Here’s a look at the 2011 income tax rats when Obama was President.
President Obama’s State of The Union address was well delivered. He said almost everything right – from restoring spending discipline to improving education to allowing everyone access to affordable health care. The one thing President Obama didn’t say correctly was regarding taxation. He said illogically not to let millionaires get away with their tax cuts at the expense of X, Y, and Z.
Can anybody guess where the inconsistency is in President Obama’s words on income taxes? On the one hand, President Obama attacks millionaires, yet he so strongly pushes to raise taxes on individuals making only $200,000 and couples making $250,000! Last time I checked, someone making $200,000 a year isn’t making a million dollars. And someone making $200,000 a year isn’t necessarily a millionaire!