It is absolutely amazing to me that anyone would be shocked by Obama’s desire to even the playing field, to end this “unfair system” where the rich get richer and the poor never get a break. Maybe they thought he was like every other Democrat, lying to get elected. But they just had to look at his life before he started campaigning to see that this was something that ran deep through him and wasn’t just campaign rhetoric. It was so clearly evident in all the clips of him spouting the same rhetoric before he even started campaigning. It was clearly evident by his career choice and by the church he attended. It was clearly evident in his books and the people he admired. And it was certainly evident in his Joe the Plumber Kinsley Gaffe, he said that he wanted to redistribute wealth and he meant it. And when he said that he wanted to raise the capital gains tax even if it lost revenue because it was the fair thing to do, that should have been a huge red flag for any capitalist that Obama was a class warrior and wanted to stick it to the rich even if it makes no sense to do so (just as raising corporate taxes makes absolutely no since during a recession, especially a recession with an 8.9% unemployment rate) That they missed that shows they seriously lack wisdom and discernment:
Wealthy Wall Street financiers and other business figures provided crucial support for Mr Obama during the election, backing him over the Republican candidate John McCain as the right leader to rescue the collapsing US economy.
But it is now dawning on many among them that Mr Obama was serious about his campaign trail promises to bring root and branch reform to corporate America – and that they were more than just election rhetoric.
[…]
Mr Obama has so far pushed back against strong protectionist pressures in Congress seeking to force US companies to keep jobs at home. But the business community is alarmed by plans confirmed last week to close down the tax loophole which allows American multinationals to park hundreds of billions of dollars beyond the US tax man’s reach in their overseas subsidiaries.
Under one of his tax reforms, companies based in the US would be required to pay US taxes on all their overseas earnings.
Among those affected by such changes would be some of Mr Obama’s most powerful supporters in the election, such as Eric Schmidt, Google’s CEO, and other “Silicon Valley” executives whose profits are mostly made abroad. They were taken aback when the President blasting companies for “shirking” their responsibilities by avoiding tax.
Though I think this tax would be disastrous for the country, it would humorous to see lefty corporations like Google put their money where their mouth is and have to cough up millions more in taxes. They created the monster, let them live with the consequences. That goes for all the other wealthy Obamanites who contributed to his campaign and are now whining about his policies.