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?

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