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Friday, August 10, 2012

Obama Calls Rival "Romney Hood"-- "Robin Hood in Reverse"

Obama calls rival 'Romney Hood' -- 'Robin Hood in reverse' - Fox News

President Barack Obama and GOP presidential candidate Mitt Romney

At a fundraiser in Connecticut, President Obama unveiled a new attack on GOP presidential candidate Mitt Romney's tax plans.  The president calls him "Romney Hood" or "Robin Hood" in reverse.  Robin Hood is the character known for stealing from the rich to give to the poor.  President Obama is alleging that Romney's tax plans will take from the middle-class to help pay for the tax cuts for the wealthy.  It's the same old class warfare argument Democrats are known for.  In presidential campaigns, you will always see mudslinging from both presidential candidates.  I know that mudslinging is always part of the political campaign.  However, it's absolutely foolish to use class warfare like President Obama does when it comes to the wealthy.  Obama and the Democrats try to give the impression that the wealthy aren't paying their fair share of taxes and given the fact that the deficit is $15 trillion or better, we can't afford to allow the rich to have a tax break.  That's asinine!  The problem is without reservation OVERSPENDING!  Giving tax breaks for the wealthy or whomever isn't the reason why the deficit is out of control.  The government continually overspends regardless whether the Congress or president is Democrat or Republican.  Democrats exploit the issue saying that we can't afford to give the wealthy a tax break.  We can't afford not to.  It's the wealthy or those making $250,000 a year that create jobs.  Poor people don't create jobs.  The tax code is ludicrous.  I call for a flat tax or a sales tax.  Let's eliminate the income tax.  That will never happen because our elected elite want to usurp control over our lives. 

Congress needs to cut taxes on all taxpaying Americans, rich and poor alike.  Congress also needs to lift the mundane restrictions on small businesses which prohibit them from growing and creating new jobs.  The way to bring more revenue to the federal government is for the government to eliminate most regulations so small businesses can create new jobs.  When new jobs are created, more taxable revenue will go to the federal government.  It's just that simple.

I'm not going to restate the story from FoxNews.com.  To read the full story, click on the above link from FoxNews.com.

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