Obama will raise taxes on the middle class in 100 days

[ScreamingEagle]

The GOP has tried to raise taxes on the middle class and Obama put those punk bitches in their place.

are you daft....? what do you think TAXMAGEDDON is all about anyhow....?

the willfully blind will not see.....even though the facts are laid out in front of them.....

I'll say it again, holy hell are you dumb as hell. It's like talking to a mindless zombie that just parrots fox news and beck propaganda without a care in the world about actual facts.

you obviously cannot prove that the Bush tax cuts did NOT create jobs......because the fact is they actually did.....millions of them before the recession occurred.....

the fact that Obama can't create a shoe shine job if his life depended on it doesn't seem to bother you either....can we say 8+% for months on end....?

and the fact that Obama is trying to tax the hell out of the job makers for absolutely no good reason except to fullfill his marxist dreams....meanwhile USING and holding the middle class hostage.... doesn't resonate with you either.....

conclusion: dumber than hell...

 

[jgarden]

Americans for Tax Reform

Americans for Tax Reform (ATR) is ostensibly a group that pushes for lower taxes. It has close ties to the Republican Party and has frequently allied itself with the tobacco industry.

ATR is headed by Grover Norquist, one of the most connected members of the new right-wing movement. He has close ties to the Republican Party, large U.S. business interests, and both the subsidized and regular U.S. media. Norquist helped the Heritage Foundation write the Republican's 1994 Contract With America.

Shortly thereafter, Norquist led a right wing charge to "de-fund" the left, declaring that "We will hunt [these liberal groups] down one by one and extinguish their funding sources." Norquist has also worked as a lobbyist for clients including Microsoft, American Business for Legal Immigration, Distilled Spirits Council, Edison Electric Institute, Interactive Gaming Council, and British Petroleum.

ATR is a member of the American Legislative Exchange Council (ALEC)

About ALEC
ALEC is a corporate bill mill. It is not just a lobby or a front group; it is much more powerful than that. Through ALEC, corporations hand state legislators their wishlists to benefit their bottom line. Corporations fund almost all of ALEC's operations. They pay for a seat on ALEC task forces where corporate lobbyists and special interest reps vote with elected officials to approve “model” bills.

http://www.sourcewatch.org/index.php?title=Americans_for_Tax_Reform

Source: Americans For Tax Reform

Now there's a totally unbiased thread unpon which to base a thread!

 

[ScreamingEagle]

The GOP has tried to raise taxes on the middle class and Obama put those punk bitches in their place.

are you daft....? what do you think TAXMAGEDDON is all about anyhow....?

the willfully blind will not see.....even though the facts are laid out in front of them.....

You know, people like you are an embarressment even to the wingnuts.

got you to crawl out from under your rock and bitch.....i love irritating liberal dumbfucks...

 

[bigrebnc1775]

The GOP has tried to raise taxes on the middle class and Obama put those punk bitches in their place.

are you daft....? what do you think TAXMAGEDDON is all about anyhow....?

the willfully blind will not see.....even though the facts are laid out in front of them.....

You know, people like you are an embarressment even to the wingnuts.

Expiring Tax Cuts Would Cause a Double Dip Recession. In increasing the tax burden on the rich, the spending and investment that wealthy individuals partake in is cut off, preventing these areas of the economy from growing. Recessions and recession prevention are often reliant upon public perception of an economy’s general health and the extent of its exposure to less stable economies.

 

[ScreamingEagle]

Source: Americans For Tax Reform

Now there's a totally unbiased thread unpon which to base a thread!

so do it one better and prove it's not true....

dismissed!

 

[thereisnospoon]

"Obama will raise taxes" what a lying sack of shit. The epically failed bush tax cuts for the rich was a temporary stimulus that didn't do a damn thing but send us soaring into debt. Obama also has never presenting raising taxes a dime on 98% of americans, but if the GOP shitheads are going to be pussy bitches again, just let all the tax breaks expire.

Fuck you.

Can't handle the truth, can you shit for brains?

No scum sucker..It's you who started with the insults.
So fuck you. My neighbor needs his septic system cleaned. Go get your straw.

 

[Politico]

he's going to raise income tax on the most poor by 50%......how can you SUPPORT that....?

Seeing as reb is going to keep going round and round we'll try you now. Seeing as you're just calling people names I won't expect much but here goes.

Show me what direct actions involving the 2001/03 tax breaks that Obama who voted for the initial bill and signed its extension (and who may or may not be President in 2013) has taken that will raise taxes.

 

[bigrebnc1775]

he's going to raise income tax on the most poor by 50%......how can you SUPPORT that....?

Seeing as reb is going to keep going round and round we'll try you now. Seeing as you're just calling people names I won't expect much but here goes.

Show me what direct actions involving the 2001/03 tax breaks that Obama who voted for the initial bill and signed its extension (and who may or may not be President in 2013) has taken that will raise taxes.

Direct action? ok will you pay more or less in taxes, in 2013 than you are now? If you are paying more in 2013 than you are now that is about as direct as you can get.

 

[candycorn]

"Taxmagedon" will hit families and small businesses in three great waves on January 1, 2013:

First Wave: Expiration of 2001 and 2003 Tax Relief

In 2001 and 2003, the GOP Congress enacted several tax cuts for small business owners, families, and investors (later re-upped by President Obama and Democrat Congress in 2010). The following tax hikes will occur on January 1, 2013:

Personal income tax rates will rise on January 1, 2013. The top income tax rate will rise from 35 to 39.6 percent (this is also the rate at which the majority of small business profits are taxed). The lowest rate will rise from 10 to 15 percent. All the rates in between will also rise. Itemized deductions and personal exemptions will again phase out, which has the same mathematical effect as higher marginal tax rates. The full list of marginal rate hikes is below:

-The 10% bracket rises to a new and expanded 15%

-The 25% bracket rises to 28%

-The 28% bracket rises to 31%

-The 33% bracket rises to 36%

-The 35% bracket rises to 39.6%

Higher taxes on marriage and family coming on January 1, 2013. The “marriage penalty” (narrower tax brackets for married couples) will return from the first dollar of taxable income. The child tax credit will be cut in half from $1000 to $500 per child. The standard deduction will no longer be doubled for married couples relative to the single level.

Middle Class Death Tax returns on January 1, 2013. The death tax is currently 35% with an exemption of $5 million ($10 million for married couples). For those dying on or after January 1 2013, there is a 55 percent top death tax rate on estates over $1 million. A person leaving behind two homes and a retirement account could easily pass along a death tax bill to their loved ones.

Higher tax rates on savers and investors on January 1, 2013. The capital gains tax will rise from 15 percent this year to 23.8 percent in 2013. The top dividends tax will rise from 15 percent this year to 43.4 percent in 2013. This is because of scheduled rate hikes plus Obamacare’s investment surtax.

Second Wave: Obamacare Tax Hikes

There are twenty new or higher taxes in Obamacare. Some have already gone into effect (the tanning tax, the medicine cabinet tax, the HSA withdrawal tax, W-2 health insurance reporting, and the “economic substance doctrine”). Several more will go into effect on January 1, 2013. They include:

The Obamacare Medical Device Tax begins to be assessed on January 1, 2013. Medical device manufacturers employ 409,000 people in 12,000 plants across the country. This law imposes a new 2.3% excise tax on gross sales – even if the company does not earn a profit in a given year. Exempts items retailing for <$100.

The Obamacare Medicare Payroll Tax Hike takes effect on January 1, 2013. The Medicare payroll tax is currently 2.9 percent on all wages and self-employment profits. Starting in 2013, wages and profits exceeding $200,000 ($250,000 in the case of married couples) will face a 3.8 percent rate.

The Obamacare “Special Needs Kids Tax” comes online on January 1, 2013. Imposes a cap on FSAs of $2500 (now unlimited). Indexed to inflation after 2013. There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children. There are thousands of families with special needs children in the United States, and many of them use FSAs to pay for special needs education. Tuition rates at one leading school that teaches special needs children in Washington, D.C. (National Child Research Center) can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education. This Obamacare cap harms these families.

The Obamacare “Haircut” for Medical Itemized Deductions goes into force on January 1, 2013. Currently, those facing high medical expenses are allowed a deduction for medical expenses to the extent that those expenses exceed 7.5 percent of adjusted gross income (AGI). The new provision imposes a threshold of 10 percent of AGI. Waived for 65+ taxpayers in 2013-2016 only.

Third Wave: The Alternative Minimum Tax and Employer Tax Hikes

When Americans prepare to file their tax returns in January of 2013, they’ll be in for a nasty surprise—the AMT won’t be held harmless, and many tax relief provisions will have expired. These tax increases will be in force for BOTH 2012 and 2013. The major items include:

The AMT will ensnare over 31 million families, up from 4 million last year. According to the left-leaning Tax Policy Center, Congress’ failure to index the AMT will lead to an explosion of AMT taxpaying families—rising from 4 million last year to 31 million. These families will have to calculate their tax burdens twice, and pay taxes at the higher level. The AMT was created in 1969 to ensnare a handful of taxpayers.

Full business expensing will disappear. In 2011, businesses can expense half of their purchases of equipment. Starting on 2013 tax returns, all of it will have to be “depreciated” (slowly deducted over many years).

Taxes will be raised on all types of businesses. There are literally scores of tax hikes on business that will take place. The biggest is the loss of the “research and experimentation tax credit,” but there are many, many others. Combining high marginal tax rates with the loss of this tax relief will cost jobs.

Tax Benefits for Education and Teaching Reduced. The deduction for tuition and fees will not be available. Tax credits for education will be limited. Teachers will no longer be able to deduct classroom expenses. Coverdell Education Savings Accounts will be cut. Employer-provided educational assistance is curtailed. The student loan interest deduction will be disallowed for hundreds of thousands of families.

Charitable Contributions from IRAs no longer allowed. Under current law, a retired person with an IRA can contribute up to $100,000 per year directly to a charity from their IRA. This contribution also counts toward an annual “required minimum distribution.” This ability will no longer be there.



Source: Americans For Tax Reform
The Wonder (Taxation) Of Obamacare - 1450 WHTC Holland's Hometown Station

It's about time. According to the Governor, 47% pay no federal income taxes. Obama is doing what is right; what is fair I guess.

 

[ScreamingEagle]

he's going to raise income tax on the most poor by 50%......how can you SUPPORT that....?

Seeing as reb is going to keep going round and round we'll try you now. Seeing as you're just calling people names I won't expect much but here goes.

Show me what direct actions involving the 2001/03 tax breaks that Obama who voted for the initial bill and signed its extension (and who may or may not be President in 2013) has taken that will raise taxes.

Obama is stuck on taxing the rich....

Obama Adviser Says President Will Not Extend Bush Tax Cuts, Even Temporarily: ’100% Committed’ | As House Republicans return to Washington to a vote on extending the 2001 and 2003 tax cuts for another year, Obama adviser Robert Gibbs insisted that the president would not support giving rich people another tax break. “Let’s make some progress on our spending by doing away with tax cuts for people who quite frankly don’t need them – tax cuts that haven’t worked,” Gibbs said during an appearance on CNN’s State of the Union. Obama is “100% committed” to that position, he insisted. White House Press Secretary Jay Carney made a similar pledge last month when he was asked directly if the president supports a temporary extension of the cuts, which expire at the end of the year. Carney said, “He will not. Could I be more clear?” Watch Gibbs:

Obama Adviser Says President Will Not Extend Bush Tax Cuts, Even Temporarily: '100% Committed' | ThinkProgress

 

[jgarden]

Source: Americans For Tax Reform

Now there's a totally unbiased thread unpon which to base a thread!

so do it one better and prove it's not true....

dismissed!

ATR is headed by Grover Norquist, one of the most connected members of the new right-wing movement. He has close ties to the Republican Party, large U.S. business interests, and both the subsidized and regular U.S. media ... Norquist has also worked as a lobbyist for clients including Microsoft, American Business for Legal Immigration, Distilled Spirits Council, Edison Electric Institute, Interactive Gaming Council, and British Petroleum.

Americans for Tax Reform - SourceWatch

Grover Norquist, the current head of Americans For Tax Reform, used to be a lobbyist for British Petroleum.

British Petroleum - now there's a good corporate citizen to represent.

- 2005 Texas City Refinery explosion - 15 workers killed, more than 170 injured

- 2010 Deepwater Horizon explosion - 11 men killed, 17 injured

- British Petroleum responsible for the oil spill in the Gulf, the largest in world history (attributed to cost cutting, bad management and incompetence)

-2012 Cherry Point explosion (Colorado) - 1 1 worher killed, 2 injured

 

[bigrebnc1775]

"Taxmagedon" will hit families and small businesses in three great waves on January 1, 2013:

First Wave: Expiration of 2001 and 2003 Tax Relief

In 2001 and 2003, the GOP Congress enacted several tax cuts for small business owners, families, and investors (later re-upped by President Obama and Democrat Congress in 2010). The following tax hikes will occur on January 1, 2013:

Personal income tax rates will rise on January 1, 2013. The top income tax rate will rise from 35 to 39.6 percent (this is also the rate at which the majority of small business profits are taxed). The lowest rate will rise from 10 to 15 percent. All the rates in between will also rise. Itemized deductions and personal exemptions will again phase out, which has the same mathematical effect as higher marginal tax rates. The full list of marginal rate hikes is below:

-The 10% bracket rises to a new and expanded 15%

-The 25% bracket rises to 28%

-The 28% bracket rises to 31%

-The 33% bracket rises to 36%

-The 35% bracket rises to 39.6%

Higher taxes on marriage and family coming on January 1, 2013. The “marriage penalty” (narrower tax brackets for married couples) will return from the first dollar of taxable income. The child tax credit will be cut in half from $1000 to $500 per child. The standard deduction will no longer be doubled for married couples relative to the single level.

Middle Class Death Tax returns on January 1, 2013. The death tax is currently 35% with an exemption of $5 million ($10 million for married couples). For those dying on or after January 1 2013, there is a 55 percent top death tax rate on estates over $1 million. A person leaving behind two homes and a retirement account could easily pass along a death tax bill to their loved ones.

Higher tax rates on savers and investors on January 1, 2013. The capital gains tax will rise from 15 percent this year to 23.8 percent in 2013. The top dividends tax will rise from 15 percent this year to 43.4 percent in 2013. This is because of scheduled rate hikes plus Obamacare’s investment surtax.

Second Wave: Obamacare Tax Hikes

There are twenty new or higher taxes in Obamacare. Some have already gone into effect (the tanning tax, the medicine cabinet tax, the HSA withdrawal tax, W-2 health insurance reporting, and the “economic substance doctrine”). Several more will go into effect on January 1, 2013. They include:

The Obamacare Medical Device Tax begins to be assessed on January 1, 2013. Medical device manufacturers employ 409,000 people in 12,000 plants across the country. This law imposes a new 2.3% excise tax on gross sales – even if the company does not earn a profit in a given year. Exempts items retailing for <$100.

The Obamacare Medicare Payroll Tax Hike takes effect on January 1, 2013. The Medicare payroll tax is currently 2.9 percent on all wages and self-employment profits. Starting in 2013, wages and profits exceeding $200,000 ($250,000 in the case of married couples) will face a 3.8 percent rate.

The Obamacare “Special Needs Kids Tax” comes online on January 1, 2013. Imposes a cap on FSAs of $2500 (now unlimited). Indexed to inflation after 2013. There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children. There are thousands of families with special needs children in the United States, and many of them use FSAs to pay for special needs education. Tuition rates at one leading school that teaches special needs children in Washington, D.C. (National Child Research Center) can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education. This Obamacare cap harms these families.

The Obamacare “Haircut” for Medical Itemized Deductions goes into force on January 1, 2013. Currently, those facing high medical expenses are allowed a deduction for medical expenses to the extent that those expenses exceed 7.5 percent of adjusted gross income (AGI). The new provision imposes a threshold of 10 percent of AGI. Waived for 65+ taxpayers in 2013-2016 only.

Third Wave: The Alternative Minimum Tax and Employer Tax Hikes

When Americans prepare to file their tax returns in January of 2013, they’ll be in for a nasty surprise—the AMT won’t be held harmless, and many tax relief provisions will have expired. These tax increases will be in force for BOTH 2012 and 2013. The major items include:

The AMT will ensnare over 31 million families, up from 4 million last year. According to the left-leaning Tax Policy Center, Congress’ failure to index the AMT will lead to an explosion of AMT taxpaying families—rising from 4 million last year to 31 million. These families will have to calculate their tax burdens twice, and pay taxes at the higher level. The AMT was created in 1969 to ensnare a handful of taxpayers.

Full business expensing will disappear. In 2011, businesses can expense half of their purchases of equipment. Starting on 2013 tax returns, all of it will have to be “depreciated” (slowly deducted over many years).

Taxes will be raised on all types of businesses. There are literally scores of tax hikes on business that will take place. The biggest is the loss of the “research and experimentation tax credit,” but there are many, many others. Combining high marginal tax rates with the loss of this tax relief will cost jobs.

Tax Benefits for Education and Teaching Reduced. The deduction for tuition and fees will not be available. Tax credits for education will be limited. Teachers will no longer be able to deduct classroom expenses. Coverdell Education Savings Accounts will be cut. Employer-provided educational assistance is curtailed. The student loan interest deduction will be disallowed for hundreds of thousands of families.

Charitable Contributions from IRAs no longer allowed. Under current law, a retired person with an IRA can contribute up to $100,000 per year directly to a charity from their IRA. This contribution also counts toward an annual “required minimum distribution.” This ability will no longer be there.



Source: Americans For Tax Reform
The Wonder (Taxation) Of Obamacare - 1450 WHTC Holland's Hometown Station

It's about time. According to the Governor, 47% pay no federal income taxes. Obama is doing what is right; what is fair I guess.

Yes, 47% of Households Owe No Taxes. Look Closer.
http://www.nytimes.com/2010/04/14/business/economy/14leonhardt.html?_r=0

 

[ScreamingEagle]

Source: Americans For Tax Reform

Now there's a totally unbiased thread unpon which to base a thread!

so do it one better and prove it's not true....

dismissed!

ATR is headed by Grover Norquist, one of the most connected members of the new right-wing movement. He has close ties to the Republican Party, large U.S. business interests, and both the subsidized and regular U.S. media ... Norquist has also worked as a lobbyist for clients including Microsoft, American Business for Legal Immigration, Distilled Spirits Council, Edison Electric Institute, Interactive Gaming Council, and British Petroleum.

Americans for Tax Reform - SourceWatch

Grover Norquist, the current head of Americans For Tax Reform, used to be a lobbyist for British Petroleum.

British Petroleum - now there's a good corporate citizen to represent.

Wasn't that the company responsible for the oil spill in the Gulf, the largest in history - due to cist cutting, bad management and incompetence?

so Norquist had prior connections...that doesn't mean your taxes won't go up as per the list in 100 days...

 

[RDD_1210]

"Obama will raise taxes" what a lying sack of shit. The epically failed bush tax cuts for the rich was a temporary stimulus that didn't do a damn thing but send us soaring into debt. Obama also has never presenting raising taxes a dime on 98% of americans, but if the GOP shitheads are going to be pussy bitches again, just let all the tax breaks expire.

obama has raised taxes and through obamatax will raise them again.

Only for moochers such as yourself. Why do you insist on mooching on hard working people?

 

[RDD_1210]

"Taxmagedon" will hit families and small businesses in three great waves on January 1, 2013:

First Wave: Expiration of 2001 and 2003 Tax Relief

In 2001 and 2003, the GOP Congress enacted several tax cuts for small business owners, families, and investors (later re-upped by President Obama and Democrat Congress in 2010). The following tax hikes will occur on January 1, 2013:

Personal income tax rates will rise on January 1, 2013. The top income tax rate will rise from 35 to 39.6 percent (this is also the rate at which the majority of small business profits are taxed). The lowest rate will rise from 10 to 15 percent. All the rates in between will also rise. Itemized deductions and personal exemptions will again phase out, which has the same mathematical effect as higher marginal tax rates. The full list of marginal rate hikes is below:

-The 10% bracket rises to a new and expanded 15%

-The 25% bracket rises to 28%

-The 28% bracket rises to 31%

-The 33% bracket rises to 36%

-The 35% bracket rises to 39.6%

Higher taxes on marriage and family coming on January 1, 2013. The “marriage penalty” (narrower tax brackets for married couples) will return from the first dollar of taxable income. The child tax credit will be cut in half from $1000 to $500 per child. The standard deduction will no longer be doubled for married couples relative to the single level.

Middle Class Death Tax returns on January 1, 2013. The death tax is currently 35% with an exemption of $5 million ($10 million for married couples). For those dying on or after January 1 2013, there is a 55 percent top death tax rate on estates over $1 million. A person leaving behind two homes and a retirement account could easily pass along a death tax bill to their loved ones.

Higher tax rates on savers and investors on January 1, 2013. The capital gains tax will rise from 15 percent this year to 23.8 percent in 2013. The top dividends tax will rise from 15 percent this year to 43.4 percent in 2013. This is because of scheduled rate hikes plus Obamacare’s investment surtax.

Second Wave: Obamacare Tax Hikes

There are twenty new or higher taxes in Obamacare. Some have already gone into effect (the tanning tax, the medicine cabinet tax, the HSA withdrawal tax, W-2 health insurance reporting, and the “economic substance doctrine”). Several more will go into effect on January 1, 2013. They include:

The Obamacare Medical Device Tax begins to be assessed on January 1, 2013. Medical device manufacturers employ 409,000 people in 12,000 plants across the country. This law imposes a new 2.3% excise tax on gross sales – even if the company does not earn a profit in a given year. Exempts items retailing for <$100.

The Obamacare Medicare Payroll Tax Hike takes effect on January 1, 2013. The Medicare payroll tax is currently 2.9 percent on all wages and self-employment profits. Starting in 2013, wages and profits exceeding $200,000 ($250,000 in the case of married couples) will face a 3.8 percent rate.

The Obamacare “Special Needs Kids Tax” comes online on January 1, 2013. Imposes a cap on FSAs of $2500 (now unlimited). Indexed to inflation after 2013. There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children. There are thousands of families with special needs children in the United States, and many of them use FSAs to pay for special needs education. Tuition rates at one leading school that teaches special needs children in Washington, D.C. (National Child Research Center) can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education. This Obamacare cap harms these families.

The Obamacare “Haircut” for Medical Itemized Deductions goes into force on January 1, 2013. Currently, those facing high medical expenses are allowed a deduction for medical expenses to the extent that those expenses exceed 7.5 percent of adjusted gross income (AGI). The new provision imposes a threshold of 10 percent of AGI. Waived for 65+ taxpayers in 2013-2016 only.

Third Wave: The Alternative Minimum Tax and Employer Tax Hikes

When Americans prepare to file their tax returns in January of 2013, they’ll be in for a nasty surprise—the AMT won’t be held harmless, and many tax relief provisions will have expired. These tax increases will be in force for BOTH 2012 and 2013. The major items include:

The AMT will ensnare over 31 million families, up from 4 million last year. According to the left-leaning Tax Policy Center, Congress’ failure to index the AMT will lead to an explosion of AMT taxpaying families—rising from 4 million last year to 31 million. These families will have to calculate their tax burdens twice, and pay taxes at the higher level. The AMT was created in 1969 to ensnare a handful of taxpayers.

Full business expensing will disappear. In 2011, businesses can expense half of their purchases of equipment. Starting on 2013 tax returns, all of it will have to be “depreciated” (slowly deducted over many years).

Taxes will be raised on all types of businesses. There are literally scores of tax hikes on business that will take place. The biggest is the loss of the “research and experimentation tax credit,” but there are many, many others. Combining high marginal tax rates with the loss of this tax relief will cost jobs.

Tax Benefits for Education and Teaching Reduced. The deduction for tuition and fees will not be available. Tax credits for education will be limited. Teachers will no longer be able to deduct classroom expenses. Coverdell Education Savings Accounts will be cut. Employer-provided educational assistance is curtailed. The student loan interest deduction will be disallowed for hundreds of thousands of families.

Charitable Contributions from IRAs no longer allowed. Under current law, a retired person with an IRA can contribute up to $100,000 per year directly to a charity from their IRA. This contribution also counts toward an annual “required minimum distribution.” This ability will no longer be there.



Source: Americans For Tax Reform
The Wonder (Taxation) Of Obamacare - 1450 WHTC Holland's Hometown Station

It's about time. According to the Governor, 47% pay no federal income taxes. Obama is doing what is right; what is fair I guess.

Yes, 47% of Households Owe No Taxes. Look Closer.
http://www.nytimes.com/2010/04/14/business/economy/14leonhardt.html?_r=0

So then, isn't raising their taxes a good thing?

 

[zeke]

This will be so cool. All the tax rates will go up on Jan.1. A week later, there will be a propasal to lower the tax rates on everyone but those making 250k and up.

And the rethugs will block it. And will be forced to admit that they only care about tax cuts for the very richest.

And in two years, the Dems will take control of the House, again.

 

[candycorn]

It's about time. According to the Governor, 47% pay no federal income taxes. Obama is doing what is right; what is fair I guess.

Yes, 47% of Households Owe No Taxes. Look Closer.
http://www.nytimes.com/2010/04/14/business/economy/14leonhardt.html?_r=0

So then, isn't raising their taxes a good thing?

Apparently so. The walrus said the time has come....the time has come.

 

[Lovebears65]

Obama has kept his promise. He fought like hell against the GOP trash that wanted to raise taxes on the middle class and won.

So that 2000 tax if you dont get Obamacare is not on he middle class when most are living pay check to paycheck as it is.. They wont be able to afford that 2000 either moron

Refusing to get healthcare and paying a fine has nothing to do with class, any person, poor to rich that doesn't get it pays the fine.

Also because of the ACA, those that currently have healthcare are getting a check back.

Not only has Obama not raised taxes on the middle class, he's got a check in the mail for them as well. Thanks Obama!

So our deficit will go even HIGHER then, Great!!! You guys are clueless If he gets elected again by 2016 our debt will be easily over 20 trillion and even if they do raise taxes on the rich they said it would only pay 8 days of the deficit that is a drop in a bucket

 

[bigrebnc1775]

It's about time. According to the Governor, 47% pay no federal income taxes. Obama is doing what is right; what is fair I guess.

Yes, 47% of Households Owe No Taxes. Look Closer.
http://www.nytimes.com/2010/04/14/business/economy/14leonhardt.html?_r=0

So then, isn't raising their taxes a good thing?

Yes those that get the earned income credit should no longer get them, I have seen people who paid no taxes get a refund.

 

[RDD_1210]

Yes, 47% of Households Owe No Taxes. Look Closer.
http://www.nytimes.com/2010/04/14/business/economy/14leonhardt.html?_r=0

So then, isn't raising their taxes a good thing?

Yes those that get the earned income credit should no longer get them, I have seen people who paid no taxes get a refund.

So Obama is doing the right thing in your opinion?

I just want to hear you spin this.