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The Fiscal Cliff – Don't Jump!

Derek85 Wrote: Nov 24, 2012 7:17 PM
"One has to wonder if the President’s push for tax hikes is motivated not by deficit reduction, but rather by a misguided sense of fairness." The president's push for tax hikes is based on Jealousy. Obama owes everything he has to a series of college and government grants, set-asides, preferential treatment, unearned scholarships, and now political contributions. He has never accomplished anything on his own and is very jealous of anyone who has. He insists on ever higher taxes for successful people and does not care who he hurts in the process.
As the nation nears the so-called fiscal cliff, Republicans in Congress must be wary of the solutions being put forward for a "grand bargain" by President Obama and Democrats in Congress. Unsurprisingly, the President and the Congressional Democrats are using tempting but dishonest rhetoric – calling for "fairness," a "balanced approach," and a "return to Clinton Era tax rates" to balance the budget.

This rhetoric is misleading for several reasons. First, Democrats are not really proposing going back to the Clinton Era tax rates. If income, capital gains and other tax rates were raised to Clinton Era levels, these higher rates would...
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