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Are the Bush Tax Cuts Working?
Source: National Center for Policy Analysis -- However, if Congress makes the tax cuts permanent, the major economic benefits begin in 2011.

According to the Center for Data Analysis at the Heritage Foundation:¹³

-      Significant economic gains will occur throughout the period from 2006-2014, particularly after 2008.

-       For example, making certain that taxes on investment remain low will add about 285,000 jobs per year in fiscal years 2008 and 2009.

-       In those two years alone, lower taxes on capital gains and dividends mean an additional $70 billion in economic output and an additional $110 billion in disposable income for households.

-       On average, total employment will rise by 1,087,000 jobs per year, and after inflation, annual GDP will be over $111 billion higher.

-       Personal savings will grow by $163 billion per year, on average, after inflation.

-       After-tax household income will grow by an annual average of $274 billion per year, after inflation.

VAT: THE NEXT BIG TAX INCREASE?
Editor's note: Yet another example of how Obama and his far-left friends in US Congress cannot be trusted.  Source: FoxNews

OBAMA:  “AGNOSTIC’ ABOUT RAISING TAXES ON HOUSEHOLDS MAKING LESS THAN $250,000 AS A BROAD EFFORT TO REIN IIN THE BUDGET DEFICIT

Editor’s note: Definition of AGNOSTIC – “a person unwilling to commit to an opinion about something <political agnostics>.” What this means is that he is telling the American People that he will just vote “Present” like he did many times during his short stay in the US Senate.  Source: Bloomberg

To jog your memory on what was promised by Obama during his campaign, here are some direct quotes made by Obama.

"I will cut taxes - cut taxes - for 95 percent of all working families, because, in an economy like this, the last thing we should do is raise taxes on the middle class." - Barack Obama

 "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 

BACKDOOR TAXES TO HIT MIDDLE CLASS 
Editors' note: Under pressure from the Whitehouse, REUTER has pulled this article.  To view it, we have it posted in its entirely on our Government Gone Wild page. Buried in Obama's $3.8 Trillion dollar budget is a whole host of new taxes for the American people.  How's that Hope and and Change working for your pocket book now? 

REUTERS WITHDRAWS "BACKDOOR TAXES TO HIT MIDDLE CLASS" ARTICLE UNDER PRESSURE BY THE WHITEHOUSE 
Editor's note:  Again, another case of Obama's Whitehouse keeping the American's in the dark about their plans for tax increases planned for the Middle Class.  Another broken promise.  Wake up folks, and smell the stink that is running this country. 

RUN THE NUMBERS! AFTER THE BUSH TAX CUTS, THE RICH PAY MORE TAXES

WHO PAYS AMERICA'S TAX BURDEN, AND WHO GETS THE MOST GOVERNMENT SPENDING?

THE NY TIMES ADMITS IT'S THE TRUTH

HISTORY OF FEDERAL INDIVIDUAL INCOME BRACKET RATES

IRS: DATA FOR THE LATEST CALENDAR YEAR

NYT BURIES TRUTH ON TAXES

CY2001 POSTED FOREVER

CBO REPORT: EFFECTIVE FEDERAL TAX RATES UNDER CURRENT LAW, 2001 to 2014

DEMS GET MORE CAMPAIGN CASH FROM "RICH”
Editor's note: Source: Rush Limbaugh.com