In his annual State of the Union address of Tuesday, President Obama promised a slew of expensive goodies for the middle class.
“Free” college for young Americans with diminished employment prospects.
Insisting the “shadow of crisis has passed” despite non-government stats and analysis casting serious doubt on this claim, Obama promised “free” community college, expanding tax credits up to $3,000 per child, and $300 billion over ten years in capital gains tax increases and other taxation schemes imposed on the “wealthy,” that is to say the producers.
See a breakdown of Obama’s proposed tax increases at the Americans for Tax Reform website.
Echoing the now popular income inequality meme pushed by collectivist Democrats, Obama’s speech called for involuntary redistribution of wealth, in other words wholesale theft.
“A thief who gives away some of his stolen loot is still a thief,” writes Dominick T. Armentano, “moreover, those who receive stolen property and knowingly benefit from it are just as morally bankrupt as the thief.”
Written by KURT NIMMO- INFOWARS.COM
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