Unfreakin' believable.<quoted text>
... and that explains how the fiscal cliff was averted by eliminating all cuts to government spending and enacting a new tax policy that will generate 600 billion dollars in new taxes over a 10 year period of time... while the government will have a 1.3+ trillion dollar deficit for the foreseeable future with no plan to reduce it.
Let's see what that means....
1.3+ trillion times 10 years... naught plus naught equals naught, carry the naught, minus 600 billion....
No effect at all. The already obscene 16.5 trillion dollar debt about doubles.
An idiot knows this government will collapse.
Send them ALL back to "Arithmetic 101"...for the INEPT.
HELLL OOOO...middle class UHamerikuh....figure it out yet?
High-income families will feel the biggest tax increases, but many middle- and low-income families will pay higher taxes too.
Households making between $40,000 and $50,000 will face an average tax increase of $579 in 2013, according to the Tax Policy Center's analysis. Households making between $50,000 and $75,000 will face an average tax increase of $822.
"For most people, it's just the payroll tax," said Roberton Williams, a senior fellow at the Tax Policy Center.
The tax increases could be a lot higher. A huge package of tax cuts first enacted under President George W. Bush was scheduled to expire Tuesday as part of the "fiscal cliff." The Bush-era tax cuts lowered taxes for families at every income level, reduced investment taxes and the estate tax, and enhanced a number of tax credits, including a $1,000-per-child credit.
CAP, CURB (IE: STOP the hemorrhaging of OVER SPENDING)Balance and get a damn B-U-D-G-E-T...and live with in the means again!
[buhj-it] Show IPA noun, adjective, verb, budg·et·ed, budg·et·ing.
an estimate, often itemized, of expected income and expense for a given period in the future.
a plan of operations based on such an estimate.
an itemized allotment of funds, time, etc., for a given period.
the total sum of money set aside or needed for a purpose: the construction budget.
a limited stock or supply of something: his budget of goodwill.
Time for baffoons, baboons and general air-headed goons to GROW UP again!
The T(axed) E(nough) A(lready drained dry) Party.
Welcome to the MESS of America's INcompetence!