New Proposal From Obama! Additional 10% tax of GDP!
Barry Zero recently dispatched Timmy “we don’t have a plan” Geithner, to negotiate for Zero in an effort to avoid the fiscal cliff.
The rhetoric is well known by now. Obama is pushing to raise the tax rates on couples earning more than $250,000 and individuals earning more than $200,000. He wants to bring their rates back up to 39.5%. The latest estimate is that would generate $82 billion per year. Yours truly and a few others have been saying for a very long time that this doesn’t amount to anything realistic towards fixing our deficit spending. Repubs have finally caught up and starting noting the same thing. Barry Zero made this one of his central campaign talking points. For reasons lost to posterity, no one of prominence made it a point to laugh at Barry Zero for…
View original post 1,219 more words