HOW DARE THE REBUBLICIANS DO THIS!

How can Republicans not agree to break their campaign promises and raise taxes when the jobless rate is 9.2% and Obama’s economic plan is in jeopardy? Obama is saying that he will reform the tax code if he gets a $1 Trillion tax increase. If the Republicans fall for this they should all be voted out of office.

Obama is asking for the right to raise the debt ceiling on his own. This is a total disaster in the making. If the Congress gives him the right to do this, they will have given up their control over all spending. Obama can not be trusted to keep his word and if the Republicans fall for this they should all go.

Keep in mind that Obama has signed into law large Tax Increases. The Bush tax cuts will expire in 2012. His Affordable Care Act, Obama care, will slow the economy and raise unemployment. In 2013 Medicare Tax will increase an additional 0.9%. The new Health Care Law will in include a 2.9% tax on investment income including dividends, interest income, and capital gains.

Obama has singled out “Fat Cats” corporate aircraft. He does not consider that most private aircraft are flown into smaller airports without commercial service. Remember several years ago when an extra tax was put on Boats and Yacht’s? Very little revenue came from that, but the Boat industry all but left the United States to build abroad. This only drove the industry to other countries. A similar attack on Corporate Aircraft will only cause the aircraft manufacturers’ to move elsewhere. We manufacture more private aircraft here in the United States than anywhere else. To attack them is a good way to loose this manufacturing to other countries. Again the short slightness of Obama.

Remember how the Alternative Minimum Tax was to apply only to a handful of millionaires? This has cost American taxpayers almost $210 Billion. Another Tax increase was raising the allowable medical deduction floor from 7.5% to 10%.

Remember that in 2014 a new annual fee on Health Insurance Providers will increase about $60 Billion. This will only be passed along to customers as higher health care cost.

I think it is time to stop Obama. Call His Bluff! The threat not to pay social security and the military is simply a scare tactic. I only can hope the Republicans, and a few sensible Democrats, see his lack of planning will only make our problems worse.

The actions of the people in Congress recently makes a good case for Term Limits!

Stan Elrod

Charlotte, NC