Full blown fruitloops...“[The President] made a comment like the tax rate is the lightest, even more than (under former President) Reagan,” Rep. Lee Terry (R-Neb.) told The Hill following the meeting.
House Oversight and Government Reform Committee Chairman Darrell Issa (R-Calif.) joked that during the meeting, “We learned we had the lowest tax rates in history … lower than Reagan!”
Its not funny anymore and hasn't been for two and half years.
At least some got the message."The House has taken a firm position against anything having to do with increasing taxes or raising tax rates,"
Now stop spending and the beast can be controlled.
Shameless is too kind....Under the Obama tax plan, the Bush rates would be repealed for the top brackets. Yet the "cost" of extending all the Bush rates in 2011 over 10 years was about $3.7 trillion. Some $3 trillion of that was for everything but the top brackets—and Mr. Obama says he wants to extend those rates forever. According to Internal Revenue Service data, the entire taxable income of everyone earning over $100,000 in 2008 was about $1.582 trillion. Even if all these Americans—most of whom are far from wealthy—were taxed at 100%, it wouldn't cover Mr. Obama's deficit for this year.
I still maintain we will not survive until 2012...Ugh.
Next time your local property taxes go up or the school board says they "they need it for the children", start asking who is getting what........It might be going to folks like this.
He may have done a hell of a job as a superintendent, but like Obummer says, when is enough enough?
