Of the many missteps of the Obama administration, the one that they surprisingly haven't gotten called out on the carpet for is the decision to raise income tax rates. This may have something to do with the fact that Obama was open about this as a candidate--and he did get elected, after all. This may also have something to do with semantics. You see, Democrats aren't raising taxes. They're just letting the Bush tax cuts expire. Employing such slippery verbiage, apparently, allows the Democrats to say they didn't raise taxes without feeling as though they told a lie. So, in 2011, the top rates will move from 35 to 40 percent and taxes on capital gains and dividends will spike from 15 to 20 percent. When an economic downturn--I know GDP is up but jobs are still down--has subtracted from an economy, tax increases make things worse by subtracting even more. That's bad policy. Ask George H.W. Bush, Franklin Roosevelt, or Herbert Hoover how raising taxes during a downturn worked out for them.

We could always start WWIII.

It is all going accordingly to plan.

Chaos = requirement for more government and the intervention thereof.

And everyday with this crew, it's a new variety of chaos.

Judicial Watch has Obama, Pelosi and Holder in the top ten of the most corrupt public officials currently holding power. That just has to be a good thing.

"taxes on capital gains and dividends will spike from 15 to 20 percent. "

OMG the world is going to end! Really, you don't support this because? Oh wait, you want the fat cats to be fat. Because someone like Warren Buffet should be paying half the rate of hard working and productive people... excellent logic.

The trickle down policy hasn't worked and never will because of the inherent greed in the system. Do you think Buffet invests to serve the greater good? Never. He serves himself. It is greed and selfishness. This is capitalism (which has never truly existed in the US, along with true socialism)

Yes, those greedy 'fat cats' who create jobs, pay taxes, fees and generally grease the gears of a healthy economy.

As opposed to making sure government gets that money so they can give it away to people or government mechanisms that don't contribute to the economy or to spend it on things like, oh I don't know, one Two and a half million dollar ad for the Super Bowl.

I just love it when people use that class warfare crap. Obtuse.

Loved this line from Steyn describing the O: " the economically illiterate narcissist in the Oval Office".

Priceless.