The rich, now defined as those making over $400,000 a year will pay more in taxes but so will you. The Payroll tax hike will cost you more. Obamacare taxes will start showing up everywhere starting January 1, 2013, costing you more. Taxes are increasing in hidden places that will affect middle America like never before. But hey, this is what 51% voted for and elections have consequences. Obama promised a class warfare. You just didn't expect you would be part of the class he was waging battle on, did you? Every campaign based on fear needs a boogieman. For Obama, that was the rich. They weren't paying enough and he was going to make sure they did. Well, he got his tax increases on the rich and you weren't even collateral damage. He planned on taking up your tax burden all the time. After all, anyone with half a frontal lobe could figure out that hiking taxes on the top 2% wasn't enough to balance the sheets. In fact, that wouldn't even come close. So you had to kick in some bucks too. But here's the kicker - even with the increased revenue, he's still going to increase spending by $680 billion and borrow 46 cents of every dollar we spend. Up from 40 cents just 2 years ago. And he ain't done yet.
The Emperor has no interest in controlling spending. He never did. His agenda is to spend us into social justice nirvana. By the end of his reign, our national debt will exceed $21 trillion. Just to jog your memory, it was $9 trillion when he took office. When the debt reaches $25 trillion, many economists say that's the level at which our debt will be unsustainable. Hyper inflation will take over. Drastic measures may need to be introduced and I can guarantee you these are not measures anyone is going to like nor want. At least you got free birth control. I hope it was worth it.
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