The greatest lie ever told: Obama is a classic tax and spend liberal

Source: The Ed Show
Wed Jul 11, 2012 8:15 PM EDT

The greatest lie ever told, the ones Republicans most want you to believe, is that President Obama is a classic tax and spend liberal.

In truth, under Obama taxes have hit a 30-year low, in part because of tax cuts enacted by the president as part of the stimulus package.

Average federal tax rates are lower than they were under Ronald Reagan, George H.W. Bush, Bill Clinton and George W. Bush.

These are numbers from the Congressional Budget Office and it doesn’t matter if you look at just income taxes or all federal taxes combined, under President Obama, taxes are at a 30 year low.

The CBO report only goes through 2009, but since then, President Obama has lowered taxes even more with the payroll tax cut.

Of course, these facts haven’t stopped Republicans from complaining about taxes under the president’s watch.

To be fair, some of this Republican whining is in response to President Obama’s pledge to let the Bush tax cuts expire for the top two percent.

But the fact remains, under President Obama, taxes are at a 30 year low.

Yes, some of this republican whining was in response to president obama’s pledge to let the bush tax cuts expire for the top two percent, but tax rates would still be at a record low.

President Obama has had to combat the lie with the facts.


About James Crist

How do we stop America's decline? The country is in trouble and we can all feel it. Where did we go wrong? How do we fix it? We now have an auction-based government, for sale to the highest bidder. Politicians have become nothing more than corporate whores and pawns for the rich. If we want our representatives to represent us, let them get their campaign money from us, their constituents. We have to amend the constitution to get the big money out of politics.
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