A tax increase on the rich? Are you crazy Obama?

Obama said in his nomination acceptance speech that McCain did not get it, that McCain was out of touch and that was a reason not to vote for McCain. Wait a second here Barry! I think you missed something here. Despite your eloquence, intellect, and charisma it is you who does not get it. Obama made a big deal a few months ago about the great financial advisers he has and will utilize as President. Yeah, you have a great army of financial genius', not the least of whom is my favorite investor Warren Buffett.

Let's review a simple explanation of Obama's tax policy.



Increase taxes on the 'rich' who spend a majority of the money in this country, invest the majority of the money, and pay the majority of the taxes already.


Here is my take on things. If Obama says the rich are those who make $250,000 or more, you have to ask yourself, Is Obama really from Chicago? If he is from Chicago he must have been in a coma.

He is from Chicago, which means it may not be McCain that is out of touch, but he must be out of touch. He is so young that I think he has spent his whole political career campaigning and his whole pre-political life organizing things that he must have missed what's happening around him. I don't think it is rocket science that cost of living is a major factor when you talk about tax policy.

Last I checked someone who makes $250,000 in Chicago makes less money then someone in, say, Omaha. Does he really think someone who makes that in NYC should get the same tax treatment as someone in Indianapolis? Or is he going to throw in a cost of living calculator on the tax forms and make doing your taxes an even bigger pain? Is he stupid despite graduating from Harvard? What is he thinking? Only a moron will propose something like that, and only a moron will pick a crazy running mate who's call to the rich is 'pay more taxes or you are not a patriot.'

Clearly he is out of touch. If he is elected I feel sorry for anyone who lives in Chicago or NYC or the whole State of California. They will suffer much more than others. When you factor in cost of living and try to categorize rich, isn't it much more logical to think maybe $1 million may be a better gauge of 'rich?' I would consider someone who is rich to be someone who does not have to work to maintain their lifestyle indefinitely. Buffett does not mind if he is taxed more, so let's tax his money. Not the average NYC dual income family making $250,000 and barely scraping by.

Obama, get in touch with the real world and maybe rethink you tax policy.