Thursday, April 15, 2010

Taxes Lowest in 60 years, Thanks to Democrats and Obama

To follow up on the previous post on this topic, it is pretty clear that Republicans and Teabaggers have no credibility anymore. For Republicans, this was pretty obvious after the eight years in which President Bush, along with a Republican majority in Congress for most of the time, drove our country into a ditch. Realizing they can't run on their own record, Republicans are now left to lie about what Democrats do.

For the Teabaggers, those who follow politics closely know they are a farce, but for many they are still an unknown entity. Well, if the Teabaggers are sincere when they say they aren't affiliated with a major political party, they ought to be getting behind Democrats and Obama? Why? Because thanks to them, taxes are the lowest they have been in 60 years.

Today, thousands of Tea Partiers will descend on Washington to declare they've been "Taxed Enough Already." Yesterday's poll found that 64 percent of Tea Party supporters think the administration has raised taxes -- a finding that might leave Democrats banging their heads against their desks.

"The American people need to be reminded that 98 percent of Americans got a tax cut last year," Senate Majority Leader Harry Reid said Wednesday.

Reid was referring to the impact of the American Recovery and Reinvestment Act, otherwise known as the stimulus -- essentially, the only Obama policy to really impact people's 2009 tax returns. In fact, tax refunds reached an all-time high this year in part because of the stimulus, the president said in his weekly address on Saturday. Meanwhile, taxes are at their lowest levels in 60 years, according to William Gale, co-director of the Tax Policy Center and director of the Retirement Security Project at the Brookings Institution.

"The relation between what is said in the tax debate and what is true about tax policy is often quite tenuous," Gale told Hotsheet. "The rise of the Tea Party at at time when taxes are literally at their lowest in decades is really hard to understand." Link

With respect to Republicans, you can almost understand why they need to lie and say that Democrats are raising your taxes. This has been their best issue for decades. Without, what do they have?

But for Teabaggers, what is their excuse for ignoring the truth? Shouldn't they support the fact that Obama has lowered the deficit? Just like previous Democrats have? Shouldn't they support the Democratic Party since they create more private sector jobs than Republicans? Makes you wonder why they despise President Obama and Democrats. One reason is that the Teabaggers are mostly just angry Republicans. They are sore losers from the 2008 election, and for whatever reason, they refuse to acknowledge that President Obama is superior to any politician in America.