And Today’s Economic Boy Wonder Award Goes To…

Posted: October 21, 2008 in Economy

Barney Frank

For his suggestions for a “immediate increase in spending” and to increase taxes on “the rich” (a word whose definition is changing everyday) to “help pay for all of this”. Sheer genius…

…in his own head!

  1. “rich” == anyone not on welfare.

    These clowns could confiscate the entire wealth of the top 1% of earners and still be in trouble.

    But that’s the thing — the truly rich don’t earn any W2/1099 taxable income at all. They’ll set up a charitable fund and that fund will pay for almost anything they need. Housing, cars, travel, etc and the fund writes it off as a business expense.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s