« Don't insult the Edsel by comparing it to the Volt | Breast cancer screening, abortion, and money for Planned Parenthood »
February 3, 2012
Should the GOP support 'The Buffet Rule?'
With such a catchy name as The Millionaire's Tax, who would oppose such a tax? No one I know, that's for sure and that's the point. The tax is designed not to raise revenue, but to get Republicans into a high profile media fight to protect those "millionaires and billionaires" with whom the Obama administration wants the public to associate them. This is nothing new. President Obama has been playing the class warfare game for months but we have to look only at Candidate Obama's own words to see his true objective. When asked by Charlie Gibson if he knew that raising the capital gains tax resulted in a decrease in revenue, Mr. Obama responded "Well, Charlie, what I've said is that I would look at raising the capital gains tax for purposes of fairness." When questioned by Joe the Plumber regarding a tax increase, Mr. Obama responded "I think when you spread the wealth around, it's good for everybody." It is clear, that at the very least, the...(Read Full Post)