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Obama’s Plan to Tax Millionaires: Fool You Twice? |
Oh yes, campaign Obama is back! He is once again fighting for the average American and calling for higher taxes on millionaires. Are you falling for his campaign propaganda again?
In a sane world, you would think that millionaires would already be paying at the same tax rate as middle class citizens. However, in banana republic USA, billionaires like Warren Buffett are only paying a 17% tax rate. And why are they paying a lower rate than middle class workers? Oh yeah, that’s right, because Obama recently signed a bill that gave these billionaires a tax cut.
“But, but,” cry the Democratic Obama faithful, “he’s serious now.” After all, billionaires all over the world are getting scared and are calling for tax increases to keep the angry and rioting masses at bay. Yes, that is true, and that is exactly why this call for higher taxes on the wealthy is just a ruse to maintain the tyrannical status quo.
Here’s the deal: if Obama cared about the average American, he would have already broken up the big banks, clawed back banker bonuses and sent Wall Street executives to jail, along with his Treasury Secretary Tim Geithner and Fed Chairman Ben Bernanke.
Has he done any of those things? No, not even close. Instead of holding people accountable, he has rewarded the people who crashed the economy and looted the country.
If he was truly serious about fixing this mess, first and foremost, he would be focused on two things:
1) Breaking up the “too big to fail” banks
2) Ending the system of political bribery (campaign finance, lobbying, revolving door)
Any other talk is meaningless propaganda and a desperate attempt to rearrange the deck chairs on the Titanic. So, if you are still delusional enough to believe that Obama is going to fight for the American public against global bankers and corporate oligarchs, I got some news for you, ignorance will not be bliss for much longer.
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