The “New” Deal….

Well here is the deal that Joe Biden and the U.S. Senate sent to the “People’s House”Biden Happy New Year 2

  • Income tax rates: Extends tax cuts on incomes up to $400,000 for individuals, $450,000 for couples. Earnings above those amounts would be taxed at a rate of 39.6%, up from the current 35%. Extends Clinton-era caps on itemized deductions and the phase-out of the personal exemption for individuals making more than $250,000 and couples earning more than $300,000.

There is more confiscation taking place in the “Deal”.  Go to the Dryer Report for more “Bi-partisan” crap.

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9 thoughts on “The “New” Deal….

  1. The Republicans sold us out!
    Fiscal Cliff Deal: $1 in Spending Cuts for Every $41 in Tax Increases
    Posted on January 1, 2013
    According to the Congressional Budget Office, the last-minute fiscal cliff deal reached by congressional leaders and President Barack Obama cuts only $15 billion in spending while increasing tax revenues by $620 billion—a 41:1 ratio of tax increases to spending cuts.
    When Presidents Ronald Reagan and George H.W. Bush increased taxes in return for spending cuts—cuts that never ultimately came—they did so at ratios of 3:1 and 2:1.
    “In 1982, President Reagan was promised $3 in spending cuts for every $1 in tax hikes,” Americans for Tax Reform says of those two incidents. “The tax hikes went through, but the spending cuts did not materialize. President Reagan later said that signing onto this deal was the biggest mistake of his presidency.

    Read more: http://conservativebyte.com/2013/01/fiscal-cliff-deal-1-in-spending-cuts-for-every-41-in-tax-increases/#ixzz2GktbMutc

      • That will not be what is told to the American people…… and they will buy this BS hook, line and sinker (already have.) It’s funny because I’m horrible at math, but numbers don’t lie. Reckon that’s why they don’t post em, huh? I think I’m getting to the root… I had an interview today with Lady Gaga (or was it Goo-Gooo…I can’t remember…) and it went dwon sumpin like this:

        Kells: So what are your thoughts on the fiscal cliff?

        Gaga: Look, Bush got us here and Obama is doing his damndest to get us out. If the Republicans wouldn’t be the party of NO we could all just get along!

        Kells: So what about his track record? CBO is puttin out different numbers than what’s been in the media.

        Gaga: CBO is a bitch and she worked for BUSH! Can I just say my numbers are higher than hers??!!

        Kells: Mais naturellement.

      • Hockey and Kells…………….Yet another “Deal” to screw the American People.

        100 years ago in 1913 we had the 16th Amendment which made the US income Tax a permanent part of the U S tax system ! ….Which was the necessary ( and anti-Constitutional ) legislation needed to make that other Gem of collossal rip-off work……..In 1913 ALSO was the Federal Reserve Act…which lo and behold was passed Dec 22, 1913 as Congress and the Country were preparing for the Christmas Holiday and recess.

        Jump forward to 2013 and they change the game-plan only slightly by putting the newest Charade on New Years Eve.

        1913….2013…..It’s all a Big Joke…a rip-off of the Freedoms and property of the American people…..exactly what the Constitution was intended to protect……..and why they have been and are trying as we speak to further undermine it with attacks on the 2nd Amendment and the Recent NYT article calling for an end to the Constitution itself.

        What is amazing is that more Americans don’t see this Plan….this Game that has been being played on them ( all of us ) for the last 100 YEARS !!!

  2. 109 million working producers supporting 87 million non-producers (welfare “FSA” – Government Employees). How much further can we go before the wheels come of the bus. What’s next?

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