Sunday, September 18, 2011

Obama: Buffett Rule

Obama intends to raise taxes and wage class warfare.

Does he really think that taking people's money away and giving it to the government will improve the economy?

I'm not sure he wants the economy to improve.

Obama's main concern is getting reelected. I don't think he cares more about anything else.

Reelection is his top priority - whatever it takes to get another term.

From the Associated Press, via FOX News:

President Barack Obama is expected to seek a new base tax rate for the wealthy to ensure that millionaires pay at least at the same percentage as middle income taxpayers.

A White House official said the proposal would be included in the president's proposal for long term deficit reduction that he will announce Monday. The official spoke anonymously because the plan has not been officially announced.

Obama is going to call it the "Buffett Rule" for Warren Buffett, the billionaire investor who has complained that rich people like him pay a smaller share of their income in federal taxes than middle-class taxpayers.

...The measure would be in addition to $447 billion in new tax revenue that Obama is seeking to pay for his short-term spending and tax cutting plan to jump start the economy.

The "Buffett Rule."

Oh, good grief!


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1 comment:

Harvey Finkelstein said...

Obama needs another four years to really make an serious impact. He's going to say whatever he has to say to get reelected and then he will continue with the destruction.

Question is, are the voters of the USA so stupid that they will buy the lies the second time just like they did the first time?