SHARE, BARRY!

In my view, a prospective President Obama must voluntarily tax himself and his friends under his sharing plan, before taking anyone else’s money. After all, he avers that he represents a new style of leadership.

And we all know that the most successful form of leadership is by example.

Here is as I see it:

- The Obama family - an extra $578,115.91 per year, in perpetuo.

- The Biden family - an extra $1,032,784.05 per year, in perpetuo.

- Each Obama supporter, individual or organization, making under $250,000.00 per year BEFORE adjustments and taxes - an extra $53,539.75 per year, in perpetuo.

- Each Obama supporter, individual or organizational, making more than $250,000.00 but less than $2,000,000.00 BEFORE adjustments and taxes - an extra $330,510,22 per year, in perpetuo.

- Each Obama supporter, individual or organizational, making more than $2,000,000.00 but less than $10,000,000.00 BEFORE adjustments and taxes - 41.5% of their unadjusted gross income per year, in perpetuo.

- Each Obama supporter, individual or organizational, making more than $10,000,000.00 BEFORE adjustments and taxes - 53.8% of their unadjusted gross income per year, in perpetuo.

Further, all Obama supporters who have ever salted any money offshore (how unpatriotic, right?) shall immediately make public all their offshore assets, move them all back into United States banks and, within twenty four (24) hours, retroactively pay the full tax rate, plus any penalties, on each penny moved offshore, from the date of transfer. All such proceedings will remain on the public record for the next fifty (50) years, for all Americans to see and monitor.

All monies thus collected shall be used to (a) pay off the national debt and (b) to bring to justice those Obama supporters who would so very unpatriotically resist this golden opportunity to lead by example.

My guess is that, when this sharing plan is implemented, the national debt will be eliminated within ten years. Talk about change we can believe in!

At first sight, this plan may not look “fair,” but to paraphrase Michelle Obama, we must look at things not they way they are, but as they SHOULD be.

mahout34