Tuesday, April 14, 2009

Teabaggers need to get a clue

I am really getting pissed off with this whole idiotic Republican "Teabagger" movement. It is a dishonest campaign of misinformation and it's time for the facts to come out.

Here you have a bunch of rich Republican hacks, lying to an ignorant minority about a tax increase that will not affect a full 97 percent of the population.

Here are the facts:

* The Obama Administration is planning on letting the Bush tax cuts expire in 2011.
* This means that the tax rate for Americans earning over $250,000 a year will increase 3.6% from 36% to 39.6%. Furthermore, Americans making over $200,000 a year will see an increase of 2% from 33% to 35%.

So to recap, if you make under $200,000 a year you will see ABSOLUTELY NO TAX INCREASE. At most, the richest Americans will see an increase less than four percent.

Nationally, this increase will hit less than 3% of the population.

Yet to listen to these GOP hacks you would swear that the British were coming and they could kiss their money good bye.

You really have to hand it to these Republican Governors. The hubris on their part to deny much-needed stimulus aide to their people, while rallying them against a tax policy that benefits much of the state is remarkable.

Check out Texas Governor Rick Perry today, talking secession in the Lone Star State:



Un-F'n-believable.

So what is Perry talking about?

Texas
Percentage of population earning over $200,000 a year: 3.9%
Amount of aid Governor is costing the state through rejecting stimulus funds: $5.13 Billion (2nd overall).

Ok so let's see if I get this, in Texas less than 4 percent of the population will see a maximum 3 percent tax increase?

Ohhhh the horror!

Meanwhile, if you look past that 3.9 percent in Texas that make over $200K a year, the median income is a paltry $47,548/year - good for 28th in the nation. So with half of his state making less than $47,548/year, Rick Perry has shown that he is more concerned with thee 3.9 percent making more than $200,000.

What a joke.

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