Skip to comments.Beware the Taxmageddon
Posted on 04/05/2012 9:27:21 AM PDT by IbJensen
Brace yourself. In a mere 271 days, you and your fellow Americans will be hit with a tax hike the likes of which this country has never seen. The Washington Post aptly called the unprecedented $494 billion tax hike Taxmageddon, and Federal Reserve Chairman Ben Bernanke described it as a massive fiscal cliff. Whatever your preferred imagery, its a really big deal.
Despite all the warnings, President Barack Obama has kept his silence while Congress has made no apparent effort to prevent this impending calamity to families and the economy. The prevailing wisdom is that something will get done in a lame duck session of Congress after the election. But why wait? And why after the election?
Heres why you should be worried. For starters, remember that this is the same President who in 2009 promised, if your family earns less than $250,000 a year, you will not see your taxes increased a single dime. Thats a vow hes broken, and in 2013, things are going to get even worse if this year Obama doesnt lead and Congress doesnt act. Katy, bar the door, theres big trouble in store.
(Excerpt) Read more at canadafreepress.com ...
No wonder very little of our 'stuff' is manufactured in America. The politicians and the bureaucrats in Washington need to be tossed into the Potomac like bales of tea!
Let's go Tea Party! Stop supporting more of the same and create a legitimate third party.
Niceties would be nice. Much of this penalty can be avoided with knowledge.
If Moslems and Congress are immune to ObamaCARE,
are they also immune to the taxes?
A valid question.
I suspect that by then this will be the least of our problems.