Then the reactions for some of the Senators and Representatives about made me break the TV. When Obama discussed elimination of the no bid contracts in Iraq, the liberals went nuts laughing and shouting. When will they admit Bush won the war in Iraq despite half of Washington undermining him every step of the way?!
Then the one that really gets me is his plan to raise taxes on those who make $250,000 or more. Now I’m way under that level of income but it just ticks me off that the “rich” have to shoulder so much of the tax burden. Currently a household making $250,000 is getting taxed around 35 percent or $87,500 per year at the federal level. You would think that would be enough but under Obama’s plan the household would get taxed at a rate of 39 percent or $97,500 per year. That doesn’t include state taxes, sales tax, property tax, gas tax, death tax, luxury tax, Medicaid, Medicare, social security, capital gains, and many others. The wealthiest already pay over 70 percent of the taxes. How much more can they take? Oh and there are only 2.2 million households making over $250,000 per year. So we have less than 2 percent paying over 70 percent of the taxes. There is only one word for this and it is theft!