Tax the Rich – It Won’t Fix Anything
Posted by madjillmom on December 10, 2012
Go ahead. Pass the higher taxes on the rich. It is a victory without truth. Obama wants only to tax the rich. Revenues will not go up. They will go down. Even if the revenue does come in, it will only run the government for less than 10 days. BFD.
Keep kicking the can down the road. Obama knows that this is the easiest and least effective way to get something done. He wants all Republicans to bow down and lick his shoes.
Obama may rue the day he gets this trophy. Because very soon, he will have to cut, cut and cut. A recession is looming. His anemic recovery needs new drugs to keep going, more wasted stimulus. He will have to cut entitlements. He doesn’t care about the military cuts. He wants a weak America. So later, after a few more downgrades and poor employment numbers, he will have to make cuts. The public who loves taxing the rich won’t like this. He didn’t campaign on cutting anything. He even told Letterman and lots of others that the fix is easy. Just tax the rich.
Meanwhile, his dirty little secret, Obamacare, will start taxing us all. Bend over and grab your ankles, all of our taxes are going up.