President Zero is doubling down on stupid. He's really drawing a line in the sand, again, and demanding higher taxes. During a recession. But it's OK! Because he's going to Tax The Rich. Like Warren Buffett, and anybody else making more than $1 million dollars per year.
He's even got a catchy slogan — It's not class warfare, it's math!
Too bad he flunked math in college. (Yeah, I know, he won't release his college transcripts so we can't know he flunked math, but we can guess because his lame attempt at class warfare doesn't add up.)
Here's Obama Math. The new Buffett Tax will only raise $700 billion, far less than the $1.5 trillion Barry is touting in his New Math calculations. The other $800 billion comes from repealing the Bush era tax cuts on couples making more than $250,000 and individuals who earn more than $200,000.
Because folks who earn $200K are just like Warren Buffett. And socking it to them is absolutely not "class warfare." Honest.
Besides, after 5 years that $200K equals a cool million anyway. Marxists love them their Five Year Plans so maybe that there is the crux of Obama Math — it's not "class warfare" if he doesn't tax you into penury before 2017.
By the way, can anyone remember which presidential candidate back in 2008 said the last thing you want to do is raise taxes during a recession? Here's a hint, he's currently out of ideas. Which come to think of it means he's really about to do "the last thing."
Obama Math, it's so simple only a liberal can do it!
UPDATE 21 Sep 2011 09:21:
Linked by Doug Ross. Thanks!
Posted at 20:52 by Chris Wysocki
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