Thursday, February 14, 2008

Tax Cuts for the Middle Class

Here comes the orator with his
flood of words and his drop of reason.
— Benjamin Franklin

I was listening to a Barack Obama speech today. The man is all fluff. Let's take his position on the economy. From his website, "The Bush tax cuts give those who earn over one million dollars a tax cut nearly 160 times greater than that received by middle income Americans." The esteemed Senator's solution? Provide tax cuts to middle income Americans. Well doesn't that make everybody feel good about themselves. Let's help out the average family while stickin' it to those evil rich bastards.

Oh, then reality slams the Senator's demagoguery. Here's an interesting set of facts. The top 1% of income earners pay almost 40% of all taxes. Even better, the top 50% of income earners pay almost 97% of all taxes. Why do "rich" people get the biggest tax cuts? IT'S BECAUSE THEY PAY THE TAXES! I agree with Senator Obama and his liberal friends: the tax burden in our country is unequal. And it's because "rich" people carry the tax burden, subsidizing government handouts. When is the last time you heard that talked about on PMSNBC or the Clinton News Network?

I ran across the above video of Mr. Iverson (you may remember the incident). If we boiled down the content of the speeches from the good Senator from Illinois, we would find that he has to say about as much as ol' Allen did in his infamous press conference.

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