The only gnashing of teeth will come from the Socialist Progressives / Statists that will be denied what is essentially a dime more for spending and more control. Remember, the Bush tax cuts were back in 2001 and 2003 – once again, the Progressives are trying to redefine our vocabulary – at what point does "repeal" no longer apply? Obama wants to raise marginal tax rates, he raises taxes for ALL of us. But does it really matter – or is this Obama further fundamentally transforming America "for fairness"?
(H/T: The American)
Veronique de Rugy is becoming one of my favorite folks online – she does what I would love to do – the research of data set and presentation by visualization techniques (translations for simple Democrats: make hard stuff easy to understand). In the post, she explains the back ground AND WHY OBAMA IS BEING MISLEADING. Her conclusion?
This is very misleading. Very likely for effect, the president is using aggregate numbers to talk about the tax cuts rather than annual numbers.
Me? More of the "Magician Obama"; watch the hand above and not the hand below – it is not getting his tax hikes that will further make the deficit and debt worse – it is his spending that will, with the trillions in debt needed to finance that spending. Adding up the Green and the Red columns doesn’t even add up to cover the Debt Interest that the Democrat spending is raising.
And only pays lip service to the financing of that debt – the debt that the Democrats (who have controlled Congress since 2006) have pilloried our children with.
In effect, the Democrats have stolen our childrens’ Economic Freedom from them under that debut monster. Essentially, they are financially enslaving our kids future.
Remember, The Bigger the Government, the smaller the citizen
