Obama is going to further the federal government's stranglehold on everyone's life. From the Washington Post:
Individuals who earn more than $200,000 a year and families who make more than $250,000 would also lose the tax cuts enacted during the Bush administration, meaning their top income tax rate would rise to 39.6 percent from 35 percent, their investment income would be taxed at 20 percent rather than 15 percent and their deductions for mortgage interest, state and local taxes and charitable contributions would be reduced.
What does this mean? Well, I have said many times that citizens have substituted government for their own actions in their communities in recent years. Citizens have blindly turned to government to solve community problems typically solved by citizens acting together. The "rich" were more than willing to send money to DC so they would not have to get involved and help solve the community's problems.
The feds were happy to usurpt the roles typically played by the local people. The result: bigger government.
We deserve all of what we are getting with this Administration and this federal government. If you think it is time for a change, then you must act.