During the 2008 presidential campaign, Barack Obama ... said, "Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes."
Well, even though the ship has long since sailed on keeping that promise, he is facing unwarranted scrutiny for negotiating the extension of the Bush tax cuts.
Rather than help him kind of keep a campaign promise, his fellow Democrats are running the halls of Congress saying things such as the tax cut deal being the "Republican Wet Dream Act." That was said by Rep. Gary Ackerman of New York. Real class act, huh?
Sen. Frank Lautenberg, D-N.J., said, "To me, it has a bad aroma, and I don't like what I see. ... The people who don't need it are going to get tax relief."
The Democrats' cutting-off-the-nose-to-spite-the-face attitude notwithstanding: It. Is. Not. Your. Money. Maybe Democrats need to lose another 70 seats in Congress and another 630-plus state legislative seats and seven governorships nationwide?
People work and in turn are given an hourly wage or a salary. They are to keep as much of it as humanly possible. Democrats pontificate how many of our earned dollars we may keep. Furthermore, they seem to think that they can help an economy by taking money out of it. No poor person or company being heavily taxed has ever hired me or any person I know.
Democrats are more than delighted to slap an 18.4 cents per gallon federal tax on gasoline while hauling oil company executives before a Congressional committee to explain their dime-a-gallon (at most) before-tax profit that pays millions of salaries and benefit packages.
Let working people keep their money and try creating wealth as opposed to condemning and dividing it.
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