Showing posts with label The Rich. Show all posts
Showing posts with label The Rich. Show all posts

Thursday, April 14, 2011

The Obama Budget Plan

Here’s the breakdown on taxing the rich, the Obama Plan.

72 million are what are called “Mega Rich” those that make $10 million a year or more or $720 million

About 315,000 make $1 million to $10 million a year or averaged at $1.5 trillion

Approximately; 4 million make $200,000 to $1 million a year or $400,000,000 a year at the most.

All of this money confiscated together would add up to less than $2 trillion, the deficit is $14 trillion and that all depends on how much we spend each year on our budget and Obama is getting dangerously close to that $4 trillion a year figure, we’ll never catch up

This equates to a family of 4 making $46,000 a year and spending $78,000 a year. How are they going to pay that credit card bill of $32,000?

Does Obama think that he can take all of the money from the rich and give it to the poor?
This was tried a few times in history, it was called communism and it failed everywhere it has been tried.

Why is he hell-bent on taking us there?

What this plan represents is that 5 million Americans pay for the other 330 million.

Does this sound fair?

How many poor people gave you a job?