Tuesday, September 15, 2009

Will it be one more tax on marriage?

Obama wants to punish the most productive, the biggest contributors to the government in terms of taxes, even more. The top quintile. These are the ones whose wealth is transferred to the bottom fifth.



86% of the households in the top 5% are married couple families. Only 19% in the lowest 5th are married couple families. Also, the people in the top fifth have attained more education, with people holding professional degrees doing considerably better than PhDs. Is this "gap" so difficult to understand? Two people make more money than one. Check! One person working full time earns more than one person receiving transfer payments in the form of food stamps, subsidized housing and Medicaid. Check! What's so hard about that math?

Now, Obama is an educated man with a professional degree and he's married. He's made a ton of money writing about himself and being in government. Shouldn't he be able to figure out that he's killing the golden goose with his punitive tax plan? Since he doesn't mind telling people what to do, maybe he should just tell women to stay in school and get married before having a baby, instead of promising them that he'll take care of them as long as they're in the lowest quintile.

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