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BillOReilly.com
July 24, 2008  

Uncle Sam hands out moneyBill's Weekly Column
A Cash Transaction
I don't want my money supporting some layabout who wants to get high all day long. Robin Hood wouldn't give those people money. The feds shouldn't either.

If Senator Obama becomes President Obama, my taxes will go up... way up. But I know neither Argentina nor anyone else will cry for me, because I am the rich guy Al Gore warned you about—the one that got all those tax cuts from the evil Bush administration.

Yes, I am part of the one percent of Americans that paid an astounding 40% of all federal income tax in 2006. According to recently released IRS figures, about 50% of my fellow Americans paid no federal income tax at all that year. My fellow one-percenters and I covered for them. But, for some, it is still not enough.

Senator Obama believes in "income redistribution," a concept practiced by Robin Hood in Sherwood Forest. Like Robin, Obama wants to take from the rich and give to the not-so-rich. He wants to raise taxes big time on those making $250,000 or more.

That means that if you live in New York and earn a quarter of a million bucks, you could be paying close to half of your income in taxes. Even Robin Hood might find that somewhat extreme.

Continue reading the full column...

Coming Up on the Factor...
Here are some of the highlights you can look forward to on upcoming installments* of The Radio Factor and The O'Reilly Factor:

  • Is bottled water a rip-off? Or could it actually be harmful to your health? We'll have an investigation that may surprise you...
  • She's back by popular demand! Marina of the popular website HotForWords.com will make a return appearance on the Factor...
  • In a classic American TV Icons segment, All In The Family actress Jean Stapleton talks to Bill about her career...
  • Karl Rove and Howard Wolfson will enter the No Spin Zone to update us on the ongoing campaigns for the White House...

* Lineups and schedules are always subject to change based on breaking news.

 

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