it is a new tax on savings. hidden in Obamacare. It is a tax on the house that is paid off, the insurance policy dutifully kept, the little extra that members of a family decided not to spend today so they could invest in a business that would profit in the long run.
It is a tax on people who believed in the American dream and acted on it, on people who worked hard and made plans to take care of themselves and their own. It is a tax on Americans who still think and act like pioneers.
It is a pipeline, laid down by control freaks, to drain the life savings of the provident into the $61.9 trillion pit of the welfare state. It is a tax they can use to help finance a mortgage-style bailout for the house of big government.
Now that this tax is in place, watch as they try to increase the rate and decrease the income threshold for those required to pay it.
Read more at the Washington Examiner: Terry Jeffrey: Obama eyes your savings to expand government | Washington Examiner
It is a tax on people who believed in the American dream and acted on it, on people who worked hard and made plans to take care of themselves and their own. It is a tax on Americans who still think and act like pioneers.
It is a pipeline, laid down by control freaks, to drain the life savings of the provident into the $61.9 trillion pit of the welfare state. It is a tax they can use to help finance a mortgage-style bailout for the house of big government.
Now that this tax is in place, watch as they try to increase the rate and decrease the income threshold for those required to pay it.
Read more at the Washington Examiner: Terry Jeffrey: Obama eyes your savings to expand government | Washington Examiner