Comrades, We Have Found the Other Shoe!
Where's that other shoe? We've got one, where's the other?
Oh, there it is, from the White House closet, dropping right now ...
The Washington Post confirms this morning that the Obama Budget will include tax hikes for businesses and "the rich," so that they may more patriotically fight for their country, I presume.
According to the WaPo, "the rich" is defined as anyone making over $250,000 -- whew, what a relief! I was afraid those "bastards" might be defined downward a bit further. That's right, Mr. President! Give 'em what for! No one ever cured a sick child without taxing the rich! No one ever fed a homeless mother without first taking the wallet from the Fat Cat! No one ever created a job without first soaking the undeserving rich and providing the unemployed with government-issue shovels for "ready" ditch projects.
More good news, comrades! Taxes on the evil businesses will be rising 33% as the capital gains rate is proposed to rise from 15% to 20%. That will teach those greedy rich people to be more patriotic and hire more folks and give them big raises!
And if that weren't enough to get you excited enough to march on a Sunday morning, the WaPo reports that
Obama's budget request would create "running room for health reform," the official said, by reducing spending on some health programs so the administration would have money to devote to initiatives to expand coverage. The biggest target is bonus payments to insurance companies that run managed-care programs under Medicare, known as Medicare Advantage. [SNIP]By lowering Medicare age and raising the SCHIP age to 26, that leaves only 29 years that an American would have to be worried about actually holding a job and paying their own damn health insurance premiums!
Officials also are debating whether to permit people as young as 55 to purchase coverage through Medicare. That age group is particularly vulnerable in today's weakened economy, as many have lost jobs or seen insurance premiums rise rapidly. The cost would depend on whether recipients received a discount or were required to pay the full price.
Hurrah! It won't be anytime at all before the economy turns around and we all reap the benefits of enlightened government planning. Let's not wear these shoes! Let's throw 'em!
Labels: Fun With Taxes, Galloping Socialism
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