Alright, Keating, let’s talk budget.  To set things off here is a link to the White House’s 2010 budget: http://www.whitehouse.gov/omb/budget/

The first glaring problem that I will address in this budget relates not to the overwhelming deficit, which our glorious leader and savior has promised to cut in half by 2013, nor the unheard of level of spending (this doesn’t even include this stimulus, health care, and other bulls***t he’d have us spend money on) — no, the first topic I have a problem with is the increase in taxation.

President Obama and his cronies would have us believe that somehow taxing the rich will improve all of our lives.  The reality of it is that when you increase marginal tax rates, especially the capital gains tax rate, everyone is hurt.  Investment slows, business slows, hiring slows, the economy slows.  It sounds all well and good that all of the sudden your boss is paying heavier taxes to support your frequent visits to the doctor for that pesky hangnail, but the truth is that if the rich are taxed more there will be less jobs.  If Obama and Co. are hoping to “stimulate” growth in the economy by increasing the number of jobs and stabilizing house prices then they are going in the exact wrong direction with these new taxes.

Your thoughts.