Polls show that Mr. Obama’s approval rating is at 48%, its highest in two years.
The following could be the reason why it’s so high.
This is the federal tax burden. A walloping 68% is paid by the top 10% and the bottom 50% pay almost nothing.
This is the tax burden of all federal taxes, including individual income, corporate income, payroll, excise and other miscellaneous taxes – look who pays.
The bottom 50% pay 3% of the federal taxes. The bottom 40% pay only 4% of their “fair” share of all taxes. Why wouldn’t they be happy with the administration who is buying off the majority with the labor of the few? This is – at best – socialism.
There are 35.4% on welfare. More than 46 million are on food stamps. More than 93 million are out of the work force completely. The administration is punishing producers and creating more non-producers. They want to do more of that by taxing the rich. In the end, the administration is widening the gap between the super-rich and the poor, reducing the size of the middle class.
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