In response to:

Obama Won, Major Tax Bomb Still on the Way

Ronna Wrote: Nov 07, 2012 9:20 AM
They may have called the race for Obamunism, but every single vote still needs to be counted. Why would anyone bother to vote if their ballots were to be tossed when the know-it-all decipherers decided one candidate or the other had won? (Richard -idiots at Th won't let me say the shortened version of his name- Morris will no doubt remain in hiding over his FAILED predictions for the rest of his miserable life.) It is right, and it isn't fair not to count all the votes..

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....