Posted by
Armanius on Wednesday, November 05, 2008 9:52:19 AM
I was so disgusted with our political scene during the last month of election that I could not bear blogging about politics anymore here in Townhall. From the liberal mainstream bias to the ineptitude of McCain's campaign, from the blatant Obama dishonesty to 52% of Americans showing that they don't care (or are just plain ignorant) about a candidate's record, I was and I am simply fed up with it all. When I woke up this morning (a.k.a. "the morning after"), I did not want to read any news website. I did not want to read about Obama. So I focused instead on just catching up with the world of sports that I had also avoided for about four days since the Texas Longhorns lost to Tech. But even ESPN.com ended up bringing me back to politics. In an article authored by the Associated Press "
Agents ponder effect of likely tax increase on salaries", the reality of the Obama administration has already began to set in the world of sports. Super agent Scott Boras has already discussed factoring the higher taxes that his multi-millionaire clients will incur under the Obama administration by seeking higher signing bonuses. So for you Obama supporters out there, mark my words -- our baseball ticket prices are eventually going to get even more expensive than they already are. The increase in ticket prices we see every year will increase even more. Why? The rich athletes are going to get more money from the rich owners. And then the rich owners will pass down the higher salary prices that they are paying to the rich players to the people that are not so rich -- namely you and me. So to all the Obama supporters who bought into the propaganda that 95% of Americans would see a better life because of a tax "break," get ready for reality. As the top 5% gets taxed more, as businesses get taxed more, all Americans will suffer as the increased cost of doing business will get passed down to the every day consumer -- the not so rich you and me. The end result of it all is that the tax "breaks" and/or the $500 check that 40% of non-tax paying Americans will receive each year will mean nothing compared to the increase in prices that Americans will see in most goods and services. The buying power of our hard earned dollar will be even less. That's the change that we Americans don't need. But that's the change that we will get.
PS: Two weeks ago, the Houston Astros decided not to increase their ticket prices for the 2009 season. Hopefully, they will stick to that.
I also forgot to mention that the rich owners will also get taxed more. I will let the Obama supporters figure out what is going to happen when the rich owners decide that they have to recoup that money from somewhere. One final thought, when our hard earned dollar's buying power is decreased through this pseudo-form of inflation brought about by higher taxes, who will the Obama supporters blame? Will they look at themselves and take personal responsibility? Or will they simply keep drinking the liberal kool-aid and say that it was George Bush's fault?