If you want tax fairness, then demand real fairness!
How could I have missed this?
Three months ago, during a Google Plus “Fireside” event, President Barack Obama declared, “This is the most transparent administration in history.”
How could I have missed this?
President Barack Obama and federal lawmakers this year have forced virtually all working Americans to endure a 47 percent increase in the payroll tax they pay, yet many of these same politicians expect us to believe they cannot find good ways to cut federal spending 2 percent.
All that fiscal cliff turmoil for this: a $620 billion tax increase and $330 billion of new spending over the next 10 years, according to the Congressional Budget Office.
Now we know what President Barack Obama really believes. And with this knowledge we have the rationale for his desire to use the force of government — a force always backed up by prisons and guns held by men with badges — to take from some and give to others:
Answer me this: If the president and his economic advisors are right in claiming that the problem with the economy is too little consumer demand, why was consumer spending in the second quarter of this year higher than in mid-2007, before the recession began?