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Why would Reuters pull this story?

Backdoor Taxes to Hit Middle Class

Earlier today, Reuters ran a story with the preceding headline. Then, suddenly, it was gone.

Poof!

Imagine that. A story that confirms yet another broken promise by President Barack Hussein Obama removed from public view.

Is this censorship? Did the propaganda ministry in the White House black list the story? No explanation from the news agency certainly leads the mind to wonder.

Fortunately, the folks at ShowbizGossips posted the story before the censors decided bad press for Obama isn’t allowed. We’ll repost it here in case they feel the Propaganda Ministry pinch too. Here’s the post Reuters (and the Obama administration?) didn’t want you to see!

The Obama administration’s plan to cut more than $1 trillion from the deficit over the next decade relies heavily on so-called backdoor tax increases that will result in a bigger tax bill for middle-class families.

In the 2010 budget tabled by President Barack Obama on Monday, the White House wants to let billions of dollars in tax breaks expire by the end of the year — effectively a tax hike by stealth.

While the administration is focusing its proposal on eliminating tax breaks for individuals who earn $250,000 a year or more, middle-class families will face a slew of these backdoor increases.

The targeted tax provisions were enacted under the Bush administration’s Economic Growth and Tax Relief Reconciliation Act of 2001. Among other things, the law lowered individual tax rates, slashed taxes on capital gains and dividends, and steadily scaled back the estate tax to zero in 2010.

If the provisions are allowed to expire on December 31, the top-tier personal income tax rate will rise to 39.6 percent from 35 percent. But lower-income families will pay more as well: the 25 percent tax bracket will revert back to 28 percent; the 28 percent bracket will increase to 31 percent; and the 33 percent bracket will increase to 36 percent. The special 10 percent bracket is eliminated.

Investors will pay more on their earnings next year as well, with the tax on dividends jumping to 39.6 percent from 15 percent and the capital-gains tax increasing to 20 percent from 15 percent. The estate tax is eliminated this year, but it will return in 2011 — though there has been talk about reinstating the death tax sooner.

Millions of middle-class households already may be facing higher taxes in 2010 because Congress has failed to extend tax breaks that expired on January 1, most notably a “patch” that limited the impact of the alternative minimum tax. The AMT, initially designed to prevent the very rich from avoiding income taxes, was never indexed for inflation. Now the tax is affecting millions of middle-income households, but lawmakers have been reluctant to repeal it because it has become a key source of revenue.

Without annual legislation to renew the patch this year, the AMT could affect an estimated 25 million taxpayers with incomes as low as $33,750 (or $45,000 for joint filers). Even if the patch is extended to last year’s levels,the tax will hit American families that can hardly be considered wealthy — the AMT exemption for 2009 was $46,700 for singles and $70,950 for married couples filing jointly.

Middle-class families also will find fewer tax breaks available to them in 2010 if other popular tax provisions are allowed to expire. Among them:

  • Taxpayers who itemize will lose the option to deduct state sales-tax payments instead of state and local income taxes;
  • The $250 teacher tax credit for classroom supplies;
  • The tax deduction for up to $4,000 of college tuition and expenses;
  • Individuals who don’t itemize will no longer be able to increase their standard deduction by up to $1,000 for property taxes paid;
  • The first $2,400 of unemployment benefits are taxable, in 2009 that amount was tax-free

February 2, 2010 Posted by | Obama, Taxes | , , , , , , , , , , | 6 Comments

Propaganda Czar Anita Dunn: We control news media

Oh and how the liberal lapdog press played right into the hands of their master manipulators! But what happens when they can’t control a player in the news arena?

We on the right have long argued the relationship between the Obama campaign (and now administration) and the mainstream media was more like puppeteer and marionette than the public servant and public watchdog envisioned by our founders when they insisted on the freedom of the press in our 1st Amendment. But now we have President Obama’s chief propagandist gloating about pulling the strings to manipulate the supposed objective media.

“Very rarely did we communicate through the press anything that we didn’t absolutely control,” said Dunn.

“One of the reasons we did so many of the David Plouffe videos was not just for our supporters, but also because it was a way for us to get our message out without having to actually talk to reporters,” said Dunn, referring to Plouffe, who was Obama’s chief campaign manager.

“We just put that out there and made them write what Plouffe had said as opposed to Plouffe doing an interview with a reporter. So it was very much we controlled it as opposed to the press controlled it,” Dunn said.

Now we musn’t forget this is the same Propaganda Minister Anita Dunn who last week initiated a war on Fox News, attacking the organization as a “wing of the Republican Party.”

With video of the Obama administration equivalent of Joseph Goebbels boasting about controlling the press, it seems clear White House animosity towards Fox stems more from its inability to control the network’s coverage than the purported bias.

Some are questioning the wisdom of the White House strategy of waging a war with a major news outlet. “It’s a very risky strategy. It’s not one that I would advocate,” David Gergen said. But such thoughts may represent a level of naivete in thinking the Obama administration still respects the rules of the game, and American traditions such as freedom of the press. But our President may be willing to take yet another lesson from some of his new buddies like Chavez and Castro.

After all, Obama and his Democratic allies haven’t tried to camoflauge their intentions for the future of talk radio. They’ve already made clear, to anyone with open eyes, they intend to destroy any broadcaster who dares air messages critical of the Obamessiah.

Chavez’ media strategy of ‘if you can’t control it, kill it’ may be what Obama has in mind for Fox. I mean, the President’s Propaganda Minister proudly proclaims Mao Tse Tung is one of her most admired political leaders. Mao was responsible for the deaths of some 70 million to establish control of the Chinese population.

What can we infer from such radical idolization of a murderous, Communist tyrant and the war now being waged on Fox News by the White House Propaganda Ministry?

Maybe the White House intent is to control the message, or destroy the messenger.

October 19, 2009 Posted by | Liberal Media | , , , , , , , , | 1 Comment