Obama Bent on Soak-the-Rich Schemes

In his State of the Union address, President Obama will propose much he knows the Republican-controlled Congress will not enact, but his real agenda is to set the table for Hillary Clinton’s 2016 presidential campaign.

Once again, the president will propose soaking the rich with higher estate, capital gains and bank taxes, while adding to entitlements for the working poor and middle class—new tax credits, higher child care allowance and more college tuition assistance.

In his State of the Union address, President Obama will propose much he knows the Republican-controlled Congress will not enact, but his real agenda is to set the table for Hillary Clinton’s 2016 presidential campaign.

Once again, the president will propose soaking the rich with higher estate, capital gains and bank taxes, while adding to entitlements for the working poor and middle class—new tax credits, higher child care allowance and more college tuition assistance.