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Great column: Neal Boortz explains Obama’s specious “tax the rich” rhetoric with a reality check

President Obama is going to be known as the President who tried to lead and change the very foundations of what is a perfectly good America, by way argumentum verbosium.  This is not a good thing.  Especially when the verbosity is bullcrappious. 

This excellent plain-talking light reading by famed radio talk show host Neal Boortz explains the fallacy of Obama’s (and all other left-wingers’) “tax the rich” and “spread the wealth” bunkumspeak.  Boortz uses a valid deductive argument, inductive logic, and a nice little story to explain facts. In contradistinction, Obama uses fear, loathing, and the aforementioned bullcrapious argumentum verbosium.

Here’s a tidbit:

Just A Little Company Get-Together

…  When you walked into this auditorium you were handed a rather thick 78-page document. Many of you have already taken a peek. You were probably surprised to see that it’s my personal tax return for 2008. Those of you who are adept at reading these tax returns will see that last year my taxable income was $534,000.00. Now I’m sure this seems rather high to many of you. So … let’s talk about this tax return.

Carrington Automotive Enterprises is what we call a Sub-S – a Subchapter S corporation. The name comes from a particular part of our tax code. Sub-S status means that the income from all 12 of our stores is reported on my personal tax return. Businesses that report their income on the owner’s personal tax return are referred to as “small businesses.” So, you see now that this $534,000 is really the total taxable income – the total combined profit from all 12 of our stores. That works out to an average of a bit over $44,000 per store.

Why did I feel it important for you to see my actual 2008 tax return? Well, there’s a lot of rhetoric being thrown around today about taxes, small businesses and rich people. To the people in charge in Washington right now I’m a wealthy American making over a half-million dollars a year.  …

… And this is one of the reasons conservative talk radio is so successful, Fox News Channel is number one in the ratings, Sarah Palin is so pernicious to liberals, while Obama’s poll numbers are dropping, and the liberal-left hate Fox News, ridicule Sarah Palin, and want to shut down conservative talk radio with their “fairness doctrine”.

 

Joel Johannesen
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