Saturday, October 17, 2009

We’re broke, time for a new tax

In the past week we have heard that our government is broke, that the deficit is now projected to be 1.4 TRILLION DOLLARS this year alone and that we can expect increasing deficits over the next ten years.

Our legislators are preparing a “Health Care” reform bill generally known as “ObamaCare”, which according to the Congressional Budget Office (CBO) will cost over 829 BILLION DOLLARS or according to Harry Reid, upwards of 2 TRILLION DOLLARS.

We, the community of American citizens, are suffering an unemployment rate hovering around 10%. Of course we were told, the application of more than 700 BILLION DOLLARS of our money would guarantee to keep it below 8%. Our legislators are discussing another round of stimulus appropriations as a remedy. Even at this early stage of the Obama administration, it is apparent that taxes must increase. Good money after bad it seems.

The President made and has repeated two promises -- First, not to raise taxes on anyone making less than $250K per year and Second -- not to sign a health care bill which “adds to the deficit by one dollar, now or in the future”.

In order to protect the Presidents pledge not to raise taxes, the house is proposing a Value Added Tax (VAT). Of course this is an additional tax and one which will absolutely affect those making less than $250K per year, but since it is not a direct income tax it is somehow considered to be acceptable, regardless of the effect on the middle class.

Don’t even consider promise number 2, this is such an absolute lie that only the most ardent and stupid supporters of Obama believe it.

Yet the class of professional politicians which has evolved over the past 50 years continues to run interference for Obama. They don’t pay attention to us because history has shown that we continue to vote for them regardless of their actions
 

We, the responsible citizens of the United States of America, must pay attention, become active and stay active or we will find ourselves devoting the majority of our working lives to support the government.
We can start by paying attention to what is happening in Washington. Let our representatives know that we are watching. Regularly tell them that your vote will reflect their actions. We the citizens of this country, the responsible majority, those of us who have been sitting on the sidelines, must get out and break down the wall.