Barack Obama and his band of thieves, the Democratic party has gone after the poorest of the poorest with a huge tax increase in 2011. All you have to do is look at page 42 of this tax table booklet:
2011 Tax Tables, see page 42
and compare that tax table to page 45 at this link to a 2010 tax table booklet:
2010 Tax tables, see page 45
And you will see a huge tax increase on those with the lowest income. There are many new tax brackets and much larger taxes against those within those tax brackets.
For example: If an employee is Single and earns $230 over a two week period, no taxes are withheld in 2010. In 2011, taxes are withheld if the employee earns only a $100. And those that made $240 in 2011 have 16 TIMES the amount of taxes withheld compared to 2010.
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1 comment:
I got bit and I pulled in 11,000. Oh well, 2012.
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