TeeJaw Blog

Quote of The Day

Posted in Government and Politics by TeeJaw on Sunday, September 18, 2011, 9: 38 AM

“Yawn. It that it? Is that all you got left? Another freaking tax on rich people? Do you have any idea just how pathetic you’ve become? This sort of crap won’t even motivate your base any more.”

Bill Quick, Daily Pundit,  in response to Obama’s announcement that tomorrow (Monday) he will call for a new minimum tax rate for individuals making more than $1 million a year to ensure that they pay at least the same percentage of their earnings as middle-income taxpayers.

Of course, if such a plan were passed the unintended consequences would be enormous and not entirely predictable.  A market selloff by those with built-in capital gains would be one that is predictable.

Zero Hedge on the “Buffet Rule” from crony communist #1:

In his increasingly desperate attempts to pander to a population that has by now entirely given up on the hope, and barely has any change left, Obama is going for broke (or technically the reverse) by setting the class warfare bar just that little bit higher.

“Millionaire” in Obama’s lexicon is anyone making $200,000 a year.  Small business owners, those who would create most new jobs if Obama would take his boot off their necks, are the targets of Obama’s class warfare.  For much more on this point, go here.

The coyotes in my back yard have weighed in Obama’s latest proposal:

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