Watch Stephen Moore shred Barack Obama's re-election strategy based on the need for
"fairness"....
1. "President Obama has frequently justified his policiesand judged their outcomesin terms of equity, justice and fairness. That raises an obvious question: How does our existing systemand his own policy recordstack up according to those criteria?
2. ...the richest 1% of Americans pay nearly 40% of all federal income taxes, and the richest 10% pay two-thirds of the tax....the richest 10% of Americans shoulder a higher share of their country's income-tax burden than do the richest 10% in every other industrialized nation,fair?
3. ... President Obama sends his two daughters to elite private schools that are safer, better-run, and produce higher test scores than public schools in Washington, D.C.but millions of other families across America are denied that free choice and forced to send their kids to rotten schools...fair?
4. ...Americans who build a family business, hire workers, reinvest and save their moneypaying a lifetime of federal, state and local taxes often climbing into the millions of dollarsmust then pay an additional estate tax of 35% (and as much as 55% when the law changes next year) when they die,...fair?
5. Is it fair that Treasury Secretary Tim Geithner, former Democratic Senate Majority Leader Tom Daschle, former Ways and Means Chairman Charlie Rangel and other leading Democrats who preach tax fairness underpaid their own taxes?
6. ...roughly 88% of political contributions from supposedly impartial network television reporters, producers and other employees in 2008 went to Democrats...fair?
7. Is it fair that wind, solar and ethanol producers get billions of dollars of subsidies each year and pay virtually no taxes, while the oil and gas industrywhich provides at least 10 times as much energypays tens of billions of dollars of taxes while the president complains that it is "subsidized"? Fair that some of Mr. Obama's largest campaign contributors received federal loan guarantees on their investments in renewable energy projects that went bust?
8. ... federal employees receive benefits that are nearly 50% higher than those of private-sector workers whose taxes pay their salaries,...fair"
9. Is it fair that nearly four out of 10 American households now pay no federal income tax at alla number that has risen every year under Mr. Obama?
10. Is it fair that our kids and grandkids and great-grandkidswho never voted for Mr. Obamawill have to pay off the $5 trillion of debt accumulated over the past four years, without any benefits to them?"
Stephen Moore: A Fairness Quiz for the President - WSJ.com
Atta-boy, Stephen!!!
So....wanna talk inequality???
"fairness"....
1. "President Obama has frequently justified his policiesand judged their outcomesin terms of equity, justice and fairness. That raises an obvious question: How does our existing systemand his own policy recordstack up according to those criteria?
2. ...the richest 1% of Americans pay nearly 40% of all federal income taxes, and the richest 10% pay two-thirds of the tax....the richest 10% of Americans shoulder a higher share of their country's income-tax burden than do the richest 10% in every other industrialized nation,fair?
3. ... President Obama sends his two daughters to elite private schools that are safer, better-run, and produce higher test scores than public schools in Washington, D.C.but millions of other families across America are denied that free choice and forced to send their kids to rotten schools...fair?
4. ...Americans who build a family business, hire workers, reinvest and save their moneypaying a lifetime of federal, state and local taxes often climbing into the millions of dollarsmust then pay an additional estate tax of 35% (and as much as 55% when the law changes next year) when they die,...fair?
5. Is it fair that Treasury Secretary Tim Geithner, former Democratic Senate Majority Leader Tom Daschle, former Ways and Means Chairman Charlie Rangel and other leading Democrats who preach tax fairness underpaid their own taxes?
6. ...roughly 88% of political contributions from supposedly impartial network television reporters, producers and other employees in 2008 went to Democrats...fair?
7. Is it fair that wind, solar and ethanol producers get billions of dollars of subsidies each year and pay virtually no taxes, while the oil and gas industrywhich provides at least 10 times as much energypays tens of billions of dollars of taxes while the president complains that it is "subsidized"? Fair that some of Mr. Obama's largest campaign contributors received federal loan guarantees on their investments in renewable energy projects that went bust?
8. ... federal employees receive benefits that are nearly 50% higher than those of private-sector workers whose taxes pay their salaries,...fair"
9. Is it fair that nearly four out of 10 American households now pay no federal income tax at alla number that has risen every year under Mr. Obama?
10. Is it fair that our kids and grandkids and great-grandkidswho never voted for Mr. Obamawill have to pay off the $5 trillion of debt accumulated over the past four years, without any benefits to them?"
Stephen Moore: A Fairness Quiz for the President - WSJ.com
Atta-boy, Stephen!!!
So....wanna talk inequality???
