Obama’s Latest Tax Play

by Ryan on July 10, 2012

in Economy,Election 2012,History,Politics

Wasting everyone’s time yesterday, the President doubled-down on his class warfare reelection theme by indicating that he’d keep the Bush tax cuts, but only for the middle class.  This proposal will not pass the House, creating salivating class warriors across Libtardia hoping to paint the Republicans as both unwilling to compromise and in the pocket of big business. They’ve been pushing variations of that concept since the 1930s.

Yawn.  At least the Republicans haven’t taken the bait yet.

Yet, somehow tax rates that were once necessary to keep the economy going are no longer needed in a persistently stagnant economy?  Election year silliness.

However, I do have big problems with the current tax code.  Nearly half of Americans do not pay federal income tax.  I generally agree with those who believe that everyone should pay something — if you’re not in the game you care less about how it’s being played.

Plus, the concept that tax cuts must be “paid for” is anathema to the American concept of private property.  It’s not the government’s money, it’s ours.  To quote Reagan, “we are a nation that has a government, not the other way around.”  I wish someone would remind our dear politicians of that concept.

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