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Politics : The Obama - Clinton Disaster

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To: Bald Eagle who wrote (6428)2/4/2009 2:52:04 PM
From: pompsander2 Recommendations  Read Replies (1) of 103300
 
A little dark humor..

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Obama Considers Tax on Cabinet
Would Create Budget Surplus, Experts Believe


President Barack Obama is mulling a controversial new tax program that would require members of his Cabinet to pay taxes owed under the Federal tax code, the White House confirmed today.

While the unorthodox tax proposal is reportedly "only in the planning stages," it is being eyed as a possible way to balance the Federal budget.

"According to projections, if members of the Cabinet actually paid their taxes, we could wind up with a budget surplus in excess of $18.2 billion," said Obama economic adviser Paul Volcker.

Mr. Volcker said he strongly favored the plan, but added, "Fortunately for me, I'm not officially in the Cabinet."

But imposing taxes on Cabinet members may be easier said than done, critics of the plan warn.

borowitzreport.com
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