Thursday, December 02, 2010

Donald Kaul: Over The Thorazine

Donald Kaul used to have a column decades ago in the Des Moines Register called Over The Coffee.  He is now writing a column for the Mason City Glob Gazette that ought to be called Over The Thorazine.

In his latest column, Kaul goes on about the deficits and how Bush Jr and Obama saved the planet from bankruptcy by borrowing and bailing out crooked companies run by crony capitalists, businesses that became "too big to fail" from political lobbying, and foreign banks.

So Kaul naturally asks a stupid question:
What I can’t understand is why so many people of modest means are against taxing the filthy rich. Recent polls show a majority of people favoring the extension of Bush’s tax cuts for the rich. Why?

It’s not as though the rich don’t have the money. The top 1 percent of households takes in about 22 percent of the total income of the nation.
You see, dumbass, the rich are already taxed.  The Top 1% of income earners pay 38% of all income taxes as of 2008.
If you want to call that class warfare, fine. But the rich have been waging and winning that war for years and look where it’s got us. It’s about time the rest of us won a battle. Now is as good a time as any.
Douchebag, or Donald, or whatever your name is, what is the point of taxes?  It's to raise revenue, isn't it?

But to you, Douchebag, it's a battle!

You're so filled with envy and hate towards "the rich".  Why?  Aren't they the ones who buy things, start companies, and hire people?  What's the matter, Douchebag, are you upset that you spent all those years collecting a salary writing your statist bullshit column which almost nobody agrees with except the mentally ill partisan left?

You're so filled with love for the government and these stupid politicians who couldn't even manage to deliver a budget in 2010, much less pass bills that they've actually read.  Why?  Why do you love politicians who waste billions and trillions, but hate somebody just because they earned over $250,000 last year?

What is the matter with you, Donald Kaul?  Are you insane?

Suddenly, Kaul changes course in his column.  Must be the lack of Thorazine:
The stimulus package that [Obama] and the Democratic Congress passed (without Republican support) saved the economy. It also contained a substantial tax cut for the middle class. The middle class never noticed its taxes were cut and the stimulus has been painted a failure. How could Obama have let that happen?
Douchebag, can you tell us who got that "substantial tax cut" that Obama put in the stimulus package?

Jane Bryant Quinn can:
Making Work Pay was passed as part of the stimulus bill in 2009. It provides a tax credit of up to $400 for single people and $800 for married couples filing jointly. Singles get the full credit on earnings up to $75,000 and couples, up to $150,000. On higher earnings, the credit gradually phases out. The credit was hard to notice because you didn’t get a single large check in the mail, as you did with the rebates backed by Bush in 2008. That was a deliberate choice. Of the rebates, only an estimated 20 percent was spent on goods and services. The rest was saved or used to pay down debt. Those are two smart uses of a windfall check, but they didn’t do much to slow the plunge into recession.

Obama’s tax cut was designed to put all the money into the economy. The IRS reduced the amount withheld from your paycheck. You received your tax credit in the form of an extra $15 or $30 in your paycheck every two weeks, or lower estimated tax payments every quarter.
So you got an extra $15 or so in your paycheck every two weeks thanks to Obama. That's "substantial" according to Douchebag Donald Kaul.  What was the deficit last year?  No, the answer to that question in Donald Kaul-la-la-land is probably "That's Bush's fault!"

I don't know why any newspaper would print Kaul's krap.  His column must be real cheap, or else the editors actually believe this crap.

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