[Bernard]

So let's add this all up:

The Bush Tax Cuts will expire 12/31/2012. The average taxpayer making around $60,000 through a paycheck will pay $2-3,000 more each year in federal income tax. The average government subsidy/welfare recipient will pay no tax on the welfare, or the rent subsidy, or the free condoms, etc.

The "Payroll Tax Cut" will expire 12/31/2012. The average taxpayer making around $60,000 through a paycheck will have an additional 2% or $1,200 per year deducted from his paychecks. The average government subsidy/welfare recipient will pay no tax on the welfare, or the rent subsidy, or the free condoms, etc.

And all of that is before the ObamaTax to finance ObamaCare. No matter how the election turns out in November, there is going to be a lot of thunder and lighting produced in Washington just to get back to the horrible economic conditions we have today.

[rodguy911]

Great point Bernard we are up to our collective asses in taxation and even one more tax will sink a lot of ships. Just what the regime is hoping for.

Yet another week that few if any are talking about hopelessly being in debt up to our shoulders rapidly approaching 16 trillion about a third due to the current regime. Why does no one talk about this?