More Taxes for Everyone

The Democrats are now in power. The evil of George Bush is gone and now we have a president who claims he will not raise taxes on 95 percent of Americans.

Suppose that is true. I am not sure of the logic of how raising taxes on the top 5 percent will stimulate the economy.

Who are the top 5 percent of employees in the U.S.? They are mostly business owners. Business owners who hire people. They invest in their business by purchasing equipment and machinery. The construction of new plants. Now we are going to tax more because they are the so-called rich.

It seems that if we wanted to stop the flow of American jobs going to other countries, we, it would be easier and cheaper for businesses to function. No tax increase.

Every dollar that we soak the “rich” is a dollar that could have been spent on hiring or putting money into the economy through business investment.

Now I realize that all the “rich” are business owners. But according to the National Taxpayers Union taxes, the top 5 percent already pay 60 percent federal tax on income.

Ok, let’s stop assuming that only the top 5 percent will receive a tax increase and face reality. If you have been alive in recent years, you’ve heard the Democrats talk about how George W. Bush gave tax breaks to the rich. Our new president has already said it will allow the Bush tax cuts expire.

Well, this should make us all very happy. The rich will suffer. The problem is that this is not true. Not only the rich have benefited from Bush’s tax cuts.

Now I’m not an expert on taxes, so I did some research on the subject. Let’s take a quick look at some tax rate that we’ve all been under Bill Clinton and compare them with what we paid, after the Bush tax cuts.

In 1999, only one person making $ 30,000 paid $ 8,400. In 2008, after Bush cut taxes for “rich”, that same person paid $ 4,500.

A single person who won $ 50,000 $ 14,000 paid under Bill Clinton. After the Bush tax cuts in 2008 he paid $ 12,500.

What about people getting married? Well, in 1999, a couple earning $ 60,000 paid $ 16,800. This couple also paid $ 9,000 in 2008.

Let’s look at a couple who won $ 75,000. In 1999 they paid $ 21,000. In 2008, it had fallen to $ 18.750.

I was told that these figures are not accurate because I forget about tax credits for children, the marginal tax rates, etc. Well, let’s not forget that. Adding all these things, taxpayers in all categories of wage paid more than they did in 2008.

The media help to perpetuate a lie that only the rich have benefited from tax cuts George Bush. We all did. I talk to people all the time that I wish they did not get a tax cut under Bush. It is not true. They did. That if they earned a wage.

Thus, if our new president tells us that 95 percent of all Americans will not get a tax increase, well, I will not say he is lying, let’s just say that it is not quite honest. You see, in the spirit of a democrat, eliminating Bush’s tax cuts not tax increases. It is simply returning to tax rates the way they were.

In my mind, if more money out of my salary every week, I do not like how you slice it a tax increase.

Just for the sake of argument, forget about Bush’s tax cuts for a while. Thus, no tax increases of 95 percent of Americans? All the Democrats on the card require gasoline taxes higher. Their reasoning is that we have preserved the essence so new, they do not generate enough revenue in taxes on the very essence, which in their minds, thereby justifying an increase.

Our new president has another idea to tax the novel. It’s called the “Global Poverty Act” that the Democratic senator has already passed. This Act provides billions of dollars of U.S. tax to be dedicated as the United Nations sees fit. It also allows the banning of handguns. Oh, and by the way. Not a penny is scheduled to be spent on poverty in the United States.

Congressional Democrats are also looking into ways to extort money in the form of your 401k plan by illiminating tax relief. If successful, it means you are taxed on your investments as capital gains each year and your 401k become nothing more than a factory-term savings account. Employers would no longer be allowed to deduct contributions from consideration that would effectively end the employer matches.

And then there’s the President of the tax proposed in the House Nancy Pelosi Windfall retirement income. His proposal to tax all profits through stock market investments, retirement plans and 401k programs. How is this going to stimulate investment?

She wants to limit the amount of money that “rich” and also can invest, “working to the goal of equalizing income in this country.”

Pelosi asked how the new tax money would be spent. She replied: “There is no question that these windfall profits and income created by the Bush administration should be taxed at 100 percent. And those dollars redistributed to the poor and working class.”

So, first, Nancy Pelosi, is to recognize that the Bush policy does give us the people who work more money. And secondly, it will take all and give it to whom she decides she needs. These are the people who told me when I was younger are the Party for the working man.

I think they are the party of the man not work.

If you are a hunter or gun enthusiast? The new president has something for you too. According to the Chicago Defender, Barack Obama has backed an increase of 500 percent federal tax on arms and ammunition.

Do you smoke? Obama signed a law that does more than double the federal tax on cigarettes. Smoke is expected to go up nearly a dollar per pack. Or maybe you enjoy a beer from time to time. Do not worry, the Democrats have not forgotten you.

I live in Pennsylvania. So I took a look at what our Governor Ed Rendell wants to do. Let’s see, where to start. Higher cigarette tax tax, the increase on malt beverages. That beer.

The governor wants to increase the sales tax from 6 percent to 7 percent. Just as he did as mayor of Philadelphia. He turned against this because now instead of increasing revenue, people who want to buy big ticket items like cars and boats, go outside of Philadelphia for the purchase.

Turn off the road several states in the toll roads. Increasing tax rates on income Pennsylvanians, take a look at increasing the emissions tax to increase taxes, a cell phone. And the best yet. Democrats are considering mandatory GPS devices are installed in your car. Why? To tax a quarter cent for every mile you drive! A note here. Obama said he disagrees with this tax. Of course, he also said that the top 5 percent of Americans would pay higher taxes.

State Parks are now free to the public will now cost you to enter more taxes on Internet sales.

It has already raised the privilege “tax work” at $ 50.00. I love it. It is now a privilege to work.

I heard our new Vice-President, Joe Biden, saying that it patriotic to pay more taxes. However, three of the candidates first firm to Obama back taxes!

And do not forget the national health care. Who do you pay for it.

As an American working class are already working two hours a day you pay taxes. I think that is enough.

So, let’s review. No tax increase of 95 percent of Americans. Unless you hunt or shoot, drive, work to live, drink beer, travel U.S. highways, saving for retirement gasoline purchase, purchase on the Internet anything purchased in Pennsylvania State Parks visit, breathe the air Well, I think you get the idea.

I work for a living and I listen to Liberal Democrat referral and co-workers constantly complain about our health services more expensive, and the price of gas and so on. Yet for some reason, when people voted, without taking more of their salary, they are fine with that.

I fully understand that as citizens, we must pay taxes. When asked to pay taxes, Jesus said “Render unto Caesar what is Caesar’s and unto God what is God.”

But how much is enough. There is only one group of people that they can continue to tax more. We are called the working class. They can not take more people who do not work, can they?

You know, it used to be that as a politician, if you increase taxes, your political career suffered. Just ask President George Bush the first. Now it has become a badge of honor for the Liberal Democrats to do just that. It seems they have never met a tax increase they did not like.

Cash is the most we have the least of those days. In this economy, I do not take more from us is the answer.