Happy New Tax Year, America!
Good day, my fellow Americans, also referred to by many as Taxpayers. Well, my dear, Taxpayers, you will be happy to know that the House did pass legislation (H.R. 4213) that would have extended 63 current tax provisions. That was a comfort until I learned that the Senate failed to find the time to vote on it. Which means that at midnight last night, while many were celebrating with song and merriment, those tax provisions died along with 2009. According to Tax Notes that includes:
* Deduction of state and local general sales taxes (section 164) (Personal Tax Incentives)
* Additional standard deduction, up to $500 for individuals and $1,000 for couples, for state and local property taxes (section 63) (Personal Tax Incentives)
The Senate spent so much wasted time and energy on healthcare reform that was not even wanted by a majority of Americans and failed to act on important tax legislation, that effects a vast majority of us. These additional key tax provisions will expire:
* Increased exemption levels for the individual alternative minimum tax (section 55) and personal tax credits allowed against the AMT (section 26)
* Exclusion of unemployment compensation benefits from gross income (section 85)
* Alternative fuel mixture tax credit (section 6426(e))
* Reduced estimated tax payments for small businesses (section 6654)
Again, the Obama Goof Troop has succeeded in raising the taxes of every American Again, the American's had no idea that it was coming. And once again, we are seeing more and more how murky and dirty the view through the looking glass has become in this new transparent administration.
And moving on to another subject. The new year of strong security. Yeah, right! The country's security has been so "spy-shy" while ignoring the warnings that came in weeks before the botched attempt of a reported terrorist youth. His own father alerted the US Embassy that his son was planning a suicide mission, yet this son was ignored and allowed to fly. The only reason that this sad, brain-washed child didn't succeed is because an ordinary American passenger, jumped the flaming terrorist, placing himself in danger. This hero saved over 250 lives and got a nice burn in the process. Obama's response was laughable and weak as he reported that the young man "allegedly" tried to set off a bomb. Allegedly? How can it be described as allegedly when it was witnessed by many and one person actually jumped into the fire. Does that mean that the hero was allegedly burned?
Allegedly reportedly means asserted but not yet proven to have taken place. It also means supposedly or purportedly. According to those definitions, those passengers and the Hero were all suffering from some mass delusion when they heard the pop and saw the fire and smoke. Obama said that it allegedly happened. How does that make the Hero feel as he is suffering with the horrible pain of third degree burns? What a slap in the face it must have been to hear that this was supposedly an attack but not yet proven.
- -- Posted by mhbouncer on Fri, Jan 1, 2010, at 1:34 PM
- -- Posted by MsMarylin on Fri, Jan 1, 2010, at 3:18 PM
- -- Posted by OpinionMissy on Sat, Jan 2, 2010, at 10:39 AM
- -- Posted by mhbouncer on Sun, Jan 3, 2010, at 11:49 PM
- -- Posted by midea on Wed, Jan 6, 2010, at 12:20 PM
- -- Posted by clam chowder on Wed, Jan 6, 2010, at 3:18 PM
- -- Posted by midea on Wed, Jan 6, 2010, at 5:16 PM
- -- Posted by OpinionMissy on Thu, Jan 7, 2010, at 11:53 AM
- -- Posted by mhbouncer on Fri, Jan 8, 2010, at 9:17 AM
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