Saturday, June 16, 2012

War on the Middle Class



Talking about the economic crisis in Europe and the persistent economic malaise in the United States, Clinton told CBNC that extending the Bush-era tax cuts across the board was “probably the best thing to do right now.”

Obama has made raising taxes on upper earners a signature part of his reelection pitch — and Republicans were quick to exploit the daylight between the two Democratic presidents.

“President Obama’s plans for a massive tax increase after the election will further harm the economy,” Romney’s spokeswoman Andrea Saul said. “Don’t just take our word for it. Today, former President Bill Clinton endorsed continuing tax relief for job creators — not the tax increase President Obama has in mind.”

The US Middle Class has been taking a drubbing over the past four years with the poorer 50% of Americans paying NO income tax at all. The Obama plan to raise taxes massively after the November election isn't resonating with anyone except those who pay no taxes (and owe their status to the Obama Administration).

4 comments:

darlin said...

Why is it the middle class has to suffer? I've always wondered this and why the high upper class pays little to no taxes.

Race Bannon said...

Obama needs to go back and take a math class...and throw in a Constitutional Law class too!

Opus #6 said...

Obama is a lost cause. He needs to go back to Chicago and make way for Romney.

Azra said...

I reckon change is in the air...

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