How anyone truly believes taxes will be lower under Obama is beyond me. The first thing he will do is repeal the Bush tax cuts. Those only helped the rich?
Well, if you’re not rich you likely work for someone who is, and if that person has to pay higher taxes, kiss that raise good bye. “Spread the wealth”
Came across this info somewhere else and thought it a fitting preview of the liberal takeover:
PART 1: Remember the election in 2006?
A little over one year ago:
1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon;
3) The unemployment rate was 4.5%.
Since voting in a Democratically controlled Congress in 2006 we have seen:
1) Consumer confidence plummet;
2) The cost of regular gasoline soar to over $3.50 a gallon;
3) Unemployment is up to 5% (a 10% increase);
4) American households have seen $2.3 trillion in equity value evaporate (stock and mutual fund losses);
5) Americans have seen their home equity drop by $1.2 trillion;
6) 1% of American homes are in foreclosure.
America voted for “change” in 2006, and we got it! Remember, it’s Congress that makes the law not the President. He has to work with what’s handed him.
Quote of the Day:
“My friends, we live in the greatest nation in the history of the world. I hope you’ll join with me as we try to change it.” — Barack Obama
PART 2: TAXES
Whether Democrat or a Republican you will find these statistics enlightening and amazing.
Taxes under Clinton 1999……………Taxes under Bush 2008
Single making 30K – tax $8,400………. Single making 30K – tax $4,500
Single making 50K – tax $14,000………Single making 50K – tax $12,500
Single making 75K – tax $23,250………Single making 75K – tax $18,750
Married making 60K – tax $16,800…….Married making 60K- tax $9,000
Married making 75K – tax $21,000…….Married making 75K – tax $18,750
Married making 125K – tax $38,750…..Married making 125K – tax $31,250
Barack Hussein Obama (don’t you just love his middle name) will return to the higher tax rates.
It is amazing how many people who fall into the categories above think Bush is screwing them and Bill Clinton was the greatest President ever. If Barack Hussein Obama is elected, he will repeal the Bush tax cuts and a good portion of the people who fall into the categories above can’t wait for it to happen. This is like the movie The Sting with Paul Newman; you scam somebody out of some money and they don’t even know what happened.
PART 3: Illegal Immigration
You think the war in Iraq is costing us too much? Read this…(it goes on to say how illegal immigration costs the US over $300 billion/year.)