Obama Screws Middle Class Again

Discussion in 'Politics' started by LogikAndReazon, Jan 4, 2013.

  1. LogikAndReazon
    Online

    LogikAndReazon Gold Member

    Joined:
    Feb 21, 2012
    Messages:
    5,195
    Thanks Received:
    654
    Trophy Points:
    190
    Ratings:
    +1,511
    Middle-class workers will take a bigger hit to their income proportionately than those earning between $200,000 and $500,000 under the new fiscal cliff deal, according to the nonpartisan Tax Policy Center.
    Earners in the latter group will pay an average 1.3 percent more - or an additional $2,711 - in taxes this year, while workers making between $30,000 and $200,000 will see their paychecks shrink by as much as 1.7 percent - or up to $1,784 - the D.C.-based think tank reported.
    Overall, nearly 80 percent of households will pay more money to the federal government as a result of the fiscal cliff deal.


    Read more: Middle-earners hit hardest as it's revealed workers making $30,000 will take a bigger hit than those earning $500,000 in the new fiscal deal | Mail Online
    Follow us: @MailOnline on Twitter | DailyMail on Facebook
     
  2. boedicca
    Offline

    boedicca Uppity Water Nymph Supporting Member

    Joined:
    Feb 12, 2007
    Messages:
    43,825
    Thanks Received:
    13,350
    Trophy Points:
    2,250
    Location:
    The Land of Funk
    Ratings:
    +26,081
    This should be a surprise to nobody, with the possible exception of TMN.
     
  3. TNHarley
    Offline

    TNHarley Platinum Member

    Joined:
    Sep 27, 2012
    Messages:
    36,523
    Thanks Received:
    5,661
    Trophy Points:
    1,130
    Ratings:
    +33,559
    Got my first check of the year yesterday. It went down.
     
  4. BreezeWood
    Online

    BreezeWood VIP Member Supporting Member

    Joined:
    Oct 26, 2011
    Messages:
    5,694
    Thanks Received:
    322
    Trophy Points:
    85
    Ratings:
    +573
    the Obama Administration was responsible for the tax cut to begin with as a victory against Republican opposition -

    the public hopefully is beginning to see the sinister aspect of Tea Party Republicans who gleefully allowed that tax to be increased but jockeyed the 250K tax to be raised to 450K when they tried to insist on 1M.
     
  5. LogikAndReazon
    Online

    LogikAndReazon Gold Member

    Joined:
    Feb 21, 2012
    Messages:
    5,195
    Thanks Received:
    654
    Trophy Points:
    190
    Ratings:
    +1,511
    Depreciation of the dollar, increased debt service per family, commiecare taxes, higher food prices, increased energy costs, 8% unemployment.......

    At least the middle class has hope and change to look forward too...............lol
     
  6. Katzndogz
    Offline

    Katzndogz Diamond Member

    Joined:
    Sep 27, 2011
    Messages:
    65,658
    Thanks Received:
    7,424
    Trophy Points:
    1,830
    Ratings:
    +8,356
    obama will just issue a press release that this is improvement and it will bring a sigh of relief. Liberals will say even though you had a reduction in your paycheck, the rich have a bigger reduction and are being punished more than you are so you should be willing to sacrifice a little so the rich can be punished a lot.
     
  7. OohPooPahDoo
    Offline

    OohPooPahDoo Gold Member

    Joined:
    May 11, 2011
    Messages:
    15,347
    Thanks Received:
    979
    Trophy Points:
    175
    Location:
    N'Awlins Mid-City
    Ratings:
    +1,327


    They payroll tax cut expired you fucking idiots. Funny I didn't hear a single one of you hypocrites thanking Obama for the tax cut when the payroll tax cut was passed.
     
    Last edited: Jan 4, 2013
  8. WillowTree
    Online

    WillowTree Diamond Member

    Joined:
    Sep 15, 2008
    Messages:
    70,470
    Thanks Received:
    10,664
    Trophy Points:
    2,030
    Ratings:
    +17,457
    they deserve it, they voted for his ass. swallow the medicine and stop whining.
     
  9. WillowTree
    Online

    WillowTree Diamond Member

    Joined:
    Sep 15, 2008
    Messages:
    70,470
    Thanks Received:
    10,664
    Trophy Points:
    2,030
    Ratings:
    +17,457
    It's going to be fun. relax and enjoy.
     
  10. mudwhistle
    Offline

    mudwhistle Diamond Member

    Joined:
    Jul 21, 2009
    Messages:
    69,808
    Thanks Received:
    12,606
    Trophy Points:
    2,220
    Location:
    Wetwang With Fimber, Yorkshire
    Ratings:
    +30,958
    Tax cuts are sinister?

    Bet you think spending cuts are evil and anyone calling for them is a terrorist.
     

Share This Page