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Monday, March 2, 2009

How Obama's Taxes will decrease American Output and GDP

The Communist Ideal of wealth redistribution and sitting on your ass while someone else does the work is alive and well in this Administration. To wit:

ABC News: Upper-Income Taxpayers Look for Ways to Sidestep Obama Tax-Hike Plan

A 63-year-old attorney based in Lafayette, La., who asked not to be named, told ABCNews.com that she plans to cut back on her business to get her annual income under the quarter million mark.

"We are going to try to figure out how to make our income $249,999.00," she said.

"We have to find a way out where we can make just what we need to just under the line so we can benefit from Obama's tax plan," she added. "Why kill yourself working if you're going to give it all away to people who aren't working as hard?"

The attorney says that in order to decrease her income she'll have to let go of clients, some of whom she's been counseling for more than a decade.

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