For four years Obama has been on an unsustainable spending spree. Americans have enjoyed the benefits of government spending while being shielded from its costs. In November, they voted to keep the government gravy train rolling.
Taxing the rich won’t pay for the government people elected; not even close. Is it time to stop shielding Americans from the consequences of their political choices?
Marc A. Thiessen, a fellow with the American Enterprise Institute, says we should go over the cliff… with gusto.
Big government is great if you don’t have to pay for it. Well, now it’s time to pay the bill. Maybe when the costs of the stimulus, Obamacare and exploding entitlements are finally deducted from their paychecks, Americans will rediscover the virtue of smaller government. If they don’t like paying higher taxes to allow for more spending, there’s a simple solution: Demand that politicians in Washington cut taxes and spending instead of expanding them. And if they won’t do it, elect men and women who will.
Until then, Republicans need to stop protecting Americans from the consequences of their decisions to elect profligate politicians.
A conservative is a liberal who has been mugged. Few realize the mugging they are about to get.
Few people have any idea just how many thousands each of us will pay in extra taxes.
Brad Allen and his family are bracing for the fiscal cliff impact.
“This is going to be tough,” said Allen.
They had no idea how much more they’d pay in taxes until CBS13 sat down with them. Allen and his wife bring in about $200,000 a year together. If we go over the fiscal cliff, they could be paying an extra $8,000 a year.
“My goodness, I thought it was going to be about $4,500. At the very most, I was guessing about five” said Allen.
A couple making much less, $80,000 combined, would pay an extra $3,000. A single person with a $50,000 salary would see more than $1,500 in higher taxes.
This will have a tremendous negative impact on the economy but it is the economy for which America voted. Americans should not be shielded from the consequences of their actions. Let them feel the pain associated with the vote they cast. Only then will fiscal conservatism begin to take hold.