Saturday, April 10, 2010

Oh the Taxation of It All!

As I sit here Saturday morning sipping coffee and eating oatmeal, watching a business news channel, I am frozen in amazement, spoon half way to my mouth. Discussion of a climate tax, of a 20% sales tax, 20,000 additional IRS agents needing to be hired to oversee and collect on the penalty fees which the IRS expects to collect when small businesses who couldn't afford to provide healthcare still cannot afford to provide healthcare, pay this new fee. $2 TRILLION in deficit spending within the first 15 months in office, about FOUR TIMES the deficit run up by the previous administration over its entire 8 years.

The average household's obligation for its portion of the federal government's debt (not state or local bonds or taxes, mind you) is now $72,000. On January 15th, 2009, it was $56,000. That's a 28% increase in the Federal Debt in 15 months flat. Look, does that disturb you? Do you realize that you will have to pay that bill?

This whole dealio has fast approached the need for an intervention. We're there. Right NOW. Right at this Present Moment, as you read this.

November's coming.

Thanks for playing.

=^|




1 comment:

Danny said...

My brother from the same mother! You are right on with the debt statement. Did you also know that 20 million Christians did not vote in the presidential election? We need to have our bibles in one hand and gun in the other ready to vote this socialist communist wack job void for the rest of his term!!!!