Posted on 10/17/2010 4:10:10 PM PDT by DebraAI
50% Increase in Tax Rate For Poorest Americans in Lowest Tax Bracket
Unbelievable you might say if you are not up on the news. Unfortunately for us all America is headed for a total economic collapse that can start sometime in the new year. The massive tax increase that Obama and the Democrats are allowing is yet another nail in America’s coffin. It is because the Democrats wish it therefore the media isn’t informing the public very well. See below for all data. President Obama Keeps Lying to The Public
He says over and over that the Bush tax cuts that he and the Democrats are letting expire are for the wealthy.
Please Mr. President stop with the propaganda. We are already on to you and know what is about to happen. Thanks Sir, but do we really do need the largest tax increase in American history to begin in January? That isn’t very smart Mr. President and Nancy Pelosi and Harry Reid. You all just can’t wait for America to collapse.
* Click Here To Get a Complete Breakdown of How Obama And the Democrats are robbing us all no matter how much they lie in public.
* Click Here And See How The Ending of The Tax Cuts Affects You With An Easy Online Tool – Just plug in income
(Excerpt) Read more at teapartycpac.org ...
I’m sorry moderator. Can someone put the title in for that. I messed up and the url is there instead. Sorry guys! Should I redo?
>> I don’t know about the rest of you but I now live in New York. <<
I think you are the only one.
Hold on for the ride when taxes go up.
You forget to mention the W9’s that need to be kept on file for each and every one of those 1099’s.
Even if that is IF they ‘compromise’ and only tax the ‘rich’, which is the kubuki dance I see coming, no one can avoid the inflation courtesy of Big Ben, the cruelest tax of all! Watch commodities skyrocket!
You would be surprised at how many Conservatives there are in NY. That Tea Party CPAC started in Brooklyn NY.
There are millions of Conservatives in New York and this year will see a great number of Democrats even in NY getting thrown out on their rears. This is quite possibly the end of the Democratic Party. By 2012 they might be really on the way out completely. America is no longer asleep.
My head almost exploded when Chris Matthews was interviewing Fiorina today on FN Sunday. Seriously, he was asking “what would she cut” to reduce the skyrocketing deficit and she kept saying cut the waste first and then look at entitlements to those who are less than 55 years old. She also mentioned the Bush tax cuts should remain in place. He just kept after her refusing her answers.
She should have just said: I’d cut every entitlement created in the past two years and make sure Obama care is repealed. Fed hiring freeze and 10% across the board pay cut right now wouldn’t hurt either.
Dear God, please help us get control of this government!
Your title is fixed!
The PPT will stop buying in to the market when they see the writing on the wall and the stocks will plunge. Cash or metal or the mattress is the way to go long now.
Not up on the news? The MSM has buried the tax increase, so paid ads are critical over the next 10 days. The RATS even REFUSED to consider any bill to stop the tax increase... And BO refused to offer any legislation to stop the tax increase.
This is a home run issue for the GOP.
Not one in 20 Americans understands that a tax increase is coming in January. When they do find out, there are going to go from angry to LIVID.
Chris Wallace, not Matthews.
Carly could have also said don’t spend any remaining stimulus funds - about $200 billion. I don’t know why the GOP candidates are having such trouble with this issue.
whoops...sorry about the name mistake! LOL. That’s what happens when blood shoots from my eyes. I see Chris Matthews!
Thank You Owen!
Yep....after a good chunk of those who are still working get laid off.
Yeah, I saw Chris Wallace pumping her to frustration.
Here’s a bad scenario for you. I posted a link to that 2011 game a while back. That scenario has Obama and the Democrats losing 100 seats in the House and if I remember right 13 in the Senate. Then we have terror attacks all over America and Obama suspends the sign in for new Reps in his National Emergency in January before they are sworn in.
I used to think impossible but now that game is sounding more and more real. It is linked on the site on the right of the article.
Terrorists won’t cause it, but maybe riots from those who thought they wouldn’t have to pay their mortgage or would get full gas tanks finding out they now have to pay twice the amount of taxes they used to, or after not having to pay, now owing.
Does anyone know what the lowest level income will be taxed in January? They are the ones who should be warned TOMORROW! Under Bush’s tax cuts, some who didn’t pay taxes got refunds. Will that end??? Do they know?
This is all by design. The destruction of capitalism and greedy entrepreneurs will not go unabated.
The poor don’t care about 1099’s. If the Child Tax Credit (aka handout to the poor) really drops from $1000 to $500, that is when they will hear from the angry poor.
I know it was making me crazy.
She should have answered that one thing this economic nightmare has proven is how important jobs are not just to the individual but to society as a whole.
This year SS has a shortfall, more money is being paid out than is being collected. Why? Because so many people are out of work.
She should then have pointed out that when government programs do not spend their entire budget, they crash spend at the end of the fiscal year. Why? Because then they won’t get an increase in the next year’s budget.
She should have said that money being spent to study this that or whatever needs to be stopped. Private companies and investors should be doing this.
She should have said that states shouldn’t have to send such enormous sums to DC to be divied and allotted by career politicians who sell their votes for a few bucks in pork to insure their own reelection.
Yea, my head was about to explode too.
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