Let the Taxing Begin!
I'm sitting here with a HUGE "I told you so" grin on my face. Why? Because I was right as well as many others about Obama. Sure it's not a "direct" tax but he's gonna tax the fuck out of everything that we use!
To fund SCHIP (which I do think is a good idea btw) the tobacco I buy is going to be going from $10.99 to OVER $40 a bag. .70 cents per pack and $7 per carton in PA. How the fuck is that fair? Not to mention the state of Pennsylvania may be raising it's own tax. In New York City come April 1st a carton of cigarettes is going be around $180! Our yearly costs right now for cigarettes are $960 a year....starting April 1st it'll go up to $2400!!!! That's almost 3 times as much...all the other taxes proposed could put companies out of business or force them to leave the country for better financial prospects...so again..more cost on the consumer, possible job loss and possible company closure. Sure it's only one industry but I doubt the Fed is going to bail out the tobacco companies. When they make smokers such a minority I'm sure they'll go after alcohol or something else that effects even more people...
Now his new budget has him putting more taxes on oil and energy companies. Who do you think pays that? The company? Ha! We do and we all know it. Just recently a .68cent per gallon tax was shot down, but something tells me that they'll go higher and it won't go away since it's money going to the federal government. It's already gone up in a couple of states overnight by at least .17cents. Thought ya were pissed about $4.00 a gallon gas? Get ready for it to go even higher if Obama has his way. Electric bills are also going to go up here so yea, chew on that for a few. You aren't being taxed directly...but will pay for it somehow.
with that my personal gas spending will go from $75 a month to $96 a month which makes it OVER $500 more a year (not counting longer trips)
So once again it's proven that while not trigger happy...Obama is spending happy and taxes WILL go up. Everyone warned about this...but so entranced by "tax cuts" on income tax blinded people. Now you get to save a whole $400 a year and probably will spend more than in energy costs making it all a moot point. Just on two things that I use every day under Obama I'm spending $1000 MORE just on gas and cigarettes than I did before (including the $400 in tax cuts from Obama that is) under Bush. That's just TWO things...I'm sure there will be more down the road as it all filters through the system. If Natural Gas taxes go up...then we're all screwed...could be that someone like myself is spending $2-3,000 more a year. That $400 is such a help! Not...
Let's not forget that he's also going to INCREASE the debt by 1.75 TRILLION this year ALONE! We're already broke where the hell is this money coming from? Scrores of people are saying this isn't going to work...but for those that haven't seen it yet..here's a little breakdown:
5 years of war in Iraq=850 Billion
36 Days of Obama Spending Plans=3.5 TRILLION!
So..who's better looking now? The war in Iraq AND the bank bailout/TARP is only HALF of what Obama has already spent. There's no garauntee any of this is going to work. Hell even Obama admits it may not. Sheesh....hope ya'll are happy.
And for the record...if McCain/Palin did this shit if they were elected...I'd be just as pissed.
To fund SCHIP (which I do think is a good idea btw) the tobacco I buy is going to be going from $10.99 to OVER $40 a bag. .70 cents per pack and $7 per carton in PA. How the fuck is that fair? Not to mention the state of Pennsylvania may be raising it's own tax. In New York City come April 1st a carton of cigarettes is going be around $180! Our yearly costs right now for cigarettes are $960 a year....starting April 1st it'll go up to $2400!!!! That's almost 3 times as much...all the other taxes proposed could put companies out of business or force them to leave the country for better financial prospects...so again..more cost on the consumer, possible job loss and possible company closure. Sure it's only one industry but I doubt the Fed is going to bail out the tobacco companies. When they make smokers such a minority I'm sure they'll go after alcohol or something else that effects even more people...
Now his new budget has him putting more taxes on oil and energy companies. Who do you think pays that? The company? Ha! We do and we all know it. Just recently a .68cent per gallon tax was shot down, but something tells me that they'll go higher and it won't go away since it's money going to the federal government. It's already gone up in a couple of states overnight by at least .17cents. Thought ya were pissed about $4.00 a gallon gas? Get ready for it to go even higher if Obama has his way. Electric bills are also going to go up here so yea, chew on that for a few. You aren't being taxed directly...but will pay for it somehow.
with that my personal gas spending will go from $75 a month to $96 a month which makes it OVER $500 more a year (not counting longer trips)
So once again it's proven that while not trigger happy...Obama is spending happy and taxes WILL go up. Everyone warned about this...but so entranced by "tax cuts" on income tax blinded people. Now you get to save a whole $400 a year and probably will spend more than in energy costs making it all a moot point. Just on two things that I use every day under Obama I'm spending $1000 MORE just on gas and cigarettes than I did before (including the $400 in tax cuts from Obama that is) under Bush. That's just TWO things...I'm sure there will be more down the road as it all filters through the system. If Natural Gas taxes go up...then we're all screwed...could be that someone like myself is spending $2-3,000 more a year. That $400 is such a help! Not...
Let's not forget that he's also going to INCREASE the debt by 1.75 TRILLION this year ALONE! We're already broke where the hell is this money coming from? Scrores of people are saying this isn't going to work...but for those that haven't seen it yet..here's a little breakdown:
5 years of war in Iraq=850 Billion
36 Days of Obama Spending Plans=3.5 TRILLION!
So..who's better looking now? The war in Iraq AND the bank bailout/TARP is only HALF of what Obama has already spent. There's no garauntee any of this is going to work. Hell even Obama admits it may not. Sheesh....hope ya'll are happy.
And for the record...if McCain/Palin did this shit if they were elected...I'd be just as pissed.