For the past three years, all we’ve heard from the White House and the Democrats is that we must raise taxes. They’ve disguised their tax agenda by claiming it is only for the wealthy, but that has not been the case.
Obamacare and other issues forced on the American public have increased taxes for everyone on a number of things such as the upcoming tax on the sale of any real estate set to take effect in about a year. I recently saw a figure stating that by 2013 Americans may be paying over $2000 per year in increased taxes that have been hidden in various pieces of legislation.
If most Americans realized the tax increases staring them in the face in another year, I’m sure there would be a public uproar and rebellion. Some Democrats have stated that the American people are willing to pay more taxes to preserve the services they receive, but I believe they are deluding themselves on the issues.
For example, look what has just taken place in the state of Colorado. In the 1990s the voters passed the Taxpayer Bill of Rights (Tabor) which places a ceiling on the state budget tying it to the rate of population increase and inflation. Anything that exceeds the limit of Tabor is to be rebated back to the taxpayers.
With the state facing some financial concerns while meeting Tabor limits, a state-wide referendum asking for $2.9 billion in tax increases was placed on the ballot. Proposition 103 called for an increase in the state sales tax from 2.9% to 3% and an increase in the state income tax from 4.63% to 5%. Supporters of the measure did their best to sell Proposition 103 to the taxpayers by saying that it would mostly be used for education.
This past Tuesday, Colorado held their state-wide elections which included Proposition 103. When the ballots were counted, Colorado voters rejected the measure by a 2-1 margin, sending a resounding message to state and federal politicians that they are against any tax increases at this time.
At a time when many families are scraping by, living from paycheck to paycheck, the last thing they can afford is to be forced to pay more taxes. Democrats and Republicans need to take heed of the message coming out of Colorado and be warned that any politician that votes for any increases in taxes, will not be in office very long.