Just in time
The speed of the Obama administration is something to behold. It’s only been 2 months and he’s managed to spend a whopping $2,290,000,000,000 ($2.29 trillion).That’s about 45 billion a day! It took the U.S. government 191 years from its start to rack up its first trillion dollars and Obama more than doubles it in less time than it takes a German roach to infest a kitchen. Our hats off to you ‘O’.
While each American citizen is on the hook for about $36,000.00 Obama is feverishly trying to increase our tax burden. I’m sure he’d like to just come right out and take it and so far he’s done a pretty good job of that. No, this time he’s trying the proven method of ‘stealth taxes.’ One of the chosen vehicles for now is a high tax on cigarettes,evil no good health robbing cancer sticks, no one should mind this, right? Tell that to a law abiding, taxpaying smoker. Another tax being bandied about is on ‘green house gases’ which has not been adopted yet but most believe it will result in c02 taxes on energy use not only from your car but everything you use to light up a room or travel in. This could cripple our already lame economy and something Bush turned back twice when it was called the Kyoto Protocol. Since then by the way, the United States c02 emissions have fallen by 3%. Another ‘atta boy’ to George Bush.
Obama’s sense of timing is almost laughable. It’s as if he knows what he’s saying is a lie and that most Americans don’t buy it, but why should he care? He’s got the bully pulpit and a permanent spot for his teleprompter so he’ll just throw it out there and let his media do the spin game for him.
Never before in our history has a tax cut taken effect faster or gone to so many hardworking Americans,” Obama said in his weekly video and radio address.
That said Obama knows that all the above FACTS will be overlooked or forgotten. This one sound bite will hit the papers,(what’s left of them) and all the major news outlets and that’s all most Americans will hear and believe.
This so called tax cut results in a $65.00 per month decrease in your taxes. This means you’ll have $15.00 extra dollars per week in your pay checks. Now be good little minions and get out there and stimulate that economy.
The sad irony of this supposed tax cut that will help heal the nation, becomes law on April 1st, 2009; otherwise known as April Fool’s day. Just in time ‘O’, just in time.



November 23rd, 2009 at 3:52 am
I’ve been active in taxes for lengthier then I care to acknowledge, both on the individual side (all my employed lifetime!!) and from a legal standpoint since satisfying the bar and following tax law. I’ve furnished a lot of advice and corrected a lot of wrongs, and I must say that what you’ve posted makes utter sense. Please persist in the good work – the more individuals know the better they’ll be outfitted to handle with the tax man, and that’s what it’s all about.