THE BILLIONAIRE GEORGE SOROS FUNDED OBAMA ADMINISTRATION and its current shipwrecked crew of willing abettors in Congress can't seem to stop repeating the lie that by extending the current Bush Tax Cuts, which are due to expire at midnight Dec. 31, Republicans in Congress will be giving new tax cuts to "millionaires and billionaires".
Of course, this is complete hogwash. By extending the current tax rates during the upcoming lame duck session of Congress, the tax rates would simply stay right where they're at for all taxpayers. But this inconvenient fact hasn't kept Obama and his money-leeching liberal minions from continue to propagate this prevarication.
Big O, Nancy Pelosi and Harry Reid all bemoan that extending the current tax rate to the top 2 percent will cost Big Brother over $700B. An honest fact check (something this administration knows nothing about) reveals that not raising taxes on the top income earners won't cost the sticky-fingered government a single thin dime. Why? Because it's not their money to begin with.
I'm not a Nobel Prize-winning math genius, but when does a small business owner and his family earning $250K a year qualify them as "millionaires and billionaires"? Does Obama et al really think the electorate is that stupid?
The good news is that a majority of Americans recognize these lies for what they are, namely big fat lies. So why then does Barry, Nancy and Harry continue to spread this manure?
Answer: SOCIAL JUSTICE!
By allowing the The Bush Tax Cuts to expire on the top income earners, thus significantly raising their taxes, the administration can abscond with the tax booty and spread their wealth around to their Big Labor Union cronies and to those 50 percent who pay no taxes at all. What a deal! As I've already noted in numerous articles, the ends justify the the means (Saul Alinsky) with this cabal.
Daylight is thought to be the most potent sanitizer, so let's shed a little sunshine on some of the real millionaires and billionaires in the Obama Administration and in Congress, shall we?
Jane Harman (D-Calif) $377,275,000
Herb Kohl (D-Wis) $265,629,996
Mark Warner (D-Va) $346,085,992
John Kerry (D-Mass) $258,959,049
Jared Polis (D-Colo) $265,609,998
Jay Rockefeller (D-WVa) $128,416,002
Frank R Lautenberg (D-NJ) $101,856,020
Dianne Feinstein (D-Calif) $101,849,018
Alan Grayson (D-Fla) $77,963,998
Harry Teague (D-NM) $40,275,465
Carolyn B Maloney (D-NY) $62,004,993
Nita M Lowey (D-NY) $54,190,060
Mary L. Schapiro (D) $42,056,000
Hillary Clinton (D) $35,664,000
Eric H. Holder (D) $18,431,000
Steven Chu (D) $7,781,000
Shaun L.S. Donovan (D) $6,098,999
Barack Obama (D) $5,925,000
Eric K. Shinseki (D) $4,574,998
Arne S. Duncan (D) $3,210,000
Timothy F. Geithner (D) $1,878,000
Peter R. Orszag (D) $1,918,000
Lisa P. Jackson (D) $1,300,000
Thomas J. Vilsack (D) $1,518,999
The next time you hear caterwauling coming from the Progressive left about the inherent evils of millionaires and billionaires, just remember, it's these same ruling-elite geniuses who said the trillion dollar stimulus bill would create millions and millions of jobs -- and keep unemployment under 8 percent.
As playwright Tennessee Williams once said:
The only thing worse than a liar is a liar that's also a hypocrite.
Amen to that!