Barry "Almighty", vacillates between his repeatedly calling tax increases on the wealthy as being either an excellent way to bring down the debt on one hand or as a way to "spread the wealth around," or as an issue of "fairness", on the other. But one thing Barry seems to most vehemently deny is the fact that his proposal to imposed tax increases on the rich is actually an attempt to "redistribute wealth." "So these investments -- in things like education and research and health care -- they haven't been made as some grand scheme to redistribute wealth from one group to another," the president said recently at Florida Atlantic University. "This is not some socialist dream," Barry added, as he again recently called for tax increases on millionaires to pay for what he refers to as "investments." Hey, I've got an idea. How about we ask a few of those schmucks who are getting away without paying anything in the way of income taxes, to pony and help pay for those "investments" of Barry's?
Anyway, I'm sure we all remember when Barry advocated this same cockamamie "tax the rich" plan back in 2008, as being what he then described as his plan to "spread the wealth around". Remember him telling that fella by the name of Samuel Wurzelbacher, aka Joe the Plumber, "I’m gonna cut taxes a little bit more for the folks who are most in need and for the 5 percent of the folks who are doing very well – even though they’ve been working hard and I appreciate that – I just want to make sure they’re paying a little bit more in order to pay for those other tax cuts." The whole concept of raising taxes on anybody while nearly half of the population of this country now gets away with paying absolutely nothing, just doesn't make sense to me. If there is anything that is inherently unfair about out tax system, as Barry likes to so frequently say, it is that! By the way, "Joe the Plumber" is now running for Congress. Good for him!!
It was earlier this week that our "Dear Beloved Leader", Barry, similarly opposed "giving those tax breaks to folks like me who don't need them." Again, it was back in 2008, that Barry summarized his plan to make the tax code fairer by saying, "I think when you spread the wealth around, it’s good for everybody." Today, he specifically distanced himself from such a characterization of his position and, as has been his recent little habit, made a point of rejecting the "socialism" label. Me think he doest protect too much. Because this is but one more example of his calling what he's doing by another name. Because what he's trying to do here literally drips of socialism. In short: Barry is, as is his the rest of his team, very careful these day to avoid the "spread the wealth" phrase, but he defended the Buffett Rule by making the "spread the wealth" argument first made in 2008.
So look, Barry recently unveiled that which was laughingly referred to as being his budget for 2013, and it was soundly rejected in the House with it not receiving even one Democrat vote. His message was quite clear and the same old crap we've been hearing practically since day one, higher taxes on the rich, nearly 1.5 trillion dollars higher. Barry, being his ever transparent self, continues to make the claim that he hopes this plan will ultimately lead to deficit reductions over the next 10 years. Now I would hope that most of rational thinking folks would have by now come to the realization that increasing taxes is not a long-term solution to our ongoing economic woes. And as much as Barry and the Democrats are opposed to such an idea, what we need to focus on is reducing the current amount of spending, which is far more likely to yield a stronger and more sustainable economy. But that does not seem to be their priority.
That being said, I'm not the least bit surprised by Barry’s most recent budget proposal because it plays to the tune of his party’s continuing rhetoric perfectly. That is, the plan implies that the wealthier part of the country should shoulder even more of the financial burden than it already does. However, contrary to popular belief, the upper 1 percent of the population (in terms of yearly income) pay on average 24.01 percent in taxes per year, compared to the bottom 50 percent, who pay just 1.85 percent on average. I cannot say whether the financial elite can afford the increase in taxes Barry is suggesting, but I am sure Barry cannot speak for everyone who would be affected by this tax increase either. I’m speaking purely from an outsider’s perspective, but it seems clear to me that the rich already pay more than their fair share in taxes while millions of Americans pay far less than theirs. Everyone needs to being something.
I think it quite safe to assume that Barry is far from being serious about solving the deficit problem that we have in this country. Because if he were he would have on day one, begun spending more time and effort on considering how to decrease the amount the federal government spends every year. It should be obvious to even the most casual of observers that our current predicament has come about because the government has gotten into the habit of spending far more than it brings in, and that's no matter how much it actually brings in. If Barry has his way and taxes on the rich do increase, we shouldn't be surprised to see the government finding an opportunity to spend 1.5 times the increase on something “we desperately need.” It is like a child who is given a weekly allowance of spending money – inevitably he or she always needs two dollars more than what they were given or the parents are accused of being unfair.
Eventually the parents relinquish and just increase the allowance by two dollars, but that doesn’t fix the problem; it just costs the parents two more dollars. That is exactly what the net result of Barry’s plan will be, nothing more than an increased burden on the American people and Barry directs more money to the parasitic constituencies of the Democrat Party. I know this is more than wishful thinking on my part, but instead of raising taxes, Barry needs to realize that America cannot just buy anything it wants anymore. That includes universal healthcare, inefficient “green” energy sources, and anything else that has just become political rhetoric used by politicians to pretend they are doing what is best for the country. As hard as it is to say no to projects that could potentially have a huge impact on future generations, it is not worth it if those future generations won’t be able to enjoy it because there will be no credit left to continue our false reality.
Anyway, I'm sure we all remember when Barry advocated this same cockamamie "tax the rich" plan back in 2008, as being what he then described as his plan to "spread the wealth around". Remember him telling that fella by the name of Samuel Wurzelbacher, aka Joe the Plumber, "I’m gonna cut taxes a little bit more for the folks who are most in need and for the 5 percent of the folks who are doing very well – even though they’ve been working hard and I appreciate that – I just want to make sure they’re paying a little bit more in order to pay for those other tax cuts." The whole concept of raising taxes on anybody while nearly half of the population of this country now gets away with paying absolutely nothing, just doesn't make sense to me. If there is anything that is inherently unfair about out tax system, as Barry likes to so frequently say, it is that! By the way, "Joe the Plumber" is now running for Congress. Good for him!!
It was earlier this week that our "Dear Beloved Leader", Barry, similarly opposed "giving those tax breaks to folks like me who don't need them." Again, it was back in 2008, that Barry summarized his plan to make the tax code fairer by saying, "I think when you spread the wealth around, it’s good for everybody." Today, he specifically distanced himself from such a characterization of his position and, as has been his recent little habit, made a point of rejecting the "socialism" label. Me think he doest protect too much. Because this is but one more example of his calling what he's doing by another name. Because what he's trying to do here literally drips of socialism. In short: Barry is, as is his the rest of his team, very careful these day to avoid the "spread the wealth" phrase, but he defended the Buffett Rule by making the "spread the wealth" argument first made in 2008.
So look, Barry recently unveiled that which was laughingly referred to as being his budget for 2013, and it was soundly rejected in the House with it not receiving even one Democrat vote. His message was quite clear and the same old crap we've been hearing practically since day one, higher taxes on the rich, nearly 1.5 trillion dollars higher. Barry, being his ever transparent self, continues to make the claim that he hopes this plan will ultimately lead to deficit reductions over the next 10 years. Now I would hope that most of rational thinking folks would have by now come to the realization that increasing taxes is not a long-term solution to our ongoing economic woes. And as much as Barry and the Democrats are opposed to such an idea, what we need to focus on is reducing the current amount of spending, which is far more likely to yield a stronger and more sustainable economy. But that does not seem to be their priority.
That being said, I'm not the least bit surprised by Barry’s most recent budget proposal because it plays to the tune of his party’s continuing rhetoric perfectly. That is, the plan implies that the wealthier part of the country should shoulder even more of the financial burden than it already does. However, contrary to popular belief, the upper 1 percent of the population (in terms of yearly income) pay on average 24.01 percent in taxes per year, compared to the bottom 50 percent, who pay just 1.85 percent on average. I cannot say whether the financial elite can afford the increase in taxes Barry is suggesting, but I am sure Barry cannot speak for everyone who would be affected by this tax increase either. I’m speaking purely from an outsider’s perspective, but it seems clear to me that the rich already pay more than their fair share in taxes while millions of Americans pay far less than theirs. Everyone needs to being something.
I think it quite safe to assume that Barry is far from being serious about solving the deficit problem that we have in this country. Because if he were he would have on day one, begun spending more time and effort on considering how to decrease the amount the federal government spends every year. It should be obvious to even the most casual of observers that our current predicament has come about because the government has gotten into the habit of spending far more than it brings in, and that's no matter how much it actually brings in. If Barry has his way and taxes on the rich do increase, we shouldn't be surprised to see the government finding an opportunity to spend 1.5 times the increase on something “we desperately need.” It is like a child who is given a weekly allowance of spending money – inevitably he or she always needs two dollars more than what they were given or the parents are accused of being unfair.
Eventually the parents relinquish and just increase the allowance by two dollars, but that doesn’t fix the problem; it just costs the parents two more dollars. That is exactly what the net result of Barry’s plan will be, nothing more than an increased burden on the American people and Barry directs more money to the parasitic constituencies of the Democrat Party. I know this is more than wishful thinking on my part, but instead of raising taxes, Barry needs to realize that America cannot just buy anything it wants anymore. That includes universal healthcare, inefficient “green” energy sources, and anything else that has just become political rhetoric used by politicians to pretend they are doing what is best for the country. As hard as it is to say no to projects that could potentially have a huge impact on future generations, it is not worth it if those future generations won’t be able to enjoy it because there will be no credit left to continue our false reality.
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