red states rule
05-23-2011, 01:41 PM
Now the liberal media can attack Republicans for being "unreasonable" and NOT raising taxes
Didn't Obama just agree to keep the tax rates were they have been for the last 10 YEAR?
New facts released by the office of House Budget Chairman Paul Ryan, R-Wis., reveal a hidden tax increase in President Obama's budget proposal. Obama's plan would, these facts demonstrate, impose a 20 percent increase in the top income tax rate - a significantly greater increase than the president has admitted.
The news media fancies itself a watchdog, so if the president is going to dramatically hike taxes, one would hope that Americans would hear about it first. But thus far, there has been almost no coverage of these stealth tax hikes. On Monday, Washington Post fact-checker Greg Kessler confirmed the veracity of Ryan's claims. Whether other major media outlets report on them will be the true test.
Congressman Ryan broke down the president's proposed tax hikes into a pair of separate measures that effectively increase the top tax rate. Taken with an existing Medicare payroll tax, the new top tax rate under Obama's plan would be 44.8 percent, not the 39.6 percent the administration claims - and significantly higher than current top tax rates.
Read more: http://www.newsbusters.org/blogs/lachlan-markay/2011/05/23/will-watchdog-media-report-obamas-stealth-tax-hike#ixzz1NCbUOobK
Didn't Obama just agree to keep the tax rates were they have been for the last 10 YEAR?
New facts released by the office of House Budget Chairman Paul Ryan, R-Wis., reveal a hidden tax increase in President Obama's budget proposal. Obama's plan would, these facts demonstrate, impose a 20 percent increase in the top income tax rate - a significantly greater increase than the president has admitted.
The news media fancies itself a watchdog, so if the president is going to dramatically hike taxes, one would hope that Americans would hear about it first. But thus far, there has been almost no coverage of these stealth tax hikes. On Monday, Washington Post fact-checker Greg Kessler confirmed the veracity of Ryan's claims. Whether other major media outlets report on them will be the true test.
Congressman Ryan broke down the president's proposed tax hikes into a pair of separate measures that effectively increase the top tax rate. Taken with an existing Medicare payroll tax, the new top tax rate under Obama's plan would be 44.8 percent, not the 39.6 percent the administration claims - and significantly higher than current top tax rates.
Read more: http://www.newsbusters.org/blogs/lachlan-markay/2011/05/23/will-watchdog-media-report-obamas-stealth-tax-hike#ixzz1NCbUOobK