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November 09, 2012

Obama Presser: Give Me My Tax Hikes On Those Making $250,000 Or More Right Now, Before Anything Else, As a Show of Good Faith

He just finished speaking.

I can't believe we have to listen to this guy for another four years.

I can't believe it. I really can't. I'm still processing this-- this happened.

Another four miserable, impoverished years.

Here's an idea. I don't know if this is a good idea. I imagine some will be pretty angry about it.

8 of the 10 wealthiest counties in the country voted for Obama, and thus higher taxes.


Here's my compromise solution. Let's agree to raise taxes on income greater than, say, $600,000 per year. Or better yet-- $1,000,000 year, which is what Joe Biden claimed their policy was in a debate.

But we'll insist that investment income rates be lowered.

Why? Because Hollywood-types and other celebrities (rappers, athletes, Bruce Springsteen) make a lot in income.

They want their income taxed at higher rates? Fine. You got it.

I know a lot of "innocent" Republicans will be trapped by this. That's why I don't know if it's a good idea. But it seems likely to me we will lose (Obama doesn't mind if he crashes the US economy by taking us over the cliff; he'll get a poll boost out of it).

So punish those who voted for this. It's what they wanted; give it to them.

And also change the rules of charitable deductions that things that celebrities donate -- their old shoes (for auction), their appearance at a gala -- cannot be counted as actual charitable deductions for tax purposes. Only cash counts, baby. So Kathy Griffin (or whoever) can't just keep reducing her taxes by occasionally showing up for an hour at an AIDS benefit.

Let us work assiduously to make sure they pay their "fair share." Vindictively, even.

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posted by Ace at 01:17 PM

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