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August 07, 2012
Obama's Hate For Success of American Citizens Getting Worse
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Obama warns ‘Romney Hood’ will take from poor, give to rich
Barack Obama told cheering supporters at a fundraiser in Connecticut on Monday that Mitt Romney’s tax plan would raise taxes on middle-class Americans to pay for a tax cut benefiting the very rich: “It’s like Robin Hood in reverse. It’s Romney Hood.” His remarks drew laughter and applause.
Obama pointed to a recent study of Romney’s approach by the independent Tax Policy Center that speculated that, to pay for his proposed tax cut on the wealthiest Americans, the former Massachusetts governor would have to end popular measures like the mortgage and child deductions and the Earned Income Tax Credit — which chiefly benefit middle-class and poor Americans.
“He’d ask the middle class to pay more in taxes so that he could give another $250,000 tax cut to people making more than three million dollars a year,” Obama said.
"They have tried to sell us this trickle-down, tax-cut fairy dust before. And guess what? It does not work. It didn't work then, it won't work now," the president said. "It's not a plan to create jobs, it's not a plan to reduce our deficit, and it is not a plan to move our economy forward."
Obama's reference to the legendary mythical noble-turned-outlaw was part of an aggressive effort to counter the Republican's attacks on the president's greatest vulnerability — the ailing economy, still sputtering three and a half years after he took office.
"We do not need — I do not need — a tax cut," the president said.
Wild Thing's comment............
Obama sounds more like a communist hardliner every day. This guy is a real sicko!!!!!
Posted by Wild Thing at August 7, 2012 04:50 AM
Comments
According to Obama, the "trickle down tax cut", will not work, and never has.
All one has to do is research and compare the economic condition of this Country at the present time, with the time following the institution of the Regan Tax Cuts, to see how false this statement is.
Pumping good money afte bad into "Green" Corporations like Solyndra?
Now that's what I call a disaster. How many jobs were created and then lost with that SNAFU, Barry?
Posted by: Sean at August 7, 2012 10:32 AM
What we do need is a trial for treason, a guilty find, and a functional guillotine to finalize the process.
Posted by: cuchieddie (on Obamba's Hit List) at August 7, 2012 12:34 PM
