“How’s Bush Going to Raise $7 Trillion?”
Oh, he did.
What happens when the 5% who pay all the taxes pick up their toys and go home?
Easy to see ahead to what Obama is talking about..
When the government OWNS everything.. (communism)..
THEN you are not taxed at all.. the government merely allows YOU to have a small bit of the governments money.. Since the the government OWNS all money, all assets , the government even OWNS YOU.... You are NOT taxed but are taken care of by the government.. TAXES cease to exist because all assets are wards of the State.. as assets..
YOU are merely an asset.. -OR- liability... money is just fuel..
Liabilitys are liquidated.. (probably as organ donors)
"Hows Obama Going to Raise $4.3 Trillion?"Silly boys, that's easy. He'll put a printing press in the WH basement. Problem solved.
Next question...?
/s
Since Marxists are historically intent upon decimating the Middle Class, I would guess that it would be targeted for immense tax increases.
He is going to grow it from the bottom up!!!! He said that yesterday about growing the economy as he stood by his "SPREAD THE WEALTH" freudian slip. He is going to make "Trickle up poverty" work for everyone.
Oh really??? So 38% of Americans don't pay Social Security, Medicare, Medicaid, sales tax, fuel taxes, tariffs, gas guzzler taxes, travel and hotel taxes, sin taxes (beer, cigarettes, etc.), hunting/fishing taxes, excise taxes on peanut butter............ ad nauseum. I love how "paying taxes" has been parsed down to just what one pays in federal and state taxes, yet all is forgotten when it comes to the 1,000 ways that we are all taxed to the gills with "hidden" taxes.
Now I'm not advocating socialism, but let's have an honest assessment as to the contribution of every American and not discount or totally negate all of the money that flows in from these stealth taxes. Just my $.02, that's without the sales tax though.
ping