Finally my blood pressure calmed down and it seems to have settled into its normal range.
The spike occurred when I heard President Obama make a statement during his State of the Union address on
Wednesday evening saying, “There have been no tax increases on anyone this year…” He’s either remarkably uninformed or intentionally peddling an untruth.
The fact is, anyone who earned and is receiving a military retirement noticed an increase in their withholding tax which equates to an reduction their annual income.
I know because I, along with a number of my retired military buddies received these finance and accounting statements over the past couple of weeks reflecting this
tax increase, and we had no warning it was coming.
When we questioned the tax increase the response given was “It’s not a tax increase, it’s an accounting adjustment.”
That’s one of the most weasel-worded statements to date. And they wonder why so many people have lost trust.
Oh, excuse me, I forgot again, we simply don’t understand the message. I’ll try to be crystal clear with my message in November…