Taxing the rich is a policy that will fail quickly.
They didn’t get to be rich by being stupid sheep.
The herd will bolt and revenues will decrease.
Can you say depression?
Kaslin, I apoligize for not reading the article. I just can’t stomach what Obama has to say anymore.
having said that, I’ll say this. When was the last time you’ve heard “we have a deal.” and actually ever seen the budget cuts enacted? Fact is, the tax increases always get etched in stone and enacted, yet cuts fall by the wayside and NEVER HAPPEN
Sorry, I’ve lost faith in all of them left and right.
Even if we go over the cliff, the cuts will never happen.
Of course we all understand that now “the rich” means anyone with a job.
Tax the rich eh....and just how well did that work out for the new French president....?
Obama’s commandment: Thou shall covet the money of anybody who makes over $250,000 a year.
Absolutely satanic and I hear no ministers sounding this alarm.
I think Boener should propose high taxes on things like windfall profits on blockbuster movies. Take the battle to them and let them squeal about their sacred cows getting slaughtered.
AND THEN WHAT. When that does NOT help at all, then what ?
I would also like to see campaign finance law chaged to classify celebraty endorsements as contributions. If Barbara Streisnd wants to stuff envelopes for Obama, then that would be voluunteering. If she wants to sing at a fundraiser, then since that is her profession, and it is a campaign contribution in the amount she would charge to sing at a birthday party. Exxon cannot donate fuel for Romney to fly around. We need to on the same on their side.
BTW, most liberals don’t know that the Citizens United desision started out as a complaint to the FEC about “Fahrenheit 911”. The resulting SC decison upheld Michael Moores right to make and exhibit that movie.
“In the 1950s, it was 91 percent.”
The liars keep parroting this myth. No one actually paid those rates back then. The tax burden on the rich is actually higher today with the removal of deductions, unless you’re a limo liberal living off a tax free foundation.
Tax the Rich
To Obama rich is anything over $30,000!
Look for more trillion dollar deficits, and no way to pay for it. I also see China evading the dollar big time.