Tag Archives: Middle Class

Exactly What Do They Mean By Claiming It’s A Tax ?

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The chart below appeared in the Washington Times yesterday:

There are a few things to look at when viewing this chart. Notice the increase in dividend, capital gains and investment taxes on the ‘so-called wealthy.’ How long do you think it will be before that tax increase begins to apply to those of us with significantly lower incomes? How long will it be before that tax applies to all retired people attempting to live on those dividends?

The Washington Times reminds us:

The high court’s ruling leaves in place 21 tax increases in the health care law costing more than $675 billion over the next 10 years, according to the House Ways and Means Committee. Of those, 12 tax hikes would affect families earning less than $250,000 per year, the panel said, including a “Cadillac tax” on high-cost insurance plans, a tax on insurance providers and an excise tax on medical-device manufacturers.

“This is a clear violation of the president’s pledge to avoid tax hikes on low- and middle-income taxpayers,” said a statement from the panel, which is chaired by Rep. Dave Camp, Michigan Republican.

On the campaign trail four years ago and since taking office, Mr. Obama has been fond of saying that middle-class families will not see their taxes rise “a single dime” under his leadership.

The thing to remember here is that Obamacare is not about healthcare–it is about redistribution of wealth. The goal here is to give everything you have worked hard for to those people who have been unwilling to work for it. Please keep this in mind when voting in November.

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Are The Democrats Really The Champion Of The Middle Class ?

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The Canada Free Press posted an article today detailing the impact on Nancy Pelosi, Harry Reid, and President Obama have had on the Middle Class since 2006, when the Democrats took over Congress.

The article cites a number of areas where life in the Middle Class has become much more expensive and less secure. Unemployment in 2006 was under 6 percent; now it is almost 9 percent (and higher if you count those who have stopped looking). Grocery prices are up due to the declining value of the dollar. In late 2008 gasoline in Florida was $1.50 a gallon; for the past year gasoline has been over $3 a gallon. Heath insurance rates have gone up since the passage of Obamacare. College tuition rates are also climbing rapidly. Real estate values are about the only thing that has gone down!

The article concludes:

In January, 2007, the federal debt stood at approximately nine trillion dollars. When President Obama was inaugurated in 2009, it was just under twelve trillion. In mid-November, it surpassed fifteen trillion and is already nearly twenty percent of the way to SIXTEEN. Per citizen, this amounts to nearly $50,000 ($48,542, to be exact). This is the amount owed by EVERY man, woman, and child in America today. Look at it another way: Every child born in the United States enters this world with a $50,000 liability. And this is before he or she has soiled his or her first diaper. When the Democrats came to power in 2007, this figure stood at around $30,000 which was, by anyone’s measure, an obscene number. But your “warriors for the middle class” have increased this by two-thirds all the while portraying themselves as your friends.

With friends like this, you do NOT need enemies!

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