Thoughts...

In yesterday news I read:

President Obama on Thursday pulled back the curtain on his first detailed vision of the federal budget for the next 10 years. His outline includes an ambitious plan to reform health care, half of which would be paid for in great part by increasing the tax bite on high-income Americans. Obama has said repeatedly that his first fiscal plan would have a two-pronged mission: to reduce the $1 trillion-plus deficit and make big investments in the future

The quote again: to reform health care, half of which would be paid for in great part by increasing the tax bite on high-income Americans

My comment: Exactly those high-income Americans pay most of the taxes. Now may be, just may be, they will began to "shrink" their businesses (I prefere not to use word "contract"), and finally to pay less taxes.

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Here another one:

President Barack Obama is anticipating a new $750 billion bank bailout this year, more than doubling the direct infusion of taxpayer money into the reeling financial sector

My comment: Auch!!!