Kiss your Obama tax cuts away if you make under $250,000 – the $400 per year income tax

95% of Americans will see a tax cut under my plan – B. Hussein Obama. Those of you making under $250,000 per year will see a tax cut – B. Hussein Obama. Read my lips, NO NEW TAXES! – George H.W. Bush 41st POTUS. What do all these have in common? Lies! Thats what. Hussein Obama’s so called tax cuts to 95% of Americans is about to be thrown under the bus according to the Washington Times:

The deal currently on the table foresees the expiration of Mr. Obama’s signature “Make Work Pay” tax cut after 2010. The Obama tax cut reduced income taxes by $400 a year for most workers, the Associated Press reported.

The budget also is expected to end former President George W. Bush’s tax cuts for middle-class and wealthy Americans, though Mr. Obama’s proposals to make the rich pay more by eliminating income tax deductions for charitable gifts and mortgage interest reportedly were nixed.

How to deal with health care reform, which is still on the drawing board in Congress, was considered a critical sticking point in the budget talks. While lawmakers will continue to work on a bill through regular legislative channels, they now have the option of attaching health care reforms to the budget if they fall short.


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