May 5, 2009
I can’t wait to hear Obama-bashers come up with a reason why this is a bad idea:
Barack Obama targets offshore tax havens – Eamon Javers – POLITICO.com.
Likely, it’ll have something to do with “raising taxes during an economic downturn.” But let’s be clear: closing tax “loopholes” is simply another way of saying “eliminating tax shirking.”
I think it would be terrific to have a bank account in Switzerland or the Cayman Islands. But since I’m not Jason Bourne, I have to make due with my domestic account and pay taxes like every other poor schlub out there. Corporations — which are “citizens” when they find it convenient to be — ought to be expected to do the same.
April 15, 2009
Apparently, “TEA” stands for “Taxed Enough Already.” I’m still under the impression that 95 percent of Americans will be receiving a tax cut under Obama’s budget. The only people who won’t be are those making more than $250,000 per year.
And where were these clowns seven years ago?
Dave Johnson wonders aloud over at the Huffington Post:
So regular people who go to these corporate-organized tea parties are asking the government to undo their own tax cuts and reduce their own government services in order to keep taxes low for the very rich. I wonder if people have really thought this through?
April 15, 2009
It’s tax deadline day here in the U.S., and this year, countless dozens of disgruntled CNBC fans are going out to protest government spending by having what they’re calling “tea parties.” The “teabagging” joke has already been made too many times for it to be funny here.
I’m confused on two issues, though. First, why are people lining up to be on Rick Santelli’s side?
He’s this guy.
Basically Michael Douglas from Wall Street:
I guess I’ve been reading this whole thing wrong — the real victims are stockbrokers and traders.
Also, wasn’t the original Tea Party done to protest the American colonies’ lack of representation in the English parliament? I don’t see how that really applies here — I seem to remember an election going on a few months ago.
Final note — I’ve heard a few people claim that this isn’t a “Republican or Democrat thing.” Well, the “Tea Party” being held in my town is going on at the county GOP headquarters. I’ll be interested to see how many Democrats show up.