Reality thy name is payroll tax cut, or more to the point the absence of same. That’s right, the federal government will no longer be subsidizing your lifestyle. The “holiday” is over. They are taking back that which is theirs. And all of our paychecks are going down as a result. Effective January 1st the payroll …
Let’s say your brother in law, Barry, comes to you for a loan. He needs a little extra money for this big idea he’s got brewing. All he needs is $4500.00 dollars.
I was torn on the title. “Obama’s Tax American Job Creators Act” almost got the gig. But while this is a massive tax on job creators, one provision in particular won the day when it comes to keeping people unemployed, something you might think counter-productive in a Jobs bill.
Congressman Louis Gohmert (R-TX) took care of business. He has filed the American Jobs Act, HR2911. it is anorexic by Democrat standards, weighing in at an awe inspiring two pages. And all it does is repeal the corporate income tax.