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Folks freak at size of tax hikes if
fiscal cliff isn’t averted in the coming days

New York Post, by KEVIN FASICK, REUVEN FENTON

Original Article

Posted By:Oblio, 12/27/2012 8:21:55 AM

They’re ready to jump off a real cliff.New Yorkers of all income levels got a rude awakening yesterday when they saw in The Post how much more they will pay in taxes next year without a fiscal-cliff deal by Jan. 1. “It’s that much higher?” asked IT worker Vikas Kataria, 34, who discovered that his combined household income of about $250,000 per year will cost him nearly $10,000 more in taxes. “I thought it was a couple thousand — but that’s a lot,”

      


Post Reply  

Reply 1 - Posted by: cartcart, 12/27/2012 8:29:26 AM     (No. 9085423)

The chickens are coming home to roost.

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Reply 2 - Posted by: civilservant, 12/27/2012 8:30:11 AM     (No. 9085426)

If you voted for O, I hope the cliff leaves you too little money to even buy cat food, and that the final hours all you O voters spend on this planet are hard, painful and cold.

THAT is how little I care about those blobs of protoplasm that voted to destroy this Country.

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Reply 3 - Posted by: engrpat, 12/27/2012 8:30:36 AM     (No. 9085427)

I have to question the big raise in taxes for the middle class as the dems, for 10 years, have been saying that the Bush tax cuts went to the super rich only. Why and I confused?

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Reply 4 - Posted by: Coy860, 12/27/2012 8:35:45 AM     (No. 9085440)

A big thank you to President Bush, who saved families so much money over the past 10 years.
Obama messed with your heads and fooled you!
Did you actually believe the Liar and the democrat bee ess artists? Bush tax cuts for the millionaires and billionaires? ha ha ha
Next time, pay attention to Republicans, the party of lower taxes for ALL Americans.

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Reply 5 - Posted by: Spidey, 12/27/2012 8:37:17 AM     (No. 9085441)

I can´t believe how hard the $500,000 club is getting hit.These people are totally crazy if they don´t think it´ll kill the economy.Obama continues to be invisible but Gowdy says there´ll be a deal so I guess he knows.

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Reply 6 - Posted by: Grambo, 12/27/2012 8:46:15 AM     (No. 9085452)

Even if there is a late inning deal, the chaos in the withholding rules in the first quarter as a result of the deal will have heads exploding.

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Reply 7 - Posted by: arcady, 12/27/2012 8:50:57 AM     (No. 9085460)

Whatever...this is all part of, "the script". More Kabuki theater for the rest of us.
Taxes have been stealthily going up 3 to 5% a year for the past few years through Fed debasement. This is just more of the same. Government wins, you lose...

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Reply 8 - Posted by: Travis Mcgee, 12/27/2012 8:54:49 AM     (No. 9085470)

Apparently an IT degree doesn´t really require all that much intelligence. What a dunce. He probably thought that Mitt Romney killed that union dude´s wife too.

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Reply 9 - Posted by: Bloviate, 12/27/2012 9:00:03 AM     (No. 9085483)

It is sad how so many did not noticed the tax cuts when they first happened!
Now they notice and now the Dems admit that everyone got a tax cut and 5 to 10% were actually taken off the tax rolls!
I wish that Fasick had asked the people he spoke to who they voted for?
Here in Maryland, you are rich if you make $100,000 per year or $150,000 per year if married! I am sure that the gays who get married in Maryland will be glad to pay this marrige tax!

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Reply 10 - Posted by: southernboy, 12/27/2012 9:25:37 AM     (No. 9085540)

Yeah! Looks like the trips to Europe, vacations and bathroom renovations have to be postponed! Really!?
Join the club, you spoiled liberal idiots. Chickens to roost, indeed!

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Reply 11 - Posted by: PageTurner, 12/27/2012 9:29:45 AM     (No. 9085550)

All to finance Obama´s Big Spending government.

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Reply 12 - Posted by: noproblems, 12/27/2012 9:31:41 AM     (No. 9085554)

this issue is bigger than 0bama. Revenue and spending by the federal government needs to balance. If people like all the federal spending they will need to get used to paying for it.

Both parties are responsible for the mess we arre in.

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Reply 13 - Posted by: FunOne, 12/27/2012 9:38:41 AM     (No. 9085579)

Obviously Vikas doesn´t pay much attention to serious politics and public policy.

This kind of person seems to nest in the New York area, where they think it is OK for the Mayor to dictate to them how much of a soft drink ration they can have.

Maybe if something like this causes them to pay attention, the state might someday become blue--but I doubt it.

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Reply 14 - Posted by: Really?, 12/27/2012 9:44:45 AM     (No. 9085598)

This needs to be billed as "a return to the Clinton Tax Rates" as a contrast to "Bushes tax cuts for the rich". As we all know, they were tax cuts for everybody, nut just the rich.

MAYBE people will catch on if we simply call it what it is: "a return to the Clinton era Tax rates".

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Reply 15 - Posted by: tenncon231, 12/27/2012 9:47:19 AM     (No. 9085603)

Dems are surprised at the "high cost of obamalove"??
Unfortunately the cost is charged to all even me and all other "obamahaters"!!

The price of "white guilt" has been charged to all makers to maintain the gravy train for the takers!!

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Reply 16 - Posted by: Bpl40, 12/27/2012 9:51:47 AM     (No. 9085612)

For almost decade the ´Rats would have us believe that this was ´a give away to the rich´. Why the panic now?

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Reply 17 - Posted by: Northern Redman, 12/27/2012 10:01:57 AM     (No. 9085639)

#3, #14 - You beat me to it. I was going to say that this is just an expiration of the Bush "tax cuts for the rich" that the liberals have been telling us we have to get rid of for years. So, now we go back to the rates under Clinton, which liberals are always telling us produced the "surplus" that Bush inherited. So, what´s their problem?

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R_DBL_B
  


 
Reply 18 - Posted by: strike3, 12/27/2012 10:09:30 AM     (No. 9085660)

Getting hit with a 2 X 4 upside the head for the past four years apparently didn´t make these people realize what they were voting for. Now that Obama has his sticky fingers in their wallets, the eyes are opening.

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Reply 19 - Posted by: amylu, 12/27/2012 10:24:05 AM     (No. 9085687)

The two things the Obama wind-up doll has repeated over and over and over are "Everyone must pay his FAIR SHARE" (?), and "Anyone making $250,000 or less will not have to pay one cent more in taxes".

To those ignorant chumps who voted for him: You made your bed; now lie in it! ~~ The only problem is you pulled the rest of us into that bed.



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Reply 20 - Posted by: Patriot Forever, 12/27/2012 10:31:13 AM     (No. 9085702)

Those who freak out obviously were not listening before they voted. I´ll bet most voted for Obama.

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Reply 21 - Posted by: chance_232, 12/27/2012 10:55:05 AM     (No. 9085757)

Absolutely no sympathy for these people. They VOTED FOR this! In 2008 they ASKED for it and in 2012 they ASKED for another one. These morons climbed into bed with Obama and now they are being told to leave their wallets on the dresser on their way out.

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Reply 22 - Posted by: cjohn2979, 12/27/2012 11:06:54 AM     (No. 9085786)

I keep hearing liberals say they simply want to go back to the Clinton tax rates. Well, that is exactly what will happen if the cuts expire yet a lot of those same Democrats say going over the cliff will be a disaster for our economy. I agree. Democrats are a disaster for our economy.

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Reply 23 - Posted by: craige, 12/27/2012 11:11:35 AM     (No. 9085800)

Obama was elected by a Majority. So were US Senators. The Majority has ruled.

The ´rich´ should be grateful the Majority lets them keep as much as it does. Things could be worse (France).

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Reply 24 - Posted by: Blackeagle, 12/27/2012 11:18:45 AM     (No. 9085828)

Hey, someone has got to pay for all those Obamaphones and GM Volts.

While some folks under the old 28% rates under Clinton moved to the lower 25% rate under Bush, the bulk of those folks were actually moved to a lower tax bracket entirely - to 15%. Going over the cliff they move back to 28%.

Good times.

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Reply 25 - Posted by: oh-heck, 12/27/2012 12:00:53 PM     (No. 9085937)

The real screams are going to come from the less than $50,000 income folk. The end of payroll tax holiday is going to hit hard. So will end of the low income tax credits that come in the form of a government check each month to the baby mommas. Some of those baby daddies are going to be really hurt when the checks stop coming. And the Bush rates pushed a lot of low income folk off the tax rolls. Voila, their checks will be smaller in January. Ninety percent of the new tax revenue coming is from the non-rich. There´s going to be a whole lot of squealing around the Democrat troughs in January.

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Reply 26 - Posted by: theLuz, 12/27/2012 4:08:34 PM     (No. 9086358)

people don´t remember or even know that Bush cut taxes for EVERYONE and wanted them to be permanent but the Dems made them expire.

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