What is utterly incredible to me is the fact that Sen. Obama can look the TV camera straight on and say with a straight face that raising the taxes on those making over 250K would actually raise meaningful money. It won't. His comments are an attempt to pander to class jealousy and gain him votes. Period!!
What is more incredible is the huge number of people who actually are comforted by his comments.
If Obama, or any politician for that matter, were not such frauds, he and they would be running on the notion of changing the tax code in such a fashion that everyone would pay some federal taxes, from the poorest to the richest. 10% to run the .fedgov. If that won't support the .fedgov then trim it till it does.
What I have never understood is when confronted with the fact that business, industry and government are having trouble, businesses and industry fold up and go away, but government not only is required to maintain the status quo, it also even grows.
How about rather than having everyone who produces something and makes over 250K protest, we ought to shut the federal government down for a month every six months? No pay, no nothing for a month, twice a year. Would improve everyone's planning skills. Can't or won't plan? Too bad, so sad. Got a soft heart? Then better yet, just trim every .fedgov budget by 10% a year till the national debt is gone.