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Higher Taxes For All In Obama Budget, $1.6 Tril 2010 Deficit
Investor's Business Daily ^ | 2/1/2010 | Jed Graham

Posted on 02/01/2010 5:30:28 PM PST by Slyscribe

After cutting taxes for 95% of working families in his first year, President Obama has proposed a budget that would raise taxes on 100% of them. Even as the White House calls for another quick shot of stimulus to speed up job creation, its new 10-year budget promises to impose a fiscal regimen of major tax hikes and modest spending curbs. That regimen would begin in fiscal 2011 with $86 billion raised via new fees on banks, tax increases on upper-income Americans, tax increases to pay for health care reform; and a range of other mainly corporate revenue raisers.

(Excerpt) Read more at investors.com ...


TOPICS: Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: obamabudget; spending; taxes

1 posted on 02/01/2010 5:30:29 PM PST by Slyscribe
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To: Slyscribe

And we haven’t even begun soaking you for Healthcare or Cap and Trade yet. :D


2 posted on 02/01/2010 5:53:18 PM PST by Tzimisce (No thanks. We have enough government already. - The Tick)
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To: Tzimisce

this clown always has to have a ‘bad guy’, so along with ‘oil companies, and hedge fund managers’, people making over 250K a year are the new evil. What a piece of work. My blood is boiling. It’s one thing for all the idiots that bought his hope and change nonsense, I DID NOT ASK FOR THIS! and I don’t want to pay more of my hard earned income to this corrupt, stupid government. UGGG.


3 posted on 02/01/2010 6:27:34 PM PST by Wonderama Mama (Socialism is great until you run out of someone elses money - Margaret Thatcher)
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To: Slyscribe
After cutting taxes for 95% of working families in his first year, -- FALSE!

President Obama has proposed a budget that would raise taxes on 100% of them. -- TRUE!

4 posted on 02/01/2010 6:28:27 PM PST by Mad_Tom_Rackham (It is the duty of the patriot to protect his country from its government -- Thomas Payne)
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To: Slyscribe

Don’t know about the rest of you citizens but I simply can’t wait to give more to the communist kleptocracy in DC. Do I really need a tag?


5 posted on 02/01/2010 6:32:57 PM PST by Nuc1 (NUC1 Sub pusher SSN 668 (Liberals Aren't Patriots))
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To: Mad_Tom_Rackham
Worse than that....our retired Military (my husband is a retired Senior Chief) are getting hit with BIG NEW FEES i.e. TAXES to their Tricare for Life....secondary health ins for over 65 (DOD bill.)

Scott Brown mentioned it during the debate. It's not a pretty picture.

http://bx.businessweek.com/managed-care/view?url=http%3A%2F%2Fsoldiersmind.com%2F2009%2F01%2F07%2Fproposed-tricare-cuts-could-cause-problems-for-military-families-and-retirees%2F

TRI CARE FOR LIFE This from a google search:

http://economicspolitics.blogspot.com/2009/05/tricare-for-life-is-obama-trying-to.html

This option would help reduce the costs of TFL, as well as costs for Medicare, by introducing minimum out-of pocket requirements for beneficiaries. Under this option, TFL would not cover any of the first $525 of an enrollee’s cost-sharing liabilities for calendar year 2011 and would limit coverage to 50 percent of the next $4,725 in Medicare cost sharing that the beneficiary incurred. (Because all further cost sharing would be covered by TFL, enrollees could not pay more than $2,888 in cost sharing in that year.)

http://www.cbo.gov/ftpdocs/99xx/doc9925/12-18-HealthOptions.pdf

The new Demonrat mantra! Woof, woof, let granny eat dog food...spoof on 'let them eat cake'.The articles also contain the new big fees to Tricare for Life the retired over 65 Military's secondary health ins)

obama's war on seniors See the links in post 43-46 and on the last page.

Expanding support for families balancing work with caring for elderly relatives with a $102.5 million Caregiver Initiative adding $52.5 million in funding to Department of Health and Human Services caregiver support programs that provide temporary respite care, counseling, training, and referrals to critical services. The administration says the extra funding will allow nearly 200,000 additional caregivers to be served and 3 million more hours of respite care to be provided. It also adds $50 million to programs that provide transportation help, adult day care, and in-home services, such as aides to help seniors bathe and cook, help which eases the burden for family members and helps seniors stay in their homes.

Even the commie rag Mother Jones is reporting the cut and gut to granny's SS/Medicare.

http://motherjones.com/mojo/2010/01/obama-puts-social-security-chopping-block

Bambi in his own words I' won't cut Medicare

http://www.youtube.com/watch?v=K0EAP47SdcY

The Med (Memphis's only public hospital might have to close doors due to budget woes

http://www.freerepublic.com/focus/f-news/2440036/posts

Woes brought on by having to be the doctor's office for ILLEGALS who DO NOT PAY FOR SERVICES rendered. They use the ER as a doctor's office. Takes all day now to be seen in the ER.

Our property taxes just keep going up and up.

6 posted on 02/01/2010 7:07:21 PM PST by GailA (obamacare paid for by cuts & taxes on most vulnerable Veterans, disabled,seniors & retired Military)
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To: Wonderama Mama
What a piece of work. My blood is boiling. It’s one thing for all the idiots that bought his hope and change nonsense, I DID NOT ASK FOR THIS! and I don’t want to pay more of my hard earned income to this corrupt, stupid government. UGGG.

I agree. I hate the kenyan commie pig 0bozo with a passion for rushing pell mell to destroy our country through socialist piece of crap laws and bankrupting our country into oblivion. I believe that we need a gut-wrenching, volcanic, explosive American Revolution II to run 0bozo & the demoRATs out of Washington DC and straight into federal prison. Then we need to literally clean house on the socialist dumb ass voters who put this kenyan commie into office. Or perhaps we just need to split the country into two separate countries, one for liberal, socialist, lefties and one for conservatives. I will guarantee that the liberal, socialist, lefties would be opposed to this, as they wouldn't have enough taxpayers to soak & pay for their outlandish gubmint spending. Either way we need an American Revolution II to overthrow 0boza & the socialist demoRATs.

7 posted on 02/01/2010 7:56:04 PM PST by rcrngroup
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