I just got a huge raise! It turns out I'm making $250,000 a year! So are you! Woo hoo!

"I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.”
  - Presidential candidate Barack Obama, 9/12/08


"If your family earns less than $250,000 a year, you will not see your taxes increased a single dime. I repeat: not one single dime.”
  - President Barack Obama, addressing a joint session of Congress 2/24/09

When Barack Obama was running for President, I was extremely excited, because I thought that he represented something new: a politician who was pragmatic but idealistic, who would create consensus solutions, who would restore the constitutional powers for each branch of government and end the excesses and crimes of the previous administration.

He was honest; he would keep the promises he made and keep taxes at their current levels. After all, he made a far stronger statement than, "Read my lips. No new taxes."

Starting January 1, 2011, however, taxes will increase significantly. Since I am not fond of admitting that I am wrong or that the candidate that I supported (with my checkbook, my feet, and my vote) is breaking a firm pledge (without, to my knowledge, even admitting that he's doing so), I have decided that I must have gotten a raise. I now make more than $250,000, because my taxes are increasing quite a lot in about six months. I wish that the $250,001 salary were printed on my paycheck as $250,001, because the number that's printed is a fraction of that, and I'm not bringing anywhere close to the correct amount home, so the payroll department has some serious explaining to do.

Here are some of the tax increases and how they will impact me, personally (They come from a list of expiring federal tax provisions: http://www.jct.gov/publications.html?func=startdown&id=3646 .)

An open letter to the CMS school board

“It should be your care, therefore, and mine, to elevate the minds of our children and exalt their courage; to accelerate and animate their industry and activity; to excite in them an habitual contempt of meanness, abhorrence of injustice and inhumanity, and an ambition to excel in every capacity, faculty, and virtue. If we suffer their minds to grovel and creep in infancy, they will grovel all their lives.”
- John Adams

To the School Board, Charlotte-Mecklenburg Schools:

I am the father of three students at Smith Academy of International Languages: two in the French program, one in Chinese. Next year, my wife and I will have five students there: two in French, two in Chinese, and one in Spanish. The year after next, we’ll have six there. It is a remarkable school, and it does a remarkable job fulfilling the exhortation above, made 250 years ago by John Adams, then an unknown 21-year-old.