Your taxes are the lowest they've been in 30 years
 

Despite lies that Obama has raised taxes, that simply is not true. The below is also the reason we have a massive deficit.

http://www.washingtonpost.com/busine...bbW_story.html

In 2009, Americans paid lowest tax rates to Federal Government in 30 years

Americans paid the lowest tax rates in 30 years to the federal government in 2009, due in part to tax cuts sought by President Obama to combat the Great Recession, congressional budget analysts said Tuesday.

A sharp decline in income — especially among the wealthiest Americans, who pay the highest tax rates — also played a role, according to the report by the nonpartisan Congressional Budget Office. Household income fell 12 percent on average from 2007 to 2009, with income among the top 1 percent of earners falling by more than a third.

Still, at the very moment anti-tax protesters were emerging as the most powerful force in American politics, handing Republicans landslide control of the U.S. House, the data show that people were sending the smallest portion of their income to the federal government since 1979.

During Obama’s first year in office, the average tax rate paid by all households fell to 17.4 percent, down from 19.9 percent in 2007, according to the CBO. The 2009 rate was significantly lower than the previous low of 19.4 percent in 2003 and well below the 30-year average of 21 percent.

The tax burden — which includes all forms of federal levies, including income, payroll and corporate taxes — lightened for households across the board, thanks in part to Obama’s signature “Making Work Pay” tax credit and other tax cuts passed as part of the 2009 economic stimulus package, the CBO said.

Continued, more detail at:
http://www.washingtonpost.com/busine...bbW_story.html

One of my now former employees has the lowest tax rate she has ever had, she was laid off yesterday. I will have a much lower tax rate this year because I am making less, way less.

The Republicans say that's your own fault. You need to work harder.

I didn't need to work harder for the 5 years my companies were growing though. Prior to the last two that is.

Which has nothing to do with the tax rates of our country currently being the lowest in 30 years, because it's an outright lie that "Obama raised taxes".

This says 2009 over and over. Are those the policies of President Obama? So he managed not to ruin a good thing his first 11 months in office. Huzzah!

President Obama has not raised taxes. That is a lie. President Obama has lowered taxes. Business and personal taxes are the lowest they've been in 30 years under the Obama administration.

How about deficit spending? The deficit itself? None of that would be his fault though, even with his remarkably low tax structure...

Show everyone where exactly the President has lowered taxes please.

Are you a joke?

Click on the link in the first post in this thread - you know, it's the subject of the thread - and read the article.

I do not want to read anymore "as part of's" or "included in the legislature". You said Obama lowered taxes. I say lower income makes it look that way. Show me the lowering of taxes and changing of the tax code you are claiming.

If you're too lazy to read the article I posted containing the facts and figures that support the claim that started the thread, that's your problem.

I suggest that you post the specific portions of our tax structure, included within the article, that you say the Washington Post is lying about.

You are a joke - you come into a thread, you refuse to read the evidence, and you choose to look like a clown saying, "I demand evidence!" The evidence is there for lazy you to click on. You don't want to. Too bad for you. That doesn't make the claim false because you refuse to read it. Rather, it makes you look absolutely ridiculous.

You are a joke, and I am not the only that feels that way.
If you are talking about going three levels deep in links to find the real story and how this actually looks.
http://www.washingtonpost.com/wp-dyn...121606200.html
We are once again talking about this President greatest asset being his ability to continue the actions of his predecessor.

And believe me, alot of us talk about you behind your back on Derby Trail, too. Right now, it's the way you have trolled this thread.

If you want to continue to discuss the subject of the thread - which is the tax cuts this president has indeed given - you need to read the article I posted which has a link in the first paragraph to those very tax cuts.

And you can then point out which specific tax cuts this President has signed into law, which have indeed lowered the business and personal tax rates to historic 30-year lows - are lies and not true. Be specific. The subject of this thread is, "Your taxes are the lowest they've been in 30 years", and that Obama has indeed, factually, cut tax rates, not raised them. I posted the details to support it. If you say that's a lie, step up and show how.

Behind the back, typical. I was referring to out front and forthright statements about one's inability to see, hear or learn anything that contradicts what you BELIEVE to be true.

Glad to know there is a hidden network talking in private about me. Very cool for all of you.

This thread is about Obama having cut taxes, making the tax rate the lowest in 30 years. You want to discuss that? Do so. You want to dish out insults? Be prepared for others to respond in kind back at you, and I would suggest not whining about it when it happens. If you are incapable of doing either, please leave the thread.

You come on this thread, and you start demanding proof and changing the subject, but you don't even have the common courtesy to read the article the thread is about, linked in the first post. Posts later, you demand "show me proof" where Obama lowered taxes, when it was posted in the first post in this thread. You don't deserve to be taken seriously, or with respect on this thread.

A sharp decline in income — especially among the wealthiest Americans, who pay the highest tax rates — also played a role, according to the report by the nonpartisan Congressional Budget Office. Household income fell 12 percent on average from 2007 to 2009, with income among the top 1 percent of earners falling by more than a third.


^ from the article posted by Riot.

sounds wonderful, completely wonderful. Good news from Obama.

:zz: Obama didn't put this country into the Great Recession, did he?

Good thing you do not live in Ct..Tax-a-geddon over here

I hear ya, my best friend lives near Hartford and moans all the time about taxes...buys his booze out of state among other things...only good thing is he is close to Foxwoods...or is that a bad thing?:zz: