Monday, September 19, 2011

The Obama-Buffett tax; BOHICA

  Obama’s War on Job Creators  “If we tax investment in job creation more, you will get less of it,” Ryan explained. “This looks like to me not a very good sign, because it looks like the President wants to move down the class warfare path.” And while the President walks America down that path, he’s marching to the beat of the big government drum that will lead to more spending, then more taxes to pay for it, and fewer jobs as a result."
http://terrellaftermath.com/
 Obama's Recipe for Tax Disaster   "The truth, however, is that -- no matter how well-packaged it may be -- Obama's proposal is a nasty bit of class warfare that will destroy jobs, drive investment out of the economy, and harm the middle class, and it is certain to raise far less revenue than predicted."

Photo: http://www.breitbart.com/
Obama announces debt plan built on taxes on rich 

$1.5 Trillion In New Taxes? Ho Hum.
The Obama proposal has little chance of becoming law unless Republican lawmakers bend. But by focusing on the wealthiest Americans, the president is sharpening the contrast between Republicans and Democrats with a theme he can carry into his bid for re-election in 2012.
"The usual term for that is “demagoguery.” "

Obama Nation: The Power of Panic  "It is time for the American people to say “enough!”  Our nation was not built on panic.  It was built on deliberate and serious debate.  Our Founders did not simply react.  They acted on principle with the full understanding of what would follow.  We have to start thinking more deliberately.  An effective jobs bill will reduce regulation, clear uncertainty and address real tax reform.  Time and time again, lower tax rates with fewer tax preferences (deductions) have always resulted in strong and sustainable economic growth.   The best way to increase tax revenues is to increase the number of people employed and the best way to do that is to lower tax rates."

Video: Political Systems Explained for Dummies  If this doesn't make it clear, I don't know what will.

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