Slow Joe Biden let the "new and improved" plan slip out: The threshold is down to 150Gs, and is falling fast.
Noteworthy:
"Just as Bill Clinton promised a "middle-class tax cut" in 1992 only to raise taxes on the middle class in 1993, Mr. Obama will quickly find that his tax-revenue math doesn't add up. Add in the demands on Capitol Hill to spend more and to offset the Alternative Minimum Tax, and our bet is that even $150,000 would soon prove to be a moving tax target. Remember when the AMT was only supposed to hit 21 millionaires? Next year, without relief, it could hit 26 million taxpayers. Tax increases always hit the middle class because that's where the money is."
You betcha it is!
Several things are very clear.
Obama has told us he is going to raise taxes. We know he's lying about the extent and the breadth of these tax cuts. We know his economic program would cause even more chaos in the economy. We know the unemployment rate would skyrocket under his so-called benevolence. We know that wealth confiscation schemes are being constructed to implement his peculiar sense of "economic justice", and we know he's pandering to the significant percent of the public who don't pay taxes by offering an outright bribe in the guise of "stimulus".
Add to that the coming restriction of true rights, the invention of imaginary rights, and the stated plans to put our nation in extreme danger from a warped foreign policy.
This guy should only be polling at the 25 percent level of left wingers, looney tooners, and "progressive" kooks that are out there.
Perhaps the Childish at Any Age crowd is larger than I thought.
That uneasy thought has been bumping around in my mind all day but I hadn't quite put words to it: the idea that Obama is BRIBING those who don't pay taxes. I think the word bribe makes it all quite clear for me, so thank you for the lightbulb. I'll add bribery it to my favorite ways the illuminati communicates its will be done.
ReplyDeleteBribing? How about just plain and simple buying the vote. Bribing is too sanitized. Just like the ward healers in Johnson City, Tn use to buy votes with a half pint of cheap booze and two dollars for another one when that was gone for the vote for their Democrat party member the game is the same, the cost is the only thing that has gone up and the fact that now it is the taxpayer who pays.At least the two bit ward healers bought the booze out of the local Democrat funds or else the bootlegger who sold them the booze was backing their candidate and gave it away for special favors after the election, like advance warnings of raids etc.
ReplyDeleteThis is the essence of the Democrat Party. You give people money and stuff to make them dependent, rather than requiring them to be personally accountable. Dependence is the name of the game. The last thing that they want is for people to be independent of government (and the Dems by extension). This all started with FDR's New Deal and exploded as part of LBJ's Great Society.
ReplyDeleteLBJ wanted to give people a Second Bill of Rights that would guarantee people many things, including a home and a job. LBJ wanted to expand this idea and through major new spending programs eliminate poverty and achieve racial justice. Besides making people dependent upon welfare, LBJ's greatest legacy may have been the Elementary and Secondary Education Act of 1965 which launched the injection of federal money and controls into public schools. This is when the quality of public education began deteriorating.
And yet there are so-called citizens out there for whom none of these things matter in the slightest.
ReplyDeleteUnbelievable!