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.

Flopping Aces has more on the selfish rich people keeping Obama down.

 

ADVERTISEMENT

 

Disable Refresh for 30 Days

Cookies and JavaScript must be enabled for your setting to be saved.

1 2 3

`
  1. He’s not lying, you just don’t seem to get after all these years what he means when he says “wealthy”.

    To Obama and Democrats, “wealthy” is the middle class, aka anyone who pays taxes and is not dependent on the government. He wants to redistribute the wealth of as many of the “wealthy” as he can and knock them down into the government-dependent class of dependable Democratic voters. Their contributions won’t help any of the existing government dependents, but will go to the millions of new dependents once amnesty passes.

  2. Thanks for publishing these numbers. They are very revealing and will come in handy when debating the “tax the rich” crowd. The Bush tax cuts were across the board and not only for the rich. I would be interested in knowing how many folks on the lower end became non-taxpayers as a result of the Bush tax cuts?

  3. Tax cuts do not “cost” anything, period. That is a liberal line, as if the money not collected belongs to the government, which it does NOT. You need to find another way to describe these tax cuts.

  4. The doubletalk , doublespeak , and doubling down of this gang of thieves is monstrous. OBAMA ISN”T WORKING.

    The policy is very simple. Paralyze the rich while the middle class is destroyed. Failing that, stop payments to Seniors, Veterans, and the Disabled. Above all, advance state control of everything where ever possible.

  5. Is Obama trying to capture the votes of foot fetishists? I just saw a picture of the entire Obama family watching TV with their naked stinky feet prominent for all to see. Not a pretty sight.

  6. For his followers whatever he says becomes truth no matter how wrong it is. Any contrary facts are racist or something.

  7. Business anemic? Sales not what they could be? Numbers got you down?

    Get “Statistics by Obama”!

    Instantly, all your business numbers will swell! People will marvel at the skill and talent you display at reversing your fortunes. Be the envy of your friends! Watch their faces as you quote seemingly impossible numbers! Any numbers you would like to bear out your claims, now can be yours with this limited time offer. You must act now!

    No claim is too great for “Statistics by Obama!”

    Brought to you by the makers of “80% of Americans want a tax increase”*

    * for their neighbor

  8. Whatever you do, do NOT tell this to a whinny liberal, it will cause them heartburn. Wait, that’s a good thing.

  9. Considering that a “shared sacrifice” requires spending cuts and new taxes on the “rich,” can it now be concluded that the “rich” get no benefit from government spending ?

  10. again…you will not see this on any local news or from any lame stream media…it is not in their adgenda to have odumbass look bad

  11. Beklow are the tax increase for folks with $50K income per year. It is the last number. Formatting is poor and the 5 column titles do not show up over each column. Higher incomes are of course worse.
    Tax Rates – and the Obama Increase – $50,000/year Taxable Income

    2000 Tax Tables 2003 Tax Tables 2004 Tax Tables 2010 Tax Tables – (Bush Tax Cuts have Expired) Increase with Obama Tax Increase*

    Taxable Income $50,000 $50,000 $50,000 $50,000 $50,000

    Tax: Single $10,581 $9,304 $9,231 $10,581 $1,350

    Tax: Married -  Filing Joint $8,293 $6,796 $6,781 $8,293 $1,512

    Tax: Married – Filing Separate $11,143 $9,304 $9,231 $11,143 $1,912

    Tax: Head of Household $9,424 $8,189 $8,094 $9,424 $1,330

  12. ++

    b-b-but, he wants them back so he can redistribute them, why can’t
    you people see that it’s “for the greater good of the children”.. /s/

    bit more here [and just about everywhere else, msm= crickets]..

    ==

  13. ++

    you won’t be seeing or hearing about any of the following via
    the Marxist Support Machine or talking O’bobbleheads either..

    Democrats, the Rich Party

    [Democrats beat the market by 73 basis points per month, compared
    to 18 for Republicans. That’s a rout anyway you look at it. Senators
    fare even better than house members.

    [..]

    Strict laws ban corporate executives from trading on their insider
    knowledge, but no restrictions exist for members of Congress.
    Lawmakers are permitted to keep their holdings and trade shares
    on the market, as well as vote on legislation that could affect their
    portfolio values.

    [..]

    The next time you hear a Democrat talking about the party of
    the rich now you’ll know that they’re referring to themselves.]

    ==

  14. Maybe Barky classifies “the rich” as those earning much, much less than $250,000 annually. Maybe his idea of “the rich” includes all of us who earn enough to live indoors and also eat daily (dirt and cat food not included).

  15. Emcee is correct. Ofukktard says, “We can’t afford to give …blah blah blah.” No douchebag Ofukktard, we CANNOT AFFORD TO TAKE from those who earned it and spend it in the free market place.

    Why does GOVERNMENT DESERVE or NEED SO MUCH MONEY???

  16. Why is the government handing out money via tax refunds to people who pay no taxes?

    Lets stop this. I am tired of those who use the poor, the lame and children as human shields to advance their robbery of the workers.

  17. #1 – Gage – BINGO! We have a winner!

    When Obama speaks, he’s speaking to his base. He’s not speaking to us, the middle class, or the wealthy, the people who produce EVERYTHING this country needs. He loathes us.

    No, when he speaks, he’s speaking to the poor, and the downtrodden. He intends to secure their votes with the promise of “free” money, all the while forcing millions more of us into poverty with them. It would be a brilliant plan if we were as stupid as he thinks we are. We aren’t. He has lit the fuse of what I feel will be the biggest revolt this country has ever seen. I only pray we can intervene and remove him from office before it escalates into a full blown civil war …

  18. you know the marxist hates the bourgeoisie. bourgeoisie is marxist for middle class.

  19. I have been having knock down dragouts with my Dad about this…his is tax the rich crazy and he has Obama derangement syndrome…I told him our taxes went up since O came into office and he told me I don’t know what I’m talking about. The media has them so brainwashed he thinks the Bush tax cuts were for the rich, and when O did extend them..he thought they were O’s own middle class tax cuts……..twilight zone…makes my head spin.



1 2 3


`

© Copyright 2014, TheGatewayPundit.com. All rights reserved.
Privacy Policy | Terms and Conditions