This morning on a local talk station, a black business owner called in and said that he is extremely concerned about Obama’s plan for tax increases on the rich. He said, “I’ve worked hard all these years and finally own my own business and am proud to be making over $250,000. I don’t think it’s fair that I fork over a big portion of my income to Obama and the Democrats to pay for health care for everyone.”
Obama’s plan will also raise capital gains taxes. This will affect all of the baby boomers who will be retiring and may want to sell their homes or other assets. Plus, they will begin withdrawing money from their 401(k’s,) and under Obama will pay higher tax rates, because they are also considered rich by the Socialist Democrats. These baby boomers have worked hard all their lives. Why should they have to pay more taxes because they were smart enough to invest, realizing that social security won’t be enough for them to live on, or might even go broke?
The Democrat’s answer to everything is tax increases on the rich. But they don’t stop there. They want to roll back the Bush tax cuts, which will result in one of the biggest tax increases in our history. Everyone who pays taxes will be affected, not only the “so called” rich. Our economy recovered from a recession and from the attacks of 9/11 to a large extent due to Bush’s tax cuts.
The country seems to be ready for “change” under Obama and the Democrats. The real change will be our "change" going into their pockets. I wish that everyone could have heard the call from the small business owner this morning. He is not rich. He is the kind of American who works long hours and provides jobs for other Americans. People like him are the people that Hillary, Ted Kennedy, Nancy Pelosi, Harry Reid and Obama, the "real rich," consider rich. They want more of his money so that they can implement more government programs to create their dream of the perfect Nanny State. They will only succeed if we let them.
Sandra Lea Wise
Exactly right. It is distressing that the dems love to punish achievement and independence. They want dumbed down dependents, so that their power wil grow.