It was BUSH era legislation that gave the middle class a break, the only way he could get it through a DEMOCRATIC majority was if it was "limited" in years of effect. Good golly, please EDUCATE yourself, as this mentality is what has allowed this "bipartisian, but mostly democratic congress" to set us ALL, yes some of you too, up for the biggest "scam" and money and home and bank and land grab in history perpetrated by the GREED and imbalance of power tripping pork feeding Washingtontonian "elite".
We are approaching "civil war" era politics, and I contend ALL of the American (make that legal citizens) will pay the price for this new social engineering from the majority of washington. The two parties are mostly the same agenda, with few exceptions........fill their pockets with our money. Then take more. We ALL need to wake up and stop "red herring" blaming each other............while we do that, as we speak, America is being stolen, funded with stolen money, sold to the highes...(Read more of this comment)t bidder. It WI
LL eventually effect all hardworking people. It is so evident, yet we continue to be "conned".
I for one, am tired of the takeover.(Show less of this comment)
Apparrently you do not even read or watch the news, in this country being an "A" lister or Washington insider.......and NOT paying your taxes allows you to "run for office". At least 4 to 5 major nominees for King O's office, had HUGE tax bills (well not so huge considering their Pork gains) they "forgot" to pay, How more upside down can it be?
This is not the America our forefathers or my husband fought, and some died for.
How can you be so dumb, to STILL think it is the upper 5 or ten percent, those don't even bother to pay, because they KNow THEY ARE PROTECTED,BY THEIR "BUDDIES" IN THE WHITE HOUSE.
This is a national scandal, so much for "leadership" they certainly aren't even following the "law" but can shamelessly run for office and STEAL the money of the working class, elderly and the future children of this country, and NOT pay their "fair share", but tell the "victims" to cough up.
Total ignorance on the part of the "masses" to be lul...(Read more of this comment)led into this mind set, the true criminal rich, like madoff and others will NEVER pay.
First, any deregulation could not occur without Congressional bills, and votes, many who where Demacratic majorities, or at the least bipartisian "screw" jobs on the American public.
How ignorant to only lay blame with the president who is really mostly a "salesman" to what Congress does. Presidents have "limited" power without Congress. Running for pres. cost MONEY, and they get it from the lobbist who also, for the most part, get it from US, by rip off "legislation". Wake up
Second, are we in Nazi Germany, where you point the finger at your fellow man to save your own hide,make that money?
Third, how DARE you say, "They can afford it".
You have NO idea just who is being hurt by this nonsense and doing away with all the deductions.
It is not the "rich" they got bailouts, and pork.
It is the middle class working, and the elderly rretired, who have worked a life time to "save" for their old age needs, and enjoyment. Now WE have to...(Read more of this comment) foot the bill for all this "screwing" by a mostly democratic Congress and other bi partisian social engineers who have laid the bill at our feet, for all the immigration and social programs that resulted, not to mention other wasteful "hippie" era idealism.
I know, my tax bill is enormous, and we are working class for the majority of our lives, unlike so many that are going to benefit with OUR hard earned dollars,unless of course you count a city cop, and part time solider rich. We raised four daughters, only one of whom got to college, and she WORKED her way through. We still have one child, and I am 54, hubby 63, yep we have been designated rich, ha ha and therefore deserve to be penalized.
No wonder King O got the vote, the propaganda worked on the "sheep" like mentality.
Just wait, if I can be called rich, you are next.
Pretend you have NO INTEGRITY, NO ETHICS, NO CONSCIENCE and NO BRAINS and are a loony-left liberal d-crat (i.e., a TAX CHEAT) and then you, too, can "geithner" your taxes and won't have to pay a penny for any of the d-crat waste of taxpayer money.
I hardly believe that it will be that bad. After almost 28 years of deregulation, starting with Reagan, the US is now paying the price. What took that long to exacerbate the problem could take a long time to fix not withstanding the cost. Tax cuts for the wealthy, which Reagan tried and both Bush's also tried, do not work. They never will. Thsy only result in huge deficits. The Clinton tax plan did result in a surplus. I rest my case.
Posted 12:05 PM EST April 02, 2009
Posted by: DHK99
Wait until the impact of all the dollars being poured into the system hits. Then you'll have to be making more than $250K just to put food on the table.
What this article failed to do was to specify the very small percentage of the total population who will be impacted by these budgets. The casual reader may not pick up on this believing that they will be impacted. To the best of my knowledge these tax changes will effect less than 1% of the population. These are the people who can most afford a tax hike.
We are approaching "civil war" era politics, and I contend ALL of the American (make that legal citizens) will pay the price for this new social engineering from the majority of washington. The two parties are mostly the same agenda, with few exceptions........fill their pockets with our money. Then take more. We ALL need to wake up and stop "red herring" blaming each other............while we do that, as we speak, America is being stolen, funded with stolen money, sold to the highes...(Read more of this comment)