Since Obama’s Class-Warfare Tax Policy Is Failing in Illinois,(shortened title)

Townhall.com ^ | January 28 | Daniel J. Mitchel

[Kaslin]

President Obama’s two biggest “achievements” since taking office are the so-called stimulus and government-run healthcare.

But neither one of those policies are popular, so the President largely ignored them during his state-of-the-union address and instead focused on using the tax code to promote “fairness.”

But fairness doesn’t mean treating everyone equally by adopting a flat tax. Instead, it means a class-warfare policy of higher tax rates.

The President’s home state of Illinois is a good test case of this approach. The politicians rammed through a big tax increase early last year, supposedly to stabilize state finances.

Unfortunately, Obamanomics isn’t working very well in Illinois. The state just got downgraded by Moody’s and ranks below even California.

The most damning evidence, though, is what’s happened to the job market. Unemployment is still far too high across the nation, but the vast majority of states are seeing at least modest improvement.

But a tiny handful of states, led by Illinois, are moving in the wrong direction. Here’s a very powerful chart produced by the Illinois Policy Institute. The tax hike is about one-year old, and we’re already seeing strong evidence that jobs are fleeing the state.

Now close your eyes and envision a different map. Instead of American states, imagine a map of the world. And think what it will look like if Obama succeeds in imposing all the tax increases he had endorsed.

I suppose it won’t look as bad as this map because there are plenty of other nations engaging in suicidal tax policy. But it doesn’t take a vivid imagination to understand that Obama’s class-warfare approach would drive jobs and investment to the nations with better tax policies.

[Kaslin]

Entire Title

Since Obama’s Class-Warfare Tax Policy Is Failing in Illinois, Why Does He Think It Will Work for the Entire Country?

[supercat]

All that shows is that evil low-tax states steal work from the noble high-tax states. What’s necessary is to eliminate all the evil low-tax states globally, so that nobody will be able to escape their fair share of taxes. Then everyone will live in prosperity and harmony.

[Baynative]

Michelle Obama speaking at UCLA, February 2008

" Barack Obama will require you to work. He is going to demand that you shed your cynicism. That you put down your divisions. That you come out of your isolation, that you move out of your comfort zones. That you push yourselves to be better. And that you engage. Barack will never allow you to go back to your lives as usual, uninvolved, uninformed."

(my emphasis)

[FreedBird]

and if you do not support Obama (such as those in the conservative media) you will be placed on the Obama enemies list for punishment.

[libertymaker]

What hasn't been mentioned at all in the LSM, is that Aon Corporation, the largest insurance brokerage firm in the world, and headquartered in Chicago, just made a decision to move the domicile of the company out of the US and over to the UK. All done for financial reasons and overbearing US taxes and regulations.

When is the last time a major US company pulled up roots from the US and sought refuge in a foreign country?

Obama is presiding over the systematic destruction of our country.

[Hotlanta Mike]

Outstanding Ad Highlights Generational Theft of Obama’s Leftist Agenda: “We WERE the Obama Generation. . . We ARE the Debt Generation” – Video

http://freedomslighthouse.net/2012/01/28/outstanding-ad-highlights-generational-theft-of-obamas-leftist-agenda-we-were-the-obama-generation-we-are-the-debt-generation-video/

[Kaslin]

Excellent, and from my state too