For those who have been following this blog for any period of time, they know I despise taxation. However, I am a pragmatist and am willing to bite the bullet on some tax increases for those making over $1 million in exchange for deep cuts in government spending.
Tomorrow, the President is taking his plan to increase taxes on those making over $250,000 to Facebook executives in the San Francisco Bay Area.
However, it seems many Silicon Valley executives oppose the President’s plan, even though the region voted disproportionately for the President’s hope and change agenda in 2008.
Obama won 78% of the vote in Johnny Walker Lindh’s Marin County. He won 85% of the vote in San Franciso County, 74% of San Mateo County, and 70% of Santa Clara County. According to the San Jose Mercury News, workers at Silicon Valley’s top 20 revenue companies donated five times more money to Obama than they did to McCain’s campaign.
What did these executives expect would happen? Hugs and kisses for everyone?
I bet many of them are now “hoping” to “change” their vote in 2012.
When you support a socialist, you should not be surprised when that socialist demands a wealth transfer from the most productive people in society to the least productive.
Quit your whining, Silicon Valley. You voted overwhelmingly for this president. Now suffer the consequences.