“The American people will never knowingly adopt Socialism. But under the name of ‘liberalism’ they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened.”

Socialist Party presidential candidate Norman Thomas


Friday, July 02, 2010

The largest tax hike in American history is six months away

Over at Americans for Tax Reform, there's a breakdown of what amounts to the largest tax hike in American history that will hit us in six months on Jan 1, 2011.

It'll hit us in three waves:

1. Expiration of 2001 and 2003 Tax Relief

2. Obamacare

3. The Alternative Minimum Tax and Employer Tax Hikes

You need to be prepared to avoid these punitive grabs to satisfy the democrats' voracious appetite for other peoples' money. Read up and then call your accountant. Or alternatively, call your travel agent and get the hell out while you can. I hear Serbia has a flat tax.

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