Where are our taxes going?

During the  Obama presidency the federal deficit has basically doubled.  We now have a federal deficit of over $17 Trillion that T not a B. You  can  not blame it on Iraq or Afganistan since those wars were well underway before he came into office and most of the  expense is in the billions of dollars of equipment  vehicles, building, arms, trucks, planes  etc that were bought, built and  transported to the battlefield most of which was already in country before Obama's election. You  can not blame it all on the  recession because if you believe Obama  the  recession is over and we are well into a recovery, or so he says. My reply to that claim is what recovery? So if its not the  wars and its not the  recession why have the federal deficits doubled since  Obama took office? Its not the costs of OBAMACARE since the true inflationary costs of that program cannot yet have begun to be seen since the program doesn't really begin until next year! There really is only one answer and that is out of control spending beyond the tax income the  government takes in!

So its our overspending without adequate tax revenue to offset the spending. Can we all basically agree on that? That brings us to the next question. If we are spending more than our revenue What impact will that have on future  tax rates? Do you believe that the Congress and the president are going to balance the deficit in the next 10 years or so? I don't. So what do you think will happen to  our tax rates over the next 10-25 years? The only logical answer is they  are going to  go up. If that is the  case than it is even more important that we begin to plan for how to manage the taxes we will have to pay!  Tax free or tax  controlled income planning and tax free retirement products are therefore almost  essential!  We can  help you with  that!

OBAMA CARE The Afordable Care Act (ACA)

Not may people know that most of Obama Care enabling legislation didn't deal  with  health care at all. Most of the bill actually dealt  with new and onerous tax increases needed to fund  the bill. Did  you  know  that all  females  have maternity  coverage burried in the  cost of premiums. Thats  a mixed blessing of  course. If a woman is Sexually active, married and in child bearing age.  Its  not necessary to  add the cost of  the  premium for a woman  who isnt  sexually  active  or is beyond  child bearing age. However  courtesy of Obama  its in  there!
 Did  you  know  that  every  real estate  transaction  will  involve a better than 3%  federal  tax on a home sale. We are not  talking  about  a  tax on short or long  term  gains. We are  talking  about  a new massive  tax incurred  even if  you loose money on a home sale. There are dozens and dozens of  these new Taxes, Fines  and  Fees  hidden in the  1000 plus  pages of this legislation.
 That  just  doesn't  seem  right  to me.

What  do  you  think???