February 22, 2009

Sustained growth.

"We can't generate sustained growth without getting our deficits under control," -->President Obama.

Cutting government spending, making it more efficient and taxing the 'richest' Americans." Richest" is a moving target as well, 

In my opinion pulling off government effiency alone would be awesome. I can imagine the Democrats in congress drooling at the prospect of jacking up taxes on the rich.

In this talk of "Fairness" how fair is it to tax someone at a higher percentage?  The top 1% of wage earners pay about 40% of taxes.  You take the top 25% you have 97% paid by them. Then add to that you get a tax return if you pay no taxes.

1 comment:

flyingvan said...

He's jsut applying what they've been teaching forever in the schools. You can figure out who's a 'scholar' and who has actual business experience by their reaction to this statement: "I will increase entitlements and expand government and only tax the welthiest, in order to stimulate the economy and reduce the deficit by half".