Krauthammer Blasts ‘Buffett Rule’: ‘An Embarrassment, It‘s So Shameless’
- Posted on April 21, 2012 at 11:59am by
Madeleine Morgenstern
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Conservative columnist and commentator Charles Krauthammer summed up President Barack Obama’s so-called Buffett Rule with one simple phrase Friday: “A shiny object.”
“It’s literally incredible,” Krauthammer said on Fox News’ “Hannity.“ ”It’s almost an embarrassment, it’s so shameless. If you were to collect the Buffett tax for the next 250 years — that’s longer than the life of this republic — you will not have covered the deficit, Obama’s deficit for 2011. You collect it for another 250 years, so we’re now in the year 2612, and you’ve covered 2011 and 2012 and you need to cover only 498 other years of deficits.”
The Buffett Rule, which would have forced millionaires to pay at least 30 percent of their income in taxes, was derailed Monday in the Senate.
“This is a preposterous statement and he know it is,” Krauthammer continued. “On growth, it’s equally deceptive. What the tax is, it’s a doubling of the capital gains tax. It’s disguised, but that’s the reason why the Buffett rates are lower, it‘s the capital gains rate and it’s lower than the rate for normal income. So he doubles it. Now the reason that’s not a good idea is because when you double the rate, you actually decrease the amount that the Treasury receives. And you decrease the growth because you are shrinking the pool of capital that’s out there that people can invest and hire other people.
Referring to a 2008 presidential debate in which candidate Obama said he would look at raising the capital gains tax “for purposes of fairness” — despite historical evidence that cutting the tax increased revenue — Krauthammer said Obama has an “abstraction” about taking money from the rich and distributing it elsewhere to affect the general economy.
“It makes no sense,” Krauthammer said. “It’s a misdirection play, it’s a way to have a shiny object.”
“He doesn‘t want to talk about what he’s done,” he added. “He’s had the longest over 8 percent unemployment since the Great Depression, he has had the slowest and most anemic recovery of any recession since the second World War. And he’s accumulated in one term the greatest amount of debt, $5 trillion in galactic history. He can‘t run on that so instead he’s going to hold the ball over there, a shiny ball and say ‘look over here’ so he doesn’t have to speak about a record which has been an economic disaster.”
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Comments (129)
kspatriot
Posted on April 21, 2012 at 1:43pmHow about reporting the FACT that Obama’s lawyers admitted that his birth certificate is a FAKE! How about doing your job and reporting REAL NEWS! THE BIGGEST FRAUD IN THE HISTORY OF THE REPUBLIC IS TAKING PLACE AND WE HEAR CRICKETS FROM MOST MEDIA OUTLETS! http://www.examiner.com/article/obama-officially-ineligible#ixzz1sW7GM8Zz
Report Post »aChameleon
Posted on April 21, 2012 at 3:00pmHow many times does Congress have to kill obama tax increase bills before it’s called double, triple, or quadruple jeopardy? What part of we‘re not raising taxes doesn’t this guy understand? Next week he’ll have another bill to raise taxes. Enough is enough. There has to be a limit of the number of times he’s allowed to introduce a bill to increase taxes.
Report Post »Catfish
Posted on April 21, 2012 at 3:23pmObamas attorney said his birth certificate is a forgery so why is he not in jail, and his Obama care would not be valid nor any thing else he has signed, why does the superme court not act and have him arested and deported
Report Post »Leopold
Posted on April 21, 2012 at 3:50pmLET ME BE PERFECTLY CLEAR, it is very clear that Obama is full of hatred for the rich. His attitude goes way beyond fairness. That is just cover for what he truly feels about them.
Sure he walks and talks and takes from them.
But given the chance, he will sell them down the river as soon as he can.
Unfortunately, many of the rich are greedy. And that blinds them to the truth.
Should they even care about the truth.
History has a lot to say about what happens to those who thought they could buy themselves immunity from evil. Many of them were killed. Just like they were pigs. As a matter of fact many communists got a particular pleasure out of killing and torturing the rich.
Communists, socialists, progressives, marxists and statists all have a dark and rotten soul at the core of their being.
A socialist, progressive, marxist and or statist are all embryonic communists.
It only takes a little bit of coaching and they are followers for life.
Unless God intervenes. Which he has done. My favorite among them, David Horowitz. Who has not yet realized that he was saved from the destructive forces of communism by God.
These people get the fuel that feeds their power from their own hatred.
Only the handlers of the front man, which is Obama, will be safe.
Whoever they are, they are the ultimate evil.
Evil always hides it’s true identity.
But even evil will only spread through it’s followers.
Report Post »Example: Hitler and his SS.
Miami
Posted on April 21, 2012 at 5:43pmKrauthammer
Is one of the brightest minds I’ve ever come across
I’d like to see him run for the office
Report Post »Jinjerella
Posted on April 21, 2012 at 5:49pmThe Judge said it was a fake so could NOT be used in court to prove it was fake as a fake cannot be submitted because it’s a fake……… yea, I thought it was bunch of crap, too. WTF? Why isn’t every blogger writing about this, if you guys don’t push it we get no coverage. One would think that an illegal POTUS would actually be a big story, but, I feel betrayed by EVERY BLOG AND EVERY BLOGGER BECAUSE THIS IS NOT BE PUSHED FORWARD. The American people need to know this.
Report Post »IndyGuy
Posted on April 21, 2012 at 8:58pmI thought the Buffett rule was when going back for seconds always use a clean plate…
Report Post »wdittgasn
Posted on April 21, 2012 at 9:22pmThis is some scary crap!!! FEMA Camps……http://www.youtube.com/watch?v=ADC9-zWqojI&feature=related
Report Post »jzs
Posted on April 21, 2012 at 10:50pmAt one time Krauthammer’s opinions may have had some legitimacy, but no more. He’s a shill for FOX and no more. First of all, 75% of Americans support raising the so called Buffet rule: http://articles.latimes.com/2012/apr/16/news/la-pn-polls-americans-divided-over-taxes-but-support-buffett-rule-20120416
But, of course, Republicans don’t care about “We the People,” their interest is in those rich guys who donate to their campaigns. In their view We the People can take a leap.
Millionaires also support raising their own taxes. I’ll say that again, millionaires also support raising their own taxes. This from the conservative Wall Street Journal: http://blogs.wsj.com/wealth/2011/10/27/most-millionaires-support-warren-buffetts-tax-on-the-rich/
As for Krauthammer’s idea that reduces Federal taxes increases government revenue, well that’s just BS. I understand the “logic” behind that counterintuitive idea. The rich pay less taxes but, as a result, they make so much money that revenue actually increases. Yeah, well, the Bush tried that didn’t he with his tax cuts? Revenue dropped (big surprise) and the deficit doubled or tripled. The idea that lowering taxes for the rich actually increases tax revenue is false, it’s absurd, something history has proven over and over.
Most millionaires and billionaires support raising taxes on the richest, as do most Americans. But the Republicans say f them.
Report Post »Cosmos102
Posted on April 21, 2012 at 11:07pmWhen you hear Obama speak, everytime he demonizes the rich and invokes “fairness” for his reason to punish success, the crowds just cheer. Obama knows how brainwashed his followers are, and that they probably don‘t understand half of what he’s talking about. They will applaud anything. They just want some Obama money.
Report Post »Therightsofbilly
Posted on April 21, 2012 at 11:26pmHey JZS,
Well, first answer these questions three.
1.How much revenue will the “Buffet Rule” generate per year?
2. How many hours worth of Obama spending will that revenue cover?
3. Why won’t the $%&*#@$%^ Buffet pay the back taxes he already owes for the last 10 years?
He is actually fighting having to pay those taxes he owes. Now does it make sense for someone to claim that he wants to be taxed more, and then fight to not pay the back taxes he already owes?
If you are a demoncrat, the answer is obviously yes.
This is nothing but marxist class warfare. Pure and simple.
And you calling Charles Krauthammer a shill?
Well that’s the most ridiculous thing I ever hoid.
Report Post »Therightsofbilly
Posted on April 21, 2012 at 11:48pmJZS,
The only shill in these here parts is you.
You repeat the exact same talking points over and over. No matter how many times dozens of posters here shoot you down. (Shoot, I can’t say shoot anymore) Okay, no matter many times they destroy your arguments.
I mentioned Bernie Sanders the Senator earlier. Is he the kind of socialist that you look up to? The kind of guy that will do America proud?
“Bernie sanders used campaign donations to pay his wife and stepdaughter more than $150,000 for campaign-related work since 2000, according to records filed with the Federal Election Commission.
Jane O’Meara Sanders, his second wife for the past 20 years, is president of Burlington College. They have four adult children. Jane Sanders received $91,020 between 2002 and 2004 for “consultation” and to negotiate the purchase of television ând radio time-slots for Sanders’ advertisements, according to records and interviews.
Approximately $61,000 of that was “pass-through” money that was used to pay media outlets for advertising time, Jane O’Meara Sanders said in an interview.
The rest, about $30,000, she kept as payment for her services, she said. Carina Driscoll, daughter to Jane O‘Meara Sanders and Bernie’s stepdaughter, who had been a member of Burlington City Council, picked up $65,002 in “wages” between 2000 and 2004, campaign records show.”
http://keywiki.org/index.php/Bernie_Sanders
Yep, bet you wish we had more like him.
Report Post »Therightsofbilly
Posted on April 22, 2012 at 12:12amJZS,
I forgot to mention, make sure you click on the link I provided, and read Bernies endorsement letter from the Soviet agent, and Communist Party USA member.
Good readin’
Report Post »Basharr
Posted on April 22, 2012 at 1:20am@JZS, 75% of Americans may support the Buffet Rule because 45% of that 75% pay no taxes and the more that others have to pay the less likely it becomes they will have to pay taxes at any point. Don‘t be fooled by the numbers Obama’s minions toss out there, it is a shell game and suits nobody but Obama and his liberal minions. If everybody in this country paid taxes obama would still be behind a shake-down of the successful.
Report Post »otmonger
Posted on April 22, 2012 at 2:17amA mennnnnnnnnnnnnnn!!!!!!!!!
Report Post »RJJinGadsden
Posted on April 22, 2012 at 3:05amTHERIGHTSOFBILLY, I’m afraid this the only that aptly applies to JZS:
Report Post »I’m all in favor of keeping dangerous weapons out of the hands of fools. Let’s start with typewriters.
- Solomon Short
Therightsofbilly
Posted on April 22, 2012 at 5:12pm@RJJINGADSEN
Very true, LOL
Report Post »DesdemonasCrew
Posted on April 22, 2012 at 7:23pm@basharr
Report Post »Actually, 60% of the 75% don’t pay taxes, because all 45 are in the 75: 60% of 75 is 45. But JZS premise is crap to begin with. If 75% of people polled wanted JZS to be neutered, would that make them right?
Volsense
Posted on April 21, 2012 at 1:24pmThe exposure of Obama is the epitome of “The emperor has no clothes.” I would feel sorry for him if he wasn’t so narcissistic. He has become a babbling fool that only those of his ilk can perceive as relevant.
Report Post »AmazingGrace8
Posted on April 21, 2012 at 3:47pmHe doesn’t feel sorry for us…This man has NO CONSCIENCE.
Report Post »Leopold
Posted on April 21, 2012 at 4:14pm@VOLSENSE
Don’t underestimate this so called fool.
His handlers will make sure that he has many devoted followers, who will lose any grounding in reality and goodness.
That will become very clear at election time. They will stop at nothing to prevent him from losing the election.
The Oligarchy in the background, including Soros, are getting old. They want their victory. To them Obama is the perfect man to accomplish this. They saw from the very beginning what potential an Obama presidency offers.
We see this play out daily. You say a word against him and immediately you are:
racist
birther
greedy republican
Israel firster
hater of the poor
anti-immigrant
women hater
religious fanatic
stupid tea partier
homophobe
islamophobe
xenophobe
and a bigot in everything else that matters.
All these terms find fertile ground in the young and the ignorant.
That demographic is Obama’s cesspool from which he picks his minions.
Report Post »wdittgasn
Posted on April 21, 2012 at 9:25pmSCARY….http://www.youtube.com/watch?v=ADC9-zWqojI&feature=related
Report Post »Bill Rowland
Posted on April 22, 2012 at 7:59amSmoke and Mirrors!!
This is another of the distractions to keep us from getting to the real issues. Anything to take interest away from unemployment, the national debt, Fast and Furious, the fact that Sweet Old Barack (feel free to abbreviate) is not eligible to be president.
Why isn’t the MSM investigating his SS Card, what lie did he tell on his BAR application that caused him to surrender his license?
Instead we get the secret Svc scandal,.the Buffet Rule, the war on women, the distraction of Romneys dad living in a LDS community that practice poligamy (nothing about Sweet Old Barrys dads wives) .
WATCH THE OTHER HAND!!!
OMG 2012
Report Post »sillyfreshness
Posted on April 21, 2012 at 1:16pmWarren Buffet is a total hypocrite, phoney, and fraud. He wants to raise taxes on people like himself, but yet he already owes tens of millions in back taxes in which he’s currently fighting the IRS not to pay it. Does that make sense? He’s begging to pay more in taxes, but doesn’t even pay what he owes under the current system. I would like to see Obama strip Oprah of every last dime she has since she’s one of the co-conspirators who got all the American women (soccer moms) to run out and vote for our Kenyan born president. All those ultra rich are frauds.
Report Post »Seede
Posted on April 21, 2012 at 1:58pmYou are 100% right on. I lived in Neb for over sixty years and finally got out of that sorry place. Warren Buffett is pulling your leg and has been for many years. He knew that this bill would not stand before it was even introduced. He and Ben Nelson have that state in their back pocket and have both been stealing from the people for years. Nelson has Buffet‘s back on all matters and is in Buffett’s back pocket. Biggest crook known in our republic.
Report Post »IMCHRISTIAN
Posted on April 21, 2012 at 4:13pmSeede…. You can say all you want to about Buffett and Nelson but Nebraska is a proud and a red state. I agree about those two and they can absolutely move but the smart ones will stay.
Report Post »Seede
Posted on April 21, 2012 at 7:52pmI am a Christian too but that doesn’t change the facts. Taxes is about one third higher in Neb. than in Iowa and crime is at the top of the list. That and the fact that I lost my 93 years old mother in a black gang beating, which was swept under the rug, sent me packing. If that is your idea of a wonderful place then have at it. By the way if I ever do venture back into that God forsaken place I will be carrying. Ben Nelson and Warren Buffett should be in jail along with most of your legislature.
Report Post »jnobfan
Posted on April 21, 2012 at 1:13pmWhenever any Repub is asked about raising taxes they should all say “why so the GSA and Hillary and the SS can party?” So Leon Panetta and Nancy Pelosi can get a bigger jet? So Eric Holder can buy more guns to give to Narco-Terrorists?
Report Post »This is not real hard – just stand up and say the American people do want to give the Federal government any more money to burn.
seeker9
Posted on April 21, 2012 at 1:33pmUnfortunately, the tactic is to spend it first.
Report Post »Bro Geo Too
Posted on April 21, 2012 at 1:57pm“J” – Right on! I hope and pray your comments find their way into Romney’s response.
Report Post »mrqstixx
Posted on April 21, 2012 at 3:07pmGreat post !
Report Post »OklahomaBeck
Posted on April 21, 2012 at 4:07pmYou should add more to the list like:
Report Post »so we can give money to more failed solar companies.
Leopold
Posted on April 21, 2012 at 4:29pm@ JNOBFAN
Excellent talking points.
Hopefully some one will pick it up.
Report Post »cookcountypatriot
Posted on April 21, 2012 at 12:57pmwhatever this dolt does fails….its the hizzy fit that will come from the left that they are counting on…he knows he,s an utter failure so does the msm..rather than call themselves on it they would rather lie and destroy the country….but no man can destroy what God himself creates…this dog eating communist doesnt have a chance..
Report Post »lukerw
Posted on April 21, 2012 at 1:11pmEvery failure of Obama… to benefit America & the Economy… is a Successful step toward Socialism & Dictatorship!
Report Post »IMCHRISTIAN
Posted on April 21, 2012 at 12:53pmchoo choo Buffett still is fighting taxes so why even think about raising them on others that help keep us employed. It is only fair that we now have a debtor democratic we should next have a responsible republican for President.
Report Post »FloridaFarmGirl
Posted on April 21, 2012 at 12:46pmKrauthammer is the man!! Very intelligent guy and tells it like it is.
Report Post »pwatkins
Posted on April 21, 2012 at 8:47pmYes he is Floiadafarmgirl, and one of very few. Wished he would run for POTUS….or I’ll put that in better words…wished he was POTUS.
Report Post »GumRock
Posted on April 21, 2012 at 10:49pmHigh Five’s “Florida Farm Girl”
Report Post »Chuck’s~Da~Man !
jackact
Posted on April 21, 2012 at 12:44pmThe RINO beltway boy is correct.
Report Post »Even if you increased the punitive tax rate on the rich by double it will not help.
The democrats in congress that voted for this ‘shiny object’ know this is true.
Reduce entitlements by 50%, institute the fair tax act, reduce corporate tax to 10%, shut down the federal reserve, drill for oil on federal government owned domestic lands, remove Obama and………
PROBLEM SOLVED!!!!
portague
Posted on April 21, 2012 at 1:33pmfair tax means all other forms of taxes go away including corprate tax which is good. It would give us one of the most business friendly and competitive tax rates for business in the world 0%.
Report Post »RightPolitically
Posted on April 21, 2012 at 12:44pmObama is a Big Government redistributionist. That makes him a COMMUNE-ist. People like the President (leftists) have huge egos that tell them, they know better than everyone else, they are the smartest guys in the room. And it is for that reason that they believe in centralized government power which they can control, tweak and bend to their own liking or end. But, of course, they don’t know better. Look at all the great utopian failures around the world. Show me one great or even minimally successful socialist or communist state. And don’t day China or Norway. China uses capitalism and Norway has a high suicide rate. Allen West has it right about far left Democrats being communists. Obama is one of them!
Report Post »cassandra
Posted on April 21, 2012 at 12:41pmobama wants everyone but his marxist buddies on wellfare, if wellfare is so great by helping people why are people on it from birth to death
Report Post »marine249
Posted on April 21, 2012 at 12:38pmDem-mo-rats do like to pay taxes.
that is up to the Republicans.
have you ever seen a tax the dem-mo-rats
Report Post »didn’t love?
The Gooch
Posted on April 21, 2012 at 12:55pmI’m not sure they like to pay taxes. You only have to look to Washington, D.C., or Hollyweird to to disprove that theory. But they sure love taking other folks’ money and spending it. Hell, our govt. loves spending SO much, it will suicidally spend money it doesn’t even have. That’s dedication to the cause.
Report Post »Now, you gotta be careful here. The Rs just dodged a shameless big gub’ment puke with Santorum. This dude was ready to continue business as usual; he made no secret about his love for big gub’ment and big spending. Is Romney any better? I am by no means a Romney fan, but he is far more desirable as a leader than pseudo conservative Santorum was ever going to be.
You know what tax many Ds hate? Any they have to pay… and especially the ones they get caught NOT paying.
marine249
Posted on April 21, 2012 at 1:09pm@ GOOCH
FORGIVE me I was in one of my ticked off moods
and I didn’ reread my post. That should to NOT like
MARINE249
Report Post »Bill Burns
Posted on April 21, 2012 at 12:33pmKrauthammer is clearly the best commentator in history in my view. Obama is the worst President in history and that is a fact.
Report Post »EddardinWinter
Posted on April 21, 2012 at 12:45pmWarren Buffett says, “Sure, raise my tax rate! I am not gonna pay it anyway!” Our state media ignores the irony of a tax proposal named after a rich dude who is a philanthropic tax cheat! Supported by a treasury secretary who is a tax cheat. Better (worse?) than fiction!
Report Post »barber2
Posted on April 21, 2012 at 1:25pmGood points. Both of you. Someone needs to hire a skywriter, a billboard, or a bus bench that says : Buffett Rule : I Don‘t Care If You Raise My Taxes ’Cause I Don’t Pay Them Anyway .
Report Post »blackyb
Posted on April 21, 2012 at 12:33pmSpain is counting our votes and there are Marxists there than about any country. This should not be the only place counting our votes. Obama farmed them out for some reason. Think about it.
Report Post »AmazingGrace8
Posted on April 21, 2012 at 3:59pmIf this admin. is the first to “farm-out” the counting of votes outside of America, this is very bad for our Republic. Missing ingredient while baking a cake (choose your own)….artificial “puff-up” of the cake & this Republic goes flat….FLAT-LINED! The heart-beat of America is forever silenced. The regime will have a few years of “icing on their artificial puffed-up cake”, but the icing will become hard & they will not be able to scrape anymore from the bowl. Hummm seems this has been tried before-history repeats itself. And the beat goes on.
Report Post »rawmilker
Posted on April 21, 2012 at 8:41pmYep, vote rigging by obungle & his criminal element will be running rampant…
http://conservativebyte.com/2012/04/michael-savage-how-obama-fixed-2012-election/
Report Post »blackyb
Posted on April 21, 2012 at 12:31pmNow that we have established the truth. Who is going to do what about this? Whatever is to be done needs to be done by Congress and quickly. What the heck is the hold up for getting that guy out. He most obviously is not even eligible to be where he is, and they are obviously involved with the overthrow of this country and are shredding the Constitution. I would start in the Justice Department and clean that out and replace this with people who are not Obamites. Then go to working getting those vermin out of our White House and Departments of Education, State Department and all places where they are influencing the American way of life that is in our Constitution the way it is meant to be. They better get busy. They are going to cheat this election out of the hands of the American People. We will be busy for the next four years trying to straighten out the elections. Obama is going to see to it that Romney is going to have to sue to get his rightful number of votes to stall for time. Something needs to be put into place to keep this from happening.
Report Post »unwine99
Posted on April 21, 2012 at 12:30pmI wish everyone on the right had intellect like Krauthammer — instead of these phony bible thumping clowns.
Report Post »The Gooch
Posted on April 21, 2012 at 12:45pmNot a fan of the intolerant, knee-jerk busybody, eh? I’m with you in that regard. No matter which end of the ideological spectrum you look at, you’re going to find the dread busybody… they’ll just be bowing to different to different sacred cows. Ignore if possible, confront if you must.
Report Post »barber2
Posted on April 21, 2012 at 1:27pmWhy can’t you guys make a point without the juvenile insults ? . All of you so-called Ron Paul Trolls sound like junior high smart alecks.
Report Post »The Gooch
Posted on April 21, 2012 at 1:42pmWrongo. I think Ron Paul is the equivalent of a stopped clock and I will not associate with his “truther” fan base. But thanks for assuming.
Report Post »The Gooch
Posted on April 21, 2012 at 12:30pmPetulant children will never except being told they can have less; they always want more.
Report Post »Spending? That’s something adults and squares worry about.
Our govt. and our general population is overwhelmingly shamelessly childish.
The Gooch
Posted on April 21, 2012 at 12:31pm“….accept…” oops
Report Post »justangry
Posted on April 21, 2012 at 12:30pmYou tell’em beltway shrink.
Report Post »barber2
Posted on April 21, 2012 at 12:49pmtoo bad he doesn’t do house calls…( couldn’t resist that line )
Report Post »blackyb
Posted on April 21, 2012 at 12:24pmObama needs to go to his home country and implement this tripe. This is not obama’s country and not amount of him, media matters, his leftist idealists or anyone can overcome the Truth. Joe Aprio is not a fool. Who would attempt an undertaking that would go against the most high office in this land if there was not proof positive. Congress better that tha bag of deceit out of our government. What the heck is the matter with those people we sent there to oversee our government. Obama needs to go.
Report Post »RLTW
Posted on April 21, 2012 at 12:23pmThe true objective isn’t tax collection; it’s the grinding destruction of America’s production followed by the end of freedom and the creation of state slavery.
Don’t you understand BO just wants to help us? (it’s some evil SH_T)
Report Post »dixiedown
Posted on April 21, 2012 at 12:19pmIt’s hard to find a guy that can sum things up better then Krauthhammer. I hope Mitt reads this. Would be great if Mitt spoke with Prager and Krauthhammer often for insight.
Report Post »maxedout
Posted on April 21, 2012 at 12:16pmChuck “The Hammer’….so true. Obama “The POS”…. has to go. Hard to wait for November.
Report Post »doomytram
Posted on April 21, 2012 at 12:16pmEspecially since Buffet owes billions in Taxes to the IRS. We borrow almost a million dollars an hour….. Apple only make a half a million an hour.
Tax Cheat Tim G… knows how ridiculous this Banana Republic has become…. Oh but, the Dicktator will have more flexibilty to play with Putin after they steal the votes from the real Americans in November..
Yeesh, how evil these czars are ?
Report Post »Dotado
Posted on April 21, 2012 at 12:16pmI love this guy…he just tells it like it is and has zero ********. Smoke and mirrors, that’s obamas methods!
Report Post »CatB
Posted on April 21, 2012 at 12:12pmIt is shameless .. and pantering to those who hate the rich .. mostly people who pay NO income tax .. but want more and more “services” .. Obama is an a$$. If Obama wants the rich to pay more why did he take EVERY deduction he could so he didn’t pay the “Buffett rule” ..HYPOCRITE!
Report Post »jespasinthru
Posted on April 21, 2012 at 5:53pmThe liberal fools who want to soak the rich because it’s “fair” don’t realize that those burdensome taxes would eventually be imposed on the rest of us. Those of us who work, that is. All the Federal Government has to do is gradually lower the income requirement of those considered “rich.” And before you know it, every working American will have to fork over up to half of his income to Big Brother. They have to boil the frog slowly, you know.
Report Post »Gonzo
Posted on April 21, 2012 at 12:10pm“This is a preposterous statement and he knows it is” Right you are Charles, but when people are clueless, it sounds good. That’s how he got eleceted in 2008!
Report Post »