I actually don't mind if the payroll tax cut goes away -- huge amounts are going to relatively wealthy people. We shouldn't be defunding social security, the system is already in trouble.

It is kind of fun to hear Obama use Republican tactics on behalf of the 99%.

I prefer to make ends meat.

Why should we give a sh1t, Kenyan? You've ALREADY jacked taxes to the tune of 21 billion a year.


http://www.politifact.com/truth-o-meter/statements/2011/feb/07/barack-obama/president-barack-obama-says-he-didnt-raise-taxes/


The idea that Obama did not raise taxes is just plain wrong. He signed legislation raising taxes on cigarettes and other tobacco products soon after taking office...the law went into effect in 2009. He also signed the health care law, which includes taxes on indoor tanning that went into effect last year (2010).

The new health care law also includes a tax on people who decide not to have health insurance, as an incentive for them to get coverage. The tax phases in gradually, starting in 2014. By 2016, the tax would be $695 per uninsured person up to a maximum of three times that amount, or $2,085.

More significantly, the health care law includes new taxes on the wealthy, starting in 2013. Individuals who make more than $200,000 and couples that make more than $250,000 will see additional Medicare taxes of 0.9 percent. They will also, for the first time, have to pay Medicare taxes on their investment income at a 3.8 percent rate. (Current law is that all workers and employers split a 2.9 percent Medicare tax; the self-employed pay all of it.)

The small percentages may not sound like a lot, but those taxes are expected to generate $210 billion over 10 years, or just over half of all the new revenues the health care law authorizes. Other provisions include new fees on health insurance companies and prescription drug manufacturers, and a new tax on high-cost "Cadillac" health insurance plans.


Moochelle couldn't wait another week to leave for another "family" vacation, so please apologize to the 2500 'working class' bastards who had to shell out $40 each for that.

Heheh. He said caucus. Heh. "Caucus Maximus". Eerheheheh.

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