I remember hearing how middle class Americans wouldn't see tax increases under Obama? Maybe I was mistaken?
I dismissed the notion when I originally heard it. Democrats are notorious for raising taxes, not just on the rich, which actually decreases the velocity of circulation, but on the middle class and poor as well. The trick, though, is to give you a cut in one area and then tax the hell out of you somewhere else.
Our politicians are spending money in ways that are unfathomable. I honestly don't think the politicians and bureaucrats responsible for this drunken spending binge have any concept of what money is. None the less, a spending they will go. TARP funds, GM bailout, Fannie/Freddie, GMAC, increases here, spendulus there and finally we're gearing up for Obamacare7. This entitlement will be the granddaddy of them all. In 20 years 100% of government spending will be taken up in entitlement programs Medicare, Medicaid and Universal Healthcare when it passes. That doesn't include infrastructure, defense, or any other near and dear government programs. Think about that for a second.
So how the hell do these retards spending OUR money plan to pay for Obamacare if they're not going to raise income taxes on the middle class? Here's a list of proposed taxes in other areas1&7:
- taxes on food items: such as soda, sugar based drinks, alcohol
- a possible VAT tax
- taxes on employer based health insurance
While these taxes aren't directly affecting your income, they will affect your disposable income as the price of goods go up. And as taxes are applied to goods, whether VAT or otherwise, fewer of those goods will be purchased. The result will be declining revenue for the Treasury and eventually the government will find new taxes to levy on all of us.
Sometime later today, or possibly next week the government will release their proposed Obamacare bill. Next week ABC will run their government propaganda machine straight from the White House8. It's being promoted as a Special on Obamacare: "Questions for the President: Prescription for America". What ABC has refused to do, though, is offer an opposing viewpoint to government run healthcare, such as Rick Scott's CPR. Scott apparently contacted ABC about running a commercial during the time slot, but ABC refused.
CPR has been running infomercials recently against government run healthcare2. Just today on their website is a post about the pending ABC News program5:
As the administration prepares for its health care program on ABC News, the one steadfast detail about their health care agenda is: no one knows the details. What we do know is a government-run health care system will increase health costs and crowd out private insurers, leaving American health care in the hands of bureaucrats and not doctors. Reports of partisan bickering and exploding costs are hindering the proponents of a government-run health care system. The incomplete budget score has left Democrats on the Hill doing anything they can to cut costs, except creating a plan that doesn't include a $1.6 trillion government-run health system.
http://www.cprights.org/2009/06/government-run-health-care-system-is-not-the-solution.php
Isn't it enough that the government is going to spend $2 TRILLION 4 dollars this year? When is it enough?
Even the AMA opposes government run healthcare5 . That should be an eye-opener.
Resources:
- The AP: House eyes new taxes as senators pare health bill
- Fox News: Health Care Infomercial Airs Despite Objections
- CPR: Conservatives for Patients' Rights
- USA Today: Benefit spending soars to new high
- CPR: Government-Run Health Care System is Not the Solution
- NSO: The AMA Opposes Government Health Plan
- CATO: Intensive Obamacare
- Fox News: ABC News Teams Up With Obama White House to Present President's Health Care Plan
Labels: Economics, Health Care, News, Politics