Yes the Obama deficit that he will blame on Bush has topped $1,100,000,000,000.00 that’s $1.1 Trillion with projection that by the end of the fiscal year it will top $2,000,000,000,000.00!! Now I don’t know about you, but I just don’t have that kind of cash laying around in the cushion of the couch. Two Trillion bucks… that’s over $5600.00 in debt for every man, woman, child and illegal in this country. Now according to the the IRS there is about 135 million taxpayers and this number included all the people that have lost jobs under Obama… now simple non-fuzzy math will tell you that $2 Trillion split up between the known taxpayers with put your share of the bill (provided you’re a taxpayer) at $14,814.82 per taxpayer… that’s $15K of debt Obama has put on your back this year alone and we’ve still got over 3 more years of this ignorant S.O.B. Now I don’t know about you, but I don’t just happen to have an extra $15,000.00 just laying around collection dust that I can put in Obama hat.
Now this idiot man-child occupying the Oval Office wants to pass National Health Care, Cap and Trade, a small business tax (wealth tax), and maybe a second stimulus package since the first one is working so well … I have one question…
WHERE IN THE HELL IS THE MONEY GOING TO COME FROM?
You just can’t keep taxing people, you just can’t keep printing money, and you just can’t keep spending and spending and spending… at some point you have to say stop that’s enough. I don’t care what side of the aisle you are on if you can’t see that this spending in unsustainable your just nuts.
Obama’s big plan for health care is tax the rich… well sure that sound great if you’re not “rich” but this wealth sur-tax starts at $350,000 which included a lot of small businesses… now liberals listen close I want to explain this to one more time.
Small business filing a sub-chapter S are filing their business income on their personal income taxes and many small business will have over $350K in receipts BUT the owners income may only be a small faction of that as the bulk of the money goes back into the business on wasteful spending like employees and their benefits. That means your local deli or coffee shop may be no more as small business have a very, very tight margin and that 1% Obama wants from those business could mean someones job. Now what Obama wants goes up with income 1.5% for those making over $500K and 5.4% for those making over $1M … and that’s $54,000,00 in additional tax just because you became successful… I like to think of it as Obama’s War in Prosperity!
Of course if you ask me I’ll say cut taxes, cut spending and cut handouts and watch the money roll in, but I’m crazy that way.
The battle lines are being drawn… pick your team.
Grim milestone: Budget deficit hits $1 trillion
US deficit tops $1,000,000,000,000 for first time
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