It’s Not Revenue, it’s Theft

Posted: September 6, 2010, 11:47AM

►Officials: Obama to Link Tax Plan to Hiring

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EXCERPT:

With the job market stuck in neutral, the Obama administration is moving toward using the revenue from expiring tax cuts for the wealthy to finance about $35 billion of tax cuts for small businesses and workers, administration and congressional officials said Friday.

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This is a savvy way of Obama allowing the Bush tax cuts to expire appear more palatable to the public and to the squirmy Democrats who are concerned about their re-election campaigns.

This is not "revenue" as it is being called in the story, it is theft. Who are the rich, by the way, who I’m sure did not give Obama the okay and volunteer to have their hard-earned "revenue" redistributed to small businesses? Are the rich those who make more than $250,000 a year as Obama had said during his campaign? If they are then those people ARE the small business owners.

The jobs that will be lost after Obama steals this "revenue" from the rich will far offset any jobs Obama thinks will be created from redistributing that stolen "revenue" to small businesses.

This is disingenuous because small businesses will suffer from the Bush tax cuts expiring as well.

In his effort to tiptoe around actually saying he’s allowing the Bush tax cuts to expire so as to avoid the obvious political fallout from outright saying so, Obama is using one credit card to pay off another under the auspices of saving small businesses. Who can say no to something so compassionate?

It is a deliberately fraudulent premise; a strategy meant to only deceive us without any regard for the economic fallout that will ensue next year and beyond. Obama thinks he is speaking to a majority of "Useful Idiots" who will never question his premise and who fall for whatever he says every time.

He is terribly mistaken.

Chuck

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