Friday, September 12, 2008

Obama: Experience?...and Check Out His Tax Plan

http://elections.foxnews.com/2008/09/02/obama-i-have-more-executive-experience-than-palin/

snip:

"Barack Obama contends that he is more experienced in executive matters than Alaska Gov. Sarah Palin because he has managed his presidential campaign for the past 18 months."

Wow. Talk about circular logic. So, Mr. Obama, you are qualified to be President because you are running for President?

Don't get me wrong, we all know what so called "experience" has gotten us; a legislative culture filled to the brim with corruption, scandal and downright ignorance. My suggestion to both parties: Drop the experience schtick. You are both lacking on one side or the other. The Repub's are at least heavy where it counts.

http://www.politico.com/news/stories/0708/11670.html

snip:

"Under Obama’s plan to let the scheduled 2011 tax rate hikes occur, and his plan to raise the self-employment tax on those making more than $250,000, the S corporation rate would rise from 35 percent to 39.6 percent. The sole proprietor and partner rate would rise from 37.9 percent all the way up to a staggering 50.3 percent. Many Democrats in Congress have proposed making all small businesses (including S corporations) pay this 50-plus percent rate. A small business tax rate that high would be the highest marginal rate faced by them in nearly a quarter-century."

Unbelievable. Talk about discouraging entreprenuership.

What does punishing the successful imply? Reward for mediocrity, that's what.

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