EVERYBODY, including the rats, knows that the meaningless, drop-in-the-bucket tax hike on “the rich” does next to nothing to address America’s debt and deficit and is, rather, a purely symbolic concession demanded by the rats for the sole purpose of dividing and ultimately destroying the GOP.>>>>>>>>>>>>>>>>
As an historian I disagree with your conclusion that taxing the so called wealthy class is merely symbolic.
Obama means to exercise the IRS in a catchment of administrative intimidation of the wealthy, by audit, pre judgement asset seizure( alowed under the Taxc Code), and executive fiat.
Obama cannot establish his much desired Socialist America as long as there is a functional investment class which creates jobs and wealth in the USA. Just as in Germany and Italy in the q920s and 1930s, the4 fascists movements there had to subjugate and destroy the wealthy class so they could seize control of the economy and dictate who made wealth and when. In addition the fascist movements got their cut in what can be seen as a kind of legal fascist extortion.
This is why Obama wants the tax on the rich so badly. He has positioned the IRS to agressively intimidate, audit and prosecute the wealthy class of the USA.Obama has prepared the IRS by extra hires, and has armed and ammoed them up.
If the GOP supports any plan on taxation of the so called wealthy, then you will see the beginning of the end of a free economy in the USA, and the IRS will be the tool that accomplishes it.When one understands the fascist movements of Europe and applies their historical social trends to Obama, he becomes absolutely predictable.
The GOP needs to defend the entrepreneurial class of America. If the GOP does not, then the economic engine of the greatest nation on earth will be subjugated by Nationalist Socialism and destroyed.
Sorry, but I don't see why Ubanga couldn't do all of that with rates right where they are. How would increasing the tax rate on "the rich" a few percentage points change anything? For that matter, it seems to me that the slimy GOP sneak attack of "closing loopholes and capping deductions" would give the IRS more targets to shoot at. By your scenario, Ubanga should like that option even more than a simple rate hike.
No. I maintain the whole "rate hike on the rich" demand is a pure, 100% political ploy.
FRegards,
LH