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Higher Taxes on the Rich Mean Higher Taxes on the Rest of Us

tallen Wrote: Oct 30, 2012 9:33 PM
You are so right, this is something I've said every time I hear odumbo say he just wants to raise taxes on the rich. Doing that wouldn't bring in enough money to cover even a fraction of what is needed to cover the 1.6 TRILLION of red ink in the annual budget. By the way since odumbo took office he hasn't had a budget one year, this is the first president to go almost 4 yrs with out a budget.

President Obama repeatedly assures us that he only wants higher taxes on the rich as part of his class-warfare agenda.

But I don’t trust him. In part because he’s a politician, but also because there aren’t enough rich people to finance big government (not to mention that the rich easily can alter their financial affairs to avoid higher tax rates).

Honest leftists are beginning to admit that their real target is the middle class. Here are a few examples.

  • The New York Times 
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