Taxing the Rich Means Taxing the Middle Class Too

[deacon blues]

An amazing statistic from the IRS from 2011: there were 8,274 Americans with incomes of $10,000,000 or more. Their total incomes totaled $240 billion. That's enough money to run the federal government for 18 days!

Raising taxes on the rich will not procure enough money to maintain current spending or to pay down any debt. So how will the president and Democrats continue to throw money at failing government programs? They're going to have to tax all of us---yes, even the beloved middle class! There simply aren't enough rich people to tax in order to enable them to spend like that wish.

If you vote for Barak Obama's vision for America, you're voting to get yourself a higher tax bill.

[AreYouReady?]

As long as Congress has this voracious appetite for spending other people's money, it won't make a hoot of difference who gets voted in. They all sign on the dotted line.