Posted on 04/15/2009 9:35:04 AM PDT by Sleeping Freeper
Edited on 04/15/2009 9:36:51 AM PDT by Admin Moderator. [history]
WASHINGTON (MarketWatch) -- Obliquely answering the hundreds of "tea bag" protests around the country on tax day, President Barack Obama said Wednesday that he's already delivered the most progressive tax cut in history, with 95% of families getting a tax break in every paycheck.
(Excerpt) Read more at marketwatch.com ...
And lots of folks fell for it hook, line and sinker. They will have a surprise next April 15th. However, I will give him credit for this. He did read the bulk of the people correctly. Sad.
Liar! You had the withholding tables changed to deduct less each paycheck but you did not lower the tax rates that will be due at tax time next year. It’s a scam you Nazi.
Hey, what is everyone talking about? I’ve already received my first tax cut...about $10 more in my paycheck. What to do, what to do with all the money...vacation to the Grand Canyon, or visit Disneyland or...maybe buy 2 more gallons of gas? I can not believe that reporters are not calling his BS on this. Well, I can believe it in one sense but do not know how they sleep at nights with the knowledge of the terrible job they are doing. I guess it is because most of the reporters like our president have no core values to really guide them.
The taxes you put on businesses will be passed onto consumers, thereby raising their taxes. Next year there will be no tax credit, the Bush tax cuts will expire and businesses will increase their prices, lay off workers and reduce wages in order to make up for the increase in taxes they have to pay.
What tax cut were you talking about, liar in chief?
Oh yes we forgot. He gave an totally insignificant and meaningless one time tax credit of $ 400 a year, $ 8 a week, for people making $ 75,000 or less. But at the same time he is going to let the Bush tax cuts expire in the end of 2010 and therefore almost all tax payers will be paying much more in taxes icluding those making $ 75,000 or less. He is going to impose a one trillion dollars "Cap and Trade" tax increase which will double the bill amount that people are paying for energy. He already wasted 4 trillions dollars in his first 3 momths in office which will not only triple the defict and the national debt but also will impose the largest tax increase on people in the last 60 years.
ZERO, Yea YOU, PRESIDENT A.H. HEY STUPID!!!!
You can’t give a TAX CUT to people who DON’T Pay taxes!!!
50% pay NOTHING!!!!!!
You DAMN LIAR!!!! You worthless, lying sack of S__T!!!!
A one time totally insignificant $ 400 tax credit for people making $ 75,000 or less is now considered by Obama the MOST progressive tax cut in history. This man wants us to believe that his insignificant one time tax credit of $ dollar a week for one year only is bigger than Reagan tax cuts or the Bush tax cuts which have saved every each tax payer thousands of dollars each year.
Never before in history of our country there has been a President or even a national politician who lies so constantly, with no shame, and with such brazenness like Barack Obama. It is just incredible.
I received that “tax cut” in my paycheck, along with a note from our payroll expert that we might wish to readjust our withholding, as this “tax cut” would be counted as income when filing next year’s taxes. You see, this was not a tax cut, but a reduction in the rate of withholding. THE TAX RATES WERE NOT CHANGED, thus the “rebate” will count as income. Had my husband and I not submitted a new W2 with fewer deductions, we risked not having enough withheld, and would probably be fined and penalized. Revenue trick? Or just more slick smoke and mirrors?
Hope you enjoy paying your warm, cool, drive and haul taxes ...if you can pay them. Of course, if you pay taxes at all you will not only be paying your taxes for this you will be paying for at least two others.
Wait until the Bush tax cuts expire on December 31 2010 and then you will see how much extra money in taxes you are going to pay. I guarantee you it would be much more than the $ 400 ONE TIME tax credit that socialist Obama gave you.
I spent my $13.00 tax cut for materials for the spending/bailout protest ; )
I totally agree with you.
“I’ve already cut taxes” = Let them eat cake.
Save it. You’ll have to give it back next year.
It's amazing to me that this fact goes unreported.
EARTH TO OBAMA: YOU CAN’T *CUT* TAXES FOR SOMEBODY WHO DOESN’T *PAY* TAXES.
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