Many of us who follow elections have heard of Obama's new plan of taxing the "wealthy" and many of us ignore that "wealthy" part thinking that our average middle class status keeps us out of that category of unfortunate people who's taxes will be raised. Little do you know that Obama's definition of wealthy is actually those who earn more than $250,000. Before you begin complaining about this standard of "wealthy" people, consider Obama's idea in general of taxing the wealthy. He's basically punishing those who work harder to earn their money and supposedly using it to help the poorer families. Now, helping the poorer families is certainly not something bad, but I personally feel like taking it from people who've worked hard for their money seems a bit unfair.
Those families that are more well off usually live a more expensive lifestyle. Their kids may be in sports that require lots of their income to be spent on equipment, seasonal fees, and tournaments. Taxing them more heavily would put their hard earned money at a stretch causing them to give up certain activities or luxuries that they have worked hard to accomplish.
And for those who are not couples, Obama's tax applies to incomes that are higher than $200,000.
At this time, consumers are already complaining about the extremely high gas prices. Implementing a higher tax on the people is only going to make citizens more unhappy.
Most presidential candidates have individual ideas for future plans that are distinct enough to be the deciding factor between voting for them or not voting for them. I believe that this plan to raise the taxes of the "wealthy" is a strong enough reason, especially for people this new tax applies to, to not vote for Obama. Other ideas of healthcare also affect the entire population of the United States, but raising taxes is a huge deal for every family that is in the "wealthy" class.
Who knows how this new tax raise is even supposed to help the poor families? Is it being directly transfered to their accounts? Which families are poor enough to be eligible for this benefit?
There is too much in question for this tax increase to even be considered a reasonable step forward in our economy. Obama's plan of trying to level out the incomes of all families in America is unfair and unreasonable. Those who work hard to go to school for 12 years to earn a doctor's degree should be able to reap the benefits of their long hard hours of studying. Everybody's income should be equal is not the way to go, but with Obama elected president, America's economy may begin to become more communist in that everybody should be equal, even those that work harder than others. Is this the way to go?
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