The more I observe Obama the more certain I am that I was right when I characterized him as a Marxist. Apparently his liberal base are now talking about something called “shared sacrifice” as a justification to steal their money through excessive taxation. The basis of Marxism is “from each according to his abilitiy to [...]
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from within? This was Clinton’s Chief of Staff, and he’s correct, and the article should be required reading for everyone…how do liberals believe that we are gonna “tax the rich” enough to cover this enormous burden that Obama has saddled us with? (you could take away ALL their income and it wouldn’t be covered) The [...]
Effective Individual Income Tax Rate: Lowest Quintile: -6.5% 2nd Lowest: -1.0% Middle Quintile: 3.0% Fourth Quintile: 6.0% Highest Quintile: 14.1% Top 1%: 19.4% While Buffett’s effective tax rate is pretty low, it’s average for his tax bracket and quite high compared to the effective tax rate for most of America. The other issue constantly pointed [...]
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