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Higher taxes ahead for Welfare Handouts
TooBig
Member Posts: 28,560 ✭✭✭
Expect Higher Taxes for Welfare Handouts
Wednesday, May 13, 2009 4:26 PM
By: Michael Reagan Article Font Size
In only a hundred days and change, President Barack Obama has committed $6.5 trillion to waste, fraud, and abuse. That's $6,500,000,000,000, which is more than all the costs of World War I and World War II combined.
And you think it can't get worse? Believe me, it can.
Things have gotten so bad that even in my home state of California, a Republican governor, Arnold Schwarzenegger, is urging support for a massive $16 billion tax hike which is deceptively masquerading as a measure to put a lid on out-of-control government spending.
You read that right: A massive tax-hike - Proposition 1A - is being peddled to the people as a measure to control spending.
But what else is new? After all, during the presidential campaign Barack Obama sold the people on wealth redistribution and the expansion of the welfare state by deceptively calling for tax cuts for 95 percent of all working Americans.
And he got away with it because, unfortunately, most people didn't realize that approximately 40 percent of the people in America already have a zero (or negative) tax liability, and it stands to reason that many more have a negligible tax liability. Isn't giving people a rebate on something they don't pay in the first place a handout . . . isn't that welfare?
But there's more. If approximately 35 percent (or more) of the working families in America are getting a check (or a bigger check) from the government, from where is that money coming? As a candidate, Obama told Joe the plumber, in an unintentional moment of frankness, he's just going to "spread the wealth around."
So, if Obama could get away with that little bit of spin, then
Wednesday, May 13, 2009 4:26 PM
By: Michael Reagan Article Font Size
In only a hundred days and change, President Barack Obama has committed $6.5 trillion to waste, fraud, and abuse. That's $6,500,000,000,000, which is more than all the costs of World War I and World War II combined.
And you think it can't get worse? Believe me, it can.
Things have gotten so bad that even in my home state of California, a Republican governor, Arnold Schwarzenegger, is urging support for a massive $16 billion tax hike which is deceptively masquerading as a measure to put a lid on out-of-control government spending.
You read that right: A massive tax-hike - Proposition 1A - is being peddled to the people as a measure to control spending.
But what else is new? After all, during the presidential campaign Barack Obama sold the people on wealth redistribution and the expansion of the welfare state by deceptively calling for tax cuts for 95 percent of all working Americans.
And he got away with it because, unfortunately, most people didn't realize that approximately 40 percent of the people in America already have a zero (or negative) tax liability, and it stands to reason that many more have a negligible tax liability. Isn't giving people a rebate on something they don't pay in the first place a handout . . . isn't that welfare?
But there's more. If approximately 35 percent (or more) of the working families in America are getting a check (or a bigger check) from the government, from where is that money coming? As a candidate, Obama told Joe the plumber, in an unintentional moment of frankness, he's just going to "spread the wealth around."
So, if Obama could get away with that little bit of spin, then
Comments
Don't "THE PEOPLE" reserve the right to "FIRE HIM"?
and have the poor oppressed people who will benefit from his handouts riot? He is taking calculated risks, and they appear to be working just fine. Rich folks, and hard workers who earn good money will continue to foot the bill and just work harder
[;)]barto[;)]
When that is accomplished then they will have 100% control.
They say jump the sheeple say how high.....get it!! [xx(]
Don't "THE PEOPLE" reserve the right to "FIRE HIM"?
"THE PEIPLE" will do nothing. A little *'n and moaning here and there, and the next election 95% of the slimy, low-life politicians who are stealing the country blind will be reelected.
Many people like Michael Reagan make a good living by bitching about the government. But what are they actually going to do about it?