Lincoln, our first Republican President freed the slaves from the oppression of the south. Obama, our first Black President, in the course of a few months has made us all slaves to the government.
It started with the bailouts, then grew to a hostile takeover of the banking system and the auto industry. And the administration isn’t done there. They are planning a hostile takeover of the healthcare industry- which is equal to approximately 1/7 of our economy.
This is not a war on the recession but a war on prosperity. With the spending out of control, Congress is coming up with new ways to tax us to pay for it. They have already raised taxes on tobacco and are considering taxing soda and junk food. But it doesn’t stop there.
They Senate is about to pass cap and trade which will be the biggest tax increase ever on the American public. This will not just be a tax on energy. It will be a tax on every business, in every industry, across America. It will increase costs for steel manufacturers and coal refineries as well as government, education and healthcare.
In addition, Congress is considering a Value Added Tax (VAT)- which is an additional Federal Sales Tax on goods and services.
Currently we have to work 120 days to pay what we owe in taxes. This year - if you started paying taxes on Jan 1- and you worked a standard 5 day work week you would have to work until June 17 to get to your 120 days. Literally 120 days is about 1/3 of the year, however it would take you approximately half the year to pay what you owe in taxes.
If Congress adds anymore taxes to our already burdened public it would literally add months of more service to the government making us all slaves to the New Republic of Obama.
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