Reluctant Blogger Says Obama’s “Pulling Me Back in!”

Early word’s in on just how Obama plans to pay for the Sorta Big Jobs Plan proposed the other night, which has much for the reasonable to like, I think. Among the money-raisers:

— A limit on itemized deductions and certain exemptions on individuals who earn over $200,000 and families who earn over $250,000, which would raise roughly $400 billion over 10 years.

— A proposal to treat carried interest earned by investment fund managers as ordinary income rather than taxing it at capital gains rates, which would raise $18 billion.

— Eliminating certain oil and gas industry tax breaks that would raise $40 billion.

— A change in corporate jet depreciation rules that would raise $3 billion.

Perfect he ain’t, but as I noted earlier, the Absolutely-No-Revenue-Increases-Ever Again-in-the-Universe Repubs have failed the common sense test. And  now that the O Man has come out of his helpless-pinata mode  of the summer, I’m. . .I’m. . . well, I’m feeling like these famous Italian tough guys. Can’t seem to give up on the guy!


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