Hidden in the Details… Fiscal Cliff Bill Raises Taxes on Middle Class – $2,000 For Those Making $100,000 a Year (Video)

During the 2008 campaign Barack Obama promised not to raise taxes on anyone making less than $250,000 a year.
He lied. Obamacare created seven new taxes on those making less than $250,000 a year.

And, then there’s this.
The fiscal cliff bill that passed the US Senate and the US House will raise payroll taxes from 4.2% to 6.2%. In other words those making $100,000 a year will see their taxes increase by $2,000.
Obama needs the money.

Via FOX News:


Meanwhile…
Hollywood gets a tax incentive extension.

More… Here’s more on what the middle class can expect:
Via KRMG:

The average family making $50,000 per year will see their paychecks drop by $83.33 per month ($1,000/year).

The average family making $75,000 per year will see their paychecks drop by $125.00 per month ($1,500/year).

The average family making $100,000 per year will see their paychecks drop by $166.67 per month ($2,000/year).

Comments

As a privately owned web site, we reserve the right to edit or remove comments that contain spam, advertising, vulgarity, threats of violence, racism, anti-Semitism, or personal/abusive attacks on other users. The same applies to trolling, the use of multiple aliases, or just generally being a jerk. Enforcement of this policy is at the sole discretion of the site administrators and repeat offenders may be blocked or permanently banned without warning. Guest posting is disabled for security reasons.