"I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase," President Barack Obama promised during his campaign. "Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes."
Associated Press
"I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase," President Barack Obama promised during his campaign. "Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes."
He soon violated that promise when he signed the "fiscal cliff" deal (H.R. 8) into law. This so-called "deal" raises taxes by $620 billion over 10 years and only cuts $15 billion in spending.
What the president didn't mention in his press conference about this "deal" is that a payroll tax cut will lapse, resulting in a tax increase for 77 percent of American households. Everyone from Utah rightly voted against this so called "deal" except for our senior senator, Orrin Hatch.
Blake Cozzens
Cedar City
- In our opinion: Frances B. Monson's...
- Dan Liljenquist: Chaffetz's search for truth...
- Matthew Sanders: Imploding trust in America's...
- Letters: Deception and government
- Michael Gerson: As government's ambitions...
- What others say: Assault on core values
- Letter: The real death panel: Republican...
- Letters: Paycheck Fairness Act
Subscribe
Mobile
RSS
It was President Obama who got congress to enact the 2% rate reduction in SS taxes. He stated right from the beginning that it would be a temporary measure to help stimulate the economy, it was never intended to be permanent. The rate has gone back More..
Because we all know Obama really does write all the laws himself and none of the elected Congresspeople have anything to do with it other than voting for or against it....
Politics are so simple when you just blame the President for More..
The president's enemies will stop at nothing, even to the point of making themselves look ignorant and out of touch, to discredit everything he says. The fact that this author has attempted to make it look like the end of the payroll tax holiday More..