Monday, September 24, 2012

Deconstructing Obama's "I Haven't Raised Taxes" comment

An RNC repaid response on the 60 minutes interview and Obama's "I haven't raised Taxes" comment.

Tonight On 60 Minutes, President Obama Claimed “I Haven't Raised Taxes”:

President Obama: “I Haven't Raised Taxes.” OBAMA: Well, it's a lot of rhetoric, but there aren't a lot of facts supporting it. Taxes are lower on families than they've been probably in the last 50 years. So I haven't raised taxes.  I've cut taxes for middle class families by an average of $3,600 per typical family.” (CBS’s “60 Minutes,” 9/23/12)

But Just This Week, The CBO Issued A Report Estimating That Obamacare Will Raise Taxes On Nearly Five Million Middle-Class Americans:

The Congressional Budget Office Estimates Nearly 6 Million Americans Will Get Hit With Obamacare’s Tax Increase. “Congressional budget analysts are now estimating that nearly 6 million Americans — most of them in the middle class — will have to pay a tax penalty for not getting health insurance once President Barack Obama’s health care law is fully in place.” (“Tax Penalty To Hit Nearly 6M Uninsured People,” The Associated Press, 9/19/12)

The CBO Analysis Found That “Nearly 80 Percent Of Those Who’ll Face The Penalty” Are In The Middle Class. “Nonetheless, in his first campaign for the White House, Obama pledged not to raise taxes on individuals making less than $200,000 a year and couples making less than $250,000. And the budget office analysis found that nearly 80 percent of those who'll face the penalty would be making up to or less than five times the federal poverty level.” (“Tax Penalty To Hit Nearly 6M Uninsured People,” The Associated Press, 9/19/12)

In 2016, 4.7 Million Americans – Who Live In Families That Earn Up To $123,000 Per Year – Will Be Subjected To The Individual Mandate Tax In Obamacare. (“Payments Of Penalties For Being Uninsured Under The Affordable Care Act,” Congressional Budget Office, 9/12)

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