Obama, Bend Over Like the Buttboy You Are
Well, that’s what I wish the media would say, by way of finally, FINALLY asking Barack Obama meaningful, tough questions on major policy positions. Peter Kirsanow has—OUCH!—come up with some real butt-stingers in his latest entry for National Review Online, on this page.
The tax issue in particular grabs my immediate attention: Obama has indicated his desire to cornhole Americans who have the temerity to work hard and excel (Americans who, by the way, already pay a pirate’s ransom in taxes). Steve Moore from the Wall Street Journal has calculated the consequences of Obama’s tax schemes: an increase to 39.6% in personal income tax, a 52.2% combined income and payroll tax, 28% capital-gains tax, 39.6% dividends tax, and a 55% estate tax.
How many times can a single dollar get taxed? I don’t even know where to begin in describing the thievery that is already being perpetrated upon the American people by Congress, much less the unchecked piracy Obama proposes.
These policies will not end poverty. They will not transform the lives of people who make nothing but shitty life decisions that land them (and keep them) in poverty; they will not create jobs for the jobless, and they certainly will not Save the World, as Obamaniacs relentlessly, and against all reason, continue to think. What these policies will do is very effectively prevent ambitious, risk-taking achievers from reaching the pinnacle of their entrepreneurial and wealth-creating skills, and thereby creating opportunities for everyone else.
To “make it” in America, you almost always have to be hard-working, determined, and willing to take on a shitload of debt. Yes, you sometimes see prodigies who, through sheer talent, luck, and charisma, become millionaires or even billionaires. But almost always, the people who make it big busted their asses for years while their peers were having fun and “finding themselves.” They took out gigantic student loans because otherwise, they couldn’t get the degrees they needed in order to become professionals and serve society by inventing brilliant shit or just grinding their way to excellence the old-fashioned way: step by step by excruciating, grey-hair-making step.
Obama wants to take these people by the hair and slice almost half their income off the top, and that’s not counting state, property, and sales taxes. Think an Injun scalping, without the cinematic gore appeal.
I’m an attorney with two advanced degrees. I’ve worked my butt off (figuratively—I only wish it was literally) to earn those degrees, and on a personal level, I’ve not had an easy life by anyone’s standards. Yet, because of the vast smorgasbord of taxation my income is exposed to each and every month, I still live hand-to-mouth.
My goal when I began law school was to donate at least $100 a month each to the ASPCA and the National Center for Missing and Exploited Children, just for starters. As of my second year in law school, I expanded that list to several Israeli and Palestinian human rights and missionary programs, as well as the Innocence Project. Guess how much money I have left over to donate to those worthy causes, now that I am a “rich” lawyer according to Obama?
That’s right, zero. Instead of donating money to private groups that will actually apply the majority of my donation to its intended target, I now forcibly “donate” over a third of my income to illegal immigrants, lazy welfare-program-exploiting baby factories, and every other sham charity front erected by the most shameless freeloaders in American society today: you know them as “Congress.”
I wonder how many cents on every tax dollar actually make it to “the poor” or “the children” in this country. Does anyone have the latest statistics? I would look them up, but I’m in a bit of a passion at this point and I need to lie down.
I’m just going to think of that hot British soldier from the 20/20 program. Aaaah, that’s the ticket.