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Well..... now that the math is done and President

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Post# of 65629
(Total Views: 101)
Posted On: 01/12/2018 3:17:02 PM
Posted By: Bhawks
Quote:
Well..... now that the math is done and President Trump has done more good for American and Americans in 1 year than Obama bin Ladin did in 8 years the



Contra-factual as usual. I'll be that the Stimulus tax cuts of '09 end up being higher for the same people affected by them in '09..

Also, under Obama everyone who kept their cool participated in the most sustained increase in stock market valuations in American history.

Hopefully, you moved from that low-paying hourly job you had, HOT, into something more lucrative, because of the longest consecutive months of new job creation....in American History.

Were you asleep or drunk while all of those verifiability accurate events unfolded?


Quote:
Tax cut for 95 percent? The stimulus made it so

By Angie Drobnic Holan on Thursday, January 28th, 2010 at 12:02 a.m

http://www.politifact.com/truth-o-meter/state...ade-it-so/


President Barack Obama talked a lot about economic recovery during his State of the Union address on Jan. 27, 2010, including the benefits of the economic stimulus bill passed last year.

The stimulus, formally known as the American Recovery and Reinvestment Act, included tax cuts for many Americans, Obama said.

"We cut taxes. We cut taxes for 95 percent of working families. We cut taxes for small businesses," Obama said. "We cut taxes for first-time homebuyers. We cut taxes for parents trying to care for their children. We cut taxes for 8 million Americans paying for college."

Democrats applauded, while Republicans were silent for the most part. In one of the unscripted moments of the night, Obama looked at the Republican side of the room, smiled and said, "I thought I'd get some applause on that one."

Here, we wanted to check Obama's statement that he cut taxes for 95 percent of working families.

The key word in his statement is "working." Obama's claim is based on a tax cut intended to offset payroll taxes. Under the stimulus bill, single workers got $400, and working couples got $800. The Internal Revenue Service issued new guidelines to reduce withholdings for income tax, so many workers saw a small increase in their checks in April 2009.

The tax cut was part of Obama's campaign promises. During the campaign, Obama said he wanted $500 for each worker and $1,000 for working couples. Since the final number was a bit less than he promised, we rated his promise a Compromise on our Obameter, where we rate Obama's campaign promises for fulfillment.

During the campaign, the independent Tax Policy Center researched how Obama's tax proposals would affect workers. It concluded 94.3 percent of workers would receive a tax cut under Obama's plan based on the tax credit to offset payroll taxes. According to the analysis, the people who wouldn't get a tax cut are those who make more than $250,000 for couples or $200,000 for a single person. Obama said he intended to raise taxes on those high earners, a promise he reiterated during the State of the Union, and that revenue would offset the stimulus tax cut.

Because the stimulus act did give that broad-based tax cut to workers, we rate Obama's statement True.



Quote:
Well..... now that the math is done and President Trump has done more good for American and Americans in 1 year than Obama bin Ladin did in 8 years the LIBTARDS gotta be happy. I mean .....after all .....that is what the LIBTARDS want is for America and Americans to prosper and be more self dependent. Ummm no ....I forgot ....LIBTARDS don't want America or Americans to prosper or be self dependent. OOPS !! JUST FACTzzzzz!! BAM !!








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