I cannot believe this isn't getting more play.

This is a honking big Rubicon that Obamanomics is demanding we cross...

New and expanded refundable tax credits would raise the fraction of taxpayers paying no income taxes to almost 50% from 38%. This is potentially the most pernicious feature of the president's budget, because it would cement a permanent voting majority with no stake in controlling the cost of general government.

Catch that?

Congratulations, Obamerica - go ahead and try to vote yourselves rich.

I'll be going Galt.

As they say, read the whole thing.

Posted by: DocJ at 07:10 PM | No Comments | Add Comment
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Sure, it's a great time to tax the daylights out of producers.

Hope and Change.

The nation's unemployment rate bolted to 8.1 percent in February, the highest since late 1983, as cost-cutting employers slashed 651,000 jobs.

Yep, an abso-freakling-lutely perfect time to "soak the rich" - just when you're counting on self-same rich to, you know, invest the money to put people back to work.

Nah - it's just so much easier to just borrow from our kids to do that.  Isn't it.

Shocking that Wall Street is giving this savant a vote of "No Confidence", no?
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Posted by: DocJ at 08:57 AM | No Comments | Add Comment
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Is it "Oops"? Or "It's all going according to plan"?

I tend to avoid alleging malice when simple idiocy will do - but I do find that I'm starting to fall into the category of "People Who Think Barack Obama Is Doing It On Purpose"


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Posted by: DocJ at 09:32 AM | Comments (1) | Add Comment
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