POTOMAC WATCH OCTOBER 10, 2008
Obama's Magic
Presto, change-o!
By KIMBERLEY A. STRASSEL
Article
And now, America, we introduce the Great Obama! The world's most gifted political magician! A thing of wonder. A thing of awe. Just watch him defy politics, economics, even gravity! (And hold your applause until the end, please.)
To kick off our show tonight, Mr. Obama will give 95% of American working families a tax cut, even though 40% of Americans today don't pay income taxes! How can our star enact such mathemagic? How can he "cut" zero? Abracadabra! It's called a "refundable tax credit." It involves the federal government taking money from those who do pay taxes, and writing checks to those who don't. Yes, yes, in the real world this is known as "welfare," but please try not to ruin the show.
Ken FallinFor his next trick, the Great Obama will jumpstart the economy, and he'll do it by raising taxes on the very businesses that are today adrift in a financial tsunami! That will include all those among the top 1% of taxpayers who are in fact small-business owners, and the nation's biggest employers who currently pay some of the highest corporate tax rates in the developed world. Mr. Obama will, with a flick of his fingers, show them how to create more jobs with less money. It's simple, really. He has a wand.
More:
http://online.wsj.com/article/SB122360618747721991.html
Obama's Magic -- Wall Street Journal
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Obama's Magic -- Wall Street Journal
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Saying the word Fox News to a Liberal is like holding up aGSXRanger wrote:It's funny that most liberals will not even read this article simply because the WSJ is now owned by the owner of FOX news.
Sad, really sad.
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B 1/44 ADA 9th ID Ft Lewis 88-91 16R10 Vulcan Gunner
31M 63rd ARCOM 88 Oceanside CA
also
RM2 USN 1983-1988
NAVCOMMSTA SD 84-86
32nd ST NAVSTA 86-87
USS Merrill DD 976 86-87
NAS PENSACOLA Naval Aircrewman 87-88