XPost: la.general, talk.politics.mideast, alt.connecticut   
   XPost: alt.crazy.people   
   From: scumbags@mail.house.gov   
      
   Anybody who falls for this is math challenged and truly   
   ignorant.  There's not enough rich people to make up the   
   difference you stupid democrat clown.   
      
   In his upcoming State of the Union Address, Barack Obama is   
   expected to lay out a plan to hike taxes on America’s wealthiest   
   individuals and corporations in an effort to address the   
   country's growing inequality.   
      
   Assuming Obama’s plan makes it through the harsh terrain of a   
   Republican-controlled Congress, the initiative would free up   
   $320 billion in tax revenue over the next decade to spend on a   
   variety of government-sponsored programs, White House officials   
   told the New York Times on condition of anonymity.   
      
   Just this month, for example, Obama announced a plan to provide   
   students with two years of community college education free of   
   charge. While that may sound enticing, the proposal does little   
   to help another group of disgruntled Americans – an army of   
   university students who have failed to find employment following   
   graduation - who are stuck holding the bill on over a trillion   
   dollars’ worth of student loan debt.   
      
   In order to raise more cash for government-sponsored programs,   
   as well as providing tax relief for the middle class, Obama   
   wants to close many of the tax loopholes now open to wealthy   
   individuals and firms. One of these involves inherited assets,   
   which allows individuals to receive about $5.4 mln dollars in   
   inheritance without having to pay any taxes on that amount.   
      
   Critics say the practice, introduced by the Bush administration,   
   has helped to aggravate income inequality between the US rich   
   and poor to historic levels.   
      
   Meanwhile, many US corporations are taking advantage of their   
   international status, keeping their profits in offshore bank   
   accounts. This highly controversial practice allows hundreds of   
   companies them to actually pay less in federal taxes than the   
   average middle-class American household.   
      
   he Democratic leader also plans to increase the capital-gains   
   tax rate, to 28 percent from 23.8 percent, for families with   
   annual incomes above $500,000. Such a measure would provide   
   Washington with an extra $210 billion to implement its policies   
      
   http://rt.com/usa/223803-obama-raise-taxes-wealthy/   
      
   And there you have it, "to implement its policies" which are   
   mostly failed and flawed.   
      
           
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)