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Independent analysis finds Obama´s
´middle-class´ tax cuts won´t help
three-quarters of
Associated Press ^
| 2/2/2015
| Staff
Posted on 02/02/2015 5:15:04 PM PST by Nachum
President Barack Obama calls his tax and spending plan ´middle-class economics,´ but most middle-income families would see little change in their tax bills. Obama is proposing a total of $1.5 trillion in new taxes over the next decade, mostly on corporations and high-income households. He would use much of that money--nearly $280 billion--to pay for targeted tax breaks for low- and middle-income families. Obama´s proposed tax cuts would benefit households with two wage earners, families with young children in child care and those with older children in college. One proposal would automatically enroll workers in individual retirement accounts, unless they
(Excerpt) Read more at dailymail.co.uk ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS: middleclass; obamataxes; poor; tax; waronmiddleclass
Independent analysis finds Obama´s ´middle-class´ tax cuts won´t help three-quarters of the middle class or two-thirds of the poor
1
posted on
02/02/2015 5:15:04 PM PST
by
Nachum
To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...
2
posted on
02/02/2015 5:15:28 PM PST
by
Nachum
(Obamacare: It's. The. Flaw.)
To: Nachum
Obama is a Muslim Marxist. Nothing he does will benefit anyone in the USA except his loyal cronies.
3
posted on
02/02/2015 5:17:47 PM PST
by
Don Corleone
("Oil the gun..eat the cannoli. Take it to the Mattress.")
To: Nachum
To: Nachum
Obama got Zero votes for his Budgets ,you think this time he’ll get 100% Democrat votes
5
posted on
02/02/2015 5:23:42 PM PST
by
molson209
(Blank)
To: Nachum
Independent analysis finds Obama´s ´middle-class´ tax cuts won´t help three-quarters of the middle class or two-thirds of the poor....oh how I wish 'pubs and conservatives n general would start to take on Obama and the 'rats on this whole "out to help the middle class" scam - not only has he not helped the middle class, but his policies have demonstrably hurt them in so many ways - he's destroyed hundreds of thousands of middle class jobs with his war on coal, allowing millions of cheap-labor immigrants to remain in country, and refusal to build the Keystone pipeline; he's cost the middle class thousands of dollars in increased energy costs by deliberately spiking the price of oil and other fossil fuels; and he's raised the price of their medical coverage by insisting the government knows better than they what's best for them in medical insurance and how to achieve it. Obama cavalierly pursues his leftwing ideology no matter who it hurts, then looks at the wreckage and claims he;s going to make it better.....
To: Nachum
they were never designed to help them.
7
posted on
02/02/2015 5:29:57 PM PST
by
Secret Agent Man
(Gone Galt; Not averse to Going Bronson.)
To: Nachum
We MUST REPEAL THE SIXTEENTH AMENDMENT.
AFAIK, no Republican candidate come out for this yet. The closest I’m aware of is Ted Cruz, who talks about “abolishing the IRS.” But I consider REPEAL of the SIXTEENTH AMENDMENT a non-negotiable.
To: Secret Agent Man
Why don’t more people see that?
9
posted on
02/02/2015 5:42:14 PM PST
by
ClearCase_guy
(Malort, turning taste-buds into taste-foes for generations.)
To: Nachum
Look, if he says it, it’s a lie. What more do you need to know?
10
posted on
02/02/2015 5:43:58 PM PST
by
Attention Surplus Disorder
(At no time was the Obama administration aware of what the Obama administration was doing)
To: ClearCase_guy
it’s easy. 1. assume he’s lying. 2. this means whatever he says is the opposite of what he’s really doing. 3. honest analysis always confirms what he’s doing is the opposite of what he says he did.
11
posted on
02/02/2015 5:46:05 PM PST
by
Secret Agent Man
(Gone Galt; Not averse to Going Bronson.)
To: Nachum
There’s no group that offends Barry’s Marxist inclinations more than the middle-class. His policies have decimated the middle class and have rewarded non-taxpayers. This window dressing is just a bogus ploy to try to cover up the obvious hostility of Barry’s past policies.
To: Nachum
And .. all the infrastructure stuff .. is probably just going to be given to all the UNIONS .. just like the stimulus was.
The dems are still convinced we’re too stupid to figure that out.
13
posted on
02/02/2015 5:51:47 PM PST
by
CyberAnt
("The hope and changey stuff did not work, even a smidgen.")
To: Nachum
And this from “Alas, Proletariat!”?
14
posted on
02/02/2015 5:58:47 PM PST
by
RushIsMyTeddyBear
(The White House is now known as "Casa Blanca".)
To: Nachum
doesn’t matter to Obama since this is not about the middle class. That is just cover for extracting more taxes from the wealthy.
To: plain talk
You have it backwards. The effect will be to extract more taxes from the middle class, but the populist sales pitch is to extract same from the wealthy.
16
posted on
02/02/2015 6:16:54 PM PST
by
Attention Surplus Disorder
(At no time was the Obama administration aware of what the Obama administration was doing)
To: Nachum
Obama´s ´middle-class´ tax cuts won´t help three-quarters of the middle class or two-thirds of the poorBut it's not intended to.
17
posted on
02/02/2015 7:01:38 PM PST
by
TBP
(Obama lies, Granny dies.)
To: Nachum
The way I understand Christian Theology during the end times nothing will make sense. Left will become right, up will be down. It will be confusing. Lies and deceit. Girls are as strong as men. Gays are normal. etc. I am getting worried....
18
posted on
02/02/2015 7:06:46 PM PST
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: Nachum
If you like your tax cuts, you can keep your tax cuts. Period.
(The lie is the weapon used most often by the criminal/socialist/totalitarian. Witness history. Witness current events.)
FUBO
19
posted on
02/02/2015 10:57:47 PM PST
by
PGalt
To: molson209
20
posted on
02/03/2015 5:16:45 AM PST
by
urbanpovertylawcenter
(the law and poverty collide in an urban setting and sparks fly)
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