Just a reminder of who actually pay’s taxes.
Top 1 Percent Pay 37 Percent of Income Taxes
Tax cheat Tim Geithner, the only member of the Obama economic brain trust who has not yet been fired, testified to the Senate Finance Committee today in favor of the president’s proposed trillion-dollar-deficit budget.
Geithner, a Dartmouth man esteemed more for his tennis skills than for his understanding of markets or business, peddled much Keynesian voodoo before a nation whose economy he helped destroy while employed by the Federal Reserve Bank and then the Department of the Treasury. To get a sense of the mixed metaphors and confused logic that characterized the treasury secretary's testimony, ponder the Reuters headline “Geithner: Year-end fiscal cliff to hit U.S. growth,” and tremble to reflect that this word salad accurately describes Geithner's comments
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