When government takes away your money it’s called taxes. What is it called when government takes away your purchasing power? That’s what unsustainable national debt will bring. That’s what printing huge sums of money will bring. Now, government officials are leaving the door open to increasing taxes on middle class Americans directly. Make no mistake, Obama and co. have already “indirectly” increased taxes on all Americans through higher taxes on capital gains, higher taxes on upper tax bracket folks, and higher taxes on tobacco products to name a few. Those who don’t believe in trickle down wealth better start believing in trickle down taxation. Higher taxes on businesses and business owners translates into higher prices and less jobs. These guys are not about to let a liberal Washington take their money away.

Of course, many politicians make pledges that they will not raise taxes and do so. George HW Bush is the obvious example. Locally, in Florida, Charlie Crist is another example. Barack Obama, of course, is next in line to break this pledge, a pledge that no conservative took seriously. He might as well do it, he keeps getting criticized for his tax policies, so the costs of taxing the middle class directly will not be that high and it may offset some of his ridiculous spending. Of course in the long run, these taxes will probably reduce productivity and end up generating less revenue than initially expected. Not to mention that raising taxes during or immediately after a recession is a terrible idea. I say that Obama might as well take the plunge, if he really believes in it. I have a better solution though, instead of raising taxes on the middle class to balance the budget, he should cut the absurdly expensive spending programs and entitlement programs that he passed. Instead of funding a gov’t-run public option, focus on a cost-cutting approach to health care reform and include the free market through common sense tax incentives. Oh silly me, these solutions are all conservative solutions and do not involve “spreading the wealth around” as BHO famously said to Joe the Plumber. I guess in this administration, ideology trumps common sense. Again, I call for Obama to hire one more czar: the Logic Czar.

-AG