Education needs to be Obama's Top Priority.
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From: Jeff Strickland on 14 Apr 2010 19:37 "SMS" <scharf.steven(a)geemail.com> wrote in message news:4bc650b0$0$1665$742ec2ed(a)news.sonic.net... > CBS news did a piece on the Tea Party supporters, who they are, and what > they believe. > > 64% of the Tea Partiers believe that Obama has increased taxes for most > Americans, despite the fact that taxes were cut for vast majority of > Americans during Obama's administration. That's sad enough, but even among > non-Tea Partiers there are still 34% of people that believe that taxes > went up for most Americans. I suppose we should be pleased that 66% of > people believe what actually happened happened. > > Obama's next big initiative after banking reform needs to be education > reform so the Tea Partiers can be re-educated. Obama did not cut taxes, he only cut payroll withholding. The tax tables remain the same. The IRS is reporting that most wage earners have misfiled due to the change in withholding in 2009.
From: Hachiroku ハチロク on 14 Apr 2010 20:46 On Wed, 14 Apr 2010 16:32:21 -0700, SMS wrote: > > Obama's next big initiative after banking reform needs to be education If he does that, no one will vote for Democrats anymore...
From: Hachiroku ハチロク on 14 Apr 2010 20:47 On Wed, 14 Apr 2010 16:37:48 -0700, Jeff Strickland wrote: > > "SMS" <scharf.steven(a)geemail.com> wrote in message > news:4bc650b0$0$1665$742ec2ed(a)news.sonic.net... >> CBS news did a piece on the Tea Party supporters, who they are, and what >> they believe. >> >> 64% of the Tea Partiers believe that Obama has increased taxes for most >> Americans, despite the fact that taxes were cut for vast majority of >> Americans during Obama's administration. That's sad enough, but even >> among non-Tea Partiers there are still 34% of people that believe that >> taxes went up for most Americans. I suppose we should be pleased that >> 66% of people believe what actually happened happened. >> >> Obama's next big initiative after banking reform needs to be education >> reform so the Tea Partiers can be re-educated. > > Obama did not cut taxes, he only cut payroll withholding. The tax tables > remain the same. The IRS is reporting that most wage earners have misfiled > due to the change in withholding in 2009. And other taxes have been raised and new ones initiated. You do not 'cut' taxes by creating new ones.
From: Hachiroku ハチロク on 14 Apr 2010 23:15 On Wed, 14 Apr 2010 18:00:23 -0700, Conscience wrote: > On 2010-04-14 17:46:47 -0700, Hachiroku ハチロク <Trueno(a)e86.GTS> > said: > >> On Wed, 14 Apr 2010 16:32:21 -0700, SMS wrote: >> >> >>> Obama's next big initiative after banking reform needs to be education >> >> If he does that, no one will vote for Democrats anymore... > > More people are wondering what happened to his vaunted jobs program. What jobs program?
From: SMS on 14 Apr 2010 23:22
On 14/04/10 4:37 PM, Jeff Strickland wrote: > Obama did not cut taxes, he only cut payroll withholding. The tax tables > remain the same. The IRS is reporting that most wage earners have misfiled > due to the change in withholding in 2009. You've been watching too much Faux News. It's affected your critical thinking skills. In fact, the stimulus plan contained $237 billion in individual tax cuts over two years that have went to 95% of taxpayers (there were another $51 billion in corporate tax cuts). * $116 billion: New payroll tax credit of $400 per worker and $800 per couple in 2009 and 2010. Phaseout begins at $75,000 for individuals and $150,000 for joint filers.[27] * $70 billion: Alternative minimum tax: a one year increase in AMT floor to $70,950 for joint filers for 2009.[27] * $15 billion: Expansion of child tax credit: A $1,000 credit to more families (even those that do not make enough money to pay income taxes). * $14 billion: Expanded college credit to provide a $2,500 expanded tax credit for college tuition and related expenses for 2009 and 2010. The credit is phased out for couples making more than $160,000. * $6.6 billion: Homebuyer credit: $8,000 refundable credit for all homes bought between 1/1/2009 and 12/1/2009 and repayment provision repealed for homes purchased in 2009 and held more than three years. This only applies to first-time homebuyers.[39] * $4.7 billion: Excluding from taxation the first $2,400 a person receives in unemployment compensation benefits in 2009. * $4.7 billion: Expanded earned income tax credit to increase the earned income tax credit � which provides money to low income workers � for families with at least three children. * $4.3 billion: Home energy credit to provide an expanded credit to homeowners who make their homes more energy-efficient in 2009 and 2010. Homeowners could recoup 30 percent of the cost up to $1,500 of numerous projects, such as installing energy-efficient windows, doors, furnaces and air conditioners. * $1.7 billion: for deduction of sales tax from car purchases, not interest payments phased out for incomes above $250,000. |