The Tax and Spend Obama Administration

The Rasmussen Reports indicated today that, More Voters See Their Taxes Increasing Under Obama, and this ain’t funny.

Thirty-nine percent (39%) of likely voters now expect their personal taxes to rise under the Obama administration, according to the latest Rasmussen Reports national telephone survey.

That's up three points over the past two weeks,up eight points since the inauguration, and the highest level of concern measured to date.

Some of the liberal pollsters are saying that President B. Hussein Obama’s approval numbers are rather good because he’s still in the honeymooned period. But, as Rasmussen points out, “During last fall's campaign, then-candidate Obama pledged to cut taxes for 95% of Americans. Just 26% of voters believe he has kept that promise.” That, of course, makes me wonder just how some of the pollsters are deriving their numbers -- by polling the stay at home ACORN rent-a-mob socialist constituency in the early afternoon, maybe?

There are rumblings in the halls of Congress that the socialist-Democrats want a large hike in automobile fuel tax and they’ve already stuck a huge tax increase on tobacco products. Such taxes impact largely on the poor and those with fixed incomes, the very same folks these liberals in Washington need to stay in office. Now they propose that draconian Waxman-Markey bill that will be a huge energy tax on all sectors of society. And, of course, they propose bills that will “close some loopholes” (read, restrict freedom) in the income tax law.

Interestingly enough, Rasmussen reports that “only 10% now say they expect their personal taxes to decrease under Obama.” Which means, put another way, 90% of voters fully expect Obama to break his major campaign pledge to cut taxes for 95% of Americans.

It gets worse, though. That trillion or so of federal dollars that were used for stimulus packages didn’t come out of thin air. Nope! And they didn’t just go out back where the money trees grow and pick it. They invented it out of thin air, as in printing new money to pass around.

Well, that is in effect a tax on all of us. Because, when government adds more money into the system like that the result is to devalue the money that is already there and cause inflation. That inflation will start hitting hard on low income families and those on fixed incomes by the end of this year and may kick in full-force by this time next year. Watch the food lines for the poor swell for outward evidence of that.

The way President B. Hussein Obama is going, he’ll soon be making Jimmy Carter look like a moderate.