Now that the Chosen One has flitted about the Holy Land, managed to upset most of the inhabitants, and is heading to Germany to instruct them on proper social principles, the question which needs answering is, “Will Obama detour to Bulgaria to instruct his Socialist comrades on the error of their taxing ways?”

Obama considers himself the “Leader of the‘Free World” pre-ordination. Therefore, by divine right he must travel to straying socialist countries and correct their governmental missteps.

Thankfully, one member of the MSM dutifully enumerated Bulgaria’s miscues for us to fathom.

They listed the delinquencies, the rationale for those reshuffles, the results of repositioning and the dangers to Socialism accruing from those alterations.

I expect Obama to thoroughly chide the malefactors and wag the Holy Digit under their collectivist nose. Will he force the issue by fiat of “More Taxes or More Tanks!”
Here are the insufferable changes.

[snip]
“The situation was getting desperate in Bulgaria. We were losing our population and our best workers. They were leaving for Western Europe to find jobs and the No.1 form of foreign capital came from remittances.” All that began to change when the corporate tax was cut to 10% in 2007 and the personal income tax to 10% in January of this year. “We told the politicians that it was symbolically important for Bulgaria to have the lowest flat tax. We were surrounded by flat tax countries, we wanted to be the nation most friendly to capital and business.”

[snip]
“These countries understand that the flat tax is the key to their prosperity — even the former communists.” Only stultified political tactics — certainly not clear thinking — explains why somebody like Barack Obama could be running on a platform of making America’s tax rates among the highest in the world when other nations are proving the competitive advantages of flatter tax systems.

Difficult to figure out isn’t it.

Archived in: 2008 Election, Barack Obama, Democrats, Eastern Europe, Income Tax, Socialism, Taxation, Taxes