When prices go up on goods and services because of policies and the way the government is gooing to tax the wealthy, it will cause prices of those goods and services which will get passed to the consumer.
So by saying that Obama is not going to increase taxes is false.
It's just not direct taxation.
Absolutely true.
Obama's budget plans to increase taxes on the oil, gas, and pharmaceutical industries ...
... who in turn will up the price of their products to the consumer ...
... who in turn will either pay the price of these necessities, robbing other personal budget items and thus reducing sales to their budget-robbed industries, causing additional depression-precipitating drops in those industries' sales complete with resultant lay-offs in spiral ...
... or will simply reduce purchases of the oil, gas, and pharmaceutical necessities, sacrificing in misery, reducing sales to those industries, causing additional depression-precipitating drops in these industries' sales complete with resultant lay-offs in spiral ...
... Either way with a net result of no increase in tax revenue going to the government ... and the country worse off than before.
An increase in taxes on an industry without an accompanying fixed ceiling applied to both their executive management remuneration and their pricing to the consumer is merely an exercise in futility ... and, of course, such wage and price fixing is beyond the balls-size of BHO, despite his African heritage.
The only solution to the present recession-depression problem is to create new private sector jobs while simultaneously eliminating moochers ... and short of eliminating all off-shoring, out-sourcing and in-sourcing, and deporting illegal aliens,
that's not likely to happen either.
Hold onto your family jewels, folks -- it's gonna be a bumpy ride.
