Trump The Mad King
Senior Member
- Feb 18, 2018
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- #361
Ray is someone who'd rather be sick than admit the black guy did something to make his life better.
So what did the black guy do to make my life better?
He passed the largest middle class tax cut in history in 2009. Poor little Repug goober. Doesn't know when he's out of his league.
And you still haven't answered my questions. Because you can't. Because you are a dishonest hypocritical Repug troll who is full of shit.
He passed the largest middle class tax cut in history in 2009.
Wow!!!
Tell me more.
A real example of a middle-class tax cut
It’s easy for many to forget, but when President Obama and congressional Democrats approved the Recovery Act – better known at the time as the Dems’ “stimulus” package – they didn’t just rescue the economy from the Great Recession. In the process, they also passed one of the largest middle-class tax cuts in recent memory.
I thought it was the largest. Maybe I'm wrong about that. Unlike Repugs, I can admit when I'm wrong.
one of the largest middle-class tax cuts in recent memory.
In recent memory? LOL!
- Cut taxes by $400 for individuals and $800 for families through reduction of withholding. That confused many people who expected checks like the Bush Tax Cuts.
- A payment of an additional $250 each to recipients of Social Security, veterans pension and Supplemental Security Income (SSI) benefits.
- $70 billion to extend the Alternative Minimum Tax shelter. Congress extends it each year.
- Greater access to the child tax credit for the working poor and an expanded earned-income tax credit to families with three children.
- A $2,500 college tuition tax credit for 2009 and 2010.
- An $8,000 tax credit for first-time homebuyers in 2009 only. (It was later extended through April 2010.)
- A deduction of sales tax on new car purchases through 2009 only.
A couple of temporary cuts or one time payments.
- Unemployment benefits were extended for another 33 weeks.
- A suspension of taxes on the first $2,400 of unemployment benefits through 2009.
Count on Obama to even screw up tax cuts.
Yeah, Obama only saved the economy from total collapse after your hero Bush fucked it up. That's all Obama did.