Bend over obama voters - enjoy it

[as the world turns]

Workers making $30,000 will take a bigger hit on their pay than those earning $500,000 under new fiscal deal

It is just the start......

http://www.dailymail.co.uk/news/article-2256972/Middle-earners-hit-hardest-revealed-workers-making-30-000-bigger-hit-earning-500-000-new-fiscal-deal.html

[fastpitchdad05]

Workers making $30,000 will take a bigger hit on their pay than those earning $500,000 under new fiscal deal

It is just the start......

http://www.dailymail.co.uk/news/article-2256972/Middle-earners-hit-hardest-revealed-workers-making-30-000-bigger-hit-earning-500-000-new-fiscal-deal.html

Thanks ATWT, that's an informative article. However, the headline seems a little misleading. Reading down the article a bit it states:

While the lower brackets will take a bigger hit to their paychecks than those in the $200,000 to $500,000 bucket, their overall federal tax rate will remain smaller

The average increase in tax bills for all earners will be about $1,257.

While the lower brackets will take a bigger hit to their paychecks than those in the $200,000 to $500,000 bucket, their overall federal tax rate will remain smaller. And the biggest hit of all will still be felt by the nation's top income earners.

Obama made a tax hike on the nation's wealthiest central to his campaign for re-election.

Workers making more than $1 million will pay an average 7.8 percent more - or an additional $170,341 - under the new law.

The federal tax rate will be roughly 39 percent for that group, compared to 26 percent for those earning between $200,000 and $500,000 and 14 percent for those making between $40,000 and $50,000.

[thebigshow]

I'll say it again, I can't find anyone who admits they voted for this guy. That' goes for asking at work ( which has 50% number of blacks ), the ball fields, fitness facilities, church, family, friends, friends of friends............

I just don't get it.

[as the world turns]

Workers making $30,000 will take a bigger hit on their pay than those earning $500,000 under new fiscal deal

It is just the start......

http://www.dailymail.co.uk/news/article-2256972/Middle-earners-hit-hardest-revealed-workers-making-30-000-bigger-hit-earning-500-000-new-fiscal-deal.html

Thanks ATWT, that's an informative article. However, the headline seems a little misleading. Reading down the article a bit it states:

While the lower brackets will take a bigger hit to their paychecks than those in the $200,000 to $500,000 bucket, their overall federal tax rate will remain smaller

The average increase in tax bills for all earners will be about $1,257.

While the lower brackets will take a bigger hit to their paychecks than those in the $200,000 to $500,000 bucket, their overall federal tax rate will remain smaller. And the biggest hit of all will still be felt by the nation's top income earners.

Obama made a tax hike on the nation's wealthiest central to his campaign for re-election.

Workers making more than $1 million will pay an average 7.8 percent more - or an additional $170,341 - under the new law.

The federal tax rate will be roughly 39 percent for that group, compared to 26 percent for those earning between $200,000 and $500,000 and 14 percent for those making between $40,000 and $50,000.

But, what happened to "only the top 2% would get a tax increase". The low information obama voter actually thought they would not see an increase at all because O said so - surprise, dipsh*ts!

[fastpitchdad05]

Workers making $30,000 will take a bigger hit on their pay than those earning $500,000 under new fiscal deal

It is just the start......

http://www.dailymail.co.uk/news/article-2256972/Middle-earners-hit-hardest-revealed-workers-making-30-000-bigger-hit-earning-500-000-new-fiscal-deal.html

Thanks ATWT, that's an informative article. However, the headline seems a little misleading. Reading down the article a bit it states:

While the lower brackets will take a bigger hit to their paychecks than those in the $200,000 to $500,000 bucket, their overall federal tax rate will remain smaller

The average increase in tax bills for all earners will be about $1,257.

While the lower brackets will take a bigger hit to their paychecks than those in the $200,000 to $500,000 bucket, their overall federal tax rate will remain smaller. And the biggest hit of all will still be felt by the nation's top income earners.

Obama made a tax hike on the nation's wealthiest central to his campaign for re-election.

Workers making more than $1 million will pay an average 7.8 percent more - or an additional $170,341 - under the new law.

The federal tax rate will be roughly 39 percent for that group, compared to 26 percent for those earning between $200,000 and $500,000 and 14 percent for those making between $40,000 and $50,000.

But, what happened to "only the top 2% would get a tax increase". The low information obama voter actually thought they would not see an increase at all because O said so - surprise, dipsh*ts!

Perhaps this was a concession for the Dems getting most of what they wanted. Seems like a small sacrifice on the Dems part and a huge concession by the 'Pubs.

[Dugout Dad]

Perhaps this was a concession for the Dems getting most of what they wanted. Seems like a small sacrifice on the Dems part and a huge concession by the 'Pubs.

Here is a picture translation to what you just said. Me thinks spending is the problem and not enough of it happened.
http://www.zerohedge.com/news/2013-01-01/putting-americas-tax-hike-perspective

[fastpitchdad05]

Perhaps this was a concession for the Dems getting most of what they wanted. Seems like a small sacrifice on the Dems part and a huge concession by the 'Pubs.

Here is a picture translation to what you just said. Me thinks spending is the problem and not enough of it happened.
http://www.zerohedge.com/news/2013-01-01/putting-americas-tax-hike-perspective

I agree. Way too much frivolous spending.

It's almost as if my wife was in charge of the national budget!

[jonriv]

Perhaps this was a concession for the Dems getting most of what they wanted. Seems like a small sacrifice on the Dems part and a huge concession by the 'Pubs.

Here is a picture translation to what you just said. Me thinks spending is the problem and not enough of it happened.
http://www.zerohedge.com/news/2013-01-01/putting-americas-tax-hike-perspective

I agree. Way too much frivolous spending.

It's almost as if my wife was in charge of the national budget!

For your sake I hope she is not on the Bucket!!

[fastpitchdad05]

Perhaps this was a concession for the Dems getting most of what they wanted. Seems like a small sacrifice on the Dems part and a huge concession by the 'Pubs.

Here is a picture translation to what you just said. Me thinks spending is the problem and not enough of it happened.
http://www.zerohedge.com/news/2013-01-01/putting-americas-tax-hike-perspective

I agree. Way too much frivolous spending.

It's almost as if my wife was in charge of the national budget!

For your sake I hope she is not on the Bucket!!

She isn't since she retired from coaching last summer, but I'm sure someone will narc me out that knows her.

Yikes!

[Dugout Dad]

Perhaps this was a concession for the Dems getting most of what they wanted. Seems like a small sacrifice on the Dems part and a huge concession by the 'Pubs.

Here is a picture translation to what you just said. Me thinks spending is the problem and not enough of it happened.
http://www.zerohedge.com/news/2013-01-01/putting-americas-tax-hike-perspective

I agree. Way too much frivolous spending.

It's almost as if my wife was in charge of the national budget!

I don't know her, but I would trust her over the buffoons in office now.