In an earlier post, we suggested if Bill Gates embraces Socialism, he can prove it very easily by turning over his assets and company to Obama.
Of course he’s not going to give up his gazillions, or Microsoft…he wants others to sacrifice, but you can guaran-damn-tee he’s not going to do that himself.
His inane statements are no more sincere than Warren Buffett or George Soros pushing for a higher income tax rate, implying they don’t mind paying higher taxes.
But billionaires don’t make their money from job ‘income’…they don’t pay income tax. Any tax they pay is at a lower rate, generally an investment or cap gains tax.
That’s why they love standing in front of news cameras, encouraging income taxes.
By the way, Democrat politicians know this, but play along to make voters think that they are the champions of the middle-class…the very ones hit hardest by tax hikes.
So next time you see Obama with his hand around Buffet’s shoulder while calling for higher income tax rates, and they’re both smiling, remember this important tip…
…this VERY important tip…
…the (higher income tax) joke is ON YOU.
LITERALLY.