You people who support Barack Obama--will go down as the biggest smoke screen "vote for me" TAX CUT lie in the history of this nation. Lets talk a little common sense.
THE PROMISES OF BARACK OBAMA
1. There really aren't that many people that make over 250K per year. According to Obama it's only 5% of the population. Obama states that 95% of us are going to get a tax break. How does he accomplish this when only 60% of the American population actually pays income tax, the other 40%do not. Obama is going to take money from the actual tax-payers of this country & re-distribute ("spread the wealth around") to people who pay no tax.
2. Obama promises national health care, & 1 TRILLION in new spending proposals covering A to Z. Ask yourself--how does 5% of the population, whose tax bracket will only be raised by 3% (from current 36% to 39%) pay for this, & give 95% of the rest of us a tax cut at the same time?
Now, as everyone knows we just bailed out Freddie/Fannie to the tune of 700BILLION dollars. We have also bailed out others for 400 BILLION dollars. The 1st stimulas package did not work. Now they are proposing another 300 billion in a stimulas package. This won't work either.
COMMON SENSE--It's a lie. We are all going to get hammered in tax HIKES.