Friday, March 06, 2009

The Vote of Non-taxpayers

I'm not educated enough to understand every word of this article about how "Obama's Radicalism Is Killing the Dow," but I do know that this paragraph is scary:

New and expanded refundable tax credits would raise the fraction of taxpayers paying no income taxes to almost 50% from 38%. This is potentially the most pernicious feature of the president's budget, because it would cement a permanent voting majority with no stake in controlling the cost of general government.

3 comments:

Anonymous said...

you are right about that.... mmmm.

Anonymous said...

Scary...something to think about.

Vicki said...

I wrote once on my blog that if Jesus returns while he's on the political scene then he's my pick for antiChrist. People didn't like that. I stand by it.