Wednesday, January 25, 2012

Ask the Experts

Op-Ed: Does Obama's Tax Plan Make Any Sense?

by King Lear

A touchstone of President Obama's State of the Union address last night was his sharp criticism of tax breaks for the rich. Like many politicians and some just plain old rich people like Warren Buffett, Obama proposes reforms that, he argues, would give all Americans an equal chance to make and invest money.

That's all good stuff, as far as I'm concerned. In fact, I myself have a distinguished history of parting with my wealth!

But what I want to suggest, Mr. Obama, is that you might go about this "assessment" of percentages in another way. Sure, one way is to just use household income to designate the appropriate tax rate. Another way is to think outside the box and to really and truly determine how much each individual household should pay. I'm talking about making it personal. I'm talking about using this whole tax thing as a way to fortify your power and secure the love of your people.

And my alternative is actually very straightforward. You simply ask each household how much they love you, and, assign taxation according to their response. If they love you, believe me, they will kiss some serious ass for the best tax break.

Why not give it a shot, Obama? You want to win this election, don't you? I mean, what could possibly go wrong?

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