Yep. The taxing has gotten to the point where the commies are calling those who make $250K/yr "millionaires and billionaires."
What's it going to be next time their parasitic base gets hungry? Will those making $50K be the new millionaires and billionaires? Because there won't be any other "rich" boogieman left to demonize.
This is what they did to tobacco. First, a modest tax. Then, a bigger tax. Then, another tax. Then, corporate extortion, but they weren't done yet. They had one more card. They hit the smoker up through Obomcare. They've milked that boogieman dry.
SO.......now they move on to pot. Three joints have as much poisonous carcinogens as an entire pack of cigarettes, yet for some reason health no longer matters. Gee. Why is that?
Tax. First, there will be a modest tax. Then, a higher tax. Maybe another tax. Then, corporate extortion. After that, extra fees for health care costs. Eventually, they'll milk the pot industry dry, too.
I wonder what the next boogieman gold mine will be. They're setting the stage for sugar, too, so that might be the next "evil" $$$$ cash cow.
The freeloaders gotta eat somehow, right? The politicians have to steal the money from someone somewhere.
Exactly. Once u go after one group, it is easier to go after the rest.
How many people do you know who consistently make more than $250,000 a year, and have not yet amassed one million dollars worth of assets?
I agree that Obama keeps lying about what he wants, and people are generally deceived by him into thinking he is talking about those who EARN one million a year; but the phrase “millionaire” refers to how much money you have, not how much money you make.
For example, Joe Biden is a millionaire, even though his earnings are in the $250,000 range. Obama is a millionaire, even though he also does not make one million in a year.
The true falsity of Obama’s statement is that he does NOTHING to tax people who are “millionaires and billionaires”; Warren Buffet will be able to pretty much pay no taxes next year, if he so chose, simply by not making realizable capital gains, and avoiding interest and dividend earnings, and hiding whatever income he has in trusts and charitable foundations. He won’t, but Buffet isn’t all that concerned about what the top INCOME TAX rate is, because he hasn’t “earned” over $250,000 in income for a while now, since all his “earnings” are investment-style.
If Obama truly wanted to get billionaires to pay their fair share, we’d have a one-time 10% wealth tax — take 10% of everything people who own more than a billion dollars of assets own. I don’t think that would be a GOOD idea, but we’d be targeting “millionaires and billionaires”.
In truth, that whole phrase is simply the most base deployment of class warfare — no different really than the rhetoric of Bane from the latest Batman movie, or the shrill violent voices of the occupy wallstreet folks.
Of course, I can guarantee you that Obama and his family will NEVER be without expensive armed guard protection from the rabble he stirs up against those who earn and save.