Obama is wrong again.

At a much ballyhooed town hall meeting in September, Obama pushed letting the Bush tax cuts for "the wealthy" expire. He said, "On average, millionaires would get a check of $100,000."

That's not true. That $100,00 he's talking about doesn't belong to the government and never has. It belongs to the people who earned it. They'll still be doing the check-writing to the government -- not the other way around. What is really happening is a huge tax increase. On an adjusted gross income of $250,000, a person now pays the government $87,500. If the Bush tax cuts expire, they'll pay $99,000. That's not counting the increase in the capital gains tax they'll also have to contend with.

But remember, this will affect those who make far less than that. Small businesses will have to pick up those extra taxes, too, and that means a rise in unemployment and consumer prices. If you think having to pay the government $87,500 is giving the "rich" a big break, I'd say you have a big ol' case of class envy.

Vote Republican!

"Questions show economic angst." The Dallas Morning News; September 21, 2010; p. 1A.