When Obama increasing taxes for everyone who pays taxes it will not be called a tax increase.

Obama’s tax plan in spite of his claims that he will not increase taxes on anyone over $250,000 are a bald faced lie. The Democratic party has no plans to continue the Bush tax cuts after they expire and that will instantly raise taxes across the board for taxpayers at all levels. It will be the largest tax increase in history and the only ones who will escape from those tax increases are those who now pay no taxes at all. They claim it will not be a tax increase because the Bush cuts had an expiration date unless they were renewed. But when government taxes more of your money you will certainly known that you had a tax increase.

So if you want to be a sucker and vote for the the tax and spend party at least know what in the hell your voting for and what the Democrats plan to do. Their no tax increase tax increase will be largest tax increase in the history of this nation. Take that kind of money out of the taxpayers pockets in an an economic downturn and you will put the nation into a long term depression. Then when you stand in the soup line because you have no job your poverty level tax rate will be the least of your worries.

Of course this is just some of what we know about, you can be sure they will come up with other plans to take from the working to give to support the underclass of government slaves that they created with their past Democrat socialists policies.

American Thinker: Senator Obama’s Four Tax Increases for People Earning Under $250k

The first loophole was easy to find: Senator Obama doesn’t “count” allowing the Bush tax cuts to lapse as a tax increase. Unless the cuts are re-enacted, rates will automatically return to the 2000 level. Senator Obama claims that letting a tax cut lapse — allowing the rates to return to a higher levels — is not actually a “tax increase.” It’s just the lapsing of a tax cut.

See the difference?

Neither do I.

When those cuts lapse, my taxes are going up — a lot — but by parsing words, Senator Obama justifies his claim that he won’t actively raise taxes on 95 percent of working Americans, even while he’s passively allowing tax rates to go up for 100% of Americans who actually pay Federal income taxes.

Making this personal, my Federal Income Tax will increase by $3,824 when those tax cuts lapse. That not-insignificant sum would cover a couple of house payments or help my two boys through another month or two of college.

No matter what Senator Obama calls it, requiring us to pay more taxes amounts to a tax increase. This got me wondering what other Americans will have to pay when the tax cuts laps

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