So I did the math ‘tween my last paycheck and today’s, now that the IRS has adjusted taxable witholdings for all to wonder in amazement at our Dear Leader’s promise of a tax break for 95% of working Americans. Mine comes out to 54 cents more per pay period or 3.4 cents/day.
• Married taxpayers will see the marriage penalty return.
• Federal death taxes will come back to life, even though they were supposed to be eliminated in 2010.
• Those making over $250,000 a year will see their tax rate increase from 35% to almost 40%.
Other worrisome taxes are being proposed too. Obama’s plan to reduce charitable deductions will take away incentives to give to private charities, leaving the federal government with more money, and more responsibility to take on the tasks private charities usually handle. A proposed $646 billion energy tax will harm industries that use a lot of energy (like manufacturing), not to mention cost each American household between $650 and $2,000 a year in new energy costs. And Obama’s new “Make Work Pay” refundable tax credit provides up to $400 in cash to low income adults who pay no income taxes, including able-bodied adults without dependent children.
So I ask you, what is your Taxed Enough Already story?
Share on Facebook 1 1 SHARES It has long been the conventional wisdom that Republicans and conservatives just don’t “get it” with respect to popular culture. It was actually a relatively fair critique as Republicans often railed about popular culture and attempting (incorrectly) to blame it on the downfall of society. It paid, electorally, to shun and mock mainstream pop culture rather than engage and | Read More »
Share on Facebook 1 1 SHARES You know what I have really gotten sick of? The ridiculous petty bickering between Cruz and Rubio as the two of them jockey to be the last guy standing to take on Trump. They are both operating from the unproven (and likely erroneous) assumption that they can duke it out forever without taking on Trump in the process, and | Read More »
Share on Facebook 1 1 SHARES In a matter of hours, Donald Trump, Ted Cruz, Marco Rubio, Jeb Bush, Ben Carson, and John Kasich will take the stage one week ahead of the South Carolina primary. There are several different storylines going into tonight, and each of them will hit their climax during the debate. 1. This Debate Is Donald Trump’s To Lose Yes, both | Read More »
Share on Facebook 1 1 SHARES Or should I say “Hilariously Ridiculous? You be the judge. I missed this earlier, but lucky for me The Right Scoop didn’t. This is absolutely hilarious. Andrea Mitchell was on MSNBC’s Morning Joe this morning and her reaction to the Cruz “Office Space” campaign ad is … well it’s priceless. I’ll be honest with you, I love his clip. | Read More »
Share on Facebook 1 1 SHARES Donald Trump has a problem with God. Or more specifically, he has a ‘God problem.’ At least when it comes to voters in South Carolina, for whom Christian faith is often a requirement in a public official. This is simply the reality of the state, not a judgment on religion. But Donald Trump is not credible when it comes | Read More »