In response to:

Obama Won, Major Tax Bomb Still on the Way

meowbius Wrote: Nov 07, 2012 11:06 AM
Congratulations, 47%: you won! Now what? Gullible sheeple, listening to a pied piper, do you have ANY idea that free stuff will end in the nearest future, and four years later you'll be still where you are today - clueless, jobless, ignorant, and duped by the shiny thingy promises. Just this morning, on Fox News, one of FB anchors mentioned that free contraceptives are NOT in the law. Feel cheated yet?.. Well, at least you can go now to Washington and Colorado and puff your brains out.

President Barack Obama won re-election Tuesday which means the United States is in the same exact fiscal situation it was in on Monday. We’re staring at $16 trillion in debt, but the more immediate problem comes on January 1 when every family will see a tax increase of $3500 as the Obama-Bush tax cuts expire and when more ObamaCare taxes kick in, better known as taxmaggedon.

First, let’s start with the first tax increase of $3500. This will happen if House Republicans, Senate Democrats and the White House can’t come up with a deal in the next 63 days....