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Obama Administration Misleads the Country on Tax "Cuts"

Roger116 Wrote: Nov 19, 2012 3:06 PM

Once the market tanks they will offer to give you a life payout (just like SS) for your retirement accounts. This will be a choice...at first. Later it will become mandatory. Thing is, you no longer own that account, so you have nothing to leave to your heirs. Once you are gone the government inherits it. It takes little searching to find the proposals and the congress critters behind it.

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Obama Administration Misleads the Country on Tax "Cuts"

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 WhiteHouse.gov 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...

Related Tags: Bush Tax Cuts Barack Obama Fiscal Cliff