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April 14, 2011

“Spending reductions in the tax code.”

“The fourth step in our approach is to reduce spending in the tax code,” the president said.
He promised “to cut about $1 trillion in spending from the tax code.” Huh? It turns out that “cutting spending from the tax code” is Obama’s way of saying “tax hike.” You couldn’t tell by listening, but his plan is to raise taxes by $1 trillion by taking away things like home mortgage interest deductions from some taxpayers. -- Tax-hike code cracked - BostonHerald.com

Posted by Vanderleun at April 14, 2011 8:47 PM. This is an entry on the sideblog of American Digest: Check it out.

Your Say

Reading that makes my teeth hurt.

Posted by: james wilson at April 14, 2011 9:02 PM

How about some Executive branch revitaliztion through the Electoral College?

Posted by: Anonymous at April 15, 2011 1:05 AM

Push your state Legislators to pass a requirement that a birth certificate is necessary for inclusion on the ballot. Not every state has to do this, just a sufficient number to prevent winning the electoral college.

Posted by: Peccable at April 15, 2011 5:36 AM

This ought to make everyone happy.

Posted by: Jewel at April 15, 2011 7:33 AM

“The fourth step in our approach is to reduce spending in the tax code,”

The words are revealing and the double-speak is astonishing! If "reducing spending" in the tax code means higher taxes, then Obama believes that he and "our gubmint" own ALL of our labor and property.

I guess it's only by gubmint grace that we have anything left that is not confiscated.

Posted by: Denny at April 15, 2011 11:58 AM

Oh what the hell. Let's just give our government our paychecks. They won't stop until it happens.

I'm out. I refuse to file anymore. They know where to find me. I just don't care anymore.

Enough is enough.

Posted by: Cilla Mitchell at April 17, 2011 2:13 PM

"They know where to find me"

Cilla, you've got it right. Under communist dictators, one that hides possessions from theft is not a "tax cheat" but a justified revolutionary.

Posted by: Denny at April 18, 2011 7:20 AM

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