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Obama Administration Misleads the Country on Tax "Cuts"

Free_Markets_Free_People Wrote: Nov 19, 2012 2:14 PM
Obamacare taxes begin to kick in 2013.
Nana82 Wrote: Nov 19, 2012 2:35 PM
Yes indeedy. And Bammie's income tax increase is retroactive. Isn't that nice?

The White House is promoting the extension of the Bush Tax Cuts for the middle class (which should really be called the Obama-Bush Tax cuts, since Obama extended them in 2010) as exactly that, tax cuts. But the truth is, an extension of the tax cuts wouldn't be a cut at all, but would keep tax rates at the current rate. The Obama admnistration is implying on the official website that a tax cut is coming for the middle class when in reality if a deal is made by January 1, middle class families won't see a tax...