An old Dutch proverb says, “We grow too soon old and too late smart.” That proverb is quite appropriate as “Dear Leader” President Barack Hussein Obama’s “fiscal cliff deal” actually increased taxes on his supporters. As Joseph Curl provided some quotes in The Washington Times:
from Meet Virginia: “Really, how am I ever supposed to pay off my student loans if my already small paycheck keeps getting smaller? Help a sister out, Obama.”
from Bake: “My paycheck just went down. So did my wife’s. This hurts us. But everybody says it’s a good thing, so I guess we just suck it up and get used to it. I call it a tax increase on the middle class.”
from a poster on DemocraticUnderground.com: “My paycheck just went down by an amount that I don’t feel comfortable with. I guarantee this decrease is gonna’ hurt me more than the increase in income taxes will hurt those making over 400 grand. What happened?”
from RomneyLies: “I know to expect between $93 and $94 less in my paycheck on the 15th.”
from DemocratToTheEnd: “My boyfriend has had a lot of expenses and is feeling squeezed right now, and having his paycheck shrink really didn’t help.”
from Nancy Thongkham: “F***ing Obama! F*** you! This taking out more taxes s*** better f***ing help me out!! Very upset to see my paycheck less today!”
I am not making this up. I even provided a link to Curl’s article.
Curl also wrote:
“Shocker. Democrats who supported the president’s re-election just had NO idea that his steadfast pledge to raise taxes meant that he was really going to raise taxes. They thought he planned to just hit those filthy “1 percenters,” you know, the ones who earned fortunes through their inventiveness and hard work. They thought the free ride would continue forever.”
So, what happened? Obama, with the help of Congress, in 2009, enacted a “holiday” on the payroll tax deduction from employees’ paychecks. But his “fiscal cliff deal” didn’t extend the holiday. Nor did it even pretend to address Social Security entitlement spending, which now comprises the single largest budget item. But not to worry since the Social Security Trust Fund has the back of all us retirees. Suuuuuuuuuure!
And what of Obama’s precious middle class? On January 2, 2013, Obama said, “”[This bill] raises taxes on the wealthiest 2 percent of Americans while preventing a middle class tax hike that could have sent the economy back into a recession.” Obama said that just before returning to Hawaii to resume his vacation, a move that cost us taxpayers $3 million. But this source says that fully 77 percent of taxpayers will experience tax increases. I don’t care how you cut it, 77 percent encompasses the middle class. If you start at 100 percent, then look at 77 percent of taxpayers, the resulting percentage reaches all the way down to 23 percent of taxpayers. (100% – 77% = 23%) Twenty three percent can omit the lowest income quintile, and only 3 percent of the lower middle class quintile. But the 77 percent includes the majority of the lower middle class, the (so-called) middle class, the upper middle class, and the upper class income quintiles.
As Dylan Matthews, in The Washington Post says, “One plausible definition of ‘middle-class’ is those households in the middle quintile of the income distribution, or between the 40th and 60th percentiles.” He also says in his article that the mean income of the middle class is $49,842. But wait. According to this source, the tax change (spelled ‘increase’) for people making between $40,000 and $50,000 will average $579. In fact, Matthews’ article states that the average income for the “lower middle class” is $29, 204. They can expect a tax change of $297. So, when Obama said, “… preventing a middle class tax hike …”, was he thinking that we are just stupid, that we would not notice the drop in our paychecks? Or was he just lying?
But it’s too late for Obama supporters. They are getting “too late smart.” Oh, well, perhaps when economic reality sets in, they will remember for whom they voted. But don’t count on it, as the steady drumbeat of lies and half truths propagated by the Democrats and MSM will make all the “something for nothing” crowd forget their 2012 votes.
But that’s just my opinion.