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Monday, May 12, 2008

Be Prepared!  (With Apologies to Tom Lehrer)

Barack Obama and the Democrats are determined to raise your taxes.  Putting aside the fact that doing so will NOT save Social Security and Medicare, will NOT do much of anything for the federal budget deficit, and will certainly NOT help foster the sustained, long-term economic growth this country will desperately need in the years ahead.  What’s a person to do?

Donny Baseball has the answer:  legal tax avoidance.

Barack Obama: “I will raise taxes.”

Donny Baseball: “I will shelter income.”

Totally legally of course. IRAs, HSAs, 529s. Plenty to work with there. Build up a stash now, so maxing out all these contributions during an Obama presidency won’t hurt you. Got some equity in your house? HELOCs are going cheap…

There’s more, of course.  The point is, those who are successful get that way by planning for the future and sticking to their plan, as circumstances warrant.  Democrats are going to raise taxes.  It’s who they are and what they do.  Plan now.  Be ready.

Comments

Avatar for Confused

An honest question… why do democrats give a pass on the whole ‘raising taxes’ issue?  You can’t tell me that they actually want to give more of their hard-earned money to the government… so what is it? 

And… I know this one will light a fire under everyone’s butt… but it is my opinion and I’m entitled to it.  I don’t believe that a person on welfare should be allowed to vote.  If you are living off the government, you’re only going to continue to elect people that will give you “raises”.  Doesn’t make much sense to me.

Confused on May 12, 2008 at 05:17 pm

Bat,

Would that be the same Tom Lehrer of Poisoning Pigeons In The Park and The Masochist Tango fame?

Yeeks. Too much Doctor Demento in my younger days.


Election ‘08 - We Are So Screwed

Pilgrim on May 12, 2008 at 06:18 pm

Pilgrim,

The very same Tom Lehrer, also notorious for “Be Prepared,” the words to which I taught the boys, to the horror of their mother, when they made First Class and Order of the Arrow.


“Poverty of goods is easily cured; poverty of the mind is irreparable.”

Bat One on May 12, 2008 at 08:27 pm

Confused,

First of all, you aren’t.  Fact is, you’re not even misguided.  There’s nothing wrong with you that a steady diet of encouragement won’t clear up.  Choose a more appropriate screen name!

Liberals, the least offensive of Democrats, and their more radical cousins, are so enamored of power and so fixated on the “us versus them” mentality that the damage they and their statist and collectivist policies wreak on America simply doesn’t dawn on them.  True independence scares them, and they view their own “sacrifices” as proof of their moral superiority.  They are no more able to distinguish between righteousness and self-righteousness than they are able to translate Sanskrit to Urdu.


“Poverty of goods is easily cured; poverty of the mind is irreparable.”

Bat One on May 12, 2008 at 08:40 pm

Putting aside the fact that doing so will NOT save Social Security and Medicare, will NOT do much of anything for the federal budget deficit, and will certainly NOT help foster the sustained, long-term economic growth this country will desperately need in the years ahead

The fact that raising taxes will not solve these problems does not concern democrats.  We are only supposed to look at their intentions and not the results of their actions.



A political party cannot be all things to all people. It must represent certain fundamental beliefs which must not be compromised to political expediency, or simply to swell its numbers.

dougee on May 13, 2008 at 10:42 am
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