Sarah Palin: Fact-checking the Fact-checkers on the $3.8 Trillion Obama Tax Hike

Discussion in 'Economy' started by Stephanie, Aug 5, 2010.

  1. Stephanie
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    Stephanie Diamond Member Supporting Member

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    links in article and LOTS of comments.

    Today at 8:02am
    Yesterday, PolitiFact.com fact-checked my statement about the coming $3.8 trillion Obama tax hike – the largest tax increase in history. They did such a bad job of it, however, that I feel compelled to fact-check the fact-checkers.

    First of all, they claim that there are Democrat proposals which would “keep the tax cuts for individuals who make less than $200,000 and couples who make less than $250,000.”

    Unfortunately for PolitiFact, no such proposal exists. They admit as much, by the way, when they state that “There are no formal congressional proposals yet to keep the Bush tax cuts in place, so we don’t have precise estimates from official sources like the nonpartisan Congressional Budget Office.” That doesn’t stop them, though, from claiming I “confuse the issue” by “using numbers that assume all the tax cuts are going away. That is not the Democratic plan nor is it President Obama’s plan.”

    Plan? What plan? There is no plan. All we have is smoke and mirrors based on an old Obama campaign pledge that if elected, he would exempt families making less than $250,000 a year from “any form of tax increases.” But this pledge was already watered before he was even elected. First vice-presidential candidate Joe Biden lowered it to $150,000. Then campaign surrogate Gov. Bill Richardson lowered it even further to $120,000.

    A few months after the inauguration, even that last promise disappeared in a puff of smoke. When asked to reaffirm the White House’s commitment to the campaign promise of no tax increases for families earning less than $250,000, Obama’s spin doctor David Axelrod declared the President had “no interest in drawing lines in the sand.”

    The truth is that as of today, Democrats haven’t taken any action to extend any part of the 2001 and 2003 tax cuts for any income group – and in this case doing nothing equals hitting American taxpayers with a massive $3.8 trillion tax increase.


    read it all here with comments.
    Sarah Palin: Fact-checking the Fact-checkers on the $3.8 Trillion Obama Tax Hike | Facebook
     
  2. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny says we all gonna end up inna poorhouse...
    :eek:
    CBO: Obama to Push Public Debt above $20 Trillion by 2021
    Wednesday, March 23, 2011 – The Congressional Budget Office (CBO) says that President Barack Obama’s 2012 budget will cause large and persistent yearly deficits that will push the public debt to $20.8 trillion by 2021.
    See also:

    Hoyer Calls $100 Billion in Cuts to $3.7 Trillion Budget ‘A Meat-Axe Approach’
    Tuesday, March 22, 2011 – Rep. Steny Hoyer (D-Md.), the House Democratic whip, on Tuesday criticized Republicans for proposed budget cuts that he called “reckless.”
     
  3. jillian
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    jillian Princess Supporting Member

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    since when does the tweeting twit tell the truth about anything?

    poor loony steffie...
     
  4. Stephanie
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    Stephanie Diamond Member Supporting Member

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    wtf,
    MY thread was from 2010, good gawd Jilly dear, you've become more of a bitch over the years. It's not looking very pretty on you and right now it's not making look real smart either...:lmao:
     
    Last edited: Mar 23, 2011

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