26 February 2009

Big Budget, the Rich can't support it

AAL2:

A good opinion piece in "The Wall Street Journal"

http://online.wsj.com/article/SB123561551065378405.html?mod=djemEditorialPage

If you don't bother to read it yourself the basic point is raising the taxes of the wealthist 2% of filers will raise nowhere near enough to cover President Obama's budget. Even if the government were to confiscate every nickel the rich had it wouldn't cover it.

Do you know what this means?

It means we're going further in the deficits for which Pres. Obama criticized Pres. Bush. Otherwise, Obama's going to have to raise taxes on more than just the people above the OWL. Either way he's lied and he is going to hurt the economy.

True Observations (New CUB, defined below)....
As an occasional feature conservativeuncensored.com is going to develop a collection of observations to highlight flaws in liberal thought with conservative thinking.

Observation #1...
"Tax the rich" policies achieve nothing except satisfying the vengance that the bitter and jealous have toward our nations best producers.

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