Posted on 09/04/2012 12:33:43 PM PDT by jazusamo
This is the one time I think Dr. Sowell may be mistaken. Obama knows very well what he is doing. Prior to the 2008 election he was being interviewed. The talking head pointed out that raising taxes reduces revenues to the government. Obama’s response was pure evil. He agreed, but stated the tax increase would be “fair” even if revenues were reduced.
” According to the Internal Revenue Service, there are more than 2,700,000 people who earn $250,000 a year or more “
Yeah, and if you taxed all of these people at 100% of incomes over 250,000, it wouldn’t run the government for one day. It is always the middle, and upper middle class who pay, and pay, and pay.
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