Wealthy group pushes to be taxed more

Wha? Whoa, wonder when we'll hear about this on Fox?

Upper-income earners who actually want to pay higher taxes have launched a public campaign calling for an immediate rollback of the tax cuts enacted under President George W. Bush.

The group, which calls itself Wealth for the Common Good, believes that people who have taxable income of more than $235,000 a year should support restoring their top federal income tax rate to 39.6 percent from 35 percent - and now, not in 2011, when the higher rate is scheduled to return anyway.

From their Web site:

"Our country is facing the worst economic challenge since the Great Depression and an urgent need to make a long overdue investment in bringing jobs and stability back to our communities. This investment should be paid for, in part, by repealing the Bush-era tax cuts our country cannot afford.

"Those of us with taxable incomes over $235,000 benefited from the upside of the economy during the last decade and profited for eight years from a 2001 tax cut. Now is the time to give back.

From the Dep't. of Let 'Em Eat Cake-- The Bushes' new upscale Dallas home

By GottaLaff

It's bad enough that Bush's New Rules are some of the most offensive Nose-Thumbing assaults on the U.S. one can imagine, even for him. Now we have Laura's blithely oblivious, insensitive little holiday toss-off:

Laura Bush confirmed that she and the President are buying a house in Dallas, about two hours from his beloved Prairie Chapel Ranch in Crawford, Texas.

She broke the news while unveiling the White House’s patriotic Christmas décor this morning, explaining that her family will be "very careful" with spending this holiday to save up for their real estate purchase.

“We will be moving to Dallas in January and there might be a new house coming along. So I think that's where we'll spend our Christmas money," she added.

So they'll actually have residual Christmas money to spend... after they pick up a new house... which will be near their other house... which is part of an enormous "ranch".

I'm simply tickled to pieces that they're able to go shopping with all that extra leftover cash... in all those stores... that no longer exist... because they went under.

Hey! I bet, if all of us are very frugal and wisely save our pennies, we could buy a house, too! Made out of cardboard. Under a bridge. Location! Location! Location!

The couple is said to be looking in the upscale Highland Park area around Southern Methodist University, where Mrs. Bush attended college, and where the president intends to build his library and a policy institute.

I hope they manage to qualify for a decent loan.

And that they, unlike a former Republican presidential candidate we know, can keep track of the number of homes they own.

Obama the Socialist got more votes than McCain from... those who'd get a tax increase

By GottaLaff

I'm chuckling to myself. ::chortle:: Did you hear me? Here I go again, listen carefully. ::snicker:: Why? Irony.

The very people who would go back to paying Clinton-era taxes under an Obama administration voted for the the Spread-the-Wealth Dem over Gramm-pa McSmearPants.

Yes, Joe the Mansion Owner voted for Barack the Socialist:

Daniel Gross notes that exit polls show the rich -- "and yes, if you make $250,000 or more you're rich" -- voted for Barack Obama for president "by bigger margins than did the merely well-off. If the exit polls are to be believed, those making $200,000 or more (6 percent of the electorate) voted for Obama 52-46, while McCain won the merely well-off ($100,000 to $150,000 by a 51-48 margin and $150,000 to $200,000 by a 50-48 margin)..."

"Perhaps most surprising was the result from Greenwich, Conn. The Versailles of the tri-state metro area, the most golden of the region's gilded suburbs, the childhood home of George H.W. Bush, went for Obama by a 54-46 margin -- the first time Greenwich went Democratic since 1964. Who knew the back-country estates and shoreline mansions were populated with so many traitors to their class? (In the 2004 cage match of New England-born, Yalie aristocrats, George W. Bush beat Kerry 53-47 in Greenwich.)"

How very droll.

Sarah the Socialist: "So we share in the wealth..."

By GottaLaff

Well, now, this kinda puts a crimp in IWRC* Palin's message, doesn't it now?

But Palin’s criticisms of Obama’s “spread the wealth” remarks are ironic, as she recently characterized Alaska’s tax code in a very similar way. Just last month, in an interview with Philip Gourevitch of the New Yorker, Palin explained the windfall profits tax that she imposed on the oil industry in Alaska as a mechanism for ensuring that Alaskans “share in the wealth” generated by oil companies:

And Alaska—we’re set up, unlike other states in the union, where it’s collectively Alaskans own the resources. So we share in the wealth when the development of these resources occurs. … It’s to maximize benefits for Alaskans, not an individual company, not some multinational somewhere, but for Alaskans.

In fact, Alaska’s Clear and Equitable Share (ACES) program, which manages the redistribution of oil wealth in Alaska, brings in so much money that the state needs no income or sales tax. In addition, this year ACES will provide every Alaskan with a check for an estimated $3,200.

As Hendrick Hertzberg notes, “Perhaps there is some meaningful distinction between spreading the wealth and sharing it…but finding it would require the analytic skills of Karl the Marxist.”

Uh-oh. Don't look now, but IWRC is looking a little Commie-ish.

*"In What Respect, Charlie?"