Thanks to the U.S. Communist Party, disguised at the Democratic Party, your income tax rates are due to jump starting January 1. That is only the beginning of the effects of their redistribution scheme.
According to the Wall Street Journal's website:
A new wave of redistribution will arrive in America on Jan. 1, primarily thanks to the Affordable Care Act. The president's health-insurance plan forces those who hire, work and produce to pay full price for health care, while creating generous discounts for practically everyone else.
This second redistributionist wave of the Obama era will follow a first wave of tax hikes, additional unemployment benefits, food-stamp expansions, waived work requirements for welfare benefits, etc. These measures were supposed to be temporary, intended to help people cope with the recession. The recession officially ended in mid-2009, but many of the administration's measures continue.
Regardless of whether redistribution is achieved by collecting more taxes from families with high incomes, levying employment taxes on businesses, providing more subsidies to families with low incomes, or all of the above, an essential consequence is the same: a reduction in the reward for working.By 2016, many of us will lose 50% of our hard-earned incomes to the pigs in the government. When this happens, why bother to work?
Once people really realize what's happening to them, maybe this will be the end of the Democrat Party.
To read more (and weep), go here.
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