RANDOM MUSINGS FROM THE TOP OF THE HILL

4/11/2012

NUMBERS

Try to grasp this.  Right now the BHO administration is trying to push the so-called "Buffett Rule" through Congress.  If you haven't heard much about it, you soon will.  It is, of course, a change in the tax laws that would put a higher minimum tax rate on those with income over $1 million.  BHO is obsessed with increasing taxes on the "rich".  The Congressional Budget Office says this new law would collect an additional $47 billion in the next 10 years.  This new law would collect $47 billion in the next 10 years.  Yes, I repeated myself.  Hold on...the government is now spending about that much every two weeks.  I said,  "The government is now spending that much every two weeks."  It's obvious to me that this bill must be just a ploy in the master plan to deflect responsibility for the direction our economy is headed and obfuscate our country's sad financial state.
:-)

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