tax the rich
By marfdrat on January 2, 2013
Spending cuts? We don’t need no stinking spending cuts.
By marfdrat on December 13, 2012
With President Obama intent on raising taxes on anyone making $250,000, it seems certain that a lot of small businesses will be impacted. A Chamber of Commerce survey confirms this:
A survey of U.S. Chamber small business members found that impending tax increases will slow hiring and stall business investment and expansion:
By marfdrat on December 4, 2012
I guess he does, if 41% of the people who voted for HIM say so. Another 41% say it ought to be done with spending cuts and taxes.
The coalition of voters that gave President Barack Obama a second term splits over how to reduce the deficit, according to a poll released Monday.
By marfdrat on November 28, 2012
UPDATE: Here’s an example of the kind of evasive behaviors folks will engage in when faced with the prospect of higher taxes: Costco to Pay Special $3 Billion Dividend. This will allow holders of Costco stock to pay the 15% dividend tax rate before it goes up next year (nearly double for some brackets).
By marfdrat on April 18, 2011
President Obama (*DfOaLG) responded last week to the GOP’s Path to Prosperity budget plan with a plan of his own. Obama’s plan would make some “adjustments” in Medicare and Medicaid, and would basically wallop the “rich” with some more taxes to help cover the difference. Get that? Don’t really do anything on the spending side of the equation, but make the rich pay “their fair share” of taxes. That phrase -their fair share- has me reaching for the head-wrapping duct tape every time I hear some whiny liberal do-gooder utter it. Their answer to all of our fiscal problems is to make the rich “pay their fair share of taxes.” Never mind that 45% of the population now pay no net taxes to support the giant pyramid scheme that is our government.
Posted in Economics & Politics | Tagged obama, Path to Prosperity, Paul Ryan, progressive policy, progressive tax rates, tax the rich, taxation, their fair share of taxes, Wall Street Journal | 6 Responses
By marfdrat on March 3, 2011
Yes, I guess it is.
Michael Moore bloviates on how all that cash that rich people and corporations have is really “collectively a resource for all Americans…and we need to start taxing them at the ‘appropriate’ rates” so it’s spread out a little more evenly. Wait – haven’t I heard that “spread the wealth around” phrase before, from our Dear Leader (*DfOaLG)?