Reply to "President Obama's tax cuts/increases"

I'm the elite that you are talking about and you need to know the facts. The facts are, I am right now paying 55% taxes (between state and federal income tax as well as all the other payroll taxes). Under Obama, I am going to pay 67% of what I make to the state and feds. I know that I am not going to get any sympathy from anyone, but if the shoe was on the other foot, how would YOU really feel?

I think we all know the answer to that question.

Finally, since you brought up the fallacy that 95% will be getting a tax cut, I am going to have to break your bubble and give you the facts. When the Bush tax cuts expire, EVERYONE'S taxes that pays taxes now are going up. Yes, there is a one time rearrangement of income of a whole $13 per week for certain people making a certain amount of $$$, but the expiration of the Bush tax cuts will wipe that out with no problem. Look it up yourself. It really does not make any sense at all; let's raise taxes on the business people that pay a disproportionate share of taxes in a really bad recession, and somehow this will make enough money to pay for the programs that Obama is proposing? That really does not make sense to me at all. Wishing and hoping is not much of a plan to me, and with Obama, it sure appears to be amateur hour.

I'm with Rush, I hope that every one of his socialism schemes fails miserably, they really make no sense to me. Socialism is not the answer -- it did not make this country great, nor will it in the future. I for one do not want to rely on the government for anything; they screwed up Social Security, Medicare, Medicade, and now we want them to take care of our health care in this country -- this is truly crazy.

2010 will be an interesting election year to say the least .....