walkitout (walkitout) wrote,
walkitout
walkitout

Obamanomics, according to Boskin

http://online.wsj.com/article/SB121728762442091427.html

A number of questions spring to mind here, like, um, _what_ state has an income tax of 10.3%? And has Obama _really_ suggested that that would no longer be deductible against income? And even so, isn't that just the highest _marginal_ rate? That's never going to be 60-some-odd percent from go. That's going to be 50 some odd percent from, like, every dollar over, oh, I don't know, but probably well into the 100Ks, maybe not until 200 something.

Can I just _cry_ for you?

So the table is annoying. The commentary is worse. Whatever. I just want to go on record here. I'm not one of those idiots out there who is opposed to raising taxes because I'm afraid I might some day win the lottery (figuratively or metaphorically) and I Don't Want the Guvmint To Take All My Money From Me.

Nope.

I'm one of those smart people who thinks that an equitable society is a stable society and we need to reverse this destabilizing trend away from equitability, and I'm more than happy to pay my fair share, seeing as how I got to hoover up some spare change lying around on the carpets of the tech boom some years ago. And while I'm not old enough to remember top marginal rates aboove 70%, I've read about 'em. And I wish we could bring 'em back. That's one way to ensure that top executives don't get paid ridiculous amounts.

Go Obama! Soak the rich. I'm good with that. About time, in fact. Desperately needs to be done.

And while you're at it, let's seriously get some socialized medicine and regulate the hell out of medical care in this country.

I swear, I am _NOT_ being sarcastic. I'm pregnant, or I'd be breaking out the whisky right about now and proposing toasts to R. about who should be first up against the wall when the revolution comes.
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