“I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents.”
By Alden L. Benton
The dawn of a new year usually brings newfound hopes and aspirations, not to mention a plethora of resolutions to better ourselves, or our lives.
However, this year the new year brings bad news.
On January 1, five of 20 scheduled Obamacare-related tax increases go into effect. Whether Congress and the president push us off the fiscal cliff or not, Americans will face a net tax increase over the next 10 years of $1,000,000,000,000.00.
Last September, the U.S. Census Bureau reported that at noon on Constitution Day (September 17), the population of the United States reached 314,395,013. For comparison, the first U.S. census in 1790 counted 3,929,214 residents.
The cost of just the first five Obamacare taxes will be $3,180.71 for every man, woman, child alive on September 17, 2012 — $8,110.82 in additional taxes for every household in the United States.
I’d like to extend a greeting to all the people who voted for Barack Obama and all the dunderheaded Democrats, RINOs (Republicans in Name Only), and so-called independents in Congress. If you love them now, you’ll love them even more when 15 more Obamacare taxes take effect.
Happy New Year — NOT!
“We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle” ~Winston Churchill
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