Saw all of this over the weekend, but foresaw all of this long before the election took place.
While the Clueless Old Liberals of the world rejoice at the new leadership taking control and ramming their policies down the throats of everyone, intelligent individuals knew that the Democrats would set themselves up to take away more money from those with it, and give more handouts to those without.
The Dems are apparently still promising to fix the AMT (eliminate it, so they say), which I actually support. That's fine, but then they'll be on the lookout to "pay as they go" and find the revenue elsewhere. Hmmm, where else would that be? From anyone they deem is in the richest 1%, or 2% of the citizens of the U.S.A. Once they figure out that they can't get enough from there, they'll dip down to the top 5%, and then 10%, etc. Eventually it'll be about what we all thought -- make more than say $70,000 per year - give most of it the government.
The AMT is just one place they're gonna be on the hook to fix things -- Social Security will be shored up by taking away benefits from those below an every increasing retirement age. Again, while Clueless Ones tell us that we can't entertain the idea of privatizing even a small portion of it for those who should get benefits in the future, it's perfectly acceptable to tell those that had been promised retirement at age 65 that they have to keep working until age 70 instead. That's not a cut in benefits (b.s.!!!), it's just a tweaking of the system. Just like privatizing even a portion would be raiding social security and gambling it all away (my arse!).
I hope that the Clueless One suffers a massive (and very painful) M.I. and leaves the bulk of what S.S. hasn't been eaten up there for future generations -- the ones that he keeps saying we can't be leaving debts to.