Higher taxes for all

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  Despite all of Obama’s campaign rhetoric and his claim that 95% of all Americans under his presidency would be given a tax cut.  All that has happened over the first 52 days of his presidency leaves a stunning chill of the fact that he has not only secured unconscionable debt and higher taxes for future generations, but, has assuredly burdened all Americans with increases in direct and indirect taxes. The problem will worsen over the term of his presidency as he pursues his core goals of societal transformation and wealth redistribution.

 

 Barack Obama, with a silver tongue and a play on the worry of the American people managed to pull of a brilliant steal of the tax issue by running right of John McCain and the Republicans. He even posted a tax calculator on his web site to show worried people how much he was going to give us back.

 

  Obama’s views on taxes are not a necessary evil, but, a moral imperative. Fact is, the morality issue of higher taxes is central to Mr. Obama’s worldview, and winning the higher tax argument hinges on selling and defending the moral imperative of taxation. Let’s take a closer look at how Obama justifies his support of higher estate taxes:

 

  When you’ve got an estate tax debate that proposes a trillion dollars being taken out of social programs to go to a handful of folks who don’t need and weren’t even asking for it, you know we need an injection of morality in our political debate.”

 

  There were two events from the campaign that exposed Obama as a philosophical tax advocate and the first exposing event occurred during the first primary debate moderated by ABC’s Charlie Gibson.  Gibson challenged Obama on the premise that raising the capital gains tax would in fact lower tax revenues for the government. Cornered, and in a stammering way, when caught off guard, Obama had to admit that, for him, raising the capital gains tax rate wasn’t about raising tax revenue, but, “for purposes of fairness.”

 

  The second exposing event occurred during a chance encounter with “Joe the plumber” – Sam “Joe” Wurzelbacher. Looking back on that chance encounter, “Joe” challenged Obama’s views on his tax cut thesis. Obama’s response was one of implying that higher taxes are good for society. “My attitude is that if the economy’s good for folks from the bottom up, it’s going to be good for everybody. Then Obama stated. “I think when you spread the wealth around, it’s good for everybody.”

 

Obama has levied his first tax to kick off the route for socialized healthcare by placing an unfair indirect tax of $.70 per pack of cigarettes. Socialism has taken its first bold step in America. Keep your eyes and ears open, Obama’s promise of higher direct taxes will be coming soon. Look for:

·         Increase in the capital gains tax from 15% to 28%

·         Phase out of personal exemptions for top earners

·         Expect a 20% increase in the top two tax brackets

·         Look for up to 32% increase in the top payroll tax rate

·         Look for the Death Tax to be rolled back to 45%

·         Health insurance payroll tax on employers

·         Look for a 25% increase in the corporate tax rate

 

Also some other indirect taxes that will hit all of us:

·         UN Global poverty tax

·         The Carbon Tax

·         Higher utility and gas prices from the Green Energy Crisis

·         The tax of raising the minimum wage

·         A guaranteed government retirement system

 

These are not all the taxes we will see coming our way, but, these will serve as indicators of happenings in an Obama nation.

 

 

 

 

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The Patriot's Voice -2010