Commentary: Obama’s “Buffet Rule”

Basically Obama is trying to stir up class warfare once more out of fear that he may lose the 2012 Presidential election by attempting to pit the “poor and middle class” against the “rich”. Somehow he thinks dividing Americans will save him a damaging Presidential campaign and that he’ll not have to explain the many failures and lack of leadership over his first term. The days of “Blame Bush” died with the 2010 midterm elections. It’s time for the President to take responsibility for actions and stop wasting time deflecting his poor decisions and policies on to others. If he can’t do so, then he doesn’t deserve to be President of the United States.

Obama Calls On Congress To Pass ‘Buffett Rule’ Tax

“We don’t envy success in this country. We aspire to it,” Obama said in his Saturday radio and Internet address. “But we also believe that anyone who does well for themselves should do their fair share in return, so that more people have the opportunity to get ahead – not just a few.”

‘And how exactly does the government taking successful peoples money and blowing it on failed government projects and stimulus either “fair” or give people “the opportunity to get ahead”? This just show’s Obama’s neo-socialist views that government can create jobs and prosperity through taxation.

While the plan would force millionaires and billionaires to part with more of their money, Congress’ Joint Committee on Taxation estimated that if enacted, legislation reflecting Obama’s proposal would collect $47 billion through 2022 – a trickle compared with the $7 trillion in federal budget deficits projected during that period.

More evidence that this is simply Obama trying to stir up a rabble and ignite the extremist left-wing base of socialists and communists into getting out to support him while trying to imply anyone who is “rich” is somehow evil and bad for America. How about the government truly cut unnecessary spending, something Obama has no interest in since he obviously thinks someone else should have to pay for everything. This is extremely hypocritical considering how Obama uses none of his own wealth to assist his poorer family members, both in the U.S. and elsewhere.

Obama also renewed his call for ending tax cuts for taxpayers earning more than $250,000.

Read that as small business owners, you know the people who pretty much drive local business across this nation. So we clearly see Obama lies when he says he supports small business and then turns around and labels them “rich” in order to tax them. From my perspective someone who make $250,000 from their business is not “rich” whatsoever. I also don’t see how punishing them for being successful through taxation will help others have an opportunity to get ahead unless Obama thinks putting business out of work somehow opens up opportunity. That sort of thinking is simply asinine.

They should call the “Buffet Rule” the “buffet rule” because it isn’t about “fairness” it’s about fat government pigs wanting more taxes to waste on their pet projects while American’s suffer declining quality of life by these same pigs efforts to undermine commerce, opportunity, liberty, and freedom in the United States. Fortunately the so called “Buffet Rule” has about zero chance of passing in Congress, at least for now.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s