Post-Partum Tax Promises

From Investors.com:

Rather than protesting the greatest expansion of government in U.S. history, Tea Party attendees should be thanking Big Government for all it’s done. At least, that’s what President Obama thinks.

As the Associated Press reported Thursday, the president said he was "amused" by the Tea Party faithful gathering in cities across America to protest soaring government spending, ballooning debt and the explosion in taxes that will be needed to pay for it all.

"You would think they’d be saying thank you," he said.

And why should they be thankful? As the president himself said on his weekly radio address a week ago, "one thing we have not done is raise income taxes on families making less than $250,000; that’s another promise we kept."

In fact, that wasn’t his promise at all.

Here’s what candidate Obama really said in September of 2008: "Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes."

Got that? "Not any of your taxes." The claim of no tax hikes on those below $250,000 as a result of the current administration’s policies is completely and utterly false.

A report from the House Ways & Means Committee’s GOP members notes that, since January 2009, Congress and the president have enacted $670 billion in tax increases. That’s $2,100 for each person in America. At least 14 of those tax hikes, the report says, break Obama’s pledge not to raise taxes on those earning less than $250,000. Roughly $316 billion of the tax hikes — 14 increases in all — hit middle-class families, the report says.

Actually, I’m happy that President Chucklehead didn’t personally raise my taxes.  His short, two-line tax return would have the following question and statement:

  1. How much did you make?   $________________.00
  2. Send it in (no change, please – that’s yours to keep).

But what did our leader actually pay in taxes?  According to President Chucklehead’s return, his income for 2009 was $5.5 Million, of which he paid $1.8 Million (which is the 32% bracket) and gave $329,100 to charities (5.9%).  Which is far more than the 47% of people who did not pay any Federal taxes.

Which only goes to show that the progressive tax structure that we have isn’t working.  When 47% of the adult population do not pay any Federal taxes, something is drastically wrong.  Perhaps this is why a flat tax is so appealing.

With a flat tax, a multi-page tax return gets cut down to one or two pages.  Tax legislation is reduced from a mind-numbing 16,845 pages to less than ten.  And just think – with a simpler tax code to enforce, the number of IRS agents needed would be less, reducing the size of government.  The downside is that the thousands of accountants that rely upon tax season to make most of their income would find themselves looking for another job.

I’m really starting to think that the only reason that the tax codes exist in their present form is for the government to enforce more power over the population through fear and intimidation.  After all, the most feared letters in the English language are IRS.

Yep, the government is in charge, and not the People.  How far this country has departed from the Founder’s vision…

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About Tom Roland

EE for 25 Years, Two Patents - now a certified PMP. Married twice, burned once. One son with Asperger's Syndrome. Two cats. Conservative leaning to the Right. NRA Life Member.
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5 Responses to Post-Partum Tax Promises

  1. Joe says:

    I have advocated a flat tax for over thirty years, to no avail. Nobody has ever thought it was a good idea.

    I am pleased to see it peeking from behind the curtain at long last.

  2. I’m going to whine now.

    With the puny amount of income I bring in (net of $30,000 in self-employment), I pay taxes (1/3 – 1/4, in federal and state taxes).

    But those who make a lot more don’t? Boggles the mind, doesn’t it?

    Now, according to some news reports, we see that BHO is considering advocating the value-added tax, a tax which would slam lower and middle income-earners.

    With a flat tax, a multi-page tax return gets cut down to one or two pages. Tax legislation is reduced from a mind-numbing 16,845 pages to less than ten…


    Hear, hear!

    I might be able to compute my own taxes!

  3. Z says:

    Actually, Always on Watch, it’s those WITH money who pay the HUGE majority of our taxes!
    The VAT will be a final nail in the coffin of the dead American economy and I wonder that Obama can even dare bring it up. Does he think Americans really won’t notice his whopping lie of no tax hikes to those who make under $250K?
    Liar in Chief.

  4. cary says:

    The VAT wouldn’t be bad – if the income tax was abolished FIRST – but chucklehead and his cronies are not looking at that, they are thinking the VAT is another nifty revenue source ON TOP of the income tax.

    Flat tax? Eh …

    National Sales Tax, with no income tax. You spend money (on non-food items), you pay taxes. You eat prepared foods, you pay taxes. Grow your own food, and eat at home, no taxes. Conspicuous consumption = more taxes paid.

  5. Tom says:

    Joe – A flat tax has always been a good idea. It treats everyone equally. We have just been brainwashed into thinking that the well-off should pay a greater share.

    AOW – Whine away. You are going to have a lot of company… But the VAT has been the bane of the European economy.

    Z – The taxpayers are slowly waking up to Obummer’s charades and shell game. Too bad they didn’t see it before the election.

    Cary – What would happen is that a national sales tax would be structured more as a VAT. Different name, same game. And it would be in addition to the income tax regardless of presidential promises on and off the campaign trail.

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