Huge Obama Tax Increase for YOU

Think Barry wants to only raise taxes on "millionaires and billionaires". Think again:

A typical middle-income family making $40,000 to $64,000 a year could see its taxes go up by $2,000 next year if lawmakers fail to renew a lengthy roster of tax cuts set to expire at the end of the year, according to a new report Monday

Taxpayers across the income spectrum would be hit with large tax hikes, the Tax Policy Center said in its study, with households in the top 1 percent income range seeing an average tax increase of more than $120,000, while a family making between $110,000 to $140,000 could see a tax hike in the $6,000 range.

Taxpayers across the income spectrum will get slammed with increases totaling more than $500 billion - a more than 20 percent increase - with nine out of 10 households being affected by the expiration of tax cuts enacted under both President Barack Obama and his predecessor, George W. Bush.

The expiring provisions include Bush-era cuts on wage and investment income and cuts for married couples and families with children, among others. Also expiring is a 2 percentage point temporary payroll tax cut championed by Obama.

Let's call this what it is: This is not "the expiring provisions" of Bush-era tax cuts: This is what Democrats, including Barack Obama, have wanted all along. The reason these tax cuts are "expiring" is because Democrats didn't want us to have them in the first place and GW Bush didn't have the guts to stand on his principles and force them to make them permanent. So now we are in the place some of us knew we would be all along: With a commie lib for president who wants to raise everyone's taxes and has a convenient excuse to blame it on congress.

Barry has nothing to lose should he get a second term: He has no reason to sign any bill that lowers your taxes and mine. So if he is re-elected, welcome to the brave new world of economy-stifling tax hikes for you, me and everyone else who can't afford them.

What could your family do with that $2,000 to $6,000 a year? What are you doing with it now? Spending it on stuff you NEED? Like gas that has been higher for longer than an other time in our history? Or food, prices of which continue to skyrocket but which is conveniently NOT included in inflation numbers? That's okay, ObamaBot Zombies: Vote for your messiah. I know that, like millionaires and billionaires, you don't need the money anyway. 

Read more on Newsmax.com: AP: Huge Tax Increase Looms With 'Fiscal Cliff'
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