Friday, December 17, 2010

Liberals the Latest Threat

Tax-cut deal wins final OK

My morning headline said "Insurgent Democrats slow tax bill in House"  

Related: Insurgents vs. Incumbents

So ho does it feel to be smeared with the same label as the Tea Party, liberals? 

If you are not with the elitist agenda you are no friend of the Boston Globe.  

The House passed an $858 billion package of extended tax cuts and stimulus spending late last night, saving at least hundreds of dollars for nearly all Americans and heralding the first broad bipartisan compromise of the Obama presidency....  

The Democrats could have passed this deal years ago. 

WTF?

 Democrats also complained about the deal’s temporary 2-percentage-point cut in the payroll tax, which would pump more than $100 billion into the economy but leave a hole in Social Security to be backfilled with borrowed money....  

Yeah, when it is a TAX CUT for the AVERAGE GUY like me it's a NO GO!! 

Btw, the GOVERNMENT has ALREADY LOOTED SOCIAL SECURITY to claim budget surpluses during Clinton and to minimize the deficit under Bushbama.  

The LAST THING this government needs to do is BORROW MORE MONEY!

Representative Louise Slaughter, a Democrat from New York, said she opposed extending tax cuts for the wealthy, but “that is the price we have to pay for helping the middle class.’’  

Yes, we must be extorted by the wealthy elite to get our crumbs.

The truth is I am for any reduction of taxes and for the bill however flawed. 

Oh, yeah, look who is FACING an INCREASE:

"13.4 million may get unexpected tax bills" by Stephen Ohlemacher, Associated Press / December 17, 2010

WASHINGTON — About 13.4 million taxpayers may be getting unexpected tax bills because they were awarded too much money under President Obama’s Making Work Pay tax credit, a government audit said yesterday.  

What, they get BILLIONS like the BANKS!!??

The tax credit, which expires Jan. 1, was designed to increase take-home pay by about $8 a week through new tax withholding tables.  

Just enough for a six-pack!

The credit was capped at $400 for individuals and $800 for married couples filing jointly. 

However, the credit put millions of taxpayers at risk for not having enough taxes withheld from their paychecks, resulting in a tax bill when they file their returns, said the audit by J. Russell George, the Treasury Department’s inspector general for tax administration. 

As the RICH get a BREAK!

Those at risk included people with multiple jobs, married couples who both work, Social Security recipients who also work, and young workers who are also claimed as dependents on their parents’ tax returns.

“The Making Work Pay credit is a key tax credit designed to increase spending and stimulate the economy,’’ George said. “However, many taxpayers who are accustomed to receiving refunds when they file their tax returns may have owed taxes and incurred penalties in 2009, and may yet again in 2010, because they were advanced more of the credit than they were entitled to claim.’’  

Maybe THIS will be the thing that FINALLY GETS Americans INTO the STREETS in PROTEST!

***********

The credit was Obama’s signature tax break in the massive economic recovery package passed in 2009.    

You know, the one that failed.

He's not going to win reelection.

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I'm just wondering why liberals are so impotent.  

Democrats had a massive majority control for two years and didn't do a damn thing for the American people.