Obama's final nails in the American coffin Jan 1st 2013

[Remodeling Maidiac]

10% tax rate jumps to 15%

25% tax rate jumps to 28%

28% tax rate jumps to 31%

33% tax rate jumps to 36%

35% tax rate jumps to 39.6%

55 billion cut from domestic programs

55 billion cut from defense programs

Social Security payroll tax goes from 4.2% to 6.2%

Estate tax top rate jumps from 35% to 55%

Capital gains top rate jumps from 15% to 20%

Dividends will be taxed at regular income tax rates

Child tax credit is cut by 50% to 500.00

Marriage penalty tax returns

Alternative minimum tax hits many more

Extended UE benefits expire

Medicare payments to Dr's to be cut by 30%



All kick in at midnight December 31st. This is a disaster in the making. Some economists have speculated that this will kill growth by 1%. Since we're barely growing at 1% now this may very well stall the economy completely and send us spiraling back.

 

[occupied]

Obama's fault? I bet Boehner laughs every single time he hears someone blame his can kicking on the president.

 

[edthecynic]

10% tax rate jumps to 15%

25% tax rate jumps to 28%

28% tax rate jumps to 31%

33% tax rate jumps to 36%

35% tax rate jumps to 39.6%

55 billion cut from domestic programs

55 billion cut from defense programs

Social Security payroll tax goes from 4.2% to 6.2%

Estate tax top rate jumps from 35% to 55%

Capital gains top rate jumps from 15% to 20%

Dividends will be taxed at regular income tax rates

Child tax credit is cut by 50% to 500.00

Marriage penalty tax returns

Alternative minimum tax hits many more

Extended UE benefits expire

Medicare payments to Dr's to be cut by 30%



All kick in at midnight December 31st. This is a disaster in the making. Some economists have speculated that this will kill growth by 1%. Since we're barely growing at 1% now this may very well stall the economy completely and send us spiraling back.

Bullshit!

That is the GOP plan, Obama's plan is:

33% tax rate jumps to 36%

35% tax rate jumps to 39.6%

 

[Remodeling Maidiac]

No more lies about the middle class not getting taxed under Obama.

 

[Remodeling Maidiac]

10% tax rate jumps to 15%

25% tax rate jumps to 28%

28% tax rate jumps to 31%

33% tax rate jumps to 36%

35% tax rate jumps to 39.6%

55 billion cut from domestic programs

55 billion cut from defense programs

Social Security payroll tax goes from 4.2% to 6.2%

Estate tax top rate jumps from 35% to 55%

Capital gains top rate jumps from 15% to 20%

Dividends will be taxed at regular income tax rates

Child tax credit is cut by 50% to 500.00

Marriage penalty tax returns

Alternative minimum tax hits many more

Extended UE benefits expire

Medicare payments to Dr's to be cut by 30%



All kick in at midnight December 31st. This is a disaster in the making. Some economists have speculated that this will kill growth by 1%. Since we're barely growing at 1% now this may very well stall the economy completely and send us spiraling back.

Bullshit!

That is the GOP plan, Obama's plan is:

33% tax rate jumps to 36%

35% tax rate jumps to 39.6%

Nonsense, the GOP has passed extentions of the Bush tax cuts in the house. The ball gets dropped in the DEMOCRAT CONTROLLED SENATE

 

[Katzndogz]

Economists expect a 5% contraction in the economy once we go off the fiscal cliff. We have an economy that's contracting to begin with and is down to 1.3%. We can't absorb a 5% contraction.

 

[Remodeling Maidiac]

Obama's fault? I bet Boehner laughs every single time he hears someone blame his can kicking on the president.

He certainly is part of this situation as is Reid but this disaster is in part on the horizion because this country has no leadership. Nearly 4 years without a budget and no leadership has brought us to the edge.

 

[occupied]

All these situations were kicked down the road to make them election issues and it isn't even being talked about by either party, a sure sign that they are going to deal with it quietly in the lame duck session.

 

[Remodeling Maidiac]

All these situations were kicked down the road to make them election issues and it isn't even being talked about by either party, a sure sign that they are going to deal with it quietly in the lame duck session.

It does boggle the mind that these issues haven't been brought up in the debates.

 

[occupied]

Obama's fault? I bet Boehner laughs every single time he hears someone blame his can kicking on the president.

He certainly is part of this situation as is Reid but this disaster is in part on the horizion because this country has no leadership. Nearly 4 years without a budget and no leadership has brought us to the edge.

All of this is a direct result of the republicans debt ceiling stunt, they walked away from the table over tax hikes on the wealthy and here we are with a problem because they are so much in the bag for Norquist and the wealthy that they cannot even make a watered down compromise deal with democrats.

 

[decker]

to be fair neither side cover themselves in glory over debt celing crisis. Neither wanted to find a middle way and that sad overall.

 

[occupied]

to be fair neither side cover themselves in glory over debt celing crisis. Neither wanted to find a middle way and that sad overall.

The deal offered to republicans would have been pretty sweet for them except for the Bush tax cuts being allowed to expire for the rich, that one point and only that point was why they walked away and we are now faced with this mess.

 

[Remodeling Maidiac]

to be fair neither side cover themselves in glory over debt celing crisis. Neither wanted to find a middle way and that sad overall.

The deal offered to republicans would have been pretty sweet for them except for the Bush tax cuts being allowed to expire for the rich, that one point and only that point was why they walked away and we are now faced with this mess.

Just because YOU call it a bargin does not make it one.

Likewise we could blame the Dems for not budging on the issue. Bottom line, Obama didn't lead and blew 6 trillion

 

[CrusaderFrank]

Obama must talk to Vlad every night

 

[occupied]

to be fair neither side cover themselves in glory over debt celing crisis. Neither wanted to find a middle way and that sad overall.

The deal offered to republicans would have been pretty sweet for them except for the Bush tax cuts being allowed to expire for the rich, that one point and only that point was why they walked away and we are now faced with this mess.

Just because YOU call it a bargin does not make it one.

Likewise we could blame the Dems for not budging on the issue. Bottom line, Obama didn't lead and blew 6 trillion

They had the democrats at the table agreeing to actual entitlement cuts and walked, their economy as hostage plan was working, instead we got the supercommittee and these automatic cuts, ideological pig headedness caused this, not blocking by democrats or as you see it, refusal to completely knuckle under to political extortion.

 

[Amazed]

All these situations were kicked down the road to make them election issues and it isn't even being talked about by either party, a sure sign that they are going to deal with it quietly in the lame duck session.

It does boggle the mind that these issues haven't been brought up in the debates.

Ryan did a little bit when he talked about the military not being cut by them.

 

[Avorysuds]

Obama's fault? I bet Boehner laughs every single time he hears someone blame his can kicking on the president.

But this is what Obama has been talking about doing for 3 and a half years... More tax money to pay off the deficit.

 

[decker]

to be fair neither side cover themselves in glory over debt celing crisis. Neither wanted to find a middle way and that sad overall.

The deal offered to republicans would have been pretty sweet for them except for the Bush tax cuts being allowed to expire for the rich, that one point and only that point was why they walked away and we are now faced with this mess.

well that true and it shame they did. But liberals at same time would not helpful to obama when trying to deal with conservatives on debt celing. It a promblem on both sides.

 

[Avorysuds]

10% tax rate jumps to 15%

25% tax rate jumps to 28%

28% tax rate jumps to 31%

33% tax rate jumps to 36%

35% tax rate jumps to 39.6%

55 billion cut from domestic programs

55 billion cut from defense programs

Social Security payroll tax goes from 4.2% to 6.2%

Estate tax top rate jumps from 35% to 55%

Capital gains top rate jumps from 15% to 20%

Dividends will be taxed at regular income tax rates

Child tax credit is cut by 50% to 500.00

Marriage penalty tax returns

Alternative minimum tax hits many more

Extended UE benefits expire

Medicare payments to Dr's to be cut by 30%



All kick in at midnight December 31st. This is a disaster in the making. Some economists have speculated that this will kill growth by 1%. Since we're barely growing at 1% now this may very well stall the economy completely and send us spiraling back.

Bullshit!

That is the GOP plan, Obama's plan is:

33% tax rate jumps to 36%

35% tax rate jumps to 39.6%

Wrong, Obama wants to raise taxes to pay off the deficit, you can't do that by only taxing 1 group and lowering taxes on everyone else while spending more and more and more and more.

Obama can't say getting the budget under control is his goal then spend more and not tax the vast majority of Americans.

 

[decker]

10% tax rate jumps to 15%

25% tax rate jumps to 28%

28% tax rate jumps to 31%

33% tax rate jumps to 36%

35% tax rate jumps to 39.6%

55 billion cut from domestic programs

55 billion cut from defense programs

Social Security payroll tax goes from 4.2% to 6.2%

Estate tax top rate jumps from 35% to 55%

Capital gains top rate jumps from 15% to 20%

Dividends will be taxed at regular income tax rates

Child tax credit is cut by 50% to 500.00

Marriage penalty tax returns

Alternative minimum tax hits many more

Extended UE benefits expire

Medicare payments to Dr's to be cut by 30%



All kick in at midnight December 31st. This is a disaster in the making. Some economists have speculated that this will kill growth by 1%. Since we're barely growing at 1% now this may very well stall the economy completely and send us spiraling back.

Bullshit!

That is the GOP plan, Obama's plan is:

33% tax rate jumps to 36%

35% tax rate jumps to 39.6%

Wrong, Obama wants to raise taxes to pay off the deficit, you can't do that by only taxing 1 group and lowering taxes on everyone else while spending more and more and more and more.

Obama can't say getting the budget under control is his goal then spend more and not tax the vast majority of Americans.

well if obama loses i guess you won,t have to worry about that