Obama Pushes For ‘Buffet Rule’
Yesterday, President Obama went on the offensive to ask America to help him make millionaires pay their fair share – 30% of their income or better known as the “Buffet Rule”. Obama said:
I want folks to get rich in this country. It’s wonderful when people are successful. That’s part of the American dream. But we have to understand the share of our national income going to the top 1 percent has climbed to levels we have not seen since the 1920s. The folks benefiting from this are paying taxes at the lowest rates in 50 years. That’s wrong. That’s not fair. We have to choose the direction this country will be going in.
As a Democrat pollster said:
Tags: President Obama
Look at the following ficticious story. Once apon a time a dad had two teenage sons named willard and barry. They both got ten dollars allowance. Willard always waisted his money right away, but Barry always saved half his money. One day Willard asked dad for a bigger allowance, he told dad he always ran out of money. Dad say no, that was all he could afford. Willard persisted, dad, just get it from barry, he is rich, he has $1200, saved up. No said dad, it is not fair to take barrys money, just because he is careful with his money, besides, if I give you more money, you will just blow more money. that summer, barry took his $1200 that he had been very thrifty the last year to save up, and started a lawn mowing service. He bought two lawn mowers and two trimmers, and hired two part time helpers. Barry landed 10 mowing jobs per week, each paying $15, for a total of $150 per week. Barry brought in a total of $3000 revenue for the summer. He paid 40 percent or $1200 to his workers, $600 each. Barry paid 20 percent for maintenance and gas, and kept 40 percent, $1200 for himself. So barry had
So barry had made an extra $1200 and hired two workers all because barrys dad would not let willard take the job creators money