Oh ho ho ho, all those Teabaggers with their “Where’s MY bailout?” signs will have to climb out of their microtards and STFU because President Obama is going to save Main Street, finally, now that Main Street has foolishly elected a naked Republican with clamshelled daughters because everyone is so distressed with Wall Street. So: how will President Obama “help the middle class”? TAXCUTSTAXCUTSTAXCUTS.
Also, a few inexpensive programs for the Olds and the Childrens:
For example, the president is calling on Congress to nearly double the child care tax credit for families earning less than $85,000 — a proposal that, if adopted, would lower by $900 the taxes such families owe to the government. But the credit would not be refundable, meaning that families would not get extra money back on a tax refund.
Another of the president’s proposals, a cap on federal loan payments for recent college graduates at 10 percent of income above a basic living allowance, would cost taxpayers roughly $1 billion. The expanded financing to help families care for elderly relatives would cost $102.5 million — a pittance in a federal budget where programs are often measured in tens if not hundreds of billions of dollars. And the automatic paycheck deduction program would simply be a way to encourage workers to save, and would include tax credits to help companies with administrative costs.
So this is the president’s much-anticipated descent into craven populism, now that the banks have officially and for the last time shat in his soup! Now comes the leftward lurch, the descent into Soviet-style social engineering, the wanton flinging about of tax credits and automatic paycheck deduction programs. Your Wonkette will be moving to Cuba, where people at least admit they’re communists.
Obama to Offer Aid for Families in State of the Union Address [New York Times]
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I predict an unfettered red terror rampaging the land within a week. Don’t you know Karl Marx listed “child care tax-credits” as part of his 10-point program in the Communist Manifesto.
There’s my ballz out.
Personally, I’d rather that Barry just make it legal for the poors to pound Wall St bankers, stock brokers and financial analysts with sacks of padlocks or rocks if you’re too poor to have padlocks.
wow — 100 million to help families care for elderly relatives. That means each of us gets $1.26 per year (assuming out year appropriations) for each elderly relative (split evenly among all children of such relative). Don’t spend it all in one place.
Republicans to denounce Obama’s proposal to “double the child care tax” in 3…2…
At least Obama will go into details about these plans in Wednesday’s State of the Collective address.
Doubling the per child tax credit is a stupid waste. My guess is that it will be paid for by increasing the tax on singles like was done to pay for the last child credit increase.
We’ve been giving out these so-called tax credits of one kind or another for the last two decades and it’s done jack shit for the economy. Jobs are still disappearing, health care costs are soaring along with tuition.
It’s more pandering, political slight of hand that does nothing but make the country worse off. Obama is becoming more of a disappoint by the day.
Harvey Birdman would be a more appropriate backdrop.
Pshaw. It’s not a “tax cut” if it involves poors, rugrats, or olds.
This is a great idea. We simultaneously give people fewer services while we also defund those services, making them less efficient. When enough people die, we’ll run out of tax cuts and won’t be able to defund health care services anymore, so we’ll have to close it down. Freedom!
You know who really needs help in this country? The middle class. Because they are, by definition, doing comfortably well and therefore in need of federal assistance.
And this will reassure the teabaggers how exactly? They obviously do not have children in communist “child care” nor is it likely that any of them have college loans.
Before Rand Paul, before even Ron Paul, there was another batshit crazy how-far-to-the-fucking-right can you go? candidate whose initials were RP.
Now, there was one thing that ol’ Ross even-a-blind-pig-finds-an-acorn-once-in-a-while Perot said that I agree with totally. That is, taxes are too darn complicated. Too many exemptions, too many things to be itemized. People shouldn’t need to go to H and R Block to figure it out.
What Obama is proposing is not a simplification.
Middle class is to median income what middle age is to median age.
For all the effect tax cuts will have on all the Murkans who aren’t making any money anyway, he might as well declare that the estate tax is being suspended for all those Haitians killed (by the ever-loving Christian god).
Let them eat tax credits… This will work for me, as long as I can claim my cat, chinchilla and seven fish as children.
I’m just happy I don’t have to miss Lost for this bullshit. And I hope Prez takes this as proof that all successful systems regulate themselves! Hands off!
These micro-incremental, hard-to-compute tax “cuts” will be at least as popular as the micro-incremental health insurance “reform” that apparently everybody got tired of all at once.
[re=500267]Ducksworthy[/re]: Teabaggers “home-school” their children. That is, Unemployed Mom watches teevee with the kids until they’re old enough to deal meth.
[re=500269]gurukalehuru[/re]: RuPaul?
That whole ‘Change’ thing was really about underwear, yes? Soviet style, even, as in ‘Ivan, you change with Boris..’.
Doesn’t Obama realize this will just lead to the feral cats, I mean Middle Class, having more children, he’s ignoring the true problem, he needs to follow Andre’s advice, and just let them wither and die.
Why don’t the bitter middle-aged teabaggers just homeschool their bitter old parents? Problem solved!
Could you please start recommending what kind of wine goes with posts like these?
Kthnxbye.
[re=500284]P Drizzle[/re]: All successful systems regulate themselves…
that’s why I drive with my eyes closed and my hands full of tater tots and whiskey.
Barry just needs to say “no taxes for anyone!”
Also, more bombs on -stan countries.
Party time!
[re=500339]Joshua Norton[/re]: You’re confusing Wonkette with these guys.
This all proves very much how Obama is really, really racist!
At this point, what is the political calculus that guides him opposing the legalization of marijuana, I wonder? It seems a cinch to bring in tax revenue. Old people might not like it, but they don’t like anything. It’s a stupid prohibition that enriches drug cartels.
Not much funny here. Sorry.
For the Motherland!
[re=500254]ManchuCandidate[/re]: We could mandate the purchase of padlocks, then provide a subsidy to low income individuals and families.
[re=500269]gurukalehuru[/re]: Ru Paul?
I don’t know…this ploy might actually work. The teabagger crowd will see “tax cut” and jizz their pants, not realizing that it either doesn’t really apply to them or will make next to no difference for them anyway. At least that’s how it worked when Bush did it.
[re=500387]liquiddaddy[/re]: Plus it sure would put a dent in all this Mexican Drug Cartel Wanton Destruction business. I wonder how we got this far without any semblance of logic.
[re=500339]Joshua Norton[/re]: Blended wines are best. Right now I’m on my third glass of Wild Boones Ripple and this shit just keeps getting FUNNIER.
[re=500401]RubberSoul[/re]: They don’t believe in tax cuts for the middle class. What they want is tax cuts for the rich. Do away with the death tax on billionaires. Barry might be better off if he started wearing a codpiece and talking gibberish. That worked for Bush. But it might be too scary on one so pigmented.
[re=500390]imissopus[/re]: За Родину!
FOX News chyron:
“MAN OF STEAL? Obama saves Poor Olds by screwing Rich Olds”
[re=500426]Ducksworthy[/re]: :This is so true, because after all, its the rich folks financing the teabaggers and soon all the repub political campaigns, since they also bought the Supreme Court. So offering the “people” benefits will not help Obama one bit with the Fox folks or the WSJ.
[re=500426]Ducksworthy[/re]: There ain’t no trickle down effect if the people given tax cuts can’t trickle that down to anyone. I mean, how will the economy survive if, due to a high tax rate on millionaires, bus boys in country clubs won’t be earning enough money in tips to survive on their below minimum wage salary?
There they go again! The government telling me how to spend my hard-earned money — taking care of the kids and the elderly parents — when all I want is a new 106″ flat screen TV to watch the late night wars and porn, lots o’ porn.
[re=500267]Ducksworthy[/re]: Teabaggers are, by definition, not “reassurable.”
[re=500401]RubberSoul[/re]: Doubt it. They will find some way to racialize this and spin it in the nastiest, most Scrooge-like fashion possiible. A tax cut meant to support child-care? Why are you having babies if you can’t afford to take care of them in the first place?
Yep, that’s just what the unemployeds need – a tax cut.
I have a shower that has leaked since a week after I bought my house in Arizona. Since water dripping in the desert tends to make libruls feel guilty, I’ve been trying to get it fixed. I’ve now had three so-called “plumbers” look at it and NONE OF THEM knows how to fix it. Forget this college-for-everybody shit and send some of these people to plumber school! Is this Nixon’s fault?
Good old Comrade Barry, really sticking it to those Bougie swine! Viva la pseudo-revolucion!
Everybody poses for that shot when they Metropolis (Illinois, near Cairo, pronounced likek the syrup).
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