Forget the fiscal cliff. That's child's play compared to what's coming at you next. Team Obama has effectively made the case that it's all about the "rich," "millionaires and billionaires," "private jet owners," the evil "1%". And enough people bought into that dishonest and destructive class warfare argument that Obama got re-elected. But guess what? There isn't enough money in the 1% to pay for everything. Frankly, there isn't enough money in the 1% to pay for much of anything. If you confiscated all of the wealth of everyone in the top 1% of income, it would fund the government for a handful of days. That's it.
That's why Obama never had any intention of limiting the tax hit to the 1%. Or even to the top 2%. Oh no. He's got to go where the REAL money is: the Middle Class.
That means he's coming for you. And fast. Which explains why he WANTS to go over the fiscal cliff. He WANTS your tax rates to go up. He needs your money.
Here's an excellent piece on the subject by Daniel Mitchell of the Cato Institute. Read it and weep for your money. Obama---aka the Tax Man---is coming for you. And he's steps away from your door.
http://www.cato.org/publications/commentary/fiscal-cliffs-not-problem
