This is the absolute truth. Millions of Americans are going to get hit by Obama and a Democrat Congress.
My wife surprised me with digital cable tv on Saturday. Shocked to death was more like it, so I got to see the questioning...it wasn't a debate.
Obama's tax hikes will hit the rich. Who are the rich? Like Obama said, the top 4% or so income earners---that's 250k+ per year.
Obama's income tax increase modestly hits only the rich.
Obama's payroll tax increase hits those earning above the SS wage base which is $102,000 for 2008. So the payroll tax cap for SS is removed.
Why tax the rich or well-to-do? That's where the money is. And lord knows, the country is in crushing debt.
We have to pay our bills.
We cannot continue the trend of borrow and spend. That's McCain's way and it is unsustainable.