American Thinker: The President's Budget Address and the Reality of Taxing the 'Rich'

MORE backup to the inane theory that "Taxing the Rich" will solve our problems....it will not....

The President is going to address the nation yet again. He apparently intends to unveil another revised plan to fool the American people into believing he is sincere about reducing the deficit and reign in spending after the unserious budget he presented in February was soundly rejected by the country. While his hand has been forced by the twin factors of the Republicans in the House (buoyed the effectiveness of the Tea Party movement) and the upcoming Presidential election, he will nonetheless bring up increasing taxes on the so-called wealthy and corporations as one of the primary means of solving the debt and deficit problem."