Taxes on rich could go over 50% in some states.
This is based on passage of Obama’s class-warfare tax surcharge nonsense passing.
The collective government, in another palsied grab for power and influence, has yet again decided it has more claim on the monies of the rich than they themselves do. While our representatives on the Hill and at state capitals fly jets around and take months long vacations to rest their laurels and be in parades, hundreds of thousands of Americans veritably kill themselves to make enough money to live comfortably in the future. Now, they will have to ship over half to their betters in D.C.
This is the first time in decades that this horror has visited our nation, and is in direct violation of an Obama campaign promise:
The $544 billion tax hike would violate one of President Obama’s ironclad campaign promises: No family will pay higher tax rates than they would have paid in the 1990s.
But what does ass-clown Robert Gibbs think?
Asked if Obama supports the surtax on wealthiest Americans even though it would break a campaign pledge, White House spokesman Robert Gibbs said only, “It’s a process that we’re watching.”
Wonderful. Thank God they have their eyes on it.
Here’s one for the “the public option isn’t really an option” file:
The legislation is especially onerous for business owners, in part because it penalizes employers with a payroll bigger than $400,000 some 8 percent of wages if they don’t offer health care.
There are jobs out there that should not give out health care. McDonalds is a great example. Of course, the payrolls of those 16-year-olds with a summer job will be counted against the lowly franchise owner, evil enough to withhold care from his employees. The result will, of course, be that those jobs disappear. Growth directly below the $400K payline will stagnate to prevent this albatross, and everyone will suffer. The transition of health care from privelage (aka benefit, to use the pre-Obama word) to right is going to be phenomenally expensive and destructive.
Liberals trade in the currency of best intentions. Their high-and-mighty pretentiousness must be sated by allocating other people’s effort and dollars “for the greater good”, and so we fight them as the only American’s capable of understanding the harm the New Left crowd can inflict. I don’t believe they plan on killing the country that nurtured their foolishness, but they will not let an economy get in the way, as proven by their attempted cap and trade ambush during a huge recession. Its merely happenstance that their myopic crusade du jour will burn down the nation that so many great men have built with…
…minority entitlements, political kickbacks, and buying votes from envious class warriors? That doesn’t sound right.
…hard work, sacrifice, accountability, and self-sufficiency? There it is.
Obama is about to find out how hard a brick wall feels when he runs up against the force of the American people and its interests. He already had to park Cap and Trade in the Senate to let the fires die down. Clock’s ticking until 2010, buddy. The world’s first lame duck year 2 President may be at hand.
