Real Tax Nightmare

The Democrat Party and their dinosaur media lapdogs have convinced many that what will be the largest increase in taxes in US history is only an attempt to prevent tax cuts for "millionaires and billionaires". No tax cut is proposed by the GOP, merely retaining the rates that have prevailed since the George W. Bush Presidency which if the main stream press was interested in honest reporting would simply be called "the current tax rate" which Democrats are determined to raise including the death (inheritance) tax and taxes on capital gains (even on selling your house). This record tax increase will punish far more than millionaires and billionaires, with individuals earning more than $200,000 and couples more than $250,000 taking the hit of higher marginal rates. Many families who are far from what would generally be considered rich will pay the more punitive (higher) tax rates with fewer available deductions and the alternative minimum tax creeping in to further punish more middle income earners. The dinosaur propagandists who gladly flack for Obama as they pretend journalism have gone hog wild presenting the inane syllogistic fallacy that millionaires and billionaires are the same when any logical person with a grasp of simple math sees they are vastly different. A rise in Federal taxes in the face of a relentless economic downturn will make joblessness that much worse by throttling small business owners and making it that much less likely that the private sector will be able to resume hiring. The grotesque manipulation of the thoughtless and gullible (including those engrossed in class envy and those who hate the so-called "rich") may win Barack Hussein Obama this election but the consequences for the country of an Obama victory will be devastating.