Thursday, October 07, 2010

NY GOP/Taxes

Elli Ganchrow writes:

In this, a year that is shaping up as a Republican wave election, the New York Republican has reached a new low in irrelevancy. To review there are three important races this year in New York, a Governor and two Senate seats. The Democrats have Andrew Cuomo, Chuck Schumer and Kristen Gillibrand running for these seats. And who do the Republicans have running against them? Carl Paladino, Jay Townsend and Joe DioGuardi. If you had heard of any of these individuals before this past September then you are bigger a political junkie then I am. In fact, these three Republicans have virtually no chance of winning their elections (although Paladino was close in one poll before he went crazy on Fred Dicker on the Post). The Republicans in New York are virtually irrelevant. It is time for new leadership to take over the party and build it up from the bottom up.

Of all the crazy policies that Obama has advocated over the past two years (cap and trade, government takeover of medicine, the stimulus, closing Gitmo, trying terrorists in civilian court, cash for clunkers, the reform of the financial system etc.), the nuttiest is his obsession with raising taxes on all Americans making over $250,000. Making $250,000 in this country does not make you "rich" and the tax will affect thousands of small businesses. You don't have to be an economist to know that raising taxes during a recession is a terrible idea. Hopefully Congress pushes the President into accepting a two year extension of the current rates.