- Dog and cat adoption event at Children’s Home + Aid Oct. 20
- Arrest warrant issued in string of burglaries
- The Odds Man: Bills, Seahawks good bets in NFL Week 7
- SwedishAmerican to build new clinic in Byron
- Chrysler recall affects 907k vehicles
- 7-year-old struck by car near Walker School
- Final City Market of the season Friday, Oct. 17
- Lee Hamilton: Viewing political corruption more broadly
- Rehearsals begin Oct. 19 for 69th presentation of Handel’s ‘Messiah’
- Amenti Haunted House opens Oct. 17 at DeKalb’s Egyptian Theatre
Obama just wants to raise taxes
It couldn’t be just a coincidence that the Social Security tax on probably all our workers was reduced quite a bit before the 2012 presidential election, but allowed back to where it was, after Obama was elected for a second term. This could have been quite a factor in his re-election, especially considering this affected even the 47 percent that pay no federal income tax.
There’s only one reason, political, that this tax was ever decreased, since this fund is so depleted as it is. But it gets votes, and that’s what Obama is primarily after, not its effect on our economy.
Another example of Obama caring more about his political aspirations (like a Democrat control of the House) than the country’s welfare is his desire to tax the rich even more. Most voters, perhaps in a negative jealous feeling, want the rich taxed more even if this does hurt the economic recpvery we so desperately need.
And does Obama really believe that closing loopholes is not a tax increase, or does he think we’re that stupid to take this in?
Michael A. Smith
From the March 20-26, 2013, issue