about 77 percent of households will pay a larger share of income to the federal government this year, according to the center’s analysis.
The tax this year will increase by two percentage points, to 6.2 percent from 4.2 percent, on all earned income up to $113,700.
Bigger Tax Bite for Most Households Under Senate Plan – NYTimes.com
Here is Obama lying about it.
[youtube=http://www.youtube.com/watch?v=6HE-rGGKksQ]
Obama lies about everything, but you can trust his para-military with 7,000 automatic rifles and 1.6 billion rounds of ammunition.
Being on SS and a pension, I was shocked to see the increase in with holdings this year.
I’m 30 and work full time… engineering style job… I saw my bi-weekly paycheck go down by $80. God damned fools in Congress and bastard in the white house have cost me $160 a month (so far) for no God damned reason. None. I gain nothing from the additional taxes… not even hope that the debt (of which my part is -what?- some $400,000 of it?) because all that the president and his worthless Democrats is spend-spend-SPEND! Give it to the worthless. Give it to the unions. Give it to the corporations. Give it the green industry. Flush it down the toilet. But God forgive he allow me spend the money I have earned how I see fit! Oh no! The government knows best?! I am sick of it, Steve. Sick of it.
Obama needs Obamaphones to buy votes. You should be proud to pay for them.
And its getting worse, Mr. Goddard. But even the Obamaphone lady saw that and has turned on the president… so maybe there is still some hope… although I am having trouble seeing any anymore. I wonder if this was how the german people felt when the National Socialist Party was coming to power?
The failure of the press to do their job is likely to be catastrophic for the US. The only hope is blogs on the Internet, until he shuts them down too.
There is an attempt in Australia from the current (very unpopular) progressive government to try to subject (practically) all blogs to an “independent” government authority.
Oh, I forgot to mention that the primary excuse for this regulation was that some Hollywood stars and other media personalities were treated unfairly by the media in the UK. I’m being serious…
Steve has a very good point. It is not that anyone “loves” Obama now so much that the MSM has made them believe “it may be bad, but THAT GUY is so much worse”.
And the low information voters believe them.
This is very interesting. Remember the days of read my lips and how presidents were held accountable by their electorates?
From just the Solyndra giveaway alone, Obama could have given every man, woman and child in this country over a million dollars …. and the recession would be over.
“Lying sack of sh*t” is probably the most generous assessment one can give of the Obama administration.
He is a totally political animal, and telling truth is the last thing he will ever do. He scores political points by demonizing straw men and political opponents.
The sycophantic media will continue to adore him and cover his abundant failures and falsehoods.
The future of the nation will hinge on all of us rationalists opposing every BS crap-o-la policy and pronouncement of this thoroughly corrupt government.
I remain nonplussed that 51% of the voters turned away from a thoroughly pro-American, growth and commerce-oriented candidate who happened to be a man of morals, integrity, and conviction[Romney] for four more years of deception, lies, and socialist redistribution of wealth [BHO]. the extent of voter fraud will never be revealed.
Your future is bleak. Your economy is already ruined. Most, but certainly not all, of that ruining happened rather recently. It’s going to take a generation to get out of this mess. Think 70’s stagflation, just much much worse.
The 2% Social Security tax ‘holiday’ was a stupid idea to begin with. Social Security is grossly underfunded, and the Treasury has raided the entire fund and there is nothing left but IOUs.