Statement from the Candidate

In 2010 I ran an unsuccessful campaign for the United States Congress, but I'm still posting blogs that I believe express an opinion that most other people miss, and that I also believe can make America great again and cast off the yoke of liberal/progressive control that is currently in place.

Tuesday, December 11, 2012

Obama's Tax-Payer Bracket Creep and Your 401K Bullseye

Obama campaigned on taxing the top one percent of earners.  Now that he's safely in office again the concentration for taxation has moved to the top 2 percent of earners, and you can expect that he'll soon be taxing 100 percent of wager earners in his desperation for more and more of "other people's'" money to allow him to spend the additional trillions of dollars (and these are new trillions, in addition to the trillions he's already burned through) that he wants to waste.  And when he gets through destroying incomes and the economy with his taxation policy, he'll then come after any accumulated wealth, in the form of savings, stocks, bonds and 401K/IRA funds.  His policy is: First tax the income, then confiscate the wealth.

So our  faithless, lying president just used his politically feel-good campaign to tax the highest earners as a way to get uninformed, envious voters to accept the proposition of raising taxes to support all of his out-of-control spending, and once that base-line is in place it's easier to push the notion (and the necessity) of having to raise taxes on all workers, because the top one percent don't make enough money to support Obama's profligate spending habits.

This fool man must be opposed by Republicans.  We must forget the current foolishness about who will be "blamed" for policy decisions and do the right thing, for ourselves and for our children.