President Obama is at it again. He wants Congress to extend the Bush tax cuts for everybody but the so-called wealthy – that is, anyone making over $200,000 a year, or any family making over $250,000 a year. Surely Mr. Obama knows that if he gets his way the new tax won’t put a dent in the deficit, his supposed reason for wanting to raise taxes on America's top wage earners. Why not? Because it's estimated that a tax on top wage earners would bring in about $85 billon a year. But the federal government spends about $85 billion
Will Class Warfare Work?
Will Class Warfare Work?
Will Class Warfare Work?
President Obama is at it again. He wants Congress to extend the Bush tax cuts for everybody but the so-called wealthy – that is, anyone making over $200,000 a year, or any family making over $250,000 a year. Surely Mr. Obama knows that if he gets his way the new tax won’t put a dent in the deficit, his supposed reason for wanting to raise taxes on America's top wage earners. Why not? Because it's estimated that a tax on top wage earners would bring in about $85 billon a year. But the federal government spends about $85 billion