Obama’s Middle Class Tax Hikes
[RedState.com]
Posted by: Daniel Horowitz (Diary)
Tuesday, July 10th at 12:00PM EDT
While Obama is prosecuting a flaccid war overseas and apologizing for our troops when they defend against Taliban attacks, he is fighting a no-holds-barred class war at home. Once again, Obama has announced that he will orchestrate the largest tax hike in American history on those earning more than $200,000. After all, taxing the rich is a great way to raise revenue; it worked so well in Maryland. Oh, wait.
But fear not, he will renew the Bush tax cuts on those earning under $200,000, while repackaging them as his own tax cuts.
There’s one problem with Obama’s assertion that he hasn’t raised taxes on the middle class. YOU LIE! Government regulations and interventions that Obama supports will raise the cost of living on the middle class for the most vital goods and services. Those higher costs will trump any savings they actualize as a result of the tax cut extension. Oh, and there’s one other problem. He’s forgetting about the massive tax increase on all those who don’t purchase government-approved health insurance.
In that vein, let’s review some of the hidden [or not so hidden] tax increases on the “middle class” that Obama has orchestrated:
Explosion at Troubled Japanese Nuclear Plant Raises New Fears of Radiation Leaks
FoxNews.com
Associated Press
Published March 14, 2011
An explosion Tuesday morning at a Japanese nuclear plant damaged by the country’s devastating earthquake and tsunami has elevated the risk of more radiation leaks to “very high,” as the country struggles to respond to the mounting human disaster.
The Fukushima Dai-ichi facility’s precarious state was underscored by the details trickling out in the wake of the blast at the Unit 2 reactor. It was the third explosion in four days at the nuclear plant, and the condition of the Unit 2 reactor is of greatest concern to authorities.
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