Date Posted:Sunday, September 18, 07:03:55am Author:Dave Zitzkat Subject: Obama Tax on Millionaires
Obama has proposed a tax on millionaires. This is clearly a proposal that is DOA in the House (and after the next election would be DOA in the Republican Controlled Senate as well) so why is Obama proposing it?
Clearly it is a political ploy to get votes in 2012. The idea is that the Republicans will kill this bill as sure as anything you can name. However, Obama's hope is that people will see this and vote for him and the Dumbocrats.
Ain't gonna happen. After Solyndra and several other big spending fiascoes, people see that Obama has no idea what he is doing. Punishing successful people for being successful has always been a dumb idea. Obama's idea of "spreading the wealth" has always been a dumb idea. Give money to people who have no idea how to make good decisions, and they spend it stupidly, and still need more money.
Obama's Socialism has run its course. He will certainly be replaced in the next election.