Most every media report you can find is cleverly doing the bidding of the Obama regime by charactering what’s happening in Washington between the Democrats and Republicans as a battle over tax cuts for the rich or the middle class.This is the media’s version of a 3 card Monte game because they are not reporting the actual facts.
This is not a battle over tax cuts whatsoever. Nobody’s taxes will be cut a cent whether you’re rich, middle class, or poor!
However, if congress doesn’t act before Dec 31 EVERYONE’S taxes go up.
The 10 percent bracket rises to an expanded 15 percent = 50% increase
The 25 percent bracket rises to 28 percent = 12% increase
The 28 percent bracket rises to 31 percent = 11% increase
The 33 percent bracket rises to 36 percent= 9% increase
The 35 percent bracket rises to 39.6 percent= 13% increase
Here’s the dirty little secret the media and the Obama regime is not telling the American people because they’re too busy playing class welfare games.
The biggest losers in America are those in the 10% tax range, the poor, the ones the Democrats supposedly are fighting for face a whopping 50% tax increase if the Bush TAX RATES are not extended.
This happens to be an inconvenient truth the Obama suck up media is conveniently failing to report
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