Aggregator • Hyscience • ID=79394
Is there any person out there who's been paying attention for the last 3-plus years that didn't see this nonsensical, counter-productive, new class-warfare, job-killing scheme coming?
Today, in yet another desperate attempt to win a news cycle as opposed to do his job and what's best for the country, Obama will use the high-profile setting of the Rose Garden to call for a huge tax increase on those making $250,000 or more, which will, of course, hit who knows how many small business owners. Naturally, Obama and his Media Palace Guards will spin today's announcement as a call to keep in place the Bush-era tax cuts for those making under $250,000 a year (a middle class tax cut), but it's really a call to raise taxes on our nation's job creators.
s the economy and job growth stalls, Obama will effectively propose taking money away from those institutions that represent America's engine of job creation. Back in 2008, when Obama first started prattling on about how a tax increase on those making over $250,000 would only hurt a small percentage of small businesses, using numbers from the Small Business Administration, Rush Limbaugh did a memorable job proving how untrue that was.
Regardless, as a general rule, there is no worse time to raise taxes than when the economy is slowing (as it is now). Taking money out of the private sector as though the government can somehow spend it better is a formula for economic suicide. But to take money directly away from those who create jobs in this country is grossly irresponsible, though, for this president, not at all surprising. More at Breitbart which goes on to aptly note that class division, racial division, division, division, division, winning reelection and doing so by any means necessary is all this president seems to cares about. Now, on top of his incompetence, the very people who are the only hope to bring down chronic unemployment must also worry about a desperate president's increasingly erratic, desperate and irresponsible behavior.
Add to this, the fact that Democrat members of Congress have repeatedly rejected tax increases for the job creators ... and there is no way that the GOP led House is going to agree with this latest election year ploy.
And let's not forget this much related Video FLASHBACK that shows Obama was singing a different tune back in August 2009 ... then, President Obama was very clear that we shouldn't raise taxes in a recession. <
So why does he think it's a good idea to increase them now when we're barely out of a recession and in the midst of a jobless recovery?