Posted on 10/03/2008 12:41:16 PM PDT by Laissez-faire capitalist
When Bill O'Reilly interviewed Barack Obama, Obama said that he wanted to return the top tax rate to the CLINTON years, which was 39.5%.
Now, Joe Biden and Obama say that Obama wants to return the top tax rate to the REAGAN yeras, which was 28%.
He says one thing to one group, another thing to another group.
He initially said that he wanted to give a tax cut to 95% of Americans, and increase federal income taxes for those making over $250,000 a year. But when this was exposed as being a lie - since over 40% of Americans pay no federal income tax - then Obama shifted his rhetoric to saying that he would give a tax cut to 95% of Americans WHO PAY FEDERAL INCOME TAXES.
But... 2/3 of small businesses make over $250,000 a year, and small businesses employ over 3/4 Americans.
So, his tax policy is being exposed as being dangerous to the US economy, and now he is saying that he will give Capital Gains tax cuts to small businesses making over $250,000 per year. A Capital Gains tax cut will not help small business owners concerning the amount of federal income taxes they have to pay.
Obama will - if elected president - hurt the US economy, cause hundreds of thousands, possibly millions, to be laid off or fired, and he is laying the groundwork to pull a Bill Clinton:
He'll say he really looked hard to find a way to cut taxes for those whom he said he would, but, things are so bad that he won't be able to cut taxes. Then, he'll raise taxes on the middle class. Obama's record in the US Senate is voting to RAISE taxes, including the middle-class.
What say you?
Add this to a list of lies and hidden ambitions so large that McCain is apparenly overwhelmed. See the article floating today from US News about McCain pulling his punches on CRA/Obama.
This is nothing new... his positios are all over the place, depending on the audience du jour. Honesty is not his strong suit at all.
I have also noticed that at times he says “95% of WORKING americans”, and I think I heard 90% a few times too. I suppose that retirees can expect to have their taxes raised, as they don’t “work”. Of course, he’s lying big time, and will raise taxes on everyone sky-high (as if they aren’t already) the first day he’s in office. If you don’t believe that, you don’t know he’s a Marxist.
Also, we mustn’t forget that raising taxes (or closing “loopholes”) on “corporations” also means raising the cost of goods and services they provide - guess who will pay that as well.
Yeh, the only “strong suit” is the empty one he fills.
Obama lies?
Keep in mind — Muslims are ALLOWED to lie if that lie protects a Muslim from the unbelievers or advances the cause of Islam.....
Muslims may lie to infidels with impunity and immunity....
One must not forget Obama’s early childhood training.
You know they could mean the tax rate in 1981 when Reagan took office.
In 1981 the top marginal rate was 69.13%.
The correlation no one is making is that Bush tax cuts expire in 2010 and everyone got a tax cut under the Bush plan so when the Bush tax cuts expire everyones taxes go back to Clinton era taxes. Obama says he will cut your taxes but only after the Bush tax cuts expire.
It is a political shell game and the Media is silent on it. Only McCain says he will extend the Bush tax cuts basically extending it for Everyone.
Well hell, Barry has been out there in the last two weeks being on all sides of all issues while Mccain was lost in space.
He WHAT? He LIES?
I saw that interview and it’s a fact that Barney Frank, along with Chris Dodd, was among the chief architects of the Fannie and Freddie debacle. However, by interrupting and shouting down Barney every four words O’Reilly made a fool of himself. As usual, instead of a rational debate and discussion of a very important subject O’Reilly chose to turn things into a typical cable shout-show. And, as always, it was all about HIM.
How do you like Biden saying last night that Obama is against “gay marriage”? I’m surprised his nose didn’t grow at least a foot long.
Clinton promised not to raise taxes and once elected did exactly that claiming that our budget demanded it. Imagine Obama being elected and then saying, we are gonna have to raise them higher than what I promised because of our budget and my 2 trillion in new spending.
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