Sunday, December 4, 2011

Obama Panders to Moocher Class




Barack Obama gave his weekly address yesterday, and of course it was filled with demagoguery and class warfare. Now, the fight is extending to payroll taxes. The commander-in-thief is pandering to the moocher class through the reduction of their social security obligations.

Unfortunately, too many Republicans in Congress don’t seem to share that same sense of urgency. Over the last few months, they’ve said “no” to most of these jobs bills. “No” to putting teachers and firefighters back to work. “No” to putting construction workers back on the job. And this week, they actually said “no” to cutting taxes for middle-class families.

You see, last year, both parties came together to cut payroll taxes for the typical middle-class family by about $1,000. But that tax cut is set to expire at the end of this month. If that happens, that same family will see its taxes go up by $1,000. We can’t let that happen. In fact, I think we should cut taxes on working families and small business owners even more.

And we’re going to keep pushing Congress to make this happen. They shouldn’t go home for the holidays until they get this done. And if you agree with me, I could use your help.

For many Americans, this in the only skin they have in the game. As of now, the payroll deductions are set at 4.2 percent; down from 6.2 percent. The democrats want to further reduce it to 3.1 percent; this at a time when entitlement programs are running in the red.

Earlier this year it was reported that 47 percent of Americans did not pay any federal income taxes. Their sole contributions were through payroll taxes. Soon -- if the democrats get their way -- they won’t even pay that.


Source: http://www.whitehouse.gov/photos-and-video/video/2011/12/03/weekly-address-extending-and-expanding-payroll-tax-cut#transcript

http://www.charlotteobserver.com/2011/12/04/2823740/expand-payroll-tax-cut-but-pay.html

http://www.usatoday.com/news/opinion/editorials/2010-04-16-editorial16_ST_N.htm

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