He's told many a whopper this campaign season, but today I saw coverage of portions of three different rallies. At each one he kept invoking the same thing.
"For the last eight years - we kept giving more and more to the wealthiest among us."
Now wait a second. Argue all you want about what percentage of graduated tax rates should or should not be (I personally believe ALL graduated tax rates to be immoral and made the clear case against them in my first book.)
But no one GAVE the wealthy earners anything...
They earned high salaries, because they held jobs that PAID them high salaries. In other words they put in a full days effort, and because they had the right experience, know how, intellectual capacity, and abilities - they convinced the companies they worked for to pay them "X" amount of dollars for those hours of service rendered. (Just like Michelle Obama did when the little scandal about her position at the public hospital had never paid more than $180,000 per year, but somehow she was able to get them to pay her $300,000 plus.)
Know how, experience, network, and capacity are all marketplace commodities and one SHOULD be able to make more money than someone else if they know the job better, have done it successfully, and achieve the objectives set before them.
Nonetheless - those people are still WORKING for what they get. And to think, as Barack Obama has been saying publicly for the last few days, that the American people were giving tax dollars to those earning in the top percentage is just a LIE!
Those people still pay MORE taxes than anyone else. And under the slightly reduced tax burden that they've enjoyed under the Bush economic plan - they still created more jobs, and more wealth for many additional citizens by re-investing their earnings into the workplace as well.
When THE ONE says "taking from the poor, and giving to the rich" he is flat out, 100% telling falsehoods, he knows it.
Further he doesn't care about truth and has not for months now...
Further his economic plan will bring about ruin to the poor people he has promised hope and change to - and he is either too dumb, or too dishonest to know it.
Neither scenario is especially hopeful in these challenging economic times.