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Okay, a right wing hack site says that the budget not yet passed will have the highest sustained taxation...with no references to the reports it supposedly quotes, or any of the numbers, or anything else. It is just because they say so. If you don't believe their claims without proof you must be brainwashed, an Obamabot, or a paid shill.
My lord some people will believe anything as long as it's haten' on Obama. Talk about Obama derangement syndrome.
I guess some people didn't learn from the boy who cried wolf about lying.
Okay, a right wing hack site says that the budget not yet passed will have the highest sustained taxation...with no references to the reports it supposedly quotes, or any of the numbers, or anything else. It is just because they say so. If you don't believe their claims without proof you must be brainwashed, an Obamabot, or a paid shill.
My lord some people will believe anything as long as it's haten' on Obama. Talk about Obama derangement syndrome.
I guess some people didn't learn from the boy who cried wolf about lying.
"Under Obama’s budget proposal, according to the CBO, the budget will never balance. But over the next ten years, the federal government would add $7.183 trillion to its debt held by the public." From the link
This seams to be what is coming our way. Short of a radical reversal of the way things are the budget will never balance. It was Ronald Reagan that started this mess with his supply side economics or I should say accelerated it, Obama just inherited it.
What about common sense? Where will our budget deficit end? I remember when the amount we owed was $1trillion. Now our deficit is larger than that. I am not hating on Obama. But Who is going to change things? Who is it that is supposed to change things?
Top marginal tax rate at 90%. that is the way it was in the 1950's when times were good for the US.
Sheesh, not this tired old trope again. The glorious 50's, what a load. Check out life expectancy in the 1950's versus today, the lot of minorities in the 1950's compared to today, any indicator of comfort like air conditioning-central heat-some type of phone, not to mention the vast improvements in standard of living made possible by unimaginable amounts of technology invented and commercialized after the 50's. Also, median income in the 50's compared to today. The crappiest new car available today would make the best vehicle sold in the 1950's look like trash. When it got down to zero, not a car on the block would start. Now we have fuel injection and electronic ignition instead of carberators and points.
But it is a free country. You can pretend like the 50's were a Norman Rockwell painting that was truly wonderful if you want. But you are kidding yourself.
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