So let's get this straight:
* The Republicans are eliminating the state income tax deduction from our federal income tax - yet allow corporations to deduct their state income tax.
* The Republicans are reducing the amount of money you can add to your 401k down to only $2,400 per year - which means if you save $2,400 per year for 20 years you'd get $48,000 - assuming that there would be no major market loses in the intervening time.
* There is now a proposal in the process of being introduced, to eliminate the mortgage deduction from our income taxes - which will directly impact folks who have a mortgage.
*Medicaid and Medicare will be reduced to a voucher system only.
* Obamacare is on its way out, with premiums likely to increase as much as 20 times over what folks have been paying
* Social Security is also to get yet a drastic reduction, with a movement by the extreme right folks wanting to abolish it altogether.
* After school and lunch programs are now being eliminated, while public health support is a thing of the past. Expect to see more teen pregnancy, households going into debt or bankruptcy, and the quality of public education disappear.
Wall Street is not happy about this 401k reduction, while the housing financiers are basically asking 'WTF?" as it's sure to cripple the housing market. But for major financial houses and folks with money it's a free for all as they'll clean up on folks selling their homes. Meanwhile, the health insurance companies are quietly freaking out as they're not going to get their money and folks expecting to get something for their retirement are going to find that there's going to be no retirement - unless you're rich.
The wealthy 1% are still getting 80% of the tax cuts.
The planned increase of $1000 on your federal income tax return will not begin to pay for privatized services you will need or the loss of income from state taxes and deductions, not to mention the loss of government services that protect water, air and food.
Wake up people: it's class warfare. It's your future and your children's future that's being destroyed.”
Copy and paste my friends.’’
* The Republicans are eliminating the state income tax deduction from our federal income tax - yet allow corporations to deduct their state income tax.
* The Republicans are reducing the amount of money you can add to your 401k down to only $2,400 per year - which means if you save $2,400 per year for 20 years you'd get $48,000 - assuming that there would be no major market loses in the intervening time.
* There is now a proposal in the process of being introduced, to eliminate the mortgage deduction from our income taxes - which will directly impact folks who have a mortgage.
*Medicaid and Medicare will be reduced to a voucher system only.
* Obamacare is on its way out, with premiums likely to increase as much as 20 times over what folks have been paying
* Social Security is also to get yet a drastic reduction, with a movement by the extreme right folks wanting to abolish it altogether.
* After school and lunch programs are now being eliminated, while public health support is a thing of the past. Expect to see more teen pregnancy, households going into debt or bankruptcy, and the quality of public education disappear.
Wall Street is not happy about this 401k reduction, while the housing financiers are basically asking 'WTF?" as it's sure to cripple the housing market. But for major financial houses and folks with money it's a free for all as they'll clean up on folks selling their homes. Meanwhile, the health insurance companies are quietly freaking out as they're not going to get their money and folks expecting to get something for their retirement are going to find that there's going to be no retirement - unless you're rich.
The wealthy 1% are still getting 80% of the tax cuts.
The planned increase of $1000 on your federal income tax return will not begin to pay for privatized services you will need or the loss of income from state taxes and deductions, not to mention the loss of government services that protect water, air and food.
Wake up people: it's class warfare. It's your future and your children's future that's being destroyed.”
Copy and paste my friends.’’
Copied and pasted from Barry R. Hill. My comment: by the time the "conservatives" who support the republican agenda wake up to the fact that they too will be hurt by it, it'll be too late.
No comments:
Post a Comment