We Just Want To Spread Your Money Around
Yup .. that’s what the Messiah told a plumber in Ohio today. Apparently the plumber’s business brings in more than $250, 000 a year which I must say is not unusual for a good plumbing business. Understandably he does not like the Obama tax plan. Obama’s answer … hey don’t worry it will trickle up.
OK … so we are going to take cash away from you so people can spend it maybe on you. Love it!
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"We Just Want to Spread Your Money Around"…. Jim, is this "trickle-up" economics?
Just another liberal redistributionist with delusions of being Robin Hood…
Obama says the rich need to pay most of the taxes, but he don't mention the existing disparity between their income vs. their taxes.
According to: http://www.taxfoundation.org/news/show/250.html
Top 1% has 22.06% of AGI, Pays 39.89% of taxes
Top 5% has 36.66% of AGI, Pays 60.14% of taxes
Top 10% has 47.32% of AGI, Pays 70.79% of taxes
Top 25% has 68.16% of AGI, Pays 86.27% of taxes
Top 50% has 87.49% of AGI, Pays 97.01% of taxes
The Bottom 50% has 12.51% of AGI, and Pays only 2.99% of taxes