Back in January of 2009, while appearing on ABC's "This Week" show, our president elect said:
"...for a long term economic fix, all Americans will have to sacrifice. Everybody is going to have to give. Everybody is going to have to have some skin in the game,"
Regardless of what happens with the "fiscal cliff", on January 1, 2013 all Americans are going to get their chance to have more skin in the game with 5 new Obamacare taxes:
o Medical device tax
o Flex account tax
o Surtax on investment income
o A new limit on medical itemized deductions
o Medicair payroll tax hike
These taxes should provide a net $1 trillion of new tax money for the years 2013 thru 2022.
If we add in the taxes involved with the "fiscal cliff" it looks like more Americans are going to get their chance "to have some skin in the game"
Thank you Mr. President for making all of this possible.
"In your heart you know he is right"