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Wednesday, February 04, 2015

Obama’s Fake ‘Middle Class Tax Cuts’ Won’t Help Three-Quarters of the Middle Class or Two-Thirds of the Poor

Obama is at it again, lying to the country about another one of his big government boondoggles, this time its his claim that he is sponsoring “tax cuts for the middle class.” Turns out it won’t help anyone in either the middle class or members of the lower income brackets.

A new analysis of his woebegotten plan has revealed that Obama is lying again.

Nonpartisan Tax Policy Center found $1.5 trillion in new taxes proposed through 2025 will help few the president says he’s targeting

About a quarter of families making between $50,000 and $75,000 a year would get a tax cut, averaging $545; 70 per cent would see no change
Only one-third of the bottom bottom 20 percent of earners would get tax cuts, averaging $617; the rest would see little or no change

But we are now very used to this liar in chief and how he operates. Remember these lies…

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