Obama Screws Middle Class Again

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

  1. LogikAndReazon
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    LogikAndReazon Gold Member

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    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
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    boedicca Uppity Water Nymph Supporting Member

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    This should be a surprise to nobody, with the possible exception of TMN.
     
  3. TNHarley
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    TNHarley Diamond Member

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    Got my first check of the year yesterday. It went down.
     
  4. BreezeWood
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    BreezeWood VIP Member Supporting Member

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    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
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    LogikAndReazon Gold Member

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    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
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    Katzndogz Diamond Member

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    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
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    OohPooPahDoo Gold Member

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    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
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    WillowTree Diamond Member

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    they deserve it, they voted for his ass. swallow the medicine and stop whining.
     
  9. WillowTree
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    WillowTree Diamond Member

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    It's going to be fun. relax and enjoy.
     
  10. mudwhistle
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    mudwhistle Diamond Member

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    Tax cuts are sinister?

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

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