Tuesday, February 8, 2011

Obama's Claim: "I Didn't Raise Taxes, I Lowered Them"

Adolf Hitler once said "The great masses of the people will more easily fall victims to a big lie than to a small one." Who knew Obama studied the wit and wisdom of der Furher. But that apparently is the case. Exhibit one, his claim in an interview on Sunday with O'Reilly - "I didn't raise taxes; I lowered them over the past two years." Lolllll. This joker must think we live in an alternative universe where the Lincoln hypothesis - that you can't fool all of the people all of the time - doesn't apply.

Obama's problem is that what may have been true in 1935 is not true in 2011, when there are a huge pool of people sitting at their keyboards with access to the internt. This from the WSJ:

. . . Perhaps Mr. Obama has forgotten some of his tax achievements. Allow us to refresh his memory. In his historic health-care bill, for example, there is the new $27 billion "fee" on drug companies that is already in effect. Next year, device manufacturers will get hit to the tune of $20 billion, and heath insurers will pay $60 billion starting in 2014—all of which are de facto tax increases because these collections will be passed on to consumers as higher costs. Of course, these are merely tax increases on business.

As for tax increases on individuals, perhaps he forgot the health-care bill's new 0.9 percentage point increase in the Medicare payroll tax for families making over $250,000 and singles over $200,000. That tax increase takes effect in 2013, as will the application of what will be a 3.8% Medicare surtax (up from 2.9% today) to "unearned income" for the first time. This is a tax hike on investment and interest income, which will reduce the incentive to save and invest.

Mr. Obama also told Mr. O'Reilly that he hasn't moved to the "center" since November's Democratic election defeat, saying "I'm the same guy." Save for a couple of tactical retreats that he couldn't avoid, we agree with him. As the President said recently in the State of the Union, he's going to insist on raising taxes again on people making over $200,000 when his deal with Republicans in Congress expires in 2012. Definitely the same guy.

And then there is this from the Americans For Tax Relief:

ATR says the $1 trillion health care overhaul alone added numerous taxes, including the individual mandate that requires most Americans to purchase health insurance or else pay a fine.

During the legislative debate, Obama and Democrats in Congress argued that a penalty for not carrying insurance is not a tax. But in recent attempts to defend Obamacare as constitutional, the Obama Justice Department has called the penalty a tax.

The health care law’s employer mandate provision also should be considered a tax, ATR said. That provision requires companies to report all business-to-business sales of goods and services exceeding $600 to the Internal Revenue Service. In a bipartisan vote, the Senate recently voted to repeal the so-called 1099 provision, and Obama says he supports the repeal.

The health care law also includes a tax on medical device manufacturers, as well as a higher tax on withdrawals from health savings accounts and a cap on flexible spending accounts.

Other taxes in the health care law cited by ATR include a surtax on investment income, an excise tax on comprehensive health insurance plans, a hike the in the Medicare payroll tax and a tax on indoor tanning services. (See complete list)

On Feb. 4, 2009, Obama signed a federal tobacco tax hike, raising the excise tax 62 cents per pack. Critics, including ATR, said that tax alone violated Obama’s campaign pledge not to raise taxes on couples earning less than $250,000 and on individuals earning less than $200,000.

During Sunday’s interview, Bill O’Reilly asked Obama if he is “a man who wants to redistribute wealth,” as The Wall Street Journal has described him.

The president denied it, again saying, “I didn't raise taxes once; I lowered taxes over the last two years.”

Responding on Monday, ATR said Obama’s claim of being a net-tax-cutter “rests on the temporary tax relief he has signed into law. “That tax increases Obama has signed into law have invariably been permanent. In fact, Obama signed into law $7 in permanent tax hikes for every $1 in permanent tax cuts,” ATR said.

“Over 90 percent of the dollar value of the tax cuts Obama signed into law are only temporary,” said ATR. “100 percent of the tax increases Obama signed into law are, however, permanent … Permanent changes to tax law signed by Obama amount to a net tax hike of $618.7 billion.

Obama is shameless. As Harry Truman once said of Richard Nixon

[He] is a no good, lying bastard. He can lie out of both sides of his mouth at the same time, and if he ever caught himself telling the truth, he'd lie just to keep his hand in.

I think that could equally be said about Obama today.

1 comment:

Ex-Dissident said...

At least Nixon managed to improve our relations with China.

You're right about Obama's blatant lies being seen for what they are by scores of well informed citizens who are connected to each other through the blogosphere. The problem rests with countless uninformed lemmings who vote as they're told. We can keep banging our heads against the wall trying to figure out how to educate them, but the truth is that those who want to remain ignorant, shall remain ignorant. If they wanted to check the facts on Obama, they had ample opportunity all along. I simply don't believe that a vast majority of these liberal Democrats or liberal independents are capable of becoming informed and free thinking citizens. How do we fix this?