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Common Sense: 11/9

Title:

Common Sense: 11/9

Published: Mon, 9 Nov 2009

Description: The rich the government loves to bash have bashed back

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Automatically Generated Transcript (may not be 100% accurate)

" So let me ask you something you -- more just audited by the IRS -- faced a huge tax bill or your furnace and your hot water -- both blew up. At exactly the same time would you -- a -- this man anytime soon. Probably not it is human nature and award -- when you know soon yielding doling out a lot of gas and not on things you plan but things you can avoid. See you really can avoid not shocked and not line. And not going crazy this Christmas and that's not to say you won't -- just won't spend as much which gets back to the rich or should I say the richer. Because of -- in little more than a year or some sooner they'll be paying more in taxes a lot more. The top rate will go back up to nearly 40%. And -- health care reform goes through another 5% on top of that to pay for the whole thing. That is a -- operate a 45%. And I am leaving out a higher state taxes and -- taxes on top of those taxes. Some knowing you'll be bang at least a third -- taxes would you buy a third more than eight. Or even attempt to more or twentieth. Well of course not. You're too busy -- putting cast out of the tax man coming for that cast -- hunkered down. And you're feeling down precisely because you are hunkering down. And you just shut. And the economy sets down to. Because that's the thing about the rich their numbers are small but -- Kansas contagious they spend at least that they feel Gideon -- Retailers still getting himself until America around stops on the line isn't and Washington isn't getting it. And the rich they love to bats have best back. Without saying a thing. Without spending."

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