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.
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.