Posted on 11/18/2014 8:53:03 PM PST by 2ndDivisionVet
Not intentional parody but if Obama edited a paper it would look like “The Voice”.
Yes, the OP is from the “audited” black newspaper. If they’re trying to pass this off as genuine to their readers, then they ought to be held to account.
... This is a totally fake satirical piece ..... Even Snopes admits it.
My mortgage tax deduction is around $500.00. Depriving deadbeats of the EITC is worth the extra $41.67 per month.
The earned income tax credit is wealth transfer pure and simple and needs to die. To raise taxes by eliminating deductions without lowering the overall tax rate is criminal. The middl class is tapped out and America is suffering. suffering. They cannot wring more coin out of the peasants because more business will move to cash and barter and the grey and black markets will explode. Did these Federal asshats forget about the Laffer Curve?
A lot of us take the mortgage interest deduction. In other words you get to deduct it from your earnings when you calculate your income tax. It’s not a whole lot but it all adds up. The child tax credit is really going to hurt families big time. What all this means is that everybody’s tax bill is going up.
I guess Obama will get the funds he needs to move all the illegal aliens across the border and fund their welfare programs after all.... POS traitor...
Yeah and now the “citizens” won’t be able to afford the goods and services they offer because they have to pay higher taxes... Great logic Rand...
How about we give EITC and child tax credits to those who actually paid taxes?
Good to know its satire but with this current administration i would not be surprised if they put out a piece to see how people would react to it and if they didn’t would proceed doing exactly that...
Comments at the site indicate this is a satire reprinted from a different source.
Did your blood pressure shoot up? whew
I find this hard to believe. Reads like sarcasm
That's like right now. We're already in FY2015, aren't we?
I think its satire....cleverly done by some lunatic rat...
And furthermore if true, the Senate will not approve and the President will veto, so don’t worry, be happy.
This is all almost certainly false.
The source is either a joke or heavily partisan.
The (true) Republican plan, which was part of the Simpson-Bowles commission report, involves two constraints:
1. Neutral with respect to revenue
2. Neutral with respect to the relative share of taxes paid by taxpayers at income levels of income
So, let’s say the the child credit goes, then rates come down to compensate. Ditto mortgage interest deduction. Ditto everything else. Except maybe there are some phase-outs. Initially, the major effects on the budget involves decreased administrative costs and increased compliance. In the long-run, there would be additional budget impacts from increased work and investment.
we need tax cuts and simplification, not revenue neutral malarkey
> Did your blood pressure shoot up? whew
Daily especially around here...: )
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