Weekly Address: Tax the Rich!
Barack Obama never lets a week go by without waging class warfare. This time, he hit the Republican budget in his weekly address. “Protecting working Americans’ paychecks shouldn’t be a partisan issue,” he said, making it a partisan issue. “But the budget Republicans unveiled last week would make it harder, not easier, to crack down on financial fraud and abuse. And this week, when Republicans rolled out their next economic idea, it had nothing to do with the middle class. It was a new, more-than-$250 billion tax cut for the top one-tenth of the top one percent of Americans. That would mean handing out an average tax cut of $4 million a year to just 4,000 Americans per year, and leaving the rest of the country to pay for it.” Sometimes we tire of correcting him, but a tax cut is not a “hand out.” The money first belongs to the earner, not the government. Obama and his ilk have it backwards. He continued yammering about “everyone [doing] their fair share” and “middle-class economics,” but the message was the same old leftist redistributionist drivel.
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