Opinion : Dear Editor,

Dear Editor,

We have been hammered by the press and many elected leaders about the consequences of allowing the so called "Bush Tax Cuts" to expire.

This Government in the last 18 months has dramatically increased spending, while revenues have either decreased or remained the same.

Thus far for each dollar government spends they are borrowing 42 cents! Our present debt load is $500,000 per U.S. family and increasing. So, then where is additional revenue to come from to save us from insolvency?

The following quote is from the book The Forgotten Man by Amity Shlaes ---"As soon as A observes something which seems to him to be wrong, from which X is suffering, A talks it over with B, and A and B then propose to get a law passed to remedy the evil and help X. Their law always proposes to determine what C shall do for X, or in the better case, what A, B, and C shall do for X .

"What I want to do is to look up C. I want to show you what manner of man he is. I call him the Forgotten Man. Perhaps the appellation is not strictly correct. He is the man who never is though of. He works, he votes, generally he prays ----- but he always pays", William Graham Sumner, Yale University 1883.

We who pay, men and women, are indeed The Forgotten Man by this Administration, and others before.

There will not be enough revenue from those making over $250,000 to correct this spending problem. Therefore, all will find their taxes increased , it may not be from the IRS, but from other sources, such as the new tax on the sale of a home (3.8% of the sale price-hidden in the Health Care Bill). On a $200,000 home that equals $7,600. And, make no mistake there will be other taxes that we will eventually find in the laws passed that nobody reads.

November is coming--use it wisely!

Regards,

John Stiegelmeyer