Monday, July 05, 2010
Taxin' Barry Obama
Anyone who's actually paying attention to what's going on in the U.S.A., economically speaking, knows this:
In case you weren’t aware, the Bush tax cuts of 2001 and 2003 are set to expire at the end of 2010. Thus, if Congress doesn’t act, the relatively low income tax rates that we’ve been enjoying (hah! enjoying?) will soon be a thing of the past. They will be replaced by the pre-2001 tax brackets.
In other words, the 10%, 15%, 25%, 28%, 33% and 35% tax brackets that we’ve grown accustomed to will be replaced by 15%, 28%, 31%, 36%, and 39.6% brackets.
So much for for all that Obama '08 claptrap 'bout how nobody earning less than $250,000 -- or was it 200,000? -- wouldn't never see his or her taxes go up by one penny ... or was it one nickel?!
....
Not to be outdone with just allowing the 2001/2003 Bush tax cuts to expire, President Barry Obama recently hinted at what everyone has coming when he said ...
[N]ext year when I start presenting some very difficult choices to the country, I hope some of these folks who are hollering about deficits and debt step-up because I'm calling their bluff. We'll see how much of that, how much of the political arguments that they're making right now are real and how much of it was just politics.
Who among us actually thinks that the "very difficult choices" Obama has in mind is common sense **** that'll actually but a dent in the budget deficit ... like eliminating unnecessary federal bureaucracies (see: Education, Department of)?
If'n you actually believe such -- you liberal idiot, you -- lemme know when you want to come over and see my unicorn farm.
....
Prediction:
Barry's gonna propose a big-ass across-the-board tax increase sometime next year, after the Democrats get their collective asses handed to 'em in the next election. He'll smooth-talk 'bout how nobody with no sense couldn't support his profligate tax/tax/tax--spend/spend/spend ways.
.... and then he'll have happen to him what happened to George H.W. Bush back in '92.
(When I say "happen" I mean he'll be ultimately defeated at the polls, not challenged by Pat Buchanan.)
Who wants to bet?!
NighSeenCreeder@aol.com
In case you weren’t aware, the Bush tax cuts of 2001 and 2003 are set to expire at the end of 2010. Thus, if Congress doesn’t act, the relatively low income tax rates that we’ve been enjoying (hah! enjoying?) will soon be a thing of the past. They will be replaced by the pre-2001 tax brackets.
In other words, the 10%, 15%, 25%, 28%, 33% and 35% tax brackets that we’ve grown accustomed to will be replaced by 15%, 28%, 31%, 36%, and 39.6% brackets.
So much for for all that Obama '08 claptrap 'bout how nobody earning less than $250,000 -- or was it 200,000? -- wouldn't never see his or her taxes go up by one penny ... or was it one nickel?!
....
Not to be outdone with just allowing the 2001/2003 Bush tax cuts to expire, President Barry Obama recently hinted at what everyone has coming when he said ...
[N]ext year when I start presenting some very difficult choices to the country, I hope some of these folks who are hollering about deficits and debt step-up because I'm calling their bluff. We'll see how much of that, how much of the political arguments that they're making right now are real and how much of it was just politics.
Who among us actually thinks that the "very difficult choices" Obama has in mind is common sense **** that'll actually but a dent in the budget deficit ... like eliminating unnecessary federal bureaucracies (see: Education, Department of)?
If'n you actually believe such -- you liberal idiot, you -- lemme know when you want to come over and see my unicorn farm.
....
Prediction:
Barry's gonna propose a big-ass across-the-board tax increase sometime next year, after the Democrats get their collective asses handed to 'em in the next election. He'll smooth-talk 'bout how nobody with no sense couldn't support his profligate tax/tax/tax--spend/spend/spend ways.
.... and then he'll have happen to him what happened to George H.W. Bush back in '92.
(When I say "happen" I mean he'll be ultimately defeated at the polls, not challenged by Pat Buchanan.)
Who wants to bet?!
NighSeenCreeder@aol.com
# posted by Joltin' Django @ Monday, July 05, 2010 
