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What Taxes Will Obama Raise Next?

BEGIN TRANSCRIPT

RUSH: Here's Pat in Washington, nation's capitol.  Great to have you on Open Line Friday.  Hi.

CALLER:  Hey, Rush, what's going on?

RUSH:  Very much, sir.  There's lots cooking out there.  How about with you?

CALLER:  I know, it's crazy to watch all this.  So I got a comment here real quick.  I've been looking at Obama.  It was tax-and-spend liberals, right?

RUSH:  Yeah.

CALLER:  Now they just print it, spend it, and tax later, right?

RUSH:  Right.

CALLER:  Okay.  So where's the money?  If he can wave a magic wand, what taxes would he impose on the people?

RUSH:  Well, that's why they're focusing on the rich.  There's nobody left that has any money other than the rich. 

CALLER:  Right.  But my point is -- and nobody ever talks about it.  They want a wealth tax.

RUSH:  Well, that has come up now and then, and I think it's possible.  I think with this guy, any tax that is an increase is possible, be it a value added sales tax, a VAT tax. A wealth tax.  The problem with the wealth tax is that the real rich in this country are not subject to any of Obama's tax increases.  Those are his bundlers. (crosstalk)

CALLER:  -- plan to hit the Koch brothers but leave Buffett, Gates, George Kaiser, how does he, you know, get --

RUSH:  Yeah, but see, here's the thing.  As he hits the Koch brothers, he hits his Hollywood buddies at the same time.

CALLER:  Right.

RUSH:  And as he hits the Koch brothers, he hits his Wall Street buddies at the same time.

CALLER:  Right, exactly.

RUSH:  Well, my point is, does he want to make enemies out of those people who are his friends?  I think if he could isolate the Koch brothers, he would.  And my instincts are, this guy doesn't care. He'll tax anything whenever he thinks he can get away with it.

CALLER:  Michael Moore, Van Jones, those two, you've heard them go on and on about how they should go after 401(k)s and just confiscate it.  That's not a tax.

RUSH:  That plan is already in the works.  The 401(k) plan involves the government taking your 401(k) money and then guaranteeing you some ridiculous cost of living promise increase every year. I've forgotten the details.  Jesse Jackson yesterday suggested that they go get the $6 trillion in private pension funds.

CALLER:  Right.  You know, take it, it's all good. We'll pay you, it's no big deal.

RUSH:  Well, that's who he is.  I mean, I can't argue with that.  The odds are that if there's money out there that can be taxed, this is the guy that will do it.

CALLER:  Hey, Rush you got time for a quick anecdote?

RUSH:  Yeah.

CALLER:  Okay, it's pretty funny.  The night that Walker was not recalled, I turn on MSNBC, just to see how they'll spin this and turn it into a positive for 'em or whatever. I'm watching this, and I go to bed, and my kid, she's at youth group, church thing, right, and she comes home and the TV's still on and she's getting ready for bed. And the next morning she gives me all this grief about what in the world were you watching, and I got more and more angry and what a pack of liars and I said, "Oh, yeah, it was the Walker thing and you were watching MSNBC."  She said, "Don't turn that crap on anymore."  And it was pretty funny.

RUSH:  Well, see, we get hopeful signs from the most unlikely places.  Appreciate that.  Thank you very much, Pat. 

Steve out in Long Island, great to have you on the program, sir.  Hello.

CALLER:  Thank you very much, Rush, for taking my call.

RUSH:  You bet.

CALLER:  I just wanted to give my humble opinion.  The legislative parlor trick by which the libs handcuff the conservatives, mainly fear of loss, is a better motivator than an opportunity to gain.  And unless the conservatives produce the right orator who understands that and wins back the battle of words, especially in public debate, the conservatives will continue to lose ground in the House, Senate, and the executive branches of government, and thus the citizenry.

RUSH:  Give me an example of the Democrats selling the fear of loss.  Give me an example.

CALLER:  Well, for instance, I remember when Pelosi said if they go along with Romney, women will drop dead in the abortion clinics.

RUSH:  Oh, yeah.

CALLER:  The truth is, from their policies, there's thousands of young women who are dying from sepsis infection, perforated uteruses, and --

RUSH:  Well, not to mention the babies dying in the abortion clinics.

CALLER:  Plus the babies, right.  And it's just ironic that the very things that the libs accuse the conservatives stems from them accusing others of their legislative blunders. 

RUSH:  Well, actually, this is a very good point.  The left uses fear rather than inspiration.  They use fear rather than optimism.  Pessimism rather than optimism.  You're right.  They are always telling people in this country what they're going to lose, or what harm will become them if the Republicans succeed at anything.  And yet, as the Democrats have success after success, that harm that they've promised actually occurs to people.  So it's a good point.  It's like Ron Paul said in his last speech on the floor of the House of Representatives. He's a big Libertarian.  He's amazed, he said, at how difficult it is to sell freedom, the concept of freedom to the American people.  And I knew exactly what he meant.

END TRANSCRIPT

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