This is not a happy article and points up why we do not need another government program spending money we don't have. The drop in revenue was entirely predictable, and was predicted by many, many people, and will only get worse.
Corporate taxes fell by 47% - whoops, silly me - that's 57%. In case you missed it, these are the evil folks who shoulder the majority of the tax bill for the rest of the country. And these are the folks who give us jobs. So can anyone out there inform me of why our current administration is demonizing big business?
And this quote should make your blood run cold:
President Barack Obama has said he wants to tackle Social Security next year, after he clears an already crowded agenda that includes overhauling health care, addressing climate change and imposing new regulations on financial companies.
Related:
Hot Air: Tax Revenues Still Crashing
Gateway Pundit: Thanks Barack... Tax Revenues See Biggest Drop Since Great Depression
Michelle Malkin on the View
In my opinion Michelle Malkin more than held her own on The View. Unfortunately, we had to sit through the majority of the program before Michelle was "interviewed". Tell me again why anyone would watch that insipid carp coming from those silly women?
Into the lion’s den: My encounter with The View
By Michelle Malkin
from the combox :
I want to encourage everyone to take action against ObamaCare every single day during the month of August...at least one small act to defeat ObamaCare for each day of the August recess. Call, write, email, fax, tweet, blog, go to townhall meetings, tea party protests...attack from every angle!
Thanks Right Klik. Those are my thoughts exactly and you saved me the time of having to type it up and wonder where the commas should go...