Wednesday, February 9, 2011

'I Didn't Raise Taxes Once' ; Refreshing the President's memory..

Wall Street Journal  "As for tax increases on individuals, perhaps he forgot the health-care bill's new 0.9 percentage point increase in the Medicare payroll tax for families making over $250,000 and singles over $200,000. That tax increase takes effect in 2013, as will the application of what will be a 3.8% Medicare surtax (up from 2.9% today) to "unearned income" for the first time. This is a tax hike on investment and interest income, which will reduce the incentive to save and invest."

There's this snarky little video done by an amateur.

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