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12. "Add to that Obama’s less well-publicized proposal to offset his new taxes with more subsidies for non-taxpayers.
... the White House proposal would then have made permanent the American Opportunity Tax Credit, which provides up to $2,500 per year for families with incomes up to $180,000. It would extend that credit, which is refundable (distributed as a government check) for some families who don’t owe federal income taxes, to new categories of students such as those attending classes part time.
Let’s unpack that terminology: a “refundable” “tax credit.” You know what the right word is to describe a check from the government that pays you back for taxes you never paid in the first place? The right term is “welfare,” or better yet, “handout.”
That shows you president Obama’s priorities.
If you work and save to provide for yourself and your children—then he wants to raid your savings with a special new tax. But he’ll “offset” that by increasing handouts for people who don’t work, don’t save—and don’t pay taxes."
Anti-Middle-Class Economics What Obama s 529 Grab Revealed
Do any of the suckers who voted for the windbag realize that taxes are the bar to becoming wealthy?
That's right: taxes don't hurt those who already have wealth.....it isn't federally taxes.
Not homes, cars, diamonds, cans of tuna....whatever.
The Leftist government takes only.....ONLY....from what one earns.
And that defines the middle class.
Keep voting Democrat, fools.
... the White House proposal would then have made permanent the American Opportunity Tax Credit, which provides up to $2,500 per year for families with incomes up to $180,000. It would extend that credit, which is refundable (distributed as a government check) for some families who don’t owe federal income taxes, to new categories of students such as those attending classes part time.
Let’s unpack that terminology: a “refundable” “tax credit.” You know what the right word is to describe a check from the government that pays you back for taxes you never paid in the first place? The right term is “welfare,” or better yet, “handout.”
That shows you president Obama’s priorities.
If you work and save to provide for yourself and your children—then he wants to raid your savings with a special new tax. But he’ll “offset” that by increasing handouts for people who don’t work, don’t save—and don’t pay taxes."
Anti-Middle-Class Economics What Obama s 529 Grab Revealed
Do any of the suckers who voted for the windbag realize that taxes are the bar to becoming wealthy?
That's right: taxes don't hurt those who already have wealth.....it isn't federally taxes.
Not homes, cars, diamonds, cans of tuna....whatever.
The Leftist government takes only.....ONLY....from what one earns.
And that defines the middle class.
Keep voting Democrat, fools.
