Posted on 09/08/2008 3:25:26 PM PDT by jessduntno
The policy and ideological differences between the Unites States’ Democrats and Republicans this year are greater than in all the elections since the Second World War, except for Barry Goldwater’s quixotic challenge to Lyndon B. Johnson’s Great Society in 1964; George McGovern’s kamikaze mission against Richard Nixon in 1972; and Ronald Reagan’s release of Jimmy Carter to spend more time with his family in 1980.
The differences over taxes, the economy and medical care are profound -- and very complicated. Obama is proposing one of the greatest tax increases in world history, entirely on the wealthiest 40% of the U.S. population -- who already contribute more than 100% (yes, you read that correctly) of the U.S. government’s personal income tax revenue. He is disguising it behind a welter of largely fictitious refundable tax credits. The increased tax on people of substantial income will be paid out to people who pay small amounts of tax or none at all. No part of this familiar process is a “tax-cut,” which is how it has been presented.
(Excerpt) Read more at network.nationalpost.com ...
None of the above.
They think this phantom surplus is enough to feed the hungry, house the homeless, clothe the naked and heal the sick.
Mr. Obama will round up this idle cash and end poverty with it.
Even if there were this so called surplus, at some point it would become depleted. Then what?
ironically, it’s the east/west coast Harvard educated elitists that poohpooh Sarah Palin that will be soaked the most under Obama.
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