Skip to comments.Merry Christmas: This Tax Increase is for You, America
Posted on 12/01/2012 6:14:43 AM PST by Kaslin
Lets cut right to the end of the story: Ordinary people have already tumbled off the precipice.
There will be no dramatic rescue at the height of the tension, with crashing, ominous music turning to a sunshine ditty, a government handout straining to reach you, to save you from tumbling over the lip of the cliff.
Instead the government is going to intentionally bump into you, making it look like an accident, head turned away, mumbling an apology, much like a pick-pocket does in a crowd, with the object to lift your wallet.
So, yes; however much they deny it, your tax bill is going to go up. Dramatically.
And Obama revealed as much when his muppet, Treasury Secretary Tim Geithner, presented one of the White Houses patented, joke-shop budgets to members of the loyal opposition.
The GOP says its basically the same budget they rejected last year.
And along with the promised tax increases for the rich, Obama is promising something special for you too.
$600 billion in additional taxes.
I know; youre thinking: Gosh, the 21 tax increases he already passed that are aimed at me were generous enough.
And to think we didnt get him anything.
"We have not seen any good-faith effort on the part of this administration to talk about the real problem that we're trying to fix," said GOP House Majority Leader Eric Cantor according to CNBC.
"To date, the administration has remained focused on raising taxes and attending campaign-style events, with no specific plans to protect Medicare and Social Security or reduce our national debt in a meaningful way," said Senate Republican Mitch McConnell.
A senior Capitol Hill Democratic aide confirmed that the GOP description of the Geithner proposal is consistent with the latest Democratic position, says CNBC. The aide was not authorized to discuss the proposal publicly, and would do so only on condition of anonymity.
Id want to be anonymous too if I were a Democrat. Im surprised that Geithner didnt just drop the budget at the door, ring the bell and run away.
And, really, it was never going to end any other way than taxes for EVERYONE.
Its not class warfare they are after; its your money. The class warfare rhetoric was the fable they told you just to lull you to sleep, like Scheherazade trying to keep her head.
You cant finance everyones home, everyones retirement, everyones healthcare, everyones student loan, everyones bank, everyones brand new clunker and everyones green fad- and not expect to pay.
We know the math as well as the economists do. It doesnt take higher mathematical functions to understand that outgo cant dwarf income for forever.
One plus one plus one plus one equals a lot of money when there is are trillions attached to the One.
And politicians at the federal, state and local level have been so unable to resist growing government that not only does government count for the largest sector of our economy at 41 percent of GDP, but we celebrate the addiction as if its a real meaningful addition to our lives.
Third-quarter GDP growth revised upward to 2.7%!!! said the Los Angeles Times as the government revised GDP numbers upward to account for the government spending that the government forgot to mention the first time around.
We spent what?!!? said a government auditor who was promptly fired.
And the revision would be great if the revision wasnt going to come out of your pocket in the form of future tax increases.
Now, given whats going on in Washington with the budget debate, its interesting that one of the biggest drivers of the third-quarter numbers, as noted by East Shore Partners strategist Joan McCullough, was government spending, reports the Wall Street Journal.
We are totally reliant on inventories and federal spending which are dicey, unsustainable and at this rate, wont create jobs, says McCullough in the WSJ.
So it has all the hallmarks of a sophisticated, well thought out, intentional Obama economic plan.
Heres another hallmark: You can expect another crisis- everyday.
one of the main reasons MR lost was that he let 0 get away with the big lie of class envy.
MR never once pointed his finger at 0 and clearly stated that
to pay for 0’s debt the only place that has enough money is the middle class. And 0 will be coming at them to pay more.
Heres another hallmark: You can expect another crisis- everyday.
This one struck a chord with me.
If this is true and “A new Crisis Everyday” becomes the new normal, then you can reasonably expect the public at large to ignore every crisis as they are just burnt out over them.
Then extrapolate ahead just a bit... When a REAL crisis occurs the public as well as the government sector will not be able to move into a higher “gear” or level of caring and willingness to do something about it.
The Left is punishing the good people of America that actually pay their taxes with their lord and savior Barack Obama...
obama is so full of hate for Americans. Why can’t they see this.
0 and the dems are close to getting what they want - a system that automatically takes money from productive, honest people and gives it to indolent slackers who automatically vote democrat.
Which is exactly why we should let this clock run out, and the new taxes hit everybody. Let them blame it on us. Because there's no way to escape that...even if we could, tomorrow's crisis would be blamed on us. And Monday's and Tuesday's...
There is no political win here. But we can rely, I believe, on Obama wearing out his welcome with the sheeple. They just don't listen to him anymore than they listen to us--he'll wear them down.
On the flip side, if the whole 53% had turned out to vote it would ensured Obama was gone - Many non-voters are carping and they ought to be kicked in the a$$.
Mitt didn't want to be mean to obama, he reserves that for conservatives.
To think the lying piece of s&%t got away with claiming to be a tax cutter all campaign season long.
Keep Christmas cheap; the jobs we lose may be the votes that save 2016’s Republican candidate (if not give the Senate to Republicans in 2014).
A lot of Obama voters are wishing I spent money the way I had in the past; instead I’m paying down debt, and probably singlehandedly drove McDonald’s stock down.
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