A Patriotic Response To The "Clown Prince;" 04/14/2012
District of Corruption
April 14, 2012
One of the fundamental challenges of our time is building an economy where everyone gets a fair shot, everyone does their fair share, and everyone plays by the same rules. And as many Americans rush to file their taxes this weekend, it’s worth pointing out that we’ve got a tax system that doesn’t always uphold the principle of everyone doing their part. Now, this is not just about fairness. This is also about growth. It’s about being able to make the investments we need to strengthen our economy and create jobs. And it’s about whether we as a country are willing to pay for those investments. In a perfect world, of course, none of us would have to pay any taxes. We’d have no deficits to pay down. And we’d have all the resources we needed to invest in things like schools and roads and a strong military and new sources of energy – investments that have always bolstered our economy and strengthened the middle class. But we live in the real world, with real choices and real consequences. Right now, we’ve got significant deficits to close. We’ve got serious investments to make to keep our economy growing. And we can’t afford to keep spending more money on tax cuts for the wealthiest Americans who don’t need them and didn’t even ask for them.
[What I'm not telling you: As you've found in the past three-plus-years, the truth has no place in my rhetoric! This has nothing to do with tax receipts to help fend off the continuing owe-bamaGeddon; it has nothing to do with fairness. This is all about my re-immaculation as your exalted ruler!! At the outset, let's define 'fairness:'
1. The state, condition or quality of being fair; free from bias or injustice; evenhandedness.
2. The quality of being light of hair or complexion.
Just by virtue of this definition, the 'Buffett Rule' has no place in in federal governance; in federal taxation code. There's nothing 'fair' about my proposal save the color of the paper on which it's printed! The 'Buffett Rule' is but one example of many in my class- and economic-warfares. The truly unique aspect of the 'Buffett Rule' is that it pits nearly every adult of working age against the most fortunate among us. Those 46% (the wagon-pullers) combined with the 52% (the wagon-riders) against--at most--several hundred high-earners!! This is right out of the Benito Mussolini 'Equalization' handbook!! Mussolini and your exalted ruler have many of the same character traits in common; that's blather best left for another opportunity.
This latest attempt to further the class and economic warfare has no chance of passing through the Congress to become law. I know that. This is all for show! As I'm losing my grip on the very electorate that swept me into power in 2008, something must be done to continue my reign until 2016! The current mindset of said electorate is wholly unexpected; we had not planned for any opposition going into the 2012 campaign.
The 'Buffett Rule'--as proposed tax law--does not have even a modicum of impact on the huge deficits I've attained in the last three-plus-years. Until those 4,000 affected U.S. millionaires become ex-patriots, the 'Buffett Rule' is expected to generate--comparatively--a measly $4.7 billion, annually. Let's check out the math, here so my loyal subjects can see how infintesimal the 'Buffet Rule' receipts will be in the whole scheme of things:
1. On average, there are 2,080 work-hours per year, and
2. The 'Buffet Rule' projection is $4.7 billion in essentially needless receipts, which equals $2, 259,615.30 PER HOUR to the Treasury, and
3. MY owe-bama Regime--just during the month of February, (but 29 days)2012--spent $232 Billion; which equals $11.5 billion-per-day; which equals $480 million per-HOUR, and
4. If the 'Buffett Rule' were currently in effect, this 'fuzzy-math' exposes $477,741,000--and change--in additional deficit spending, PER HOUR!!
If fairness' were really the objective-of-the-day, the 'Buffett Rule' is blatantly unfair as written!! What about MY 'chosen majority;' those who feed off the government tit and pay absolutely zero-point-shit for the privilege?!? You--of course--know of whom I speak: The WelfareRAT!!
If fairness were really the objective-of-the-day, the Alternative Minimum Tax (AMT) would be scrapped in favor of a Standard Minimum Tax which would tax ALL INCOME equally, be it from the government tit or actual hard work and wise investments!!]
Warren Buffett is one of the wealthiest men in the world. But he pays a lower tax rate than his secretary. That’s just the way the system is set up. In fact, one in four millionaires pays a lower tax rate than millions of hardworking middle-class households. As Warren points out, that’s not fair and it doesn’t make sense. It’s wrong that middle-class Americans pay a higher share of their income in taxes than some millionaires and billionaires. This week, Members of Congress are going to have a chance to set things right. They get to vote on what we call the Buffett Rule. It’s simple: If you make more than $1 million every year, you should pay at least the same percentage of your income in taxes as middle-class families do. On the other hand, if you make less than $250,000 a year -- like 98 percent of American families do -- your taxes shouldn’t go up. That’s all there is to it. It’s pretty sensible. Most Americans support this idea. One survey found that two-thirds of millionaires do, too. So do nearly half of all Republicans. We just need some Republican politicians to get on board with where the country is. I know they’ll say that this is all about wanting to raise people’s taxes. They probably won’t tell you that if you belong to a middle-class family, then I’ve cut your taxes each year that I’ve been in office, and I’ve cut taxes for small business owners 17 times.
[What I'm not telling you: Please bear in mind, I've made it my personal objective--in each weekly blather opportunity--to include at least one truth. This week, that one truth is the sentence:
"That's just the way the system is set up."
The tax code is written to compensate those who actually take the risk of investment in infrastructure, in businesses of all sizes as well as those who actively invest for job creation. The 'Buffett Rule' misconstrues this concept from start-to-finish!
1. MY owe-bama Regime pits 113,396,140 income-tax filers at all levels against those 4,000 millionaire taxpayers targetted by the 'Buffett Rule.'
2. MY owe-bama Regime pits the current annual tax revenue of $2.258 TRILLION against the possible, additional 'Buffett Rule' revenue of--a comparatively miniscule--$4.7 BILLION, for no logical reason other than class-warfare!!
As I said previously, my--self-imposed--one-truth rule has already been satisfied. Everything herein is--again, by my rule--pure bullshit!! All those tax cuts your exalted ruler gave both individuals and businesses are either the continuation of previous tax cuts about to expire or they originated in barackingham Palace and were coupled with fees and regulations designed to force a net-gain to the Treasury!!]
But the thing is, for most Americans like me, tax rates are near their lowest point in 50 years. In 2001 and 2003, the wealthiest Americans received two huge new tax cuts. We were told these tax cuts would lead to faster job growth. Instead, we got the slowest job growth in half a century, and the typical American family actually saw its income fall. On the flip side, when the most well-off Americans were asked to pay a little more in the 1990s, we were warned that it would kill jobs. Instead, tens of millions of jobs followed. So we’ve tried this trickle-down experiment before. It doesn’t work. And middle class families have seen too much of their security erode over the past few decades for us to tell them they’re going to have to do more because the wealthiest Americans are going to do less. We can’t stop investing in the things that will help grow our economy and create jobs – things like education, research, new sources of energy – just so folks like me can get another tax cut. So I hope you’ll ask your Member of Congress to step up and echo that call this week by voting for the Buffett Rule. Remind them that in America, prosperity has never just trickled down from a wealthy few. Prosperity has always been built by a strong, thriving middle class. That’s a principle worth reaffirming right now.
[What I'm not telling you: Now we come to the George Soros methodology. Even when Mr Soros fed me this research for this week's blather opportunity, I thought--and still think--it's just more of his tax-and-spend bullshit! But, it does fall in line with my--Saul Alinsky inspired--socio-fascist mantra. Mr Soros' advice:
"....we've tried this trickle-down experiment before. It doesn't work;"
only considers a small part of tax-versus-growth history in the United States. Mr Soros failed to have those Soros-funded websites fully research his statements; his blather suggestions. Had he gone back to the "Ronaldus-Magnus" era he would have found that President Reagan sheperded in the greatest period of growth in modern times-a record 51 continuous months of unprecidented GDP growth!! That was never achieved prior; has not been achieved since!! In the ten years that included the two terms of the Reagan Administration, tax revenue to the Treasury increased by 50--FIFTY--percent!!
On a personal note, both "Michelle Antoinette" and I--your exalted ruler--have agreed to take advantage of the very same tax code rules we're vilifying 'The Four-Thousand' for using. We've both donated $12,000 EACH, to EACH Princess owe-bama; that's a total of $48,000, more money than the vast majority of American workers make. I--your exalted ruler--have arrived at the Warren Buffett level of taxation: I--your exalted ruler--paid a lower percentage in taxes than my former secretary, Katie Johnson!! When all was said-and-done, I--along with "MIchelle Antoinette"--paid an effective rate of 20.5% ($162,074 in taxes on an AGI of $789,674); while Ms Johnson paid 24% ($21,663 in taxes on an AGI of $90,000)!! And.... I didn't create one-lousy-job to get where I am, tax-wise!!!
There is a side-benefit to all this taxation-based class-warfare: I--your exalted ruler--will hammer Mitt Romney into releasing his current tax records; then I--your exalted ruler--will hammer him for paying a--relatively--miniscule amount on suspected high earnings. See, the stupid people I--your exalted ruler--play to, don't care that they're only getting half the information; just enough to make the decision I--your exalted ruler--want them to make: RepublicRATics earn big money-pay little taxes! They don't need to know Mr Romney is paying the correct rate as enumerated in the current tax code!!
Just like 'Sherman Helmsley' said:
"We're movin' on up.... to the East Side; To that mansion in the sky!!!"]