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Sunday, October 28, 2012

2013 - the Year of The Tax?

No doubt that if Barack Obama is re-elected then not only will obamacare continue to stand as the law and bring the increases of taxes down upon the already over burdened American people, but also a new Obama term bring an end to the temporary Bush tax cuts which have been the only government action that has benefitted the middle class.

With Obama winning another term, and despite the poor economy, you will never hear him say (again) that imposing new or higher taxes is the wrong thing to do in a weak economy. You will hear him say things like: "Everyone needs to pay their fair share", then under his breath "and for you rich people that fair share is going to be a much, much higher percentage",.....people making $200,00 or couples making $250,000 or more will be taxed at the 39.5% rate - and remember this tax is just for federal incme tax. It does not include all the other taxes we pay which bring out tax burden to half or hat we make and more.

Don't forget about Joe Biden outright lying at the Vice-Presidential debates when he said "Obama would only raise taxes on people making $1,000,000 a year or more." Joe Biden got a pass from the legacy media about this lie.

The Democrats, trying to paint themselves as looking out for the middle class, pushed a temporary reduction in the Social Security payroll tax, which was very stupid since the relief it provided was small and the social security program that is going bankrupt, now just alittle quicker.  But this temp pay roll tax cut was in keeping with their general trait of trying to bankrupt this country. Just look at three main points:

1. No Federal Government budget is three years!!
2. Over $1 trillion in deficit spending per year since Obama came into office.
3. A federal debt, burdening our children and grandchildren, at over $16 trillion and growing every second.

Anyway, when Romney gets elected and the temporary social security payroll tax expires just watch the cockroaches,....I mean the Democrats,....try to paint him as a middle class taxer.

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