So my net pay (take home pay) has decreased by 2.83% from this time last year. This is due exclusively to rises in insurance costs and taxes due to Obamacare. Inflation was approx 1.4%, which doesn’t even include gas and food in the official numbers and those have had substantial rises! Together that’s AT LEAST a 4.23% reduction in pay and buying power that my family has this year compared to last year, which comes out to a lot of money that we’re out of and couldn’t afford to lose. Due to crap Keynesian economic policies, high taxes on businesses and owners, and completely new taxes created to try to offset MASSIVE spending the economy has still not recovered from the recession and is now the slowest recovery since the Great Depression. Obama has been President for 6 years now and it’s killing me and my family! Unemployment is still high and that means that raises are still scarce even while the prices of everything we need rise. We are not rich by any measure what so ever, so please stop punishing us by electing people that don’t understand economics and business. Stop being consumers of convenient and catchy political one liners and start reading and researching economics and the consequences these policies have when you try to force costs onto businesses and follow that up by trying to take money out of the economy through taxes.
Posted on: Thu, 24 Apr 2014 16:48:02 +0000
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