Showing posts with label Obama's jobs plan. Show all posts
Showing posts with label Obama's jobs plan. Show all posts

Wednesday, October 5, 2011

OBAMA'S JOBS PLAN IS A BUST! HIS LOGIC IS FAULTY AND NOT REALISTIC


'Fairness' is No Way to Shape Tax Policy

by Tierra Warren
In his latest plan to reduce the national debt, President Obama has proposed a $1.5 trillion tax hike over the next 10 years. The burden would fall mostly on families and small businesses earning more than $250,000 a year.

The President believes these job creators should be taxed higher out of “fairness,” and he has proposed the so-called “Buffet Rule,” named for billionaire Warren Buffet, to ensure they pay their “fair share.” But using “fairness” as a metric for creating tax policy is absurd.