13 Tax Increases Just Went Into Effect – Obama: “I Won’t Raise Taxes on Middle Class America”
If I had $100 for every time I heard Barack Obama promise us that he would not raise taxes on middle class Americans, I could afford to take my family on a Hawaiian vacation.
Between the fiscal cliff resolution which wasn’t a resolution after all, and Obamacare, there are 13 new tax increases that will directly or indirectly impact everyone in America, including the middle and poverty class people.
Taxes with a direct impact on the middle and poverty class:
1. Right off the bat, the fiscal cliff agreement that would only raise taxes on the wealthy, just raised EVERYONE’S payroll Social Security tax by 2%. The old rate was 4.2%, but that was raised for everyone across the board to 6.2%. A family making a combined gross of $50,000 will pay an additional $1,000 in Social Security taxes. Right there Obama broke his promise and proved to the entire nation that he is a blatant liar and that his word can never be trusted. Not exactly a trait you want in your national bleeder, I mean leader. Continue Reading at GodFather Politics