Monday, September 19, 2011

The Obama Tax

The fact that Obama seems to like toxic programs that don't take effect until 2013 or beyond, such as Obamacare and the Buffett tax, has given me an idea.

The Republicans in the House should propose and push an explicit Obama tax—a 50% tax rate, across the board (payroll, capital gains, whatever the source)—on anyone making more than $20K that takes effect in 2013 only if Obama is reelected.

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