We are on the precipice of the largest tax increase in United States history. On January 1, 2011, the 2001/2003 tax relief will expire. All Americans who earn income will see their taxes go up as a result (even those who work but don’t pay any federal income taxes) unless Congress acts soon to prevent this massive tax hike. The constant refrain from those who oppose the tax relief is that they benefited only the rich. If the tax cuts expire as scheduled, this myth will be proven untrue once …
Government Controlled Life Stimulus: The American Recovery and Reinvestment Act (ARRA) of 2009 significantly grew the size and scope of government, doubling the size of federal agencies—including Education and Energy—and moving America toward a government-mandated health care system, all while placing future generations further in debt. SCHIP: The State Children’s Health Insurance Program was recently expanded to include wealthy adults in a government health care program designed for low income children. The expansion is funded by a tobacco tax paid for predominantly by the poor and dependent on future smokers. …
