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Redistribution of wealth/income on steroids.
1 posted on 02/25/2009 2:57:22 PM PST by Oldeconomybuyer
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To: Oldeconomybuyer
Subjugation of the White Man.
The new slavery of the Obama era.

25 posted on 02/25/2009 3:10:50 PM PST by I see my hands (_8(|)
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To: Oldeconomybuyer
Mr. Obama will also propose in the budget outline he releases on Thursday to use revenues from the centerpiece of his environmental policy — a plan under which companies will have to purchase permits to exceed pollution emission caps — to pay for an extension of a two-year tax credit that benefits low and middle-income people.

Not only is O and Co. claiming the revenue extorted from businesses to do business will be targeted toward a new specific spending program (revenue neutral) but then they have decided not to put that revenue towards the most obvious choice (global warming/green energy yuck yuck) but towards revenue loss programs, ie. welfare.

If anyone gets a chance to question a major member of the media then ask them how revenue raised from carbon credits should be used to pay for the revenue/moral loss of welfare.

30 posted on 02/25/2009 3:16:33 PM PST by torchthemummy (If You Still Have A TV Subscription You Are Funding The Socialist Takeover!)
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To: Oldeconomybuyer

The US government collected the largest taxes ever under Bush because his tax cuts increased the economy.

I guess we’ll see if the democrat’s philosophy of doing the exact opposite will yield the exact opposite or the exact same.


31 posted on 02/25/2009 3:18:00 PM PST by MNDude
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To: Oldeconomybuyer

An accurate title would be:

Obama’s Plan for Budget Would Shift Burden to the People Who Create Jobs

Subheading: Thus Destroying Job Creation and Growth


32 posted on 02/25/2009 3:18:04 PM PST by 1010RD (First Do No Harm)
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To: Oldeconomybuyer

You guys all miss the elephant in the room. Maybe Obama’s not as dumb as he seems.

What if hyperinflation triples prices and wages...then $250k will be simply middle class? It’s coming, but we will still have indexing to keep up with inflation? Big question.


37 posted on 02/25/2009 3:21:03 PM PST by BobL (Drop a comment: http://www.freerepublic.com/focus/f-chat/2180357/posts)
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To: Oldeconomybuyer

If I was rich, I’d simply quit and work at McDonald’s or something part-time. Why should I bust my ass for the gubmint? I’d make as little taxable income as possible.


40 posted on 02/25/2009 3:29:03 PM PST by Extremely Extreme Extremist (The Libertarian and Constitution Parties should merge into one)
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To: Oldeconomybuyer
Obama’s Plan for Budget Would Shift Burden to Rich

If the top 5% are already paying 50% of the income taxes, how much more should they pay?

41 posted on 02/25/2009 3:30:12 PM PST by okie01 (THE MAINSTREAM MEDIA: Ignorance on Parade)
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To: Oldeconomybuyer
Obama’s Plan for Budget Would Shift Burden to Rich

Rich = anyone not on welfare.

Never would have seen that coming!

44 posted on 02/25/2009 3:33:02 PM PST by Cementjungle
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To: Oldeconomybuyer

Who among you didn’t see this coming? Anyone? Anyone? Bueller? Bueller?


47 posted on 02/25/2009 3:37:39 PM PST by surely_you_jest
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To: Oldeconomybuyer

Rich = anyone with net income.


52 posted on 02/25/2009 4:09:10 PM PST by VRWC For Truth (Throw the bums out who vote yes on the bail out)
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To: Oldeconomybuyer

Shift the burden to “the rich” from whom - those who never have paid taxes???


53 posted on 02/25/2009 4:10:10 PM PST by keepitreal (Obama brings change: an international crisis (terrorism) within 6 months)
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To: Oldeconomybuyer

The prescience of the Slimes is without limit.


56 posted on 02/25/2009 4:22:37 PM PST by depressed in 06 (I'm becoming nostalgic for the incompetence of Carter.)
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To: Oldeconomybuyer
"The Richmeister"?

That guy is loaded.

57 posted on 02/25/2009 4:29:48 PM PST by x
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To: Oldeconomybuyer

Dennis Moore, Dennis Moore...”

http://www.youtube.com/watch?v=2tr_jjs2LKQ&feature=related

At least there’s one nearly silver lining to all this. In the future when the rich nations of the earth are mentioned to give more than they already do to some useless cause, they wont be talking about us.


63 posted on 02/26/2009 5:43:37 AM PST by Hillarys Gate Cult (The man who said "there's no such thing as a stupid question" has never talked to Helen Thomas.)
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