Wednesday, July 15, 2009

The 8 Percent Solution

In case the new taxes from "cap and trade" and the 5.4 percent surtax on high income taxpayers and the elimination of the Bush tax cut is not enough in new taxes to satisfy you, try the 8 percent payroll tax that is part of the health care bill now before the House of Representatives. One way of cutting that 8 percent tax is to reduce payroll. No doubt, that will be the response.

Keep it up Obama and Congress: 25 percent unemployment is doable....especially with these policies.

The economic recovery that by now would be well on the way is not coming anytime soon. Not until this Congress is gone.