The Homa Files

On Monday, President Obama told the Chamber of Commerce that he’s pro-business and would cut both regulations and taxes.

That was Monday.

On Tuesday, the White House proposed to allow cash-strapped states to raise unemployment-insurance taxes.

Last year, Obama’s stimulus law expanded eligibility for unemployment … and the duration of its payments.

Now, the White House is moving to impose tax hikes on employers to pay for it.

Let me get this one straight.

Extend unemployment benefits … then add an employment tax that makes workers more costly … then act surprised when some of the more costly workers are canned – adding to the unemployment rolls and costs … and then raise taxes on employed workers … and so on.

Not exactly a virtuous cycle …

Every time I start thinking these guys can’t be THAT stupid … they prove me wrong.

This entry was posted on February 10, 2011 at 6:49 am and is filed under Anti-business, 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.