Well it would seem that Barry "Almighty" will be able to reach yet another rather impressive, in a progressive sorta way, milestone as president. Word now comes to us that federal tax revenues will reach, what I think is the staggering amount of, $3 Trillion in 2014 for the first time in our nation's history. So says, and quite proudly, the White House Office of Management and Budget. And yet we still hear rumors, and on nearly a daily basis, that Barry will soon be demanding that we working Americans, the number of which has apparently been on the decline during Barry’s tenure, hand even more of our heard earned money over to the government.
The $3,023,004,000,000 estimated tax revenue is the most inflation-adjusted revenue the government will bring in compared to every previous year. What that means is that $29,673 will now be collected for each and every full-time employee working more than 35 hours per week, and it also represents $9,534 for each person living in the United States. Now imagine if you will how that money could be much better spent by those who are working to earn it instead of being forced to hand more and more of it over to a federal government that is now, quite literally, out of control. It has become the equivalent of bureaucratic money pit.
The last record revenue year was fiscal 2007, when the federal government brought in $2,899,644,380,000, adjusted for 2013 inflation. The 2014 revenue will show an increase of $123,359,620,000 over 2007. Barry "Almighty" and congressional Republicans agreed on a bill at the end of 2012 to increase the top income tax rate to 39.6 percent from 35 percent, and increase dividends and capital-gains tax rate to 20 percent from 15 percent. The measure also reduced exemptions and deductions for individuals making more than $250,000. And yet, we have still managed to accumulate, because irresponsible spending, a $17 Trillion national debt.
Now imagine the state that our economy might now be in if each and every one of those full-time employees had an additional $20,000 in their pockets with which to make purchases. But no, that money is needed to cover the costs of supporting the Democrat voter base, the parasite class. And it is further proof that what Barry is actually trying to do here is not to raise those on the bottom rung of the economic ladder up, but, instead, to drag the rest of us down. Such is always the goal of the socialism that Barry is so desperate to inflict upon our country. Wouldn’t you think that $3 Trillion would be more than enough to cover the cost of operating the government?
If simply covering the cost of operating the government was truly Barry’s objective here, that would be one thing. But it’s not; it’s nowhere near being that. You see, his real goal here, which has its basis in his plan to "fundamentally transform" America, is far more sinister. His plan, as well as being the plan of his fellow Democrats, is to do all that they can to spend this country right into oblivion. And the goal here is to bring our entire economic and financial structure crashing down on itself. And if we are truly stupid enough to elect another Democrat in 2016, be it Hitlery or anyone else, we can expect this plundering of our country to continue unabated.
No comments:
Post a Comment