that, if His Highness The Lord Obama wins, his economic stupidity causes the economy to tank to such a degree that he is a hated and despised man before his first term is even half over.
Remember Hiallary said it first.
We must tell everyone we know.
Now if only McCain had the sense to use this info.