So all you people believe that Obama will raise your taxes?-Let me talk about LONG TERM. The US government deficit is now $10,000,000.000.000.00, or $80,000 for each American. This will have to be paid off with interest. So EACH AMERICAN has a small mortgage on top of all the other debt that they have been encouraged to take out over the past 40 years. And if it is not paid off, then interest rates will forcce it far HIGHER. You will be paying far more in the next 20 years and your children will be forced to pay more and your grandchildren will be forced to pay far more and your great grandchildren. The deficit should be renamed the "birth tax" because that is what it does- it forces a massive debt onto tbe next generations. It is like original sin, 21st century style. You are welcoming all newborns into your country with $80,000 worth of debt.
So all you people believe that Obama will raise your taxes?-Let me talk about LONG TERM. The US government deficit is now $10,000,000.000.000.00, or $80,000 for each American. This will have to be paid off with interest. So EACH AMERICAN has a small mortgage on top of all the other debt that they have been encouraged to take out over the past 40 years. And if it is not paid off, then interest rates will forcce it far HIGHER. You will be paying far more in the next 20 years and your children will be forced to pay more and your grandchildren will be forced to pay far more and your great grandchildren. The deficit should be renamed the "birth tax" because that is what it does- it forces a massive debt onto tbe next generations. It is like original sin, 21st century style. You are welcoming all newborns into your country with $80,000 worth of debt.
It all depends on your deductions.