Today, the Obama Administration released its $3.76 trillion budget for 2011.  The budget’s ugliest features are a $2 trillion tax increase on upper-income taxpayers and businesses, and a $1.56 trillion deficit. This new abomination of tax-spend-borrow waste is less of an actual budget than it is the Christmas list of a spoiled brat.

The Obama Administration’s “bailout tax” is a political sham which punishes success, rewards failure, and will negatively affect the economy.