General Discussion
In reply to the discussion: "Both parties are the same." [View all]hfojvt
(37,573 posts)a Democratic President who did not embrace Reaganomic talking points.
So on a list of Obama's accomplishments are a few things that Republicans would applaud.
What do Republicans always push? Tax cuts, tax cuts and more tax cuts. Tax cuts, Republicans say, are always good. And tax increases are bad.
And Obama embraces that message, and so, apparently, do his supporters. From his list of accomplishments:
"Through the American Recovery and Reinvestment Act , he cut taxes for 95% of Americas working families. http://bit.ly/eSEI4F
Under Obama, tax rates for average working families are the lowest theyve been since 1950. http://bit.ly/f74pD8
He extended and fully funded the patch for the Alternative Minimum Tax for 10 years. http://bit.ly/eFeSdP"
Take the first one as an example. According to CTJ, the stimulus cut taxes for 98% of working Americans. http://ctj.org/pdf/truthaboutobamataxcuts.pdf
However, they don't bother to mention that the richest 10% got 34% of those tax cuts. The richest 20% got 51% of them.
On the other hand, the poorest 40% only got 23% of them.
So, uhm, yeah, it's so great that Obama cut taxes in a way that benefits the top 20% far more than it helps the bottom 40%. That's definitely what I was hoping he would do when I voted for him twice.
No, actually, it wasn't.
For some reason, I was hoping for better than that.