Dems Sucker Punch Coming Your Way

From Drudge and My Way News.

It starts with banks losing tax breaks and it will continue to every American.

"Stimulus plan repeals big tax break for banks
Jan 16, 2:50 PM (ET)
By STEPHEN OHLEMACHER" My Way News - Stimulus plan repeals big tax break for banks

WASHINGTON (AP) - House Democrats' version of the $825 billion recession rescue package would end billions of dollars in tax breaks the Bush administration quietly gave to banks last fall.

Already almost exclusive beneficiaries of a $700 billion Wall Street bailout, banks are largely left out of the House stimulus package that President-elect Barack Obama wants passed quickly through Congress. Those getting financial bailout money wouldn't even be eligible for one of the main business tax breaks aimed at priming the economic pump.

Homebuilders, manufacturers, retailers and low-income families share the bulk of the $275 billion in proposed new tax cuts.

House leaders moved this week to repeal the tax break for banks even as the Senate voted to help many of those same institutions by releasing the second $350 billion of the widely unpopular Wall Street bailout. Many lawmakers are unhappy with the results after the Bush administration spent the first $350 billion, making them wary of helping banks in the stimulus package.

What will dems and RINO's do when we all loose the following? The following was the Bush tax cuts that the dems will take away. Bet you won't see this coming. You may get $500.00 and loose $1716.00?

How the Plan Might Affect Your Taxes
Under the Bush tax cut plan, 92 million taxpayers would receive, on average, a tax cut of $1,083 in 2003. Taxpayers in the lowest tax brackets would receive the largest percentage reduction in their taxes. Estimates from the White House project that:

# 46 million married couples would receive an average tax cut of $1,716.

# 34 million families with children would receive from an average tax cut of $1,473.

# 6 million single women with children would receive an average tax cut of $541.

# 13 million elderly taxpayers would receive an average tax cut of $1,384.

# 23 million small business owners would receive tax cuts averaging $2,042.

# 3 million moderate-income families would see their income tax burden eliminated entirely.

Example:
A family of four with an income of $40,000 would see their federal income taxes fall from $1,178 to $45 under the President's plan." Details of the Bush 2003 Tax Cut Plan

You wanted change and change you shall get!

SUCKER punched right in the gut (wallet, purse)!!!!!!!!!!!