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Only Taxing the Rich? when he’s in fact soaking everyone.

hypocritexposer

Well-known member
Waiting Game
He’s telling the poor he’s only soaking the rich, when he’s in fact soaking everyone.

By Jonah Goldberg

‘We are the ones we’ve been waiting for,” Barack Obama proclaimed many times during the campaign. He and his throngs of supporters preened in the glow of their own righteousness like cats in a puddle of sunlight. They were for “shared sacrifice” and a “new era of responsibility.” They wanted to put aside the “old politics” and the “tired arguments” of the past.

Well, where are those people now?

Obama brags — albeit dishonestly — that he’s only raising taxes on rich people. Ninety-five percent of the American people will get a tax cut, the president insists.

Well, which is it? Do the times demand shared sacrifice from us all, or from just 5 percent of Americans?

If I say to ten co-workers, “We all need to chip in together to get this done,” and then say, “So, Todd, open your wallet and give five bucks to everyone else in the room,” it would sound ridiculous. But when Obama says the same thing to 300 million Americans it’s called “leadership.”

“The problem with socialism,” Margaret Thatcher once said, “is that you eventually run out of other people’s money.” What Obama is proposing isn’t socialism — yet — but it runs into the same problem. You could take all of the money made by the richest one percent in this country and it wouldn’t come close to covering government’s expenses — even if those rich people for some reason kept working.

Our income-tax system is already extremely progressive, and it provides roughly half of all government revenue (add corporate income taxes, and it covers nearly three-fifths of all government revenue). The top five percent of earners pay more than 60 percent of income taxes. The top ten percent of earners pay more than 70 percent. And the top half of earners pay just shy of 100 percent of income taxes. Estate and gift taxes are even more progressive.

Now, it’s true that the low-wage earners who pay no income taxes do contribute in other ways. Sales taxes, payroll taxes, and other hidden taxes take a mighty bite out of the working poor and lower-middle class.

And, thanks to Obama, the poor will pay even more. President Obama’s proposed carbon tax will raise the price of energy. In an interview with the San Francisco Chronicle in early 2008, candidate Obama admitted as much: “Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.”

Liberals will defend Obama’s carbon tax by saying it’s vitally necessary to combat climate change, end our dependence on foreign oil, and boost our embryonic green industries like wind and solar. Fine, fine. We can have that argument, as weak as I think it may be.

But why isn’t Obama honest about the fact that he’s asking the working poor and middle class to pay even more? He’s the guy who talks such a big game about shared sacrifice. He’s the one talking about a “new era of responsibility.” Heck, that’s the title of his proposed budget — you know, the one that will irresponsibly explode the deficit?

Instead, Obama sticks to his promise that everyone who isn’t rich will get a “tax cut.” That tax cut, by the way, amounts to $13 dollars more a week for the typical worker, according to the Associated Press. In 2010, that cut will be worth $7.70 a week. Will that cover “skyrocketing” electricity rates? Or higher gas prices? How about higher prices for things that use energy to get manufactured, i.e. everything?

I don’t know the answer myself. Maybe $1.85 a day in 2009 and $1.10 in 2010 will cover that. But I doubt it, particularly when your job is outsourced to carbon-tax-free China or India. The point is that Obama’s rhetoric about shared sacrifice is bogus on every level.

He tells people they are the upright ones for supporting his policies when what he’s actually saying is that he’s taking from the rich and giving it to them. “Shared sacrifice” really means taking other people’s money, while “greed” is not wanting to give it up and “responsibility” is when the government takes it anyway.

In reality, he’s giving with one hand and taking with the other. He’s telling the poor he’s only soaking the rich, when he’s in fact soaking everyone. The amazing thing is that his supporters, rich and poor alike, buy it. No wonder they’re the ones they’ve been waiting for.
 

Sandhusker

Well-known member
Our electricity bill last month was $387. Duke Energy's CEO says Obama's cap and trade will raise rates 40%. That means that my bill will raise $155, and Obama is going to cut my taxes $7.70/week, or $31/month. So, in the end, I'll be paying $124 more a month for electricity so that Obama can push us toward an alternate energy source that lacks the technological development to replace the power sources that he will be bankrupting.

Can somebody please tell me why this idiot is our leader?
 

Hanta Yo

Well-known member
Sandhusker said:
Our electricity bill last month was $387. Duke Energy's CEO says Obama's cap and trade will raise rates 40%. That means that my bill will raise $155, and Obama is going to cut my taxes $7.70/week, or $31/month. So, in the end, I'll be paying $124 more a month for electricity so that Obama can push us toward an alternate energy source that lacks the technological development to replace the power sources that he will be bankrupting.

Can somebody please tell me why this idiot is our leader?

Nope cuz I didn't vote for him and I can't figure out how a majority managed to get him in....unless the majority have been living with their heads poked in the sand :x
 

hypocritexposer

Well-known member
Because, he's a good speaker,

And cause the constitution says that any "citizen" can be President, even if they are the child of a Foreign Dictator. They can be born here, raised in whatever school, or Madrassa, in the world, return and be President. Precedent, is there are no checks and balances.

Just as long as they are born here, from an American woman, they are good to go! Chavez, probably has some little "el presidenta buns" in the oven right now!
 

Hanta Yo

Well-known member
hypocritexposer said:
Because, he's a good speaker,

And cause the constitution says that anybody with The child of Foreign Dictators are allowed to be President.

Just as long as they are born here, from an American woman, they are good to go! Chavez, probably has some little "el presidenta's" in the oven right now!

I never thought Obama was a good speaker. When he didn't have his teleprompter around he would um and ah. I wonder who wrote the scripts for his speeches? He's forgotten what he's said over the past 2 years.
 

hypocritexposer

Well-known member
I believe Axelrod's team has written most of them, but they are mostly plagarized from previous speeches from past Presidents.

Axelrod used to be a reporter for the Chicago Tribune.
 

Hanta Yo

Well-known member
hypocritexposer said:
I believe Axelrod's team has written most of them, but they are mostly plagarized from previous speeches from past Presidents.

Axelrod used to be a reporter for the Chicago Tribune.

Oh, yeah, now I remember. Thanks
 
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