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Oct. 5, 2011 - Rush Limbaugh Program
36:49
October 5, 2011, Wednesday, Hour #1
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Welcome to today's edition of the Rush 24-7 podcast.
Well, there's a big dilemma down on Wall Street.
The Occupy Wall Street crowd got a hold of the minutes of their most recent meeting from their website, and they have realized that chilly temperatures have set in, which means that they are going to need sleeping bags.
So one of the challenges they have, honestly, one of the challenges they have is should they knit their own sleeping bags or should they sacrifice or compromise and go to a store and buy them?
Because if they do that, they're engaging in capitalism, which is what they're protesting against.
They're really conflicted about what – and that's the tip of the iceberg.
How are you, folks?
Rush Limbaugh on a day where the media is going nuts.
Herman Kaine has tied Mitt Romney in a poll.
Rick Perry has raised a whole bunch of money, $17 million.
The Politico has a story that says the opposition to Obama on the Democrat side and in the Democrat Party and country at large, really, is deep and solid.
And it's getting worse.
And I'm starting to get a little suspicious here, folks.
I think we need to have a little bit of suspicion about all these reports in the media reporting all the problems Obama has and all the trouble Obama's getting in.
As we know, the mainstream media, the drive-bys are agenda-oriented.
They have got a purpose here.
And while it's easy to think, okay, they're really getting worried.
They might throw Obama overboard.
It could be something else.
Could be setting up, wow, look at this comeback type of theme.
Or it could be that they're trying to frighten Obama into making sure that he doesn't moderate to this or whatever.
We're going to keep a sharp eye on it today and in the ensuing days.
But you can't deny that the reporting on Obama is getting tougher and his standing in the polls, the independents at large across the country, more and more of them are openly saying they disapprove of him and the job he's doing.
You probably by now have heard reaction to Obama quoting Reagan to buttress his own Obama's plans for raising taxes.
Now, that alone ought to make anybody who is informed about Reagan suspicious.
Here you have Barack Obama who wants to raise taxes and he's going out and he's quoting Ronald Reagan, who everybody knows is famous for what?
Cutting taxes.
He has taken a small excerpt of a speech that Ronaldus Magnus did give back in 1985, but he's taken it out of context.
And even though, I mean, art laughers all over television just ticked as he can be about this.
And a number of other commentators have weighed in, as will I at some point on the program today.
But before we get to the latest meeting, this Wall Street, Occupy Wall Street bunch is kind of like I felt back in 1985 when I was in Sacramento and the great Peace March for Global Nuclear Disarmament thing got started.
These people are going to march coast to coast for global nuclear disarmament.
They went to Mount Shasta and did, oh, I forget what it was.
That's right, total harmonic convergence.
So they went up top of Mount Shaston.
They all went hoping to send vibes to Reagan and Gorbachev not to push the nuke button.
And then the idea was to march across the country, get to the Pentagon and stage a die-in, which replicate what would happen at the moment of a nuclear blast, which essentially just all fell down and then started pouring red paint all over the steps to represent what never happened, but that was the objective.
Just as big a bunch of nuts, but this bunch of nuts is growing.
And it's going to be fun to cover this crowd.
And of course, they're getting serious treatment from some news organizations.
One thing, note that it is reported they are everywhere except Washington.
They're in New York.
They're all over the place, but they are staying away from Washington.
Why would they have all these problems with capitalism and so forth?
Why are they not in Washington where all these decisions are actually made?
And the reason is, of course, that they got no problem with what's going on in Washington with Obama and the Democrats.
So they're going to stay out of there and just spend time in other cities.
But nevertheless, some of the agony that they're going through is hilarious.
It's literally hilarious.
Should they spend their money on sleeping bags or bedroom slippers?
Should they actually go to the grocery store or should they ask for donations of food?
They are doing everything they can to avoid engaging in capitalism.
Wait till you hear some of the things that they're conflicted over.
But first, ladies and gentlemen, this is also hilarious.
Set the table for you.
Get Obama for the last four weeks.
He's had this miniature book.
He'd been waving it around at every campaign stop.
He's been saying, pass this bill now.
Pass it up.
My jobs bill.
Pass it up.
Demanding that Congress pass his jobs bill, the $450 billion worth of tax increases.
The bill never intended to be signed.
The bill never intended to be passed.
It's there for the express purpose of allowing Obama and the Democrats to say the Republicans are the obstructionists.
Okay, cut to the Republicans.
The Republicans still quake in their boots over what's said about them by the mainstream media.
So Obama says Republicans are standing in the way of you getting a job.
Republicans are standing in the way of new roads and bridges and schools and all the infrastructure crap that's supposedly contained in the bill.
Republicans hear that.
They cringe.
Mainstream media shows up at their press conferences.
What do you think of that?
Are you actually standing in the way of new schools and roads and bridges?
Do you really not want people to get jobs?
That's how it works.
So the Republicans don't want to get questions like that.
And they don't want to sit there and tell the press what is really going on because they're still intimidated by the press.
Yet Eric Cantor says, sorry, this thing's dead.
It's not going anywhere.
That ratchets the media up and ratchets Obama up even more.
See, see, Republicans don't care about you.
They don't care about your health.
They don't care about roads and bridges and schools.
They don't care about you working.
I do.
I want you to have a job.
See this?
Pass this bill now.
Dingy Harry over in the Senate is the only Democrat who's put his name to the bill.
And he said publicly, nope, we're going to get to this in a month or so, maybe the end of October.
We've got other priorities.
Besides that, I have a bunch of senators up for re-election in 2012, and I don't want to have them have to vote on this.
They're not going to help them to have voted for tax increases, letting the cat out of the bag that the jobs bill is nothing but tax increases.
So, Dingy Harry shelves the bill.
While Dingy Harry shelves the bill and says it's really nothing but tax increases, and I don't want my guys voting on it, Obama's still out there blaming the Republicans for no action on the bill.
And the media still goes to the Republicans.
Why don't you want jobs for people?
Why don't you want new roads, bridges, and schools?
The Republicans, geez, we're not us.
Have you not heard what Reed's doing?
So, Mitch McConnell decides: you know what?
Let's have a vote on this.
The president's entitled to a vote.
He has every right to get a vote on his jobs bill.
That's what our country is all about.
The president proposes a piece of legislation.
He wants new jobs.
He ought to get a vote on that.
Dingy Harry said, no, no, this is nothing more than a political trick.
Jay Carney at the White House, much the same thing, says this is nothing more than gamesmanship and disingenuous, which it is.
I mean, it is gamesmanship.
McConnell's saying, look, we're not the ones standing in the way, and we're going to illustrate here how it's the Democrats who don't want any part of this.
So go ahead.
We're going to arrange for a vote in this in the Senate.
And Dingy Harry says, nope, not going to play those political games.
Ain't happening.
Audio soundbites, starting with Obama yesterday in Mesquite, Texas.
Yesterday, the Republican majority leader in Congress, Eric Canna, said that right now, he won't even let this jobs bill have a vote in the House of Representatives.
Boo, boo.
This is what he said.
Boo, boo.
Won't even let it be debated.
Bro.
Won't even give it a chance to be debated on the floor of the House of Representatives.
Think about that.
I mean, what's the problem?
Do they not have the time?
They just had a week off.
Is it inconvenient?
All right.
So, see, table set.
I got a bill that's going to put everybody back to work, new schools, new roads and bridges.
And the Republicans don't want any part of it.
They don't want you to have a job.
Obama goes out and makes a speech.
Here's Mitch McConnell on the Senate floor yesterday.
Yesterday, I tested the president's rhetoric.
I proposed that we do exactly what he wants and vote right away on this second stimulus bill he's proposed as a supposed solution to our jobs crisis.
And the Democrats blocked it.
The president's own party is the only obstacle to having a vote on his so-called jobs bill.
So my suggestion to the White House is that if the president wants to keep traveling around the country demanding a vote on this second stimulus, that he focus his criticism on Democrats, not Republicans, because they're the ones who are now standing in the way of an immediate vote on this legislation.
And that's absolutely true.
Absolutely true.
But you will not see the media report on this.
In fact, AP story, Senate Democrats intended to jettison provisions that Obama recommended to pay for his jobs bill and substitute a tax surcharge on millionaires.
Dingy Harry outlined plans for a 5% surcharge in a closed-door meeting with a rank and file, according to participants, as Obama traveled to Texas to deliver his most caustic challenge yet to House Republicans who have not allowed a vote.
See, at the end of the day, the Republicans are the problem.
You just heard.
You just heard Mitch McCunger, let's vote on it.
Let's say, here's Dingy Harry after the Republicans want an immediate vote on Obama's so-called jobs bill that he is demanding.
Dingy Harry says, not so fast.
I was so disappointed yesterday when my friend, the Republican leader, attempted to snuff out debate and prevent a bipartisan discussion about how to move the American Jobs Act forward.
Rather than debating this bill on the floor, as we usually do, he wants to tack this important job creator.
Stop the tape!
Where was the debate on Obamacare?
Where were all the committee hearings on Obamacare?
Remember, we had to pass that bill before we could know what was in it.
So here's the rest of the bite.
On to an unrelated measure.
Again and again during the last few weeks, Republicans have rejected an all-or-nothing approach to legislation.
So imagine my surprise when they were unwilling to engage in a thoughtful debate that this bill deserves.
So Dingy Harry tries to turn it around.
No, no, no, no.
We want to debate the bill.
McConnell just wants a vote.
Well, that's what the president says.
The president says, give me a vote.
Vote on or now.
Pass this now.
Now, the problem in the House is, I hate to tell you folks, there still isn't a bill in the House to vote on or debate.
Nobody has put their name to it.
I mean, it's there, but it doesn't have a sponsor.
The only place where anybody can vote for or against Obama's so-called jobs bill is in the Senate.
It has not been introduced in the House of Representatives.
So this is classic.
McConnell comes up solution.
Okay, president deserves a vote.
Dingy Harry says, this is a trick.
This is a trick.
This is disingenuous.
This is gamesmanship.
We normally debate things around here.
And my Republican friend is trying to forestall debates.
This morning, Dingy Harry tried a new tack.
Democrats have listened to the American people and they have been very, very clear.
American people believe it's time for millionaires and billionaires to pay their fair share to help this country thrive.
Believe it's time for millionaires and billions.
When have they not been paying their fair share?
They're the only ones paying their fair share.
The truth be known.
So the Democrats are now saying that the Republicans, just as I told you, Republicans want your bridges to fall down so Obama won't get re-elected.
This is Maxine Waters last night on PMS NBC.
Number 14.
Are you kidding?
These are job killers, these guys.
They would rather try and undermine the president and not allow this jobs bill to come up for a vote than create jobs for their own constituents or make sure that the highways and the byways are safe.
Eric Hatch's district, 26%, well, in his state, 26% of all the bridges are in structural disrepair or functionally not able to work very well.
He does not care about the safety of his district or his state or repairing this crumbling infrastructure.
He would rather undermine the president.
Stop this jobs bill.
But we're up to the fight now.
Yeah, see, Republicans want those bridges in North Carolina to fall down.
And in South Carolina, Republicans want the bridges to fall down.
Republicans want your senior citizen grandparents eating dog food.
Republicans want your old folks kicked out of their houses and have their Social Security taken away.
And now, Republicans want the bridges to fall down.
So Obama won't get reelected or things like that.
Bridges are in structural disrepair or are functionally not able to work very well.
Is there what money?
Grooming money.
Oh, I'm sure she could get an issue.
Grooming money.
Yeah, I remember what you're talking about.
I got one more sound bite here from Maxine Waters.
Better take the breaker otherwise there'll be panic in areas I can't control it And moving right along Maxine Waters I want you to try to figure out here again now this is
This is from last night on MSNBC and the question she was asked is Congresswoman Waters besides telling everybody that the Republicans want bridges to collapse and seniors to have no Social Security What else can the Democrats do?
These Republicans, the Tea Party people who are opposed to creating jobs, opposed to making their states safe by repairing the infrastructure, they have got to be contacted.
Their representatives keep them uncertain about what's going on and they talk about, oh, those are the people who burn the American flag, but they don't talk about their economic condition.
They don't talk about the fact that they don't have jobs, they don't have health care clinics.
And so Democrats have got to take that message right into their districts.
And the representatives keep them uncertain about what's going on, and they talk about those are the people who burn the American flag.
They don't talk about their economic condition.
They don't?
We don't talk about our economic condition.
And Baghdad Jim McDermott got in on this.
And the question he got was, Congressman McDermott, aside from saying the Republicans want bridges to collapse and people to die in their cars going across the bridges and the senior citizens are going to be eating dog food because they're going to have no social security.
What else can the president do?
Is he doing all that he can do, in your opinion?
John Boehner has 171 bridges in his own district that he doesn't care about.
He'd rather help Mitch McConnell sink the president when that's the highest priority.
Those bridges you're driving over are not safe, and John Boehner doesn't care.
I think sometimes about that bridge that fell down in Minneapolis.
And you say to yourself, how would you like that to be your legacy in your district that you didn't push to get those bridges repaired?
You would think I'm making this up.
I'm just trying to be funny.
This is what they're saying.
Republicans want the bridges to collapse, just so Obama will fail.
Republicans want you to die.
They don't want you to have a house.
They don't want you to have a job.
They don't want to do anything.
The bridge in Minnesota was not a repair problem, by the way.
You know, these Wall Street clowns, they walked across the Brooklyn Bridge.
Anybody warned them?
Just to remind you, the Minnesota Bridge was a design flaw in that bridge.
It was not a repair problem.
It was an excellent repair, in fact.
It was a design flaw, and that was the regime's own ruling, NTSB's official ruling.
Okay, the rats are now scrambling below tech.
Dingy Harry just held a press conference to announce a vote in a few days on Obama's tax bill.
The American Jobs Act, President Obama's program that we've talked about for the last several weeks.
We hope to set up that first vote on that very, very soon within the next year.
What changed here?
We're going to propose to pay for this important jobs legislation by asking people who make more than a million dollars a year to pay 5% more to fund job creation, ensure this country's economic success.
It's time for Republicans to stop their partisan games.
Yesterday, what the Republican leader did on the floor is really disingenuous.
Yeah, well, why are you reacting to it, slime ball?
What a snake.
You know, the piece of paper that this transcript is printed on is greasy.
I can barely hold on to the piece of paper.
What a slickster.
Okay, so they're now going to have a vote.
The rats are scrambling below decks.
They're going to have a vote, and they're going to set up a 5% tax increase to fund job creation.
This is as idiotic as the Starbucks guy asking people to contribute $5 to a job creation fund when they buy a latte or whatever they buy at Starbucks.
You missed that yesterday.
I thought you might have missed that when you're out there screening.
Is this how we create jobs?
We have a job fund at Starbucks.
And oh, by the way, let me find it.
There's even a Obama's getting on a tweet for jobs.
Let me find that.
I got that here in this.
Yes.
Why hadn't we thought of this before?
Tweet for jobs.
Yep.
President Obama's campaign adding another social media tool to pressure Congress to act on his jobs bill.
On Tuesday, campaign launching Tweet for Jobs, a tool that allows users to find their legislators and tweet directly to lawmakers their support for Obama's so-called jobs bill.
The website reads, President Obama calling on members of Congress to pass his plan to create jobs, strengthen the economy, the American Jobs Act.
You can help him urge your legislators to pass it.
Use our tool to tweet your Republican lawmakers about why you support the president's plan.
Meanwhile, the Republicans are not stopping it.
This thing has no Democrat votes.
So here's Dingy Harry.
McConnell's move worked.
His people can logically figure this out.
I mean, this is pathetic.
The Democrats used to be much slicker and better at this.
But this, this is embarrassing.
McConnell calls for a vote, simply says that's what the president wants.
The president deserves a vote.
Dingy Harry says that's gamesmanship.
That's disingenuous.
Why?
We always have debate around here.
And then the next day, Dingy Harry says, you know, okay, we're going to have a vote.
We're going to add a 5% tax on people making more than a million dollars to fund job creation to ensure this country's economic success.
You know, in the old days of this program, back when life was a little bit more carefree, every day after prepping the show, I had a stack called the silly stack.
Silly stack of stuff.
Lighthearted, goofball, oddball stuff going on that had nothing to do in many ways with politics.
This would qualify for it.
These people are just getting more and more transparently ridiculous every day.
We're going to propose to pay for this jobs legislation by asking people maybe more than a million dollars a year to pay 5% more to fund job creation.
As though Washington has anything to do with job creation.
Washington has nothing to do with job creation.
As we've seen the last two and a half years, what Washington does is destroy jobs.
What Washington does is put obstacles in the way of economic growth that would lead to job creation, particularly Washington when run by Democrats and liberals.
Aren't millionaires the ones that hire employees?
Is this a good time to start punishing them?
And Chuck Hugh Schumer got in on the act.
After Dingy Harry finished, Chuck Hugh Schumer strode into the microphone.
We have spent the last several weeks planning how it can win the most votes on the Senate floor as one package.
We believe we have found the best answer available.
These tough economic times call for sacrifice, shared sacrifice.
So we believe the best way to ensure this worthy package does not add to the deficit is to get rid of unneeded tax breaks for millionaires and billionaires.
This is a change from the original proposal, but we've consulted with the White House on this, and they're fine with the idea.
Oh, really?
The White House plan had no tax increases on the millionaires and billionaires.
I can't keep a straight face.
You know, the scary thing, and at the same time, the funny thing is that there are dunderheads who believe this.
There are knuckleheads, there are plain, just dumb people who believe all of this.
And they're there, and you've got to deal with it and put up with them.
But this is just over the top, ridiculous.
Now, tweet for jobs, a tax increase to fund job creation, Starbucks collecting $5 to create jobs.
And I'll bet you, you walk into your average public school, high school, middle school, grade school, pop your head into any class where some stupid teacher, and believe me, by stupid, I mean ill-educated, misinformed, don't know what's right, they've been taught a bunch of lies when they went to college and learned to be teachers, are filling their kids' heads with the biggest bunch of economic junk.
I'll bet we could pop our heads into one of those classrooms, pick one at random, and we would be shocked.
And we'll be here.
Well, probably not.
It's been going on long enough now that we're familiar with it.
So anyway, there you have it.
Tweet for jobs, a new tax increase.
Dingy Harry, obviously the pressure.
The pressure to vote on this bill is intense.
And what this means is that Dingy Harry's effort yesterday was a total bomb.
Means that McConnell won this one.
Why wouldn't he?
Obama waving it around.
Pass this bill now.
McConnell says, president deserves a vote on his bill.
Dingy Harry says, this is gamesmanship.
We always have debate around here.
We're not going to vote on this.
We're not going to give the Republicans what they want.
They just want to make sure our bridges fall down and our senior citizens die from eating poisoned dog food.
And we're not going to let that happen.
Then the next day, today, Dingy Harry comes, okay, we're going to have a vote on it real soon.
And we're going to add something to it.
We're going to raise taxes even again.
And the White House is all for it.
And why wouldn't they be?
You want to take a bet that there won't be a vote on this?
These Democrats in the Senate, who are up for re-election, the last thing they want to do is go on record voting for this thing with all these tax increases in it.
I don't think Dingy Harry has enough votes to give all those.
He's got too many senators up for re-election.
I don't think he can give them a pass and let them all vote no because then the bill won't pass.
And I can't believe that they're going to have a vote on this when the bill fails.
They don't do that.
President's out there waving it around.
The Democrats run the Senate.
They have a vote and it's defeated.
I mean, that blows up the whole purpose of this.
We'll keep a sharp eye on it, folks, but that's the original take on it.
Yeah, if we had a silly stack, I got something else to put in it.
Let's tweet for Moochell.
We have now learned that on a recent vacation trip, Mooch Hill and her 20-person traveling party, a 21-person traveling party, spent over $500,000.
Now we know.
Now they knew that story was coming.
They knew Moochel, 21 people, 500 grand over to Thanksgiving holidays, and it was billed a working trip.
Yeah, like I assemble my staff for all four days of the Thanksgiving weekend, and we work really hard.
The two Obama daughters were listed on the trip as what, senior staff, senior staff, the two little girls, senior staff.
And given some of the policy that came out about that time, that makes sense.
But now we know.
Now we know why they dressed Michelle up like a cleaning lady and sent her over to Target to buy Lysol because they knew this was coming.
Tweet for Moochell.
And by the way, folks, I have here in my formerly nicotine stained fingers, lo and behold, I just asked or pointed out if we pop our head into any school economics class, we would be shocked and saddened by what we hear.
Cookie informs me that we have just such a teacher.
Last night on Sergeant Schultz's show on MSNBC, he spoke with the woman that Obama introduced in his speech on the American Jobs Act in Mesquite, Texas yesterday.
She's a laid-off teacher.
Her name is Kim Russell.
And Sergeant Schultz said to the laid-off teacher that was part of Obama's speech yesterday, I got to ask you, how do you feel about what's taking place in this country right now?
Where it could be an investment in jobs and it doesn't appear to be happening.
I'm very disappointed.
Stop the tape a minute.
I want to re-emphasize this woman is a teacher.
She's, I don't know what grade, but she is a teacher of children.
Being a teacher, just in general, you teach your kids always to get the best education possible because they can be who or whatever they want to be.
Wait a minute, stop, stop, stop.
Now, I'm sorry.
I parse words.
I mean, I'm a wordologist.
Words are my business.
And so I listen very carefully to the words other people use.
Now, you might think I'm nitpicking here, but she just said, in general, you teach your kids always to get the best education possible.
So in her class, where kids are ostensibly getting the best education possible, that's what she's telling them.
And remember, you got to get the best education possible while they're being educated.
She says that.
I wonder how many students say, yeah, and it ain't happening here.
Go back to the top of the bite, and I will not interrupt the rest of it.
This is a woman.
I don't know what she teaches.
Doesn't say here what she teaches.
Maybe nobody knows, but she is a teacher.
I'm very disappointed.
Being a teacher, just in general, you teach your kids always to get the best education possible because they can be who or whatever they want to be.
Being a government and economics teacher, I teach them that America is one of the most thriving countries and innovative countries in the world.
And that every, you know, basically every other country wants to have basically the type of government economic system we have.
And then I have to turn around and say, but you know what?
At this point now, we're in a position where we've never seen this type of thing before, where there are positions of police, nurses, teachers.
We've never seen this type of thing before where there are positions of police, nurses, and teachers.
I guess she means not working.
Anyway, that's doesn't say.
I don't know what she teaches.
Oh, I say, it teaches government and economics.
Teaches government and economics.
Right.
And she also teaches how important it is to go to get a good education.
She said that.
She teaches that.
Teach your kids always to get the best education possible.
Texas, Susan Mesquite, Texas.
Obama used her.
She was one of the props on stage.
She's an unemployed teacher.
And so he brought her up on stage.
This is the kind of woman.
Huh, Jobs Bill.
Put her back to work along with millions of other people.
And it has to cross the bridge on the way to work.
That bridge ain't going to fall down.
If you pass this bill now.
And of course, the only reason that the bridges are going to fall is because the Republicans want them to.
That's right.
The Republicans have probably snuck over to some of these bridges and put dynamite underneath them.
That's the next thing that we're going to hear.
Make this woman senior staff.
Take her on the next Mochelle vacation.
Or have her go along with you on the next shopping trip to Target.
Tutor the kids.
There you go.
Tutor the kids.
Let's grab a quick phone call.
John in his truck on I-40 in Arkansas.
Welcome to the EIB Network, sir.
Hi.
Hey, Rush.
Hey, listen, I just want to say that each truck out here spends, our company spends $4,500 a year on their units.
Our company has 1,500 units.
That's $6,750,000 a year that they pay to the federal government.
Now, that's supposed to go to the government.
They're supposed to divvy it to the states.
States are supposed to divvy it to the company.
So the infrastructure that's not getting done, I'd just like to know where the money's going.
You know, you have asked the single best question of the day.
Tax revenue, tax revenue in this country generates $3 trillion a year.
We spend $4.5 trillion, so a trillion and a half that we don't have.
The idea after the government raises $3 trillion and we're spending $4.5 million.
And the idea that we're short on infrastructure, that we're short on funds for education, we are not short on anything.
This is not a money problem.
We don't need the guy at Starbucks passing a cup for five bucks.
We don't need tweet for jobs.
And we don't need these idiot Democrat senators raising taxes on millionaires and billionaires and corporate jet owners to fund job creation.
We need these people to take a permanent vacation and just stop doing what they're doing.
The amount of money that this country has, the amount of money the states have, you would be stunned to learn.
We all would be stunned to learn where so much of that money is going.
And I mean into the back pockets of individuals.
And pensions.
30-year pensions and lifetime health care for people who worked for 10 years.
That kind of thing.
I got to take a break.
It's a good thing, too, because I'm close to them.
We got more details here on the new tax from the millionaires tax for 10 years that Schumer and Dingy Harry are proposing.
Senator Schumer said the surtax would impact any income earned by people above a million dollars annually.
It would also impact dividends and capital gains.
And Schumer said that it would be in place for 10 years.
So presumably this 5% tax would be piggybacked on the tax increase when the Bush tax cuts end in 2013.
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