The president also called for Congress to enact the “Buffett Rule,” .....I thought the rule was trying to avoid taxes, which Buffet is doing and has been doing for over six years in the Courts.
So: Where are the cuts in spending.
What: Just to the military? That doesn’t make sense.
Because everybody KNOWS that Jobs, prosperity, and economic utopia is always only one massive tax hike away.
0bama’s plan to get reelected can be summed in in one statement “its the TAX Increases Stupid”!
He is laying down the framework to leverage every ounce of class envy/warfare his union socialist thugs can muster to take on the GOP who’s platform will be “Jobs”.
TAX INCREASES VS. JOBS...or even more simplified “Socialism” VS. “Capitalism”.
This is how he believes he can get more votes than his GOP opponent, and it will tear this country apart.
Not that any of the matters to 0bama.
The Elf Lord should be locked up in the bughouse with his fiends..
In an ideal world, no one would have to pay any taxes. But since we don’t live in that world, we have to make the best of this one, and if the public wants benefits from the government, someone has to pay for them.
For instance, at present a midlevel military officer can retire after twenty years and draw a retirement income of about $45,000 a year, plus excellent health benefits. Most of these retirees are working full time at other jobs. All right, it is great to do something for those who served in the military, but when people who paid into a retirement system (social security) all their working lives are being told that they are going to have to wait until they are older (67, 68?) to get their full benefits, I think it is fair to ask the mid 40’s retired military to wait as well. Like another 20 years. They didn’t fund their retirement at all. It’s funded by you and me, the taxpayers.
As to the fairness of “raising taxes”, I would be in favor of following Reagan’s lead in his Tax Reform Act of 1986, where he had capital gains taxed at the same rate as earned income. It made sense then, it makes sense today. Why should someone who made a bundle investing in Chinese stocks pay a lower tax rate on his income than someone who worked as an employee of an American company? Ronald Reagan still has a lot to teach us, if we will only listen.
“Higher Taxes To Increase Revenue Is Like F***ing For Virginity.”
Simplicity is beyond their grasp.
The simple cure to massive government debt is to strip the government down to the basic functions and duties that the Constitution set forth initially.
When massive layoffs of government workers occur along with complete elimination of the huge regulatory agencies, make the worthless government “paper pushers” work in the fields to replace illegals and make them actually earn their way in this life.
Without the fog of governmental regulations that stifle business and manufacturing, meaningful jobs and employment will quickly fill the void and we will become the nation we once were.
Real simple.......simply do it!
FUTG ! Another Gov’t Sach’s executive that pulled the trigger in Sep 2008 !
obamma adds $5 Trillion dollars to the national debt, then complains we need to rasie taxes to pay for it! obamma more than maxed out our nation’s credit, then has the audacity to demand we pay for it with higher taxes.