Practically every time he opens his mouth these days, President Obama warns that middle-class taxes will automatically go up on Jan. 1 if Congress fails to act on the fiscal cliff before year´s end. "The typical, middle-class family of four will see an income tax hike of around $2,200. How many of you can afford to pay another $2,200 in taxes?" he says. It´s all meant to scare the public into thinking there´s no hope of keeping middle-class taxes down if a deal isn´t worked out before Dec. 31. But Obama is creating a false sense of urgency — and needlessly scaring millions of middle-class families — simply to
Comments: Hussein was reelected by Low Information Voters. His real agenda is to TAX the Successful. That is the message the Republicans SHOULD be shouting in public and directly to America. Give BETTER than you take.
The Democrats won´t be able to help themselves and will look to add more to the tax increase.
The funny thing is the Dems want the Republicans to cave on the top 2% so they can use it against them for "raising taxes" but mainly so they can be restrained from increasing that group to the top 10%.
Boehner needs to clearly state, the added tax revenue from the increasing the top 2% will only cover the current yearly deficit for 1 week. (it´s a great visual for anyone to realize)
And then criticize Harry Reid "look, Democrat Senator Reid has been leading the Senate for 6 years now, and for the last 4 hasn´t even proposed a budget. I presume he´s afraid to offer his own specifics, beyond taxing small businesses, and doesn´t dare vote on the President´s plan". (in those exact words)
I am sure that Obama is wrong about the taxes going up on the middle class as he and his fellow democrats have always said that the Bush tax cuts went to only the wealthy. So we in the middle have nothing to fear, no tax hike for us. Could I be wrong? Hmmmm.
Someone ought to make a cartoon of Obama threatning to go over the cliff holding hands with the News Media!
Most Americans do not realize the jig is up. You violate the laws of science which ecomoices is one - you are screwed. Once the US bonds are downgraded one little notch the pain begins. the only thing that is holding us from going over the edge is that the US currency is 75% of the worlds reserve.
It will be BARRY´s fault if taxes on the middle class revert back. He wants to close more small businesses to prove he´s king. I say let them expire. Vote present if you have to. Then let the multitude on the middle class get up in arms against congress. They´re the ones who voted those worthless demonrats into office.
I think the only thing preventing the WH from imposing their high tax garbage on the middle and lower classes right now is that they haven´t figured out the method to use that leaves their political hides intact after it happens. The media won´t escape the consequences easily either. Good.
The problem is, if Obama told the Treasury to leave the tax withholding rates where they are but allowed all the Bush tax cut rates to go up, for a massive amount of people next year there would be no tax refund at all, and in fact most would owe taxes that they would have to make up out of their disposable cash.
A repeat of Henry Paulson´s frightened stare into the camera that gave us TARP. We should have learned that panic produces very bad legislation.
Fool us once ..
(BTW: This is actually a case where it was Bush´s fault. Bush opened the door for NerØbama just as Hoover opened the door for Roosevelt. This is part of the reason that neither the GOP nor the Democratic Party represent my interests anymore.)
I assure you we could not care less. Half of us would do considerably better without Washington D.C. All of us would have more opportunity. I would pay all of a lifetime of Social Security (socialist) if they (the Federal Government) would only go away.
Anyone who thinks the fiscal cliff is simply a scare tactic will think otherwise very soon. We just peered over the precipice recently when we asked our accountant to calculate what our net proceeds would be on the sale of our home (like many, we´re looking at escaping to a red state). Our home still has a significant amount of equity even after about a 30% drop in market value from the bubble burst.
So after he calculated the new 3.8% surtax on home sales for Obamacare and the proposed increase in capital gains taxes and the pending increases in state and federal taxes, voila!...we barely net out to zero. The robbery could only be more complete if there was a gun pointed at our heads when we signed the papers.
0blamers whole game is to get the massive tax increase he desires by letting what the democrats call the "Bush tax cuts" expire thus raising everyones taxes take a huge jump. Rather that proposing this he will do nothing and blame congress for letting it happen. His base of know nothing voters will fall for it hook line and sinker as their take home pay is decreased. Of course thye large number who pay no taxes will not even notice when they get their welfare checks, food stamps and subsidized housing.
Have the Pubs considered passing an extension of the tax cuts (as current, plus some loopholes capped for high-earners) in the House and sending it to the Senate... I know, I know, the Dems in the Senate wouldn´t pass it, but THEN who would be forcing a tax hike on the middle class?
That bill #21 should have been passed and sent to the senate at least 5 weeks ago and resubmitted daily with loud voices demanding the Dem Senators force Reid to bring it to the floor. The House and especially the Senate were ruined when power grabbers decided to install committees that were never intended by the Constitution.That Constitution provides for full floor votes up or down one very bill.
The real fiscal cliff will be the complete collapse of the economy if things don´t change soon. As for taxes the real taxes are the quantitative easing which amount to printing money. This dilutes the value of money right in your pocket. The official tax increases are a drop in the bucket compared to this. Diluting the currency is form of default which is not formal default but becomes inevitable at these spending levels. One way or the other government spending costs everybody.
Who is worried? Over what? None of the people who voted for the Democrats and Hussein are worried about taxes! They simply know he´s black and that´s as far as they think. The rest is nothing but hash to them- unrecognizable and unimportant- they don´t even know what the fuss is all about and probably don´t even know there is a fuss. He´s black! That´s that!
Earlier Tuesday, NBC News reported that President Barack Obama had shaken hands with Zimbabwean leader Robert Mugabe. However, the UK Telegraph´s Josie Ensor reported that Obama "was asked to take his seat just before reaching Mugabe." Complicating matters, another article in the UK Telegraph also claimed that Obama had shaken hands with Mugabe--in very similar terms to those used in the NBC article. Breitbart News caught the discrepancy--and suddenly the NBC News article was corrected, with no notice. Before: On his way to the rostrum, Obama also shook the hand of Robert Mugabe, the strongman ruler of Zimbabwe, and hugged Dilma Rousseff, the
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When I was a kid, I knew two different Santa Clauses. The first had a fat belly, rosy cheeks, a long white beard, and skin as pink as bubble gum. He was omnipresent, visiting my pre-school and the local mall, visible in all of my favorite Christmas specials. Then there was the Santa in my family’s household, in the form of ornaments, cards, and holiday figurines. A near-carbon copy of the first one—big belly, rosy cheeks, long white beard: check, check, check. But his skin was as dark as mine. Seeing two different Santas was bewildering. Eventually I asked my father what
US President Barack Obama may have moved the masses attending Nelson Mandela’s memorial service with his stirring eulogy, but it was his grinning "selfie" with the Danish and British premiers that set social networks abuzz. In a candid moment captured by a photographer, Denmark’s Prime Minister Helle Thorning-Schmidt can be seen holding up her smartphone, with Obama lending a helping hand, as they pose for a picture with David Cameron, all three of them smiling broadly in their seats at Soweto’s World Cup stadium.(Snip)Mashable, the news and technology website, ran the photograph under the headline: ‘‘Dear Obama: Funerals are no place
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A black fashion student says he was brutally attacked by a gang of Hasidic men who shouted anti-gay slurs at him while he was walking through Williamsburg after a night of partying, the Daily News has learned. Taj Patterson, 22, was headed home to Fort Greene around 4:30 a.m. on Dec. 1 when he says more than a dozen ultra-Orthodox Jewish men began assaulting him on Flushing Ave. and yelling, “Stay down, f----t!”
A “presidential selfie” featuring President Barack Obama, British Prime Minister David Cameron, and Denmark’s Prime Minister Helle Thorning-Schmidt at Nelson Mandela’s memorial service began making the rounds this morning, but it’s the person not included in the frame who caught everyone’s attention: As anyone with two eyes and a Twitter account has noticed, Michelle Obama does not appear amused. Of course, though a picture says a thousand words, not all of those words are necessarily true. FLOTUS might not have even known the photo was taking place. Or she could disapprove of funeral selfies. Either way.