ThatÂ’s the only conclusion we can draw from these statistics provided by the Houston Chronicle regarding the effects of the Obama Stimulus Plan.

• • Most Texans’ paychecks will be a little fatter starting this month as the Making Work Pay tax credit kicks in and employers reduce their payroll tax withholdings by about $13 a week.

• • Texas’ jobless are now receiving an extra $25 a week in their benefits as mandated by Congress, according to the Texas Workforce Commission.

• • Food stamp recipients soon will get about $38 a month more to spend on necessities, according to the Texas Health and Human Services Commission.

And before you feel all warm and fuzzy over Barry Hussein’s plan to let you keep enough of your earnings to take a family of four to McDonald’s once a week, consider this – at the end of the year, you will likely be paying that same cash to the government. You see, you didn’t get a tax reduction – all that this represents is a delay in you having to turn the cash over to Timothy “Taxes for thee but not for me” Geithner. So expect a tax bill this time next year if you are a productive American in exchange for your $50 a month increase in take-home pay. On the other hand, the non-productive will come out with about $140 extra in benefits extorted from the productive.

Posted by: Greg at 12:14 PM | No Comments | Add Comment
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