To those of you who thought Obama would keep his promise that “not one tax” would be raised on anyone making less than $250K/year we say, you are one of those under-informed voters that does not have our sympathy. Stupid is as stupid does and believing anything this guy says — well you do it at your own peril.
As this article explains, Middle Class Earners Making $30K will take a bigger hit on their pay than those earning $500,000 under new fiscal deal.
“Middle-class workers will take a bigger hit to their income proportionately than those earning between $200,000 and $500,000 under the new fiscal cliff deal, according to the nonpartisan Tax Policy Center.
Earners in the latter group will pay an average 1.3 percent more – or an additional $2,711 – in taxes this year, while workers making between $30,000 and $200,000 will see their paychecks shrink by as much as 1.7 percent – or up to $1,784 – the D.C.-based think tank reported.
Overall, nearly 80 percent of households will pay more money to the federal government as a result of the fiscal cliff deal.”
There is a price for electing a man like this… and now you’re paying it.