Wednesday, October 19

Pentagon to Nat'l Guard: $15K Tax-free to Re-enlist for 6 Years

Heh-heh. We lied.

It's unclear from the story whether those who re-enlisted under the delusion that they would actually get the money the Pentagon promised can now de-enlist. But it's a good warning sign that the administration, thanks to its tax-cuts for the rich, is starting to realize they are underfunding the government. But are they looking to reinstate taxes on the rich? No, they're looking to screw the lower and middle classes, by pulling stunts like this, and considering revoking the tax deduction for interest paid on home mortgages.

Yeah, great. They can increase my tax burden by something like 30% or touch the richest 3% of the country for an extra 5% of their wealth.* Sounds like a good plan.

Worst. President. Evaaaaar.

*Numbers pulled entirely out of my butt.

No comments: