He stole from the rich, to give to the poor.

No, I am not talking about Robin Hood. I am talking about Barack Obama and his tax policies. His tax policies will do just that, steal from the rich and give to the poor.

Now here is something you won’t find in the mainstream media. First off, they don’t want you to know and secondly, tax discussion just doesn’t bring in the ratings. The Tax Foundation has run some hard numbers on Barack Obama’s tax plan. Scott Hodge, president of the Tax Foundation, explains Obama’s tax plan for 2009 calls for the redistribution of more than 131 billion dollars from the top one percent of taxpayers. That will mean the top one percent of households would pay more in federal taxes of all kinds than the bottom 80 percent of households. This doesn’t even take into account the Obama plan to raise payroll taxes on those evil rich folks making over 250,000 bucks a year.

Anyways, Hodge estimates under the Obama plan 1.13 million Americans will pay more in federal taxes than 128 million other Americans combined. In other words, Obama’s plan increases the tax burden on top earners by an additional $40 billion a year. This 40 billion-tax hike is twice as much as all the federal taxes that are paid by the bottom percentile of taxpayers.

What we have here is income redistribution. He is stealing from the rich to give to the poor, a real modern day Robin Hood. I doubt Obama sees it that way though, after all he believes that income isn’t earned in the first place; it is acquired on the basis of luck and good fortune.

Here is just a thought… Is there anyone out there that thinks our economy can take a 40 billion dollar hit right now? What happens when the top gets nailed for 40 billion in more taxes? Do they not pass the expense on to the consumer? Perhaps you work for someone about to get hit with this new expense. Is your job going to pay for it, or will it be cut to make up for the difference. It is just a thought some of you may want to consider?