Biden - Trillion Dollar Tax Increase

Whether a gaff or not, on the campaign trail, Socialist Vice President Biden declared that Obama wants to raise taxes by a Trillion Dollars over the next ten years.   Just ending the Bush Tax cuts on millionaires and billionaires will bring in about $70 Billion over the next ten years.   To get to a Trillion Dollars in tax increases, Obama will have to raise taxes on the Middle Class.   There is no other way to get there.

This should be no surprise.   There are 21 new taxes in ObamaCare, many of which will impact the Middle Class.   Just wait and see,  if Obama is reelected, Socialists will begin talking about a Value Added Tax (VAT), a national sales tax, just like those in Socialist Europe.   Europeans not only pay very high income taxes, depending on the country, their National Sales Tax is often 17 - 23% driving up the cost of everything.   This is the reason why our European employees come to America on business trips with empty suitcases to stock up on just about anything they can take home.  It is also the reason European countries traditionally have higher unemployment and lower productivity than the United States. 

Obama wants to "transform" our country into a big government, cradle to grave, European style Socialist nation on the road to bankrupting our nation the same as is happening in Europe.   European countries offer cradle to grave entitlements by imposing very high taxes on everything and everyone.   The price of gas in Europe is often the equivalent of $8 a gallon as a result of all the taxes on fuel.   The end result of this Socialist model is a lower standard of living in Europe than exists in the United States.   People live in much smaller homes with fewer amenities and drive much smaller cars, or no cars at all because the cost is prohibitive.   This is what Obama want to do to America. 

Obama believes in redistribution of income from the Makers in our society to the Takers; but not just in our country.   Obama wants to redistribute American's personal wealth to third world and other developing countries.   This is the reason Obama gave Brazil $2 billion to support oil drilling off their coast, when Obama will not approve more oil drilling on federal lands in the US.   This shows Obama's hypocrisy related to environmental issues. 

As Socialists, Obamanistas will raise taxes, one way or another, on the Makers in our country.   This is not just the 1%, millionaires and billionaires as portended, but rather the 50% of us that pay all the income taxes in our country.   This includes all the small businesses that employ 70% of Americans.   As such, raising taxes to fund bigger government is a job killer. 

Vice President Biden was honest about Obama's intentions to raise taxes by a Trillion Dollars in the next ten years on the 50% of us that pay all the income taxes in our country.   If Obama is allowed to do this, it will destroy 3 million jobs in our country.   We will end up with higher unemployment, more poverty and a lower standard of living for all Americans.  We can't let that happen.   Instead, we must take back our country in 2012 and 2014 by sweeping Socialists at all levels of government, including Obama, out of office.  

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.   We must elect Mitt Romney, the next President of the United States and gain Republican control of both Houses of Congress to restore respect for our country around the world, economic growth and job creation again in America.   We have to stop Obama from raising taxes by a Trillion Dollars.   This is just another Obama job killing Socialist Scheme. 

P.S.  To donate to Mitt Romney's campaign to make Obama a one term President, just go to mittromney.com and click on Donate.   Once on that page, look for the line that says, I know my Referrers Information, click on that box and type in 8544, the National Freedom Forum Referral Number to make our voices heard.   Give as much as you can to take back our country.