You be the Judge. Liar or not a liar?

"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 Liar, Liar Pants on Fire.


Last year you as a taxpayer had an additional standard deduction, up to $500 for individuals and $1,000 for couples, for state and local property taxes (section 63) (Personal Tax Incentives), this year this deduction no longer exists.




In my book that is a tax increase how about yours? Don't forget Newport and the SAU want to raise the Croydon school budget 29% over last year. Do you have the money to pay these extra taxes?

To read about other tax increases go to the Heritage Foundation's website.

Cathy
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