Skip to comments.Obama's Affirmative Action: Tax Increases for Everyone!
Posted on 01/07/2013 10:52:09 AM PST by Kaslin
Here we go again folks, the Obama lies continue to flow. Remember when he said this? I can make a firm pledge. Under my plan no family making under $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains, not any of your taxes. Really. Then how is it that this week when people got their payroll checks they were a little thinner than they were in 2012? Im not talking about the evil rich, but the average everyday worker.
With the expiration of the payroll tax cut, Americans just saw a 2% bite taken out of their checks. Beginning in 2009, Congress cut the payroll tax in order to put more money into peoples pockets. The tax was reduced from 6.2% to 4.2%, but now that tax rate has bounced back to 6.2% for good. This means that the average worker who earns about $50,000 a year will see around an $80 a month bite out of their earnings or about $1000 a year.
Of course the White House is spinning like a top over this. They are playing the usual sleight of hand and word parsing exercises that they always do. Its not REALLY a tax increase; it was scheduled to happen anyway. Besides, it was only TEMPORARY to begin with. Now we all know what happens when you give something to someone and then take it away. They arent going to be very happy about it. Just look at what happens when cutting entitlements is mentioned.
So, Middle Class, youve been conned once again. How many times will you fall for the same old lies, the same old promises and then get punched in the gut when you open your paycheck and see more of your money being stolen?
This isnt going to end. Oh no, its just the beginning. Wait until Obamacare kicks in with its massive taxes and fees and premium hikes that were oh so sincerely promised to not change. Just wait until that famous lie, You can keep your doctor and your health insurance if you want. Sure you can, if your doctor is still practicing and your insurance company hasnt gone out of business.
What is with these Washington types? Why is it that they cant just come out and say, Hey, this country is up the creek and we lost the paddle. Every American is going to have to suck it up and pay more taxes. Not just the rich, (who if you took 100% of their earnings wouldnt be a drop in the bucket.) but everyone. Rich, middle class, even the poor, who will have to do with fewer entitlements. Just tell us the truth, dont dance around with lies and promises just to get re-elected and then zing us with just kidding!
We dont have a prayer of reducing our deficit with the ridiculous deals coming out of Washington. The Fiscal cliff deal was an absolute joke and will do absolutely nothing to stop this train wreck from happening. The debt ceiling issue is up next and here we are, back to square one rehashing taxes and spending once again.
I know how this movie ends. The Democrats are already screaming for more revenue, the Republicans want cuts, yada, yada, yada. Unless someone really gets serious we will be watching the same old re-runs year after year until one day the tv set goes dark, the lights go out and the country is done.
We all know that middle class taxes have to be raised to tackle this problem. No amount of lying from Washington can deny that. They may as well just tell us now. There is no Santa Claus, face it and grow up. You cant keep getting stuff for nothing. The man in the red suit is broke, the elves went on strike and there are no goodies anymore.
I vote for the Steve Forbes solution. Lets institute a flat tax. Take a look at his proposal and tell me it doesnt make sense. Throw out the tax code and create a 17% tax across the board exempting poor families who make less than $36,000. It would be simple. No tax on Social Security, no tax on pensions, personal savings or capital gains. 17% flat and fair.
Why is this so difficult for Washington? Are they just gluttons for punishment? Do they like to argue and fight among themselves just to prove who has more power? I think I know the answer to that.
Ive got an idea. Lets vote in term limits and see how things change.
Catastrophic failure is the only way anything in this country will ever improve.
Happy New Year.
Russia has a 13% flat tax.
Ours should be no more.
All indirectly, yes. But no, it’s the working stiffs of all income levels who are getting the shaft. Bums of all ages, genders, colors, and backgrounds are getting the freebies at an increased rate, not taxes.
Our tax code is byzantine because Congress has used it to reward friends and big contributors and to redistribute income. If everyone paid their taxes as a flat 17% the billion dollar tax preparation business (H&R Block etc) would be gone overnight and I’m sure they would be heavily contributing to members of Congress to keep the current mess.
collapse is probably inevitable
The 90% of the electorate who’s politically ignorant is going to want to know what the hell happened with they get their paychecks. Don’t let the DEMS pull off the “tax holiday” bull. They just created a fiscal cliff bill. They could’ve extended it if they didn’t want to raise taxes on the middle class.
Now the Bush rates are permanent for 99% earners, the 1% are still smart enough to minimize or eliminate Obama's tax increase, and the payroll taxes are back to where they were when Bush was President.
I heard Rush today say that this interpretation is wrong. Okay --- by making the economy just a little bit more inefficient, I guess he's right. But -- as with most of what Obama's done for the last 4 years, it hurts his core constituents more than it hurts that bogeyman, "the rich".
“Obama’s Affirmative Action: Tax Increases for Everyone!”
Everyone except those who won’t work and those who work for cash (coincidentally two of the same groups that get into colleges with a combined SAT score of 30).
To ask the question, “Why go after the middle class?” is to ask of Willie Sutton, “Why do you rob banks?”