Despite a clear mandate from the people to curb government spending and promote new job growth through cut taxes, Obama and his Democrat politicians in Washington think they know better than us. With the price tags of the new bailouts, fundings, subsidies and programs sitting in the billions and trillions of dollars, it's hard to get a sense of how much they are really spending. Fox News is helping to put this into perspective by providing a calculator that, based on your income level, shows how much of these programs will be paid for by your own hard-earned money.
First, how much of the $389 billion bailout of the fraudulently run, government pseudo-corporations Fannie Mae and Freddie Mac will you be covering?
How much of $109 billion TARP (Trouble Asset Relief Program) will you have to pay for?
How much will you be expected to cough up for the $890,023,850 in ear marks granted to Sen. Thad Cochran (R-Miss.) and Sen. Daniel K. Inouye (D-Hawaii)?
As you can see, the majority of liberals will not be upset about this unfair tax burden because they don't make enough to fit the higher income brackets that bear the majority of the tax burden. 86% of the federal taxes are paid by the highest 25% of income earners, 97% is paid by the top 50%! (source) It doesn't take a genius to realize that marxist dream of redistribution of wealth is alive and well in America when the upper and middle classes of America are paying for all of the handouts and welfare given to the lower classes, the majority of which are able-bodied and capable of earning more but refuse to.