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	<title>Comments on: Obama Says No To Middle Class Tax Increase</title>
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	<description>Paying taxes is painful... but reading about them shouldn&#039;t be.</description>
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		<title>By: Scott Lovingood</title>
		<link>http://www.taxgirl.com/obama-says-no-to-middle-class-tax-increase/comment-page-1/#comment-11135</link>
		<dc:creator>Scott Lovingood</dc:creator>
		<pubDate>Tue, 04 Aug 2009 03:08:47 +0000</pubDate>
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		<description>Oh and don&#039;t forget the the health benefits tax that small business will have to pay and then pass along to their customers..

When inflation comes, it will be huge but will probably be a couple of years before it truly hits.  Higher interest rates will cost all of us including those with debt, looking for loans, small business looking to expand.  

I am always amazed that a politician has the gall to say no new taxes.  If people only knew how many people qualify for EITC and pay ZERO income tax and usually the equivalent of no SS tax as well.

And of course we have the New Homeowners credit and Cash for Clunkers so we can help people to buy homes and cars with no discussion on helping those who have bought a home, paid their mortgage on time, and been a respectable tax paying citizen.</description>
		<content:encoded><![CDATA[<p>Oh and don&#8217;t forget the the health benefits tax that small business will have to pay and then pass along to their customers..</p>
<p>When inflation comes, it will be huge but will probably be a couple of years before it truly hits.  Higher interest rates will cost all of us including those with debt, looking for loans, small business looking to expand.  </p>
<p>I am always amazed that a politician has the gall to say no new taxes.  If people only knew how many people qualify for EITC and pay ZERO income tax and usually the equivalent of no SS tax as well.</p>
<p>And of course we have the New Homeowners credit and Cash for Clunkers so we can help people to buy homes and cars with no discussion on helping those who have bought a home, paid their mortgage on time, and been a respectable tax paying citizen.</p>
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		<title>By: Angela</title>
		<link>http://www.taxgirl.com/obama-says-no-to-middle-class-tax-increase/comment-page-1/#comment-11133</link>
		<dc:creator>Angela</dc:creator>
		<pubDate>Tue, 04 Aug 2009 02:40:56 +0000</pubDate>
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		<description>So except for the tobacco tax, the cap &amp; trade taxes and the soda tax, there won&#039;t be any taxes on the middle class. Heh.

I  suspect the national debt will  be paid down with inflation - only a problem for the pesky savers and the folks retired on fixed incomes, right?</description>
		<content:encoded><![CDATA[<p>So except for the tobacco tax, the cap &amp; trade taxes and the soda tax, there won&#8217;t be any taxes on the middle class. Heh.</p>
<p>I  suspect the national debt will  be paid down with inflation &#8211; only a problem for the pesky savers and the folks retired on fixed incomes, right?</p>
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		<title>By: Scott Lovingood</title>
		<link>http://www.taxgirl.com/obama-says-no-to-middle-class-tax-increase/comment-page-1/#comment-11128</link>
		<dc:creator>Scott Lovingood</dc:creator>
		<pubDate>Mon, 03 Aug 2009 23:24:30 +0000</pubDate>
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		<description>So has Obama talked to any good economists on what his tax increases, increased social programs, and tremendous increase in national debt is going to do to the middle class?

It will be interesting to see how things evolve with his proposals or how to pay for them.</description>
		<content:encoded><![CDATA[<p>So has Obama talked to any good economists on what his tax increases, increased social programs, and tremendous increase in national debt is going to do to the middle class?</p>
<p>It will be interesting to see how things evolve with his proposals or how to pay for them.</p>
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