Little-known fact: Obama has CUT taxes
If you’re going to blame the president for your economic misery, then you ought to at least have your facts right. This morning, RealClearPolitics posted a piece from a self-described independent, Jill Dorson, who says she regrets her vote for Barack Obama.
Some of her complaints seem logical. But one of the complaints is factually inaccurate: she says her taxes have gone up. In fact, Obama pushed through a massive tax cut in the stimulus bill.
Over at Time, pundit Joe Klein vents his frustration over the popular misunderstanding of the stimulus bill.
Maybe Ms. Dorson’s state or local taxes have gone up. But her federal taxes have not.
Some of her complaints seem logical. But one of the complaints is factually inaccurate: she says her taxes have gone up. In fact, Obama pushed through a massive tax cut in the stimulus bill.
All that changed when the Obama campaign became the Obama administration. I was a small business owner during 2008 election and my business ultimately failed under the weight of a horrendous economy. I am not ashamed. I worked hard. But I believed that Obama would try to level the playing field between big business and small, between thieves and honest business people, between greed and moderation. Instead, he bailed out the most wicked and left the rest of us fail.Here’s the thing: The stimulus package, for which Obama is being bashed, contained the biggest one-year tax cut in U.S. history. That’s right. The biggest one-year tax cut in U.S. history was pushed through by a Democrat.
I watched with horror as Obama followed Bush’s lead in bailing out banks, auto makers, insurance companies, all of those companies deemed “too big to fail.” What does that mean? My small company got thrown under the bus and my savings were ravaged – perhaps Wall Street is using them for bonuses this year.
Not to mention President Obama is recklessly spending our country’s future into oblivion.
It was clear after just 90 days what a mistake I’d made. My taxes have gone up and my quality of life has gone down. Hope has given way to disgust and I see now that change is simply a euphemism for “big government.”
Over at Time, pundit Joe Klein vents his frustration over the popular misunderstanding of the stimulus bill.
Maybe Ms. Dorson’s state or local taxes have gone up. But her federal taxes have not.
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