Saturday, April 16, 2011

Obama's Plan To Confiscate Another Trillion Dollars In Higher Taxes

Socialist President Obama has proposed raising taxes on the "rich", those earning more than $250,000 a year, many of whom already pay 40 - 50% of their incomes in various local, state and federal taxes, licenses and government fees to pay for his wild deficit spending.   Obama has proclaimed that his tax heist will generate another Trillion Dollars over 10 or 12 years for the federal government.   I doubt it.   If Obama confiscates an additional Trillion Dollars from the private sector to fund his Socialist Schemes and pay off public employee union members, Obama will be taking this money from the most productive Americans, which means that they will not have this money to make investments, hire people for those that are business owners, or just make big purchases.   Without these expenditures in the private sector, which by the way pays federal income taxes, there will be job loss and economic growth will be retarded.  Again, this is Economics 101.  

While some higher level government employees, earning bloated salaries and crazy pensions may pay federal income taxes, inefficient government pays no corporate income taxes at all.   Hence, every job created in government, that is not outsourced to private industry, actually costs the government corporate income tax revenues.   This should be obvious to all; but Socialists like the President and his Socialist supporters around the country just don't get it.   If Obama wants to bring more tax revenues into the federal government and dramatically lower cost that will happen as a result of competitive bidding, he should be outsourcing just about every federal job he can. 

Even though the private sector will build in profit, you can bet that companies will squeeze out inefficiencies in to order to charge the most competitive price to win the contract.   Mr. President that is how free market capitalism works and believe me it really does work.  I know that from years of business experience.   Oh, I forgot Obama has no business experience.  There would not be two air traffic controllers because one fell asleep on the job.  The one who fell asleep would be FIRED and one would be hired that does not fall asleep on the job.   So even with profit included, the cost to government for services rendered would be less than is being paid now particularly since the government is paying way more than private sector wages.   Of course, there would be no public employee unions in these deals, which is precisely the reason President Obama and all other Socialists would never support this common sense plan that would save billions of dollars each year. 

Does anyone in his right mind really believe that the government can spend another Trillion Dollars in higher taxes better than individual Americans can do to create economic growth and jobs.    If that were true Social Security, Medicare and Medicaid would not be facing bankruptcy.   And, the Post Office and Amtrac would have money to spare instead of already being bankrupt.  Giving Obama and all politicians even more money to squander would just be pouring more money down a rat hole full of rats.  The Socialists would just use this money to buy elections, maintain their PEEP's on the dole and pay off public employee and other big unions.   We saw this soap opera in Obama's Trillion Dollar SwindleUS Plans I, II and III.   Fool us once shame on us, Fool us twice GO TO JAIL.

There were four Cabinet Departments when George Washington was President.   Today, there are 15 federal Cabinet Departments and dozens of Agencies and Commissions many of which are completely redundant that should be eliminated.   On top of that, Obama has 39 Czars over laying all of this huge bureaucracy.  Michelle Obama, the First Lady, has a staff of 24.  Who elected Mrs. Obama, or any other First Lady anything.   The waste, fraud and corruption that exists throughout the federal government is enormous.  Yet,  Socialist President Obama claims that he needs another Trillion Dollars from hard working, productive Americans.   To that we must say HELL NO.

Congressman Paul Ryan, the Chairman of the House Budget Committee has put forth a common sense plan to end year's of deficit spending, deal with Medicare and Medicaid, that are facing insolvency and pay off our National Debt in the next ten years.   Ryan's Budget Plan cuts spending by about $6 Trillion over ten years.   This is a real plan, not Obama's pie in the sky, that will never end the Trillions in deficit spending, or deal with our National Debt. 

Obama is running for re-election so he must play to his Socialist base; but he is not saying, or doing anything that is not his own Socialist ideology.   Obama is a tax and spend Socialist who whole heartily believes in redistribution of income.   Obama's plan is to take from productive Americans to grow government and add even more government employees to intrude into every aspect of our lives.  President Obama is a threat to our freedoms and our nation, which is the reason we must make him a one term President in 2012. 

We must take back our nation in 2012 and 2014 by electing Conservatives that support free market capitalism, limited government and lower taxes, a balanced budget, term limits, real education, energy and health care reform, a strong national defense, including securing our border and fighting Terrorism, the right to bare arms, the sanctity of life and family values that are the foundation of our nation.   This is the platform supported by the majority of the American people and the only way to restore economic growth and jobs in our country.   We must take back our country.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren. 

No comments:

Post a Comment