I was on the bus this morning heading back to Ithaca from my Tea Party talk at the Cornell Club in NYC when I spotted on my PDA a post by Ed Morrissey about an AP Fact Check debunking Obama’s claim that secretaries pay higher taxes than millionaires and billionaires.
The millionaires and billionaires line is not just a line. It is the justification for Obama’s entire fiscal policy, including proposals for $2 trillion in taxes increases on “the rich” which have been announced by Obama in the past week.
My first reaction? Of course it’s false. How could we have a country where approximately 40-45% of people pay no federal income tax, yet millionaires and billionaires pay at a
higher lower rate? The whole line smelled, and now it has been exposed.
My second reaction? Damn, I can’t post about this because using the laptop on the bus gets me carsick. So posting about the nauseating fiscal policy from the bus would have been a double dose of nausea. It could have gotten ugly.
When I finally landed, the story was pretty well covered all around.
But … has anyone trotted out Bill Clinton’s Iraq war “fairy tale” line and used it as to Obama’s “secretaries versus millionaires” fiscal policy?
“This whole thing is the biggest fairy tale I’ve ever seen.”
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