The WSJ has a great piece on Obama’s nonsense that 95% of Americans will receive a tax cut.
“One of Barack Obama’s most potent campaign claims is that he’ll cut taxes for no less than 95% of "working families." He’s even promising to cut taxes enough that the government’s tax share of GDP will be no more than 18.2% — which is lower than it is today.
It’s a clever pitch, because it lets him pose as a middle-class tax cutter while disguising that he’s also proposing one of the largest tax increases ever on the other 5%. But how does he conjure this miracle, especially since more than a third of all Americans already pay no income taxes at all? There are several sleights of hand, but the most creative is to redefine the meaning of "tax cut."
Read the full article.
Barack Hussein Obama is good at twisting words and ducking the truth through his whole political career…he's a chameleon…and his friends are all snakes..rise up patriotic Americans and spare your precious country from this Obamanation movement that befriends terrorists and radicals or you'll find yourselves in a Marxist-Socialist state and it'll be bye bye American pie !!