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January 5, 2013
What You Could Buy with the Average Tax IncreaseBy J. Robert SmithWhat's $1,635 per year more in taxes for tens of millions of households? That's just $136.25 taken from a family budget per month. Like prudent mobsters, President Obama and Speaker Boehner are just skimming a little from your earnings to keep the nation from falling off that awful fiscal cliff. As patriots, on the order of 1984, we should all rejoice that Big Brother knows best. Let's see what a paltry $1,635 buys annually, shall we? And, dear reader, feel free to add to the list. How about a...
And $136.25 monthly? What does that buy or help offset? How about groceries? Read this from Daily Finance (and weep):
How about basic household gas and electric costs? The average varies by state. But in 2011, the average monthly outlay for gas and electric power in blue state Michigan was $199. In blue state New York: $184. And in bluish Pennsylvania: $187. That's $2,388 annually in the Wolverine State; $2,208 in the Empire State; and $2,244 in the Keystone State. Of course, those costs all increased in 2012 and may well do so again in 2013. How about gas pump costs? As USA Today reported last November:
USA Today got it half right: consumers got the tax shaft without significant federal spending cuts (cuts that the libs at America's short-read, hotel-motel giveaway newspaper-of-record clearly object to). You say: "Well, comrade, we must all sacrifice a little for the benefit of the great American collective. So you buy a cheaper frig or fix the one you've got. You take the bus and leave that gas-guzzling car in the garage. You eat a little less, just like they did in the Ukraine back in the 30s. Comrade Stalin, far-sighted as always, knew something about weight-loss programs, eh? You wear a couple of sweaters more around the house in the winters. Cozy - no?" The Obama-Boehner tax hikes have consequences - to manufacturers, wholesalers, and retailers... to their employees... to their suppliers. Consumers and families are stuck stretching budgets to meet monthly needs. "Bah! It's only the rich - those capitalist-roaders - who will pay this trifling increase in taxes." No, no, Comrade Equality & Compassion. Every American not on the dole will pay for the Obama-Boehner tax hikes - one way or the other. |
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