Just Askin

Two Takes on Obanomics

Obama is a closet communist, period. His "redistributivist" policies call for soaking the "top 1%" by an average increase of $800,000 in taxes per year. What the hell is "fair" about that? The NYT's article's author, Leonhardt, complains that "the rich have been getting much richer before taxes [and] their tax rates have also been falling far faster than the rates of any other income group," but so what? The 35% tax bracket for "the rich" is STILL 25% to 200% HIGHER than lowe to middle inclome classes, who are the ones who glom onto the lion's share of all the b.s. government credits and deductions and givebacks etc. etc. etc. I rent, and I pay FULL taxes. I don't get "child care credits" or "home interest mortgage deductions" or "property tax deductions" or any of the other consumption-encouragin... social-engineering, government tax-tweaking class warfare BULLSHIT that's part of the sacred cow of tax "FAIRNESS." There is NOTHING fair about "redistributive" tax policies in any way shape or form. "The rich" earned their money, they are the ones who create most of the jobs in this country, and their earnings are, or ought to be, their own.