Posted on 06/27/2010 9:10:57 PM PDT by Federalist Patriot
Speaking at a press conference at the G20 Summit in Canada today, President Obama lectured everyone about how we need to learn that he does what he says he will do. As part of that, he said he was “calling” the “bluff” of those pushing for deficit reduction. He said he hopes they will “step up” next year when he “presents very difficult choices to the Country.” He did not say what “choices” he is talking about.
(Excerpt) Read more at freedomslighthouse.net ...
hey dems and thelike sure wish you did your homeworkd with this fruad imposter. posing as a legit pres knowing full well hes lying through his teeth
He will not be impeached as long as the dems hold power. Get used to that fact.
That’s a fact he will still be having date night, party night, golf every weekend and AF1 rides all over the frickin’ world. Biggest POS we have ever had in office.
Tough choices? Yeah he means should he raise takes 20 or 30 percent!!s
Shoot I will show nObama tough choices. Give me the budget, a red pen and 48 hours and I will give you a balanced budget with no new taxes. It really is easy. You just have to do it. He is such a dunce (that’s the politest thing I could think of)
Could be this....
YOUR FEDERAL INCOME TAX NEXT YEAR
For a summary of changes go to www: thomas.gov ; enter HR3590 in the search box and look for summaries.
Starting in 2011 (next year folks) your W 2 tax form sent by your employer will be increased to show the value of whatever health insurance you are given by the company. It does not matter if that’s a private concern or Governmental body of some sort. If you’re retired? So what, your gross will go up by the amount of insurance you get.
The dollar value (cost of what the company pays for your insurance) will be considered income and added to your gross pay. You will be taxed on the total. You will be required to pay taxes on a large sum of money that you have never seen.
Take your tax form you finished for April and see what $15,000 or $20,000 additional gross does to your tax debt. That’s what you’ll pay next year. For many it also puts you into a new higher bracket so it’s even worse.
This is how the government is going to buy insurance for the 15 % that don’t have insurance and it’s only part of the tax increases.
Not believing this, I researched the summaries and here’s what I’m reading:
On page 25 of 29 :
TITLE IX REVENUE PROVISIONS- SUBTITLE A: REVENUE OFFSET PROVISIONS - (sec .9001 , as modified by sec. 10901)
Sec.9002. “requires employers to include in the W-2 form of each employee the aggregate cost of applicable employer sponsored group health coverage that is excludable from the employees gross income.”
“The Last official act of any government is to loot their own treasury” Glenn Beck - The Overton Window
Getting the goods
on him is not enough. You need the votes in Congress. To impeach you need a majority of the House and two thirds of the Senate.
There were others but Obama is the worst of the lot. No question about it.
And that won't happen in light of we what we have at present. More is the pity.
Read later
Oh, I fully expected this. Not only will we lose the Bush tax cuts, I expect at least SOME of the following:
1. Raise retirement age to 69
2. Decrease Defense Spending by 15%
3. Institute National sales (or VAT) tax
4. increase amount paid into medicare by those making over $100 K
5. Drop Mortgage Interest deduction as tax write-off
6. Increase Corporate Tax by 5%
7. Pass Cap & Trade/Energy Tax
I’m sure there are more we can think of....
Read that bend over and grab your ankles.
And we get to replace him with Joe Biden.
THAT’s his real protection...
Death Panels are real!
Not something I want to think about. One asshole replacing another.
luv this pic you posted
Translation: Republicans will take Congress in November, so next year when they cut the government back a bit to try and make a sane budget, we’ll just blame the Republicans for those layoffs and “suffering” for the next 2 years. Then, out go the Republicans.
All politics, all the time.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.