24 July 2010

We're All Honkies Now: Monstrous Obama Tax Hikes Soon to Bleed this Country White

If you think the economy's tanking now...
Just wait until this hits the fan on December 31st -less than 6 mos from now: huge tax increases that will not only crush our frail economy, but go-against hours of hopenchangey hogwash and unambiguous prior Obama pledges to not increase taxes "one dime" on the middle-class (some would call them "lies").  In reality, the working-poor, families, and investors in our economy will actually be getting soaked he worst: 

Personal Income Taxes:
10% bracket goes to...      15%         Increase: +50%
25% bracket goes to...      28%         Increase: +12%
28% bracket goes to...      31%         Increase: +11%
33% bracket goes to...      36%         Increase: +10%
36% bracket goes to...      39.6         Increase: +10%

Capital Gains Tax: 
Now: 15%   Dec. 31st: 20%   Increase: +33%

The marriage penalty returns... as does the Inheritance Tax... at a wealth-redistributing 55% for estates over $1M

Dividends: 
Now taxed at 15% jump to 39.6%... a +164% increase
And that's not all: there's two more waves of tax hikes coming down the pike already to pay for the largely-unwanted ObamaCare power-grab, along with all the rest of these power-mad fiends' pedal-to-the-metal spending, legislative bribes, and political-backer payoffs... which tripled the annual deficit for 2010.
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So limousine liberals, you had your fun... and probably almost broke your arm patting yourself on the back after you went out and cast your vote for Obama.  Now you self-righteous posers are getting what you deserve.... Dear Leader is going to tax the crap out of you.
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Anybody else still voting Democrat this fall -seriously- ought to have their head examined... or just move to Cuba already, the rest of us want our country back-

Investor's Business Daily via Moonbattery