Pickerington Area Taxpayers Alliance

As the country tries to right itself by voting out one party because of a war and vote in another party that will surly raise our taxes. Despite a dot com bubble burst, 911 and a war our US economy has grown over 21 percent in the last seven and half years. The point here is how does our country and our state recover from the adversity we have all been subjected to over the last 20 some years.


Quoting another person about the chickens coming home to roost we find ourselves facing an energy crisis that today doesn?’t seem to be too bad because oil and gas prices seems to be falling. However the high gas prices earlier this summer caused the fragile economy to wobble. By late summer there were major impacts on the U.S. car manufactures and layoffs had all ready started.

The point here is that those very same people we are going to place in charge of this great country are the ones that caused the problems in the first place. Clearly if you review the environmentalists and their agenda you will find that for 30 years we have built no nuclear power plants, we have restricted any new oil refineries, and they have prevented clean coal production and this has had a big downward affect on the State of Ohio.

They have attacked our state with first the acid rain. Now it is the global warming that is bogus because CO2 levels are down and the effects of the polar ice cap are still changing. I do not think man has the power to affect the planet like they claim. Clearly China is building coal fired power plants and they don?’t seem to be worried.

I am wondering where these environmentalist plan to get the needed power and energy once we convert to electric power cars?

These proposals for wind and solar energy are crazy. The wind doesn?’t blow all of the time and the sun is only out an average of 12 hours a day. Will the wind increase when there is a hot day and the need for more A/C? Normally hot days in the summer are very calm. In both cases the tax payers will need to heavily subsides these sources of energy. Those subsides will come out of our pockets and soon.

Clearly they new powers to be have told us all that they will let the George W. Bush tax cuts expire. No vote but to quietly increase the rates we all pay. For a married couple making $100,000 per year you will see your taxes increase from $21,994 to $25,488. Then for the single tax payer making $100,000 his taxes will increase from $19,880 to $21,124 per year. That does not take into account the higher business taxes and the higher capital gain taxes (from 15% to 29%). Let alone the death taxes and anything else they can dream up between now and January 20th.

For those of us that work and are considered to be in the 95% of their tax payer bracket will our taxes really be cut?

go

buy oil company stock to pay your taxes.

If Taxes are your only criteria

for selecting a president, use this website to plug in your income and see how you fare.

http://www.electiontaxes.com/

I can't fault someone for voting for their economic best interest. To do otherwise would be voting against it.

By Pick Dem

The new greater Society

The simple facts here are that when the federal government spends much more than they take in; they must either print more money or borrow that money which is already printed. In either case, we will find that when more money is printed the over all value of our money declines. If we borrow the funds then we are strapped or our kids are strapped in paying back that debt. I am very disappointed that our congress approved the most recent bailout bill. They claim the recession we are heading into is because of the credit markets. The facts are that with the high energy prices it was driving some of our domestic car companies out of business because for them to pay their high union wages they must sell big boats (SUVs). You can?’t give those boats away today. Yet the government will send $25 BILLION to these companies who will try to then sell us these little cars that allows for two people to ride and they will ask $40,000 per copy. If you can afford to pay 40K for a car then gas mileage is not an issue.

Clearly with a liberal congress and a very liberal President the spending will start on January 20th. Barney Frank has already said that he and his committee intend to tax the rich to pay for the recent bail out. Will he also tax the rich to pay for the $860 BILLION in new programs? Clearly by allowing the George W. Bush tax cuts to expire it will cause a 5% to 6% increase in tax rates for the average Joe. In some cases those rates will double like in the case of capital gains taxes (from 15% to 29%). Capital gains also affect the average Joes that have invested in the stock market and other investments. Clearly the tax free 401Ks will be at risk. The death tax will take huge chunks from the families of small businesses and farmers.

I think most Americans would support tax increases if they were for a specific purpose. I think they would also support a tax increase if that increase was limited to one or a limited number of purposes.

An example would be if say the feds increased the fed gas tax by $.40 per gallon to build roads and other highway transportation infrastructure. However what makes us all worry is that they will tap these funds for pet projects that have little or no public value. Clearly these actions would come in the terms of ear marks. Unfortunately both parties are very guilty of abuses.

Finally the root cause of the current credit crisis is the sub prime mortgages. Both candidates want to help some of these home owners stay in their homes. They are both proposing huge subsidies to support home ownership. The fact is that some people should never own a home and many have nothing of their own wealth invested so why continue to prop them up? If they can?’t make the mortgage payment how can they maintain the home as it falls down around their shoulders? Our out of control system created jobs and a false housing market its time to go back to good credit and a down payment. The growth is not as dramatic but the security is much better.


By No good choices