[AU72]

Obama cannot finesse the Bush tax cut expiration.

When millions of tax payers get their first W2 after expiration, it will hit the fan.

[az_gila]

Obama cannot finesse the Bush tax cut expiration.
When millions of tax payers get their first W2 after expiration, it will hit the fan.

---

OK... at what level did those nasty Bush tax cuts go down too?

Won't this increase the tax on the so-called O “middle class” too?

Or are we back to Clinton-speak where a removal of a tax cut is not a tax increase?

[Old_Grouch]

AU72 wrote: “When millions of tax payers get their first W2 after expiration, it will hit the fan.”

I don’t think anything is going to hit the fan, that’s the whole point. The decades go by, the infringements on liberty get worse and worse, government grows bigger and bigger, regulations expand even more, and nothing happens. People vote in someone who will continue the same trend, even accelerate it, and people just continue to rail against business and against Bush’s unbridled capitalism, as if there aren’t far too many regulations on business now. There are many comments after the above article on the original website complaining about what Bush’s laissez faire capitalism has done to the country. The ignorance is abysmal.

[OCCASparky]

When millions of tax payers get their first W2 after expiration, it will hit the fan.

It might not even take that long. One week their paycheck reads X dollars, the next week it's X-y, and all of a sudden it dawns on them that they DID get a tax break under Bush, and now all of a sudden Obummer has just sold them a bridge.

I've always said that true tax reform will never come in this country unless and until we give everyone their ENTIRE paychecks and MAKE them pay their taxes every week/month just like they do every other bill. Payroll deductions are sneaky, devious, and lull the sheeple to sleep.

[kcvl]

When millions of tax payers get their first W2 after expiration, it will hit the fan.

And do exactly what?! The election is over and there is absolutely nothing they can do to stop it now. The people who voted for Obama will be the beneficiaries of the 'tax the rich' plan so it won't bother them.

BTW, I hope the same people who voted for this idiot are proud they will be paying for GM's union insurance promise (including retirees), since that is part of the reason they are bankrupt, when they're bailed out with taxpayer's money!

"GM seeks $50bn bailout to avert meltdown"

When times were good, the automakers did not take on the UAW, which the companies say drove up their labor costs to $30 per hour more than Japanese companies paid their workers. The figure includes pension and health care costs for hundreds of thousands of retirees.

[TLI]

When millions of tax payers get their first W2 after expiration, it will hit the fan.

And that will be after the Stock Market tanks (again) from Capital Gains tax cut not being renewed and everyone bailing from the market before CG tax zooms to 28%