Grassfire's research team is examining the budget right now and we
have already identified dozens on line item tax increases:

--$645 billion global warming tax affecting every consumer.

--$8 billion increased Medicare for "higher income" people.

--$636 billion to eliminate Bush tax cuts.

--$31 billion in taxes on the oil and gas industry (which will
be passed on to consumers in gas prices while discouraging
domestic
exploration and making us even more dependent on foreign oil).

In all, we see over $1.5 trillion in new taxes and hundreds of billions
more in new spending.
This is from "Grassfire"

And now, for the insult to taxpayers.
You know that $14.00 extra or so you are going to get every week starting in April? Well guess what! The RATE is not going to be lowered. The witholding chartes are being revised. What that means is that next year that "tax cut" will show up on your W2 as income you will have to pay tax on for the year 2010.

Hey, you Obama supporters. Is that Kool Aid starting to give you heartburn yet?

spitvenom

So this grassfire isn't a conservative website right?

spitvenom

Oh wait i just went to it and by golly it is a conservative website. What a shock!

speechlesstx

Is there some sin in being conservative?

Fr_Chuck

That is most likely in the next bill

spitvenom

No speech of course not! But I will be more willing to believe it if it wasn't. The entire site just bashes Obama.

speechlesstx

As if people should just set aside their beliefs and values? I've always expected conservatives to be, well, conservative...just as I've always expected liberals to be liberal. What's wrong with that? If the facts cited are accurate does the source matter?

tomder55

yes that is a fair warning ... the extra $13 bucks is not a tax cut. unless you adjust your filing status it will show as extra taxable income that you will not have had witholdings to account for . So if you don't adjust witholdings be prepared to put aside half of it to pay the extra taxes next year. But go ahead and spend the extra $7 /week . That should stimulate the economy.

Either way it is chump change to what the libs in NY at multi-levels of government are planning in tax increases.

speechlesstx

And of course the way it's been reprted doesn't make sense anyway. As I said elsewhere the media's math doesn't add up.

But hey, if you hang on to your extra $7.00 a week you'll have a down payment on your $25,573.48 portion of Obama's spending plans.

excon

Hello:

I dunno. I thought it was a conservative idea to pay your bills....

excon