Simple Economics and Obama’s Promises
How Obama Adds it Up
Make the economy simple, just 100 people out of $100.00.
Now it looks like this:
1 person pays $39.00 by himself. 49 people pay $58.00 among them. 5 people pay $3.00 among them. 45 people pay nothing at all.
TOTALS 100 people pay $100.00
Obama says he will raise the rich tax from 15% to 28%.He says he will give the 45 paying nothing a $1000.00 check anyway.
He told a business owner who asked about the rich tax that he, the man, is supposed to carry the rest from his hard earnings.