In article
<
18f4e91c-5cd0-405e...@do4g2000vbb.googlegroups.com>,
rande...@gmail.com wrote:
>He's an old fool, who hasn't put forth ONE DIME since his inane
>proposal was spouted. C'mon you old ass, PAY THE MAN! Nothing is
>stopping this clown from just giving money to the government, there is
>a provision in the tax forms for this.
Democrats in the US are jealous that Great Britain got to implement
their version of a Buffett Tax first. By a Buffett Tax I am referring
to a surtax on evil rich people. In the UK, their surtax on the evil
rich was implemented last spring. It pushed tax rates over 50% for
high-achievers. Equally ignorant of how taxes affect behavior, British
progressives thought that increasing taxes on the rich would gain them
more than £1billion. Oops! Hasn’t happened! The numbers are in and it
looks like their soak-the-rich tax is costing them money. Instead of
increased revenues they ended up losing £509 million.
If you want to see how tax increases will affect our economy, just
implement Obama’s plan to triple the dividends tax. That’s not just a
tax on the evil rich … though progressives would like you to believe
that the only people collecting dividends are fat-cat CEOs … this is a
tax that will affect the retirement accounts of teachers, fire fighters,
middle class Americans, and all of those evil Americans who made smart
decisions, saved, and invested in their future. For all of you Boomers
headed to the polls to vote for Obama in order to protect your Social
Security, consider this: “IRS data show that retirees and near-retirees
who depend on dividend income would be hit especially hard. Almost three
of four dividend payments go to those over the age of 55, and more than
half go to those older than 65, according to IRS data.” This tax
increase is something that effect 51% of Americans.
And while we are on the subject of taxes, take a look at James
Pethokoukis’ explanation of why Obama’s corporate tax plan is a total
bust. If you think that Obama’s plan would make the US more competitive
on a global scale, think again.