Expiration of 2001 and 2003 Tax Relief, Personal income tax rates will rise

Obama’s economic terrorism fully unleashed in 2011

By Jim Campbell
Thursday, July 8, 2010

In just six months, the largest tax hikes in the history of America will take effect. They will hit families and small businesses in three great waves on January 1, 2011: http://www.jct.gov/publications.html?fu ... wn&id=3646

First Wave: Expiration of 2001 and 2003 Tax Relief

Under President George W. Bush, in 2001 and 2003, the GOP Congress enacted several tax cuts for investors, small business owners, and families. These will all expire on January 1, 2011:

Ever the ideologue, President Barack Hussein

Obama will not leave the tax cuts in place, he will let them expire and allow a vast array of new taxes to burden the American taxpayer. http://thehill.com/homenews/house/80133 ... tough-sell

His inept leadership and agenda will likely lead to a double dip recession, more unemployment, a shrinking GDP, small business failures, and movement of more jobs from America. http://online.wsj.com/article/SB1000142 ... 66808.html

Video: Herman Cain explains why Socialism doesn't work http://www.youtube.com/watch?v=MIKByBoM ... r_embedded

Interestingly, he won’t be “spreading the wealth aroundâ€