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07-09-2010, 01:18 PM #1
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Obama’s economic terrorism fully unleashed in 2011
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€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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