Obama’s Tax Cuts Raise Taxes Starting At $25,000; Small Businesses Equally Screwed *UPDATED*

Posted on October 13, 2008 by Mike Parrish

Arithmetically Challenged

Sorry, I don’t have time tonight to pontificate. I’m on a special assignment.

Question: Barack Obama said if the economy is weak he’d consider delaying his tax proposals. Isn’t that an admission that his tax plan only serves to limit economic growth regardless?

Just be sure to read this if you think Obama will actually be cutting your taxes: Obama’s 95% Illusion.

Those of us in the reality-based community have known this all along: Obama will give you a welfare check and then raise your taxes by letting the Bush tax cuts expire. All this magic starts at just $25,000 a year courtesy of The Chosen One.

Now read this if you own a small business, just read this: Obama’s Tax Plan and Small Businesses.

Wake up before it’s too late. As Rush said today, “This isn’t about ‘gross’ or ‘net’ [earnings], this is about [being] ’screwed’ or ‘free’.”

By a margin of 4-11%, depending on the poll, Americans are in favor of being screwed by socialism. Coincidentally, Obama’s tax plan stands to benefit only about the same percentage of Americans.

Finally, more (shiny video, longer shinier video) evidence that Obama is a socialist with visions of income redistribution: