April 17, 2009

Now They Tell Us!

Nick Gillespie has discovered that President Obama might not be a Libertarian!

Mega-props to our President Obama for yesterday's speechifying about simplifying and fair-izing the Infernal Revenue Service and all that.

Except for one small nitpicky thing: He's full of shit on this topic. How precisely is he or his Slugger's Row of policy mavens (you know, the idjits who can't even use Turbo Tax) gonna make the income tax more fair? As it stands, the top 1 percent of filers pay 40 percent of all income taxes; the top 5 percent pay 60 percent; and the top 10 percent pay fully 70 percent of all income taxes. The bottom 50 percent (5-0, Dano!) pay a whopping 3 percent of all income tax.


I'm glad Gillespie has figured it out by April and all. And I confess it is a funny post. But it may have been a little more helpful before the election.

Hat-tip: Instapundit

2008 Posted by John Kranz at April 17, 2009 12:44 PM
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