Tuesday, February 08, 2011

Fun With Numbers...

Barry The Cowardly Weakling Doesn't Even Have The Stones To ADMIT The Truth About His Tax Hikes...

Then again...we knew he wouldn't

A taxpayer watchdog group is throwing a penalty flag on President Obama's assertion in a Super Bowl pre-game interview that he didn't raise taxes, claiming the president signed into law at least two dozen tax increases.

"Just 16 days into his presidency, Obama signed into law a 156 percent increase in the federal excise tax on tobacco -- a hike of 62 cents per pack," Americans for Tax Reform said in a press release Monday, arguing that Obama's approval of this tax hike was a violation on his campaign pledge not to raise taxes on the middle class.
Seeking to burnish his centrist credentials, President Obama told Fox News' Bill O'Reilly Sunday that he "didn't raise taxes once."

"I lowered taxes over the last two years," he said in an interview that aired before the heavily-viewed Superbowl on Sunday.
But ATR cites the health care law as an Obama administration imperative that contains two dozen new or higher taxes, including the individual mandate tax and the employer mandate tax.

"President Obama's entire claim of being a net tax-cutter rests merely upon the temporary tax relief he has signed into law," the group said. "The tax increases Obama has signed into law have invariably been permanent. In fact, Obama has signed into law $7 in permanent tax hikes for every $1 in permanent tax cuts."
The group estimates that the permanent changes to tax law Obama signed totals a net tax hike of $618.7 billion.

The single saving grace of Bill Clinton and Jimmy Carter was their honesty concerning the thrill they received from raising/trying to raise taxes whenever possible. This douche can't even stand up for what he believes in.

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