Hello, I’m Herman Cain. They think we are STUPID!
If you make a lot of money in this country, President Obama thinks you deserve to be punished. His latest class warfare proposal would do just that. It would require that anyone whose personal income exceeds one million dollars must pay at least 30 percent of their income in federal income taxes. Any kind of income over one million dollars would automatically be taxed at 30 percent, even if your tax liability was lower than 30 percent to begin with! Either way, if Obama has his way, you pay. You realize, of course, this is nothing more than punishment for success. It doesn’t matter to the president that people who earn their money through capital gains have put their capital at risk by investing in the growth of our nation’s economy, in the startup of a business, in the creation of jobs. This is why capital gains, which are rewards for putting after-tax earnings at risk, are taxed at a lower rate. That doesn’t matter to President Obama. All he sees is people making more money than he thinks they should, and he doesn’t like it. I don’t think you really think that way. I think you know that a job, an opportunity or capital to start a business isn’t going to come from someone who’s failed; it’s going to come from someone who succeeded. President Obama doesn’t understand this. We need a president who doesn’t want to punish you when you succeed!
I’m Herman Cain. We are NOT stupid.