So much has been written about Barack Obama's slippery-slope of his so called "middle class tax cut." The very latest has Bill Richardson on the radio earlier today setting the bar at $120,000 (this is down from $250, $200, and $150k).
Aside for the 'all kinds of wrong' I see with the principals and reasoning behind Obama's "plan," I want to take a moment to point something out.
Barack Obama has tax and budget ideas. We've all heard about them. Many of us scoff at them; others of us praise them. But we would all be wise to remember how things REALLY work.
Presidents don't write laws (including bugets, taxes, etc). They have to ask Congress for these things.
Should Obama be elected to serve as our next President - God forbid - he will have to forward his ideas to Congress.
Whether or not we elect a (gulp) filibuster-proof Democrat majority, leaders Pelosi and Reid will take Obama's plan and use it as a STARTING POINT.
By the time the final package gets to a Prez Obama's desk, you can be sure that the spending will be higher, the tax thresholds will be lower (as evidenced by the already lowering thresholds).
If you think Obama's budget schemes are oppresive now, hang on to your wallets, guys. It's just the beginning.
The fallout from these ill-advised policies would be catastrophic to our economy.
By the time the Axis of Taxes gets through with us, we will long for the breezy fun days of President Carter. (those of us who will there will shiver appropriately)
Don't let it happen. Say no to the Axis of Taxes. Vote for John McCain and Sarah Palin.
UPDATE:Today, Nov 1, an Obama surrogate and former campaign manager for Dick Gephardt (remember him??) was interviewed on FOX News and refused to give any amount as the threshold for Obama tax cuts.
No comments:
Post a Comment