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Archive for March 9th, 2009

President Barack Obama and deliquent tax payer Secretary of the Treasury Timothy Geithner are quick to respond to any inquiry or concern about the tax increases they are proposing in their new budget, as being fiscally responsible and consistently state, that the tax  increases have to do with fairness in the tax code.

Obama, Geithner and a host of administration and Democrat party talking heads also continually remind the American public that they have proposed a tax break for 95% of taxpayers. The top 5% of American taxpayers currently pay in excess of 60% of all federal income taxes. The bottom 90% of all taxpayers pay 29% of  all federal income tax. The bottom 50% of earners pay only 3% of all federal taxes. It would appear from those statistics that the tax system is unfair. It is unfair to the top 5%.

In an economic crisis it is those who have the most to lose that also lose the most. The President either fails to understand that economic reality or simply chooses to ignore it. Of the trillions of dollars of wealth lost since this recession began, the top 5% have lost a disproportionate amount of wealth yet, it will be the top 5% that will bear the burden of the extraordinary spending Barack Obama is proposing to spend as he honors his desire to transform America into a nation without aspiration.

Barack Obama in  order to promote his class war and feed his desire to lead America along the path toward socialism fails to mention these statistics when he is promoting his policy’s. He takes for granted that those who have paid in full to date will pay more in the future.

Ceo4aday believes it is time for the top 5% to be heard. Why should we support an adminustration that proposes to penalize innovation and entrepreneurship. Why should we support an administration that disdains our contribution and perceives us solely as a means to fill the coffers of a government expansion that seeks to undermine the free enterprise system. Ceo4aday believes it is time for the top 5% of income earners to be recognized for the positive contribution they have made to this nation. Ceo4aday believes it is time to step up and be heard. Join us in our quest as we seek  to make Congress and the White House  listen to the minority that funds the majority.

 Speak out, step up and be heard!

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