{"id":5865,"date":"2011-09-16T00:25:33","date_gmt":"2011-09-16T07:25:33","guid":{"rendered":"http:\/\/www.politicsplus.org\/blog\/?p=5865"},"modified":"2011-09-16T00:25:33","modified_gmt":"2011-09-16T07:25:33","slug":"obama-the-tax-cutter","status":"publish","type":"post","link":"https:\/\/www.politicsplus.org\/blog\/2011\/09\/16\/obama-the-tax-cutter\/","title":{"rendered":"Obama the tax-cutter"},"content":{"rendered":"

The Republican Party has been repeating the lie that they want to cut your taxes, while Obama and the Democrats want to raise your takes, for so long that most Americans believe it.  But it\u2019s true only if limited to the taxes of the top 2% and giant corporations.  What Republicans consider tax reform is a scheme in which the poor and middle classes pay more and the rich pay less.  And would you believe that Barack Obama has actually cut taxes more than GW Bush?<\/font><\/p>\n

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\"16ObamaTaxCuts\"<\/font><\/p>\n

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The Center for American Progress crunched the numbers<\/a><\/font> and discovered: <\/font><\/p>\n

With the huge Recovery Act tax cuts and the enormous December 2010 tax cuts combined, President Obama has already signed into law tax cuts amounting to more than $900 billion from 2009 through 2012. Even after accounting for legislation that the president signed that increased revenue during that period, President Obama has cut taxes by more than $850 billion in his first term, or approximately 1.5 percent of GDP.<\/font><\/p>\n

That is compared to the $474 billion in tax cuts enacted by George W. Bush in his first term. If the latest tax cuts<\/a><\/font> included in President Obama’s American Jobs Act are passed, he will be the biggest tax cutter of the modern era. Bigger than Reagan. Bigger than Bush. That’s saying something!<\/font><\/p>\n

Yet, despite this fact, we’ve seen poll after poll indicate that people still believe President Obama has raised their taxes<\/a><\/font>\u2026<\/font><\/p>\n<\/blockquote>\n

Inserted from <Daily Kos<\/a>><\/p>\n

With all that tax cutting, you\u2019d think that Republicans would worship the ground he walks on, but there\u2019s a catch.  Almost all of Obama\u2019s tax cuts have benefited Main Street Americans.  Republicans want tax cuts that benefit millionaires, billionaires and criminal corporations.  They want to raise YOUR taxes to pay for more tax cuts for the rich, because that\u2019s who Republicans represent.  They do NOT represent YOU!<\/font><\/p>\n","protected":false},"excerpt":{"rendered":"

The Republican Party has been repeating the lie that they want to cut your taxes, while Obama and the Democrats want to raise your takes, for so long that most Americans believe it.  But it\u2019s true only if limited to the taxes of the top 2% and giant corporations.  What Republicans consider tax reform is […]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-5865","post","type-post","status-publish","format-standard","hentry","category-politics","category-5-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"_links":{"self":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/5865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/comments?post=5865"}],"version-history":[{"count":0,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/5865\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/media?parent=5865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/categories?post=5865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/tags?post=5865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}