Obama talked about his proposal to pay for the plan by raising taxes on big corporations and the wealthy, an idea that has not sat well with Republicans in Congress.Memo to the Megalomaniac-in-Chief: We don't love higher taxes, and we don't even like you.
"We need to build an economy that lasts," he said. "If you love me, you gotta help me pass this bill."
The President would cover most of the cost of his jobs initiatives, nearly $400 billion, by limiting the itemized deductions wealthier people can take. He would get $40 billion by closing tax loopholes for oil and gas companies, $18 billion from imposing higher taxes on certain income from investment fund managers and $3 billion from changing how the tax code treats corporate jets.
That "if you love me" line sounds so familiar. Hmmm. Wait, what? Is he injecting religion into his campaign speeches?
Quick. Someone report me to Attack Watch!