Great editorial in the WSJ today about the Free Money Program offered by Congress.
I'm not going to comment too much on how Obama promised no new taxes for those making less than $250K but now appears to have changed course. If you believed him when you voted for him...and believed him when he dumped trillion of dollars into our banks reserves...and gave everyone car allowances...then you are stupid, and your stupidity should be taxed accordingly. The rest of us have been bracing for this tax hike for the last 8 months.
I wonder if one day the poems may go "First they taxed the people making over $250,000, but I didn't say anything, because I didn't make that much. Then they taxed the people making over $125,000, but I didn't say anything then either, because I didn't make that much. Then they taxed me, but there was no one left to speak."