Five days ago Obama unveiled a “jobs plan” which included tax hikes of $467 billion, $400 billion of which were on individuals making $200,000 (and couples making $250,000).
How sad. Our president has been reduced to chasing demons.
Obama’s recent phony jobs bill which raised $400 billion in taxes on everyone making over $200,000 (couples over $250,000) apparently did not whip the masses into a pitchfork and torch frenzy, because it targeted our doctors, local business owners, and others who are...
The Great Jobs Plan of 2011 is nothing more that The Great Tax Increase of 2011.
He’s completely incorrigible, the Rain Man of class warfare and tax increases on job creators:
White House Office of Management and Budget Director Jack Lew outlined President Barack Obama’s...
… in order to pay for your grand spending plans is that sometimes you run out of rich:
… based on 2009 IRS figures, … the number of taxpayers reporting annual income over $1 million fell 39 percent between 2007 and 2009; the number of super-wealthy individuals making over $10 million annually plunged 55 percent.
The carnage wasn’t confined to millionaires. The number of taxpayers earning over $200,000 per year also decreased by 612,000 – or 13 percent.
Ya didn’t think this through, did ya, geniuses?
Spotted in Ithaca:
Warren Buffett has an op-ed in The NY Times bemoaning the fact that he and other super-wealthy investors pay a lower percentage of their income in taxes than their secretaries and other lower-paid staff members. This is an argument frequently heard from Democrats.
But in making that argument Buffett misleadingly lumps federal income...
Obama once again is moving hard on the class warfare, and there is every signal that setting up a fight between the “rich” and “not rich” is the Democratic campaign theme for 2012.
Obama keeps claiming the “rich” do not pay their fair share, but the numbers prove otherwise, as laid out...
Consider this just an ideas open thread.
Keep it clean, children could be reading.
I’ll start: There is a deep sadness at the loss of members of SEAL Team 6. Every soldier is valuable and mourned, but this tragedy seems to be special.
Updates: This chart from Division of Labour (one of the Blogs...
The debt deal “trigger” requires that one-half of the budget cuts come from the military if the “super committee” cannot reach agreement or if the Congress fails to pass the super committees proposal.
The concept was that fear of military cuts would force Republicans to strike a deal with the Democrats as...
From the Powerline Prize competition (h/t Glenn Reynolds):
I am amazed, once again, that liberals are not screaming at the tops of their lungs about Obama’s proposal to extend the social security tax holiday for another year.
I noted in October 2008,
There are parts of Steve Wynn’s anti-Obama “rant” which have received more attention, but this is the part that is key to me.
It’s been something I’ve been writing about since before the election, the Obama effect. It’s why Obama owns the job losses in the late fall...
I was right, mostly. The serious, conciliatory Obama showed up at the press conference today. The only reasonable person in the room was the theme.
I was wrong to the extent that in his opening statement and throughout Obama framed the issue as the Republicans not being serious, not living up to...
A deviation on a theme …
Every time a couple making over $250,000 per year gets their taxes raised, a Democrat gets its wings.