Tuesday, May 15, 2007

Obama to Increase Taxes

Barack Obama wants to rollback the Bush tax cuts for the rich (aka increase taxes). I guess he hasn't looked at this article noting that revenue collections hit a record in April.

My question to Senator Obama "I know you're a politician, so you're not that smart by definition, but can you see that tax cuts for the rich actually gives you Senators MORE money to blow on bridges, global warming research, and hall of fames?".

This is why I'm convinced that tax increases are more than "revenue generation" for governments it's about control and power. My guess is those future tax hikes will probably have some exemptions for Las Vegas casino interests (Reid constituents) and San Francisco real estate developers (Pelosi constituents).

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