This story is originally from Fox News. The story is called, Obama Renews Call for Bipartisanship, Takes Jab at Tea Partiers
This starts off as a joke on Obama's behalf. He urges lawmakers NOT to bow to pressure from lobbyists concerning financial reform, yet he allowed the lobbyists to run roughshod over Obamacare putting so much junk in it, God only knows WHAT'S in the stupid bill!
He claims that he will "...continue to reach out to Republicans and take their ideas into consideration..." Like he's even done that to date! We Republicans (aka The People) DIDN'T want Obamacare, but he passed it anyway. We Republicans (again The People) DIDN'T want his $1 Trillion dollar "Economic Stimulus" package that really only caused unemployment to go over 10% nationally, a number that was higher than at ANY point in W's presidency.
He also believes that, "...his signature economic recovery package with putting more than two million Americans back to work and with cutting taxes for families, small businesses and students." That's not what I heard. Sure he "cut" taxes, but I'm getting ahead of myself. I have YET to see where two million Americans are back to work as he claims. Our unemployment rate is still sky high. Below is the unemployment rate on a graph. I've included the years Bush was President. Notice anything???? At least we've leveled out at 9.7%, but even at that, it's STILL higher than ANY point during Bush's years. I even went back to 1948 which is as far back as this data goes. We haven't had it this bad since Regan took over for Carter and we were up to 10.8%. What brought it back down? A REAL cut in taxes, but I'm getting ahead of myself again.
Obama took a jab at the Tax Day Tea Parties. He CLAIMS to have given us a tax cut, but he hasn't. He's upset at us because he thinks we should be thanking him for his "tax cut" that he didn't give us. He DID take less taxes out of our paychecks, but he DIDN'T cut taxes. Let me explain this.
So lets say that you normally owe a total of $5,000 in federal taxes annually based on your income. Normally, you'd have around $416 or so taken for federal taxes each month from your pay check. This would mean that you've paid you $5,000 bill at the end of the year. If you ended up paying more than $5,000 because you've been paying more than $416 a month, then great because you get that money back when you do your tax return....
This is what Obama did to us...
His idea of a tax break was to take less than the $416 you normally pay so that you have more money to spend in your pay check. Lets say he decided to cut the amount in half, so now your getting $208 taken out a month. YES!!! I get an extra $208 a month in my pay check!!!! Oh, but wait, there's more!!!! A REAL tax break includes an adjustment to the annual amount you owe. Normally, the monthly cut would also include an annual cut (the REAL reason you had the monthly cut to being with), but that didn't happen. Obama left you still owing a total of $5,000 so that at the end of the year, you still owe $2,500 in federal taxes.
There are people who do this all the time, but they know about it. What they do is save up the money they would have paid for federal taxes to pay at the end of the year. That's what's really jacked up about what Obama did. I didn't even know about this until I went to do my taxes a couple of weeks ago. Damn good thing I had gone to school or else I would have owed money for the first time in my life.
This is what Obama did to us...
His idea of a tax break was to take less than the $416 you normally pay so that you have more money to spend in your pay check. Lets say he decided to cut the amount in half, so now your getting $208 taken out a month. YES!!! I get an extra $208 a month in my pay check!!!! Oh, but wait, there's more!!!! A REAL tax break includes an adjustment to the annual amount you owe. Normally, the monthly cut would also include an annual cut (the REAL reason you had the monthly cut to being with), but that didn't happen. Obama left you still owing a total of $5,000 so that at the end of the year, you still owe $2,500 in federal taxes.
There are people who do this all the time, but they know about it. What they do is save up the money they would have paid for federal taxes to pay at the end of the year. That's what's really jacked up about what Obama did. I didn't even know about this until I went to do my taxes a couple of weeks ago. Damn good thing I had gone to school or else I would have owed money for the first time in my life.
Obama is also missing the fact that taxes are not the only thing that Tea Partiers are complaining about. We don't like big government spending, Obamacare and his "stimulus" package putting generations of American's into debit BEFORE they are even born!
Obama thinks we are SO stupid to think that Obamacare puts more control into the people's hand. BS!!!!!!!!!!!!!! It's ALL about government control!
Oh... and he's daring Republicans to repeal Obamacare. YES WE CAN!!!!!!!!!!!
He says Republicans use scare tactics concerning Obamacare. Isn't this a scare tactic?
"If they want to let kids be barred from getting insurance because of preexisting conditions we can have that discussion. If they want to take back tax cuts from small businesses who want to do the right thing by their employees I'm happy to have that argument." - Barack Hussein Obama
