The Kind-Hearted Smart Aleck

Yeah, that's right. The arguable front-runner to become the Republican nominee for the 2012 presidential election's tax plan would increase taxes for 83.8% of this country. Republicans recently voted down the American Jobs Act, which would have resulted in a raise of taxes for the top 1-2%, meaning that 98-99% of the country would be unaffected. In Cain's plan, those making anywhere from under $10,000 to $200,000 would see a mean tax hike of $3,381.75, a 950% spike for those making between $10,000 and $20,000 a year. For those making between $200,000 and over $1,000,000? They'd see a mean tax cut of $175,297, including a $455,247 tax cut for those making over $1,000,000. That's right, folks. The anti-tax party, also know as the Republican Party, is a strong opponent of a plan which would increase taxes on the 1-2% wealthiest in this country while leaving 98-99% unscathed, yet support a plan which would increase taxes on the bottom 84%, with the top 16% being the b...

Surprise, surprise... It's funny how the party ran on the notion of creating jobs, yet if a Democrat, President Obama in particular, proposes a way of creating jobs, they decide that creating jobs isn't so important after all. GOP 2012 - Creating jobs for the American people, unless a stupid, commie liberal proposes the bill... or GOP 2012 - Always creating jobs for the top 1%, f**k the other 99%

President Obama’s American Jobs Act seems to contain one component which has riled Republicans in Congress and that’s increasing taxes on families that make $250,000 or more per year. They have commonly referred to this component as “class warfare,” to which I have to chuckle. As it states at FactCheck.org, approximately 1 in 50 families bring home at least a quarter million per year, so that constitutes just 2% of the population. With the jobs bill, Obama would be raising taxes on the top 2%, while 98% of the population wouldn’t see their taxes increased. I’ve heard many members of the GOP state that the top 2% are the job creators and it would harm the economy if we were to raise their taxes. With the Bush tax cuts on the wealthy in tact, the unemployment rate is around 9.0% currently. When Bill Clinton took office in 1992, the unemployment rate was 7.5%. Clinton increased taxes to 39.6% and left office with unemployment being around 4.2%, the lowest since 1969. Under Clinton, 22.7...