They are politicians and by their very nature are lairs. The say want needs to be said in order to keep and grow their power and influence.
I'll ad another to the list.
"95% of all Americans are going to get a tax cut."
Big fat lie. There are no tax cuts.
There is no rate reduction in payroll taxes for anyone.
All we are getting is a tax credit and guess what? The tax credit is taxable. Yes indeed my fellow tax paying Americans. That means next year the increase in your paycheck will be added as pure income that is taxable.
I'll have to change my withholding a bit to take it into account so I don't burned. Meaning that even though it's a small amount it actually could end up costing me more in taxes depending on where my income lands for this year.
Nice touch Obama.
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