Remember this?
Obama demanding over and over again that every American must pay their fair share.

But that was sooo last week.

Now we find out that under the new fiscal cliff plan workers making less than $30,000 a year will take a bigger hit than those making $500,000 a year.
The Daily Mail reported:

Middle-class workers will take a bigger hit to their income proportionately than those earning between $200,000 and $500,000 under the new fiscal cliff deal, according to the nonpartisan Tax Policy Center.

Earners in the latter group will pay an average 1.3 percent more – or an additional $2,711 – in taxes this year, while workers making between $30,000 and $200,000 will see their paychecks shrink by as much as 1.7 percent – or up to $1,784 – the D.C.-based think tank reported.

Overall, nearly 80 percent of households will pay more money to the federal government as a result of the fiscal cliff deal.

‘The economy needs a stimulus, but under the agreement, taxes will go up in 2013 relative to 2012 – not only on high-income households, as widely discussed, but also on every working man and woman in the country, via the end of the payroll tax cut,’ said William G. Gale, co-director of the Tax Policy Center.

‘For most households, the payroll tax takes a far bigger bite than the income tax does, and the payroll tax cut therefore – as [the Congressional Budget Office] and others have shown – was a more effective stimulus than income tax cuts were, because the payroll tax cuts hit lower in the income distribution and hence were more likely to be spent,’ he added.

It figures.

Hat Tip Gini

 

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  1. And let’s not forget to add the new Obamacare taxes to the mix — the same ones that even Democrats who voted for the law have admitted will be job killers. There will be no unaffected taxpayers.

  2. “Fair Share” is one of those False Premises I’ve been squawking about lately.

    In reality, a fair share would be to tax everyone equally, but Obama’s master spin doctors phrase things in such a way that the masses — who probably NEVER even thought about taxes in terms of fairness before — are lulled into believing that the tax system is inequitable, and that the rich are not paying enough … when in fact, the exact opposite is true.

    BEWARE THE FALSE LIBERAL PREMISES … they are based on emotion (greed, sympathy, envy, etc), masterfully delivered and easy to miss.

    & OT: In 2nd debate Obama proves he had time to save the Navy Seals in Benghazi, and possibly even Ambassador Stevens. Why were they left to die? And who called off the rescue mission?

    http://www.youtube.com/watch?v=TwydSm5RUeo

  3. by the way, did you notice how he says in the video “EVERYONE must pay their fair share”, but that whole concept started with him saying THE RICH should pay their fair share?

    He originally used envy / class warfare to sell the fairness concept so non-rich people would buy into the idea, then later changed that to “everyone must pay their fair share” in order to justify tax hikes on middle & lower income families. This is so people forget his campaign promise that middle class taxes would not go up “one thin dime”.

    This is how he lies and gets away with it.

    GOP constantly makes the mistake of using logic, reason and facts to argue against his emotion-based appeal. And if you know anything about human nature, you know that emotion trumps reason every time. GOP will continue to lose if they don’t learn how to communicate on the basis of emotion.

  4. #2

    They knew too much!! There was something that would end this administration.

  5. How about the 47% not paying any net taxes whatsoever, where’s their contribution, numbnuts?

  6. Reaganite, EVERYONE will be paying one way or another. People’s lack of understanding of economics never ceases to amaze me. Every dime of money that the federal government bleeds out of this society winds up coming out of the pockets of the people one way or another … ALL of the people.

    Even the dirt bag on the street buying his daily heroin will suffer from this tax hike, because as the costs trickle down from the rich, to retail businesses, to the middle class, and on down to the street dealers, and everyone’s cost of doing business goes up, the price of heroin and everything else we buy will go up. Nobody will escape this. Yes, some will pay more than others, but the people at the bottom, who smugly think that they will be exempt will probably be hit the worst, when calculated as a percentage of their disposable income.

    I think people are already starting to figure that out, and personally, I’m going to have a hard time feeling sorry for them. Their ignorance is going to cost us all dearly, and it’s only fair that they should bear the brunt of it …. The question is, will they EVER figure out how bad they’re being screwed, and by whom?

    So far, the majority of Americans still think that evil Booosh is responsible for all of this, and until the MSM starts telling them the truth, and quits functioning as the propaganda arm of the Democratic Party, that isn’t likely to change.

  7. Oh and Reaganite, as a business owner and landlord myself, I intend to pass EVERY DIME of extra expense I incur straight through to my tenants and customers. Income taxes, health care taxes, property taxes, gasoline costs … everything. I’ll absorb the Social Security increase. I don’t really consider that an increase since they just reduced it a while back, and they really shouldn’t have. Supposedly I’ll be getting that money back some day, so I can let that slide, but I know I’m not alone in my plan to pass everything else that comes my way right on through. I think America’s parasites are in for a rude awakening, because their rents, utilities, food, and all their other basic costs of living are going to go up by 25-50% over the next couple years, and I can guarantee you that their income isn’t going to keep pace …

  8. Sorry, but I don’t understand the complaint…. Anyone with the brain of a field mouse KNOWS that Obama intends to permanently cripple America, destroy her if he can. This is not just the other guy – the people living in some other state or across the street. This is you and ME that I’m speaking of.

    Poverty? Heh… We haven’t even started to approach the poverty that Obama has in mind for this country. I said “Obama”, but actually, it’s the entire progressive Marxist ideology that has America in it’s gun sights. The education system, from K-4 through Grad school, is infested with ideologues who agree with Obama and the progressives. Schools, unions, local governments, the local janitor’s union…. Everyone wants a big piece of the pie and screw the capitalists who are making the money! Capitalism is bad – Communism/grifting is good.

  9. Call me stupid, but what the heck is the difference between payroll taxes and income taxes?

  10. “SusieSunshine”
    You are absolutely correct! In less than 6mo, we as a nation will not be in a recession but a great depression. You will start seeing sign of it in less than a month.

  11. “AuntieMadder”
    Nothing at all

  12. Well Auntie, SUPPOSEDLY, payroll “taxes” are Social Security withholding, and we SHOULD get that money back when we retire. I certainly understand your skepticism though … and I’ve been furiously resisting allowing them to be called TAXES for that very reason. I seem to be somewhat alone in my quest though … even so-called Republicans don’t seem to want to differentiate between withholding and taxes anymore, and it makes me sick to think that some day, all the money we set aside for our retirements may be stolen …

  13. It’s all the same to me. I’ll never see a dime out of my social security.

  14. …even so-called Republicans don’t seem to want to differentiate between withholding and…

    I’ve always considered withholding the government’s way to effectively anesthetize the typical worker from the amount of money that the government is seizing from them. It’s one thing to see on a W-4 a total of money that was withheld over the span of one year, but something entirely different if each taxpayer were to have to write a check at tax time for the total amount.

  15. “…it doesn’t matter… it doesn’t matter… it doesn’t matter”

  16. All must pay their fair share so that:

    http://www.whitehousedossier.com/2013/01/02/obama-returns-hawaii-added-cost-3-million/

    How much can you spend on vacation?

  17. One thing we can thank Al Gore for is shattering forever the myth of what the government does with social security funds. Remember the lock box and the account with your name on it that was yours, without equivocation? Well, that led to the disclosure that every dime of social security is dumped into the general fund and there is no lockbox. So Medicare, Social Security are really just a tax and feed the general fund like every other tax.

    This makes the spending problem even more apparent. Barry issues fatwahs every day about how he is transforming America. Bout time we wised up…

    He is not interested in our welfare, only his own agenda, our welfare be damned.



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