Obama’s Way to Socialism?
Obama and his Tax Plans. Inspired by Buffet, we wonder if Buffet has cut a royalty deal for himself. After all, the guy is well known for making good deals. From Gallup;
Obama laid out his proposals for the jobs bill in an address to Congress on Sept. 8, and sent the bill to Congress a few days later. Since then, the president has been pushing Congress to adopt the plan, although there are no signs yet as to when either House of Congress will begin to debate the bill.
The president also proposed raising taxes on wealthy Americans in his deficit-reduction proposal announced on Monday at the White House. Republican leaders have responded that this idea represents nothing more than “class warfare,” but the current data show that the majority of Americans generally favor increasing taxes on the rich as a way to increase revenue.
Full article here.