Wednesday, April 13, 2011
"I Can Afford to Pay More"
That was Obama's statement about raising taxes on those who make over $250,000 per year. He can pay more. Good for you, Mr. President. I am glad that being a community organizer was so profitable for you that you can afford to pay more taxes. I have worked on community organizing projects before. I can assure you that that work cost me and others that organized it, rather than paid us. So I am glad that you managed to eke out over $250,000 from that. What you still don't get, or don't care about, is that small businesses and entrepreneurs file personal forms because it is easier. When you say earners over $250,000, you include businesses that have overhead and bottom lines, not just extremely wealthy community organizers. Your tax hikes will destroy jobs and convince others that being your own boss just does not pay in America. This was not a plan. Obama still just wants to cut the deficit. His deficit cut proposals are not even enough to reduce the growth of the national debt. Sorry Obama, you still don't get it, do you? The Republican plan advanced by Paul Ryan actually does address the debt, but it still does not go far enough. We must radically re-evaluate what we expect of government. We must cut our expectations of government more. No more wasteful research into pig farts. No more subsidies for big oil, abortions, or NPR and PBS. No more Fannie Mae and Freddie Mac. No more of a lot of stuff. The Ryan plan did propose that taxes be cut to a 25% ceiling while eliminating loopholes. This would raise revenue, but Obama can't have the loopholes eliminated for his friends. Yes this is an angry column today. But the man either just doesn't get it, or he is willing to let the nation slide into insolvency, banking that it will happen after he is done.