Obama’s Budget: Almost $1 Trillion in New Taxes Over Next 10 yrs, Starting 2011


$338 billion – Bush tax cuts expire
$179 billlion – eliminate itemized deduction
$118 billion – capital gains tax hike

Total: $636 billion/10 years

2) Businesses:

$17 billion – Reinstate Superfund taxes
$24 billion – tax carried-interest as income
And the list of many more on businesses……Click here

If you don’t think that everyone from the rich down to the poor will be paying out more taxes and expensives then you better think again! People your cost of living is going to sky rocket!




(1) Tea Party photo album: Fiscal responsibility is the new counterculture

(2) “When I grow up I want to be free.”

(3) Scenes from the D.C. Tea Party; Updated, vid added


10 comments on “Obama’s Budget: Almost $1 Trillion in New Taxes Over Next 10 yrs, Starting 2011

  1. Thanks lukemcgook, there is also talk in Washington for a 10 cent per gallon Fed tax gas increase at the pumps! The American people just don’t understand what they have got themselves into by voting Obama in as president. Hard times ahead for poor and rich!

  2. He decided to tax the gas off shore and then tax the same gas at the pumps! Your mortgage and the economy has to wait! 🙂

  3. Just because people don not pay income tax does not mean that will not pay and pay dearly. Won’t some folks be surprised?

  4. Yes Tarheeltalker they will when that can of beans, heating oil, Elec heat and all the other products they need to live on goes sky high in prices. Now they also in some States talking about charging 10 cents for the plastic bag that the bag boy puts your food in at the store, they want you to bring cloth bags instead! With all thats taking place America is no longer America the free!

  5. I noticed today that the American government has approved many millions of dollars to help rebuild Gaza again.

    In lieu of the fact that 5 missles have landed in my city of Ashkelon in the past few days and many more have landed in other Israeli locals since the so called cease fire; it is probably likely that we will have to go back into Gaza to try and stop the bombing.

    During these times especially, I didn’t think the American people would be so anxious to throw more money down the drain.

    American taxpayers to give Gaza millions to rebuild, Gaza to continue bombing Israel, Israel to retaliate by destroying Gaza’s government facilities…………American taxpayers to give Gaza Millions to rebuild………..and the circle continues.

    Dear American taxpayers, why don’t you wait till Hamas stops bombing Israel before you waste your money?

  6. Sorry for your troubles, but keep in mind that American taxpayers are not currently in charge of their government.

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