‘barack obama’ Tagged Posts

Bush tax cut expiration?

How many of you realize just how much more in taxes you will have to pay if bush's tax cuts expire,and no not the wealthy,the working middle class.Bar...

 

How many of you realize just how much more in taxes you will have to pay if bush’s tax cuts expire,and no not the wealthy,the working middle class.Barack Obama will make a bad economy even worse if hes elected and lets these tax cuts expire

Just take a look here:

The Child Tax Credit will decrease from ,000 to 0 a child

Income tax rates would rise around 3%-4.5%

AMT-Exemptions will decrease ,500 per filer

Business tax expenses- Maximum deduction amount will decrease ,000,from 0,000 to ,000

Capital Gains- Rates will rise 10%-20%

Income tax burden-will raise about 5% for many workers

Marriage penalty created

Dividends-rates to increase from 15% to 40%

50% average increased tax rates on lower income houses

8.1 million jobs have been created

Average of ,500 more in taxes to average middle class American

Yeah and this will help the economy how??????Stupid liberals
eltoro answer me this you stupid moron,how is a paying more taxes going to influence Americans to spend more money,its only going to make them conserve even more and even increase the rate of foreclosures.A 3rd grader can tell you that this doesn’t make sense!Stop reading Michael Moore’s blogs.

(Disclaimer: Some posts are user derived / user submitted / views found around the web. So some views expressed on this website do not necessarily reflect the views of the owners of BusinessTaxDeductions.net Copyright 2010,2011)