Posted on 07/18/2011 12:49:23 PM PDT by Hojczyk
Don’t expect to see this make any headlines in the state-run media…
Back in April of this year Barack Obama told the press that he “refused to extend the Bush tax cuts to the wealthy again.”
But, he’s not a socialist.
Of course, it was just another lie. Verum Serum found the actual tax cut breakdown at CNN Money:
Bush tax cuts: $544.3 billion…The bulk of that cost — $463 billion — is for the extension of cuts for families making less than $250,000, including two years of relief for 2010 and 2011 for the middle class from the Alternative Minimum Tax.
The rest — $81.5 billion — is attributable to the extension of cuts that apply to the highest income families.
In other words, 85% of the tax cuts went to the middle class. But, Obama didn’t care. He needed a talking point.
(Excerpt) Read more at thegatewaypundit.com ...
Probably true, but it will be buried on the backpages of some blog while Obama will get a national presser every other day to go out and spew lies and make up stuff.
Guess who will win?
*
Why can;t the pubbies get these facts out?
Why aren’t Republicans talking about this? Why isn’t Fox talking about this?
Despite his frequent talking points, Obama loves the rich and hates the middle class.
Oh, I think you could probably name the real “demographic” that 0bama resents more than “the rich”...
bttt
Because they are wimps and afraid to get hurt. The left are becoming violent, such as the Unions, and communism is here .
Back in 2000, Al Gore was promising "targeted" tax cuts--presumably aimed solely at Democratic constituencies.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.