Obama Inciting Class Warfare

Our new president was never hesitant to pull the race card to give him an advantage on the campaign trail. I guess we shouldn't be too surprised he's stoking the fires of class warfare:

But there is another, less generous way to describe them: class warfare. Under the administration’s scheme, two percent of income earners will be forced to subsidize what the budget calls “95 percent of working families,” including the 40 percent of Americans who pay no income taxes whatsoever – a redistributionist power grab in all but name. As it applies to politics, one definition of fairness holds that the government should be neutral between its citizens, regardless of the size of their paycheck. Plainly, that is not the definition favored by the Obama administration. And that’s just of one the flaws of the administration’s two-percent solution.

Supposing this soak-the-rich policy was justified, would it be sufficient to cover the costs of the administration’s budget? The answer, it seems, is “No.” After crunching the numbers, the Wall Street Journal concluded that even after increasing taxes on the top two percent of Americans, the administration would still fall far short of its funding ambitions. Indeed, using statistics from 2006, the latest year from which tax figures are available and one that preceded the economic downturn, the Journal concluded that even a “tax policy that confiscated 100% of the taxable income of everyone in America earning over $500,000 in 2006 would only have given Congress an extra $1.3 trillion in revenue. That’s less than half the 2006 federal budget of $2.7 trillion and looks tiny compared to the more than $4 trillion Congress will spend in fiscal 2010.”

In other words, raising taxes on the highest earners won’t pay for the Obama budget. Either the administration will have to scale back its spending proposals or it will have to seek money from taxpayers making less than $250,000. In all the thoroughness of its hundred-plus pages, the budget released yesterday somehow neglected to mention that little detail.

We're starting to see a disturbing trend here; Obama will use fear as a tool to pass his agenda as was painfully evident during the stimulus debate. Now he's playing on the basest of human emotions: envy. In a time when many are hurting financially--a new paradigm for many--Obama and his allies are verbally crucifying those who worked hard to establish themselves, got themselves educated and used their wits to become successful. Many people have a loathing of anyone who makes more than them or is in a higher position in life and Obama is shamefully playing on that.

The Inquirer even made this a front page story but ran a story that is soft on criticism.

As stated above, it will never be enough to soak those who the Dems consider "rich" because those people are incredibly overtaxed as it is and shoulder the largest tax onus. Even if the were to pay 100% of their pay into the treasury (a liberals wet dream to say the least), we'd still never pay the huge bills amassed in a little over a month by this administration.

By marginalizing those who make $250,000, Obama and the Dems are making them the targets of scorn from those who are suffering the worst--a truly dangerous game to play. If you think I'm joking, why not ask the Germans.