Obama In January: We Have To Deal With This Problem Rationally, Not By Accusing Our Rivals Of Wanting to Harm Seniors
Obama Today: Not For Nothing, But Paul Ryan Just Hired the Mafia To Kill Your Grandma
| Main | Poll: You Know What Obama's Big Advantage Is? That He's Got A Vision For The Country
April 13, 2011

Obama: Hey, I've Got a Great Idea. How About Automatic Tax Hikes That Pass Into Law Without A Vote If We Spend Too Much?

Ah, I didn't catch this. His idea about the automatic "spending cuts" was coupled with the automatic "spending reductions," which is his new code for tax hikes.

He says that if his plan, which doesn't exist, fails to cut spending, which it isn't actually designed to do, some sort of mechanism of automatic "spending reductions" will go into effect.

Which means tax increases. Like reducing the wasteful "spending deduction" of your personal exemption, thereby taxing more of your income.

He views it as unnecessary spending when the government lets you keep your money, and his plan is to have an automated system to keep this money from going out the government door (by which he means remaining in your pocket).

And, even better, at its heart is something the Democrats have always wanted: The ability to raise taxes without even having to risk the public outcry from voting for it.

Per Obama's plan, whenever the government didn't balance its books, "spending reductions" go into effect, like clockwork machinery without further human aid, and just take as much of your money as needed.

Well, he sure is transformative. That much I'll give him.

Via Instapundit.


digg this
posted by Ace at 05:46 PM

| Access Comments




Recent Comments
NaCly Dog[/i]: "Aussie! It's a good day when you pop in. ..."

NaCly Dog[/i]: "Good morning! Let's smile and be happy and str ..."

freaked: "We also gave you the nice looking Hemsworth brothe ..."

All Hail Eris, She-Wolf of the 'Ettes 'Ettes: "We get lollies and funny masks from you lot. . Po ..."

Aussie: "130 Scogg dog We also gave you the nice looking ..."

rammajamma: "I sound like a get off my lawn type but the adult ..."

FireHorse: "Wow. Burns really doesn't do much research, does h ..."

Tonypete: "Morning Horde. Middle son recently watched K Burns ..."

vivi: "I'm gonna send Kevink Williamson a cheap pearl nec ..."

Vic We Have No Party: "142 Vic, According to Apple News NOAA predicts w ..."

FireHorse: "Jello Mold Posted by: Misanthropic Humanitarian ..."

Carol: "Vic, According to Apple News NOAA predicts warmer ..."

Recent Entries
Search


MuNuvians
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
News/Chat
Archives
Powered by
Movable Type 2.64