Economics Magazine

Poetic Justice: Shocked Obama Supporters Discover Their Taxes Went Up

Posted on the 07 January 2013 by Susanduclos @SusanDuclos

By Susan Duclos

Poetic Justice: Shocked Obama Supporters Discover Their Taxes Went Up
One difference between those that voted for Obama and those that did not, is that those that did not vote for Obama are not surprised in the least that in the fiscal cliff deal, taxes went up, not only for the so-called rich, but for 77 percent of all American workers.
Via Bloomberg:
The budget deal passed by the U.S. Senate today would raise taxes on 77.1 percent of U.S. households, mostly because of the expiration of a payroll tax cut, according to preliminary estimates from the nonpartisan Tax Policy Center in Washington.
More than 80 percent of households with incomes between $50,000 and $200,000 would pay higher taxes. Among the households facing higher taxes, the average increase would be $1,635, the policy center said. A 2 percent payroll tax cut, enacted during the economic slowdown, is being allowed to expire as of yesterday. 

One percent of households, or those with incomes over $506,210, would pay an average of $73,633 more in taxes.
80 percent of households making between $50,000 and $200,000 will pay an additional average of $1,635 in taxes withheld from their paychecks.
Also, according to the nonpartisan Tax Policy Center in Washington, the tax burden will increase more for someone making $30,000 a year (1.7 percent) than it does for someone earning $500,000 annually (1.3 percent).
Conservatives making  $50,000 and $200,000, that are now seeing smaller paychecks, are suffering as much as liberals making equal amounts, but the conservatives are definitely not surprised. On the other hand, Obama supporters, are expressing anger, shock and outrage over Washington's fingers snatching more money from their paychecks.
Obama supporters believed the statement below, conservatives did not.
“I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.”---- ” Barack Obama, September 2008. “
 Joseph Curl over at Washington Times visited one of the most liberal websites on the Internet and reports on some of the shocked outrage by Obama supporters.
“What happened that my Social Security withholding’s in my paycheck just went up?” a poster wrote on the liberal site “My paycheck just went down by an amount that I don’t feel comfortable with. I guarantee this decrease is gonna’ hurt me more than the increase in income taxes will hurt those making over 400 grand. What happened?”
“My boyfriend has had a lot of expenses and is feeling squeezed right now, and having his paycheck shrink really didn’t help,” wrote “DemocratToTheEnd.”

Now of course, some obamabots can't bring themselves to blame Obama because they reelected him despite the fact that Mitt Romney and Republicans warned them Obama was going to raise their taxes, and they cannot cast the blame on Republicans because the GOP has been extremely vocal in the battle to extend all tax cuts, but they lost.
So those Obama supporters found someone else to blame:
“BlueIndyBlue” added: “Many of my friends didn’t realize it, either. Our payroll department didn’t do a good job of explaining the coming changes.”
It is the payroll departments fault.
Some in the thread argued that the new tax — or the end of the “holiday,” which makes it a new tax — wouldn’t really amount to much. One calculated it would cost about $86 a month for most people. “Honeycombe8,” though, said that amount is nothing to sneeze at.
“$86 a month is a lot. That would pay for … Groceries for a week, as someone said. More than what I pay for parking every month, after my employer’s contribution to that. A new computer after a year. A new quality pair of shoes … every month. Months of my copay for my hormones. A new thick coat (on sale or at discount place). It would pay for what I spend on my dogs every month … food, vitamins, treats.”

Now, even before Obama is inaugurated for his second term, to which these very people are completely responsible for, they are already expressing buyer's remorse:
“Really, how am I ever supposed to pay off my student loans if my already small paycheck keeps getting smaller? Help a sister out, Obama,” wrote “Meet Virginia.” “Nancy Thongkham” was much more furious. “F***ing Obama! F*** you! This taking out more taxes s*** better f***ing help me out!! Very upset to see my paycheck less today!”
“_Alex™” sounded bummed. “Obama I did not vote for you so you can take away alot of money from my checks.” Christian Dixon seemed crestfallen. “I’m starting to regret voting for Obama.” But “Dave” got his dander up over the tax hike: “Obama is the biggest f***ing liar in the world. Why the f*** did I vote for him”?

A quick note to Obama supporters, those that ran to the election polls and pulled that lever for Barack Obama.
Sit down and STFU, you voted for this, you got what you voted for and have absolutely no right whatsoever to complain about it now.
Deal with it... the rest of us have to because of your uninformed decisions.

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