NUGENT: Punishing the producers

Obama’s class-warfare strategy will only make the deficit larger

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The hypocrisy of the president is the only transparent thing I have seen come out of the Obama administration.

President Obama has been campaigning and giving speeches declaring how rich people need to shoulder more of the tax burden. What the president doesn’t say is that rich people already pay the lion’s share of the federal tax burden and that almost 50 percent of Americans (mostly Obama voters) pay no federal income tax. If the president truly believes in his tax-the-rich scheme, he should try something new and lead from the front and lean forward in the saddle by writing a big, whopping personal check to the Internal Revenue Service (IRS) above and beyond what he paid in federal income tax. Leading from the front, however, is not one of the president’s strongest characteristics.

Writing a large check to the IRS would take strength of conviction, which the president and the rest of his rich liberal buddies apparently don’t have. If the president, Michael Moore, Warren Buffett and liberal moonbats believe that rich people get off lightly on their taxes, all they need to do is write the IRS a big, personal check and then encourage all their rich liberal friends to do the same. Simple enough. The IRS will gladly accept their checks, especially considering that America is borrowing and spending well over a trillion dollars a year that we don’t have.

The president obviously believes that rich people have gotten wealthy through unscrupulous or questionable means and therefore, should be made to spread the wealth around more by paying more in taxes. This is insulting to every American who has created a certain amount of wealth through hard work, creativity, sacrifice, risk and pays really high taxes for which Fedzilla refuses to be held accountable.

Our president is oblivious to the fundamentals of business. He wouldn’t know how to handle a business risk if it knocked on the door of 1600 Pennsylvania and introduced itself.

The president knows nothing about what it takes to start and operate a successful business, yet he has the presidential audacity to spit in the face of the very people who create and provide jobs for Americans and who already pay more than 90 percent of all federal income taxes.

My gut says the president doesn’t really care about growing the private sector and improving the economy. His goal is to expand the entitlement class because he knows the most effective way to con people into voting for him and the Democratic Party is to buy their votes with the tax dollars provided by the hard work of others. That’s standard operating political procedure for the Democrats.

Mr. Obama is playing a class-warfare con game while at the same time damaging the very economy he claims to care about so much. Can anybody possibly claim to not see this?

Punishing the producers by taking more of their wealth and giving it to others who have done nothing to earn it is anti-American, historically counterproductive and by all accounts, brain-dead. Additionally, punishing the producers will cause the economy to continue its swan dive into the street.

With the exception of Marxists and socialists, no one I have ever met believes that surrendering more of our wealth to Fedzilla is sound economic policy. Economic fundamental No. 1: Never throw good money after bad.

Come on, Mr. President. Put your money where your mouth is and write a hefty check to the IRS. Show some real leadership for once.

Ted Nugent is an American rock ‘n’ roll, sporting and political activist icon. He is the author of “Ted, White and Blue: The “Nugent Manifesto” and “God, Guns & Rock ‘N’ Roll” (Regnery Publishing).

About the Author

Ted Nugent

Ted Nugent is an American rock ‘n’ roll, sporting and political activist icon. He is the author of “Ted, White, and Blue: The Nugent Manifesto” and “God, Guns & Rock ‘N’ Roll” (Regnery Publishing).

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