Saturday, November 6, 2010

Obama doesn't think "we" can afford to let you keep your own money

Almost all federal income taxpaying Americans will experience a tax hike if Democrats bock extending the Bush tax cuts. In a clear signal he does not get the message sent by voters on November 2nd, President Obama thinks your paycheck really belongs to the government and "we" can't afford to let you keep so much of it.
But at a time when we are going to ask folks across the board to make such difficult sacrifices, I don’t see how we can afford to borrow an additional $700 billion from other countries to make all the Bush tax cuts permanent, even for the wealthiest 2 percent of Americans. We’d be digging ourselves into an even deeper fiscal hole and passing the burden on to our children.

1 comment:

Anonymous said...

Not only did he refuse the message from voters on Nov 2, he simply is not capable (evidently) of understanding the basics of ECON 101: lower the taxes for EVERYONE, including those "mean evil rich people" (e.g. above $250K income per year) and those same "mean evil rich people" will produce the jobs he is looking to create-- someone MUST create the wealth necessary to fund job creation-- the government cannot create wealth, it can only take from it-- therefore, who's left on the board that's capable of creating that necessary wealth? You got it: THE WEALTHY! A+!