More taxes … IRA’s and 401k retirement accounts are soon to be ripped off as well.
I decided to edit this post because I wanted to highlight something I noticed about a week ago … and that is the government is strongly considering pilfering the retirement accounts of all Americans. At the end of 2010, there was an estimated 17.5 trillion dollars in United States retirement assets, including 3.1 trillion in 401k’s and 4.7 trillion in IRA’s. If anyone thinks for a second the government doesn’t have its eye on that, they are living in a fantasy world.
All along we’ve been listening to Barack Hussein lie through his teeth about reducing the deficit via taxing the rich … who, in his not-so-humble opinion are those making $250,000 annually. Anyone with 1/3 of a brain knows this is total b.s. But Obama’s pathetic plea of “why shouldn’t the ‘rich’ pay more” rings soundly to those who like nothing more than to see successful people punished. Little do the simple minded middle-class liberals realize their taxes are going up, way up as well. I find it odd that regular liberal folks are more than willing to suffer as long as in their minds the “rich” are having to suffer too.
I think the deal is most middle-class liberals are already miserable and unhappy that they aren’t rich, so they are willing to accept a little more misery as long as Obama keeps his promise to make the rich pay more. Liberals don’t give a damn about what Obama does with the new tax revenue … just as long as it comes from those more successful than they are.
I heard the other day that Jews are chapped that Obama continues to side with the enemy of Israel, yet about 70% of American Jews voted for the freak … go figure. But I digress.
We have John Boehner, yes the same Tampon wearing, blubbering fool kissing Obama’s a$$ and here’s what he has to say about new taxes … “We have got to cut spending and I believe it is appropriate to put revenues on the table. Now, the revenues that we are putting on the table are going to come from guess who? The rich.”
He said this conceding to Obama’s statement that, “taxes are gonna go up one way or another.”
So, let’s see … Obama wants an increase in taxes to the tune of $1.6 TRILLION. Obama claims to cut the deficit (just like he promised 4 years ago). Boehner says “We have to cut spending”. None of that is going to happen.
According to the following, Obama plans on using the newest rip-off of the American people for … yeah … new spending, not to reduce the deficit as this will increase the deficit considerably.
75 Percent of Obama’s Proposed Tax Hikes to Go Toward New Spending
Seventy-five percent of the new revenue pulled in by President Barack Obama’s “fiscal cliff” plan would go toward new spending, not toward deficit reduction, the Republican side of the Senate Budget Committee contends. Here’s a chart, detailing how money from the new tax hikes would be distributed: