The Homa Files

Counterattacking the Tea Parties yesterday, Team Obama was out in force declaring: (1) 95% of workers are getting a tax break (2) over 60% of Americans support the President’s spending plans.

Let’s see …

Regarding the tax break: keep in mind that it’s a whopping buck-a-day for the average worker.  Better than nothing, but not by much. If that buys financial stability and happiness, I say ‘go for it’.

Regarding the support for the spending plan: keep in mind that about half of voters don’t pay any income taxes — or get a refundable credit check.  They have no skin in the game — why wouldn’t they support a boatload of new benefits — after all, they’re FREE.

Assuming all 50 on non-tax payers support the programs, getting to 60% support means that 20% of tax payers support the spending plan … or, said differently, 80% don’t.

Think about it: using Team Obama’s own numbers, 80% of the folks who have to pay for the spending spree oppose it … but politically, the payers are dwarfed by the freeloaders.

It’s simple arithmetic.

This entry was posted on April 16, 2009 at 7:59 am and is filed under Obama Administration, Taxes. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.