Obama to Plumber: My Plan Will ‘Spread the Wealth Around’
And I’m supposed to magically believe that this guy isn’t a Marxist? 😐
Also, there was an analysis of Obama’s Grandiose Tax Plan on WSJ:
Essentially, it won’t just be those he defines as rich ($250K/yr+) who will be feeling the burn of less net money being brought home. The marginal tax rate is going to skyrocket for just the people he’s supposedly wanting to help, according to these numbers.
You don’t save an economy by punishing the rich–the ones who give people jobs. They will no longer have the incentive to give people jobs, they will pass the cost of those taxes on to the consumer in the form of higher prices for food and commodities. It’ll do exactly the opposite of what he supposedly intends for it to do.
But, when it all comes crumbling down, big government will be there with open arms, right?