The tax increase planned by the Democrats

You might like to know what electing a Democratic president will cost you? For starters is will be over $3000 a year in new Federal taxes. You can also be certain that you will pay additional costs for planned socialized programs such as Medical care and Social Secrity. You will soon be paying as much taxes as the Nations of Europe so that the government can run your life.

FrontPage Magazine

Despite healthy tax revenues and federal spending that tops $25,000 per household, the House Democratic majority has proposed a fiscal year (FY) 2009 federal budget that:

• Raises taxes by $1.265 trillion over five years and $3.911 trillion over 10 years, or more than $3,135per household annually;
• Includes 17 reserve funds that could be used to raise taxes by hundreds of billions more;
• Increases discretionary spending by 8 percent and does not terminate a single wasteful program; and
• Completely ignores the impending explosion of Social Security, Medicare, and Medicaid costs.