President Obama and the Democratic Party consistently push the need to raise taxes on the Wealthy. The problem is under his policies the wealthy are quickly disappearing.
Based on figures put out by the IRS, the wealthy class is quickly shrinking. In a comparison between 2007-9 and 2010 income tax returns, the following information was released;
- The number of people filing that earned over $200,000 has shrunk by 13%
- The number of people filing that earned $1,000,000 has shrunk by 39%
- The number of people filing that earned $10,000,000 has shrunk by 55%
If the President and the Democrats continue their policies there will no longer be class warfare since there will no longer be a wealthy class. No wealthy class, no one to create jobs!!! They all need to go!!
2012 is coming!!!