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pinboy3niner

(53,339 posts)
3. The greatest lie ever told: Obama is a classic tax and spend liberal
Wed Jul 11, 2012, 08:56 PM
Jul 2012



Wed Jul 11, 2012 8:15 PM EDT

The greatest lie ever told, the ones Republicans most want you to believe, is that President Obama is a classic tax and spend liberal.

In truth, under Obama taxes have hit a 30-year low, in part because of tax cuts enacted by the president as part of the stimulus package.

Average federal tax rates are lower than they were under Ronald Reagan, George H.W. Bush, Bill Clinton and George W. Bush.

These are numbers from the Congressional Budget Office and it doesn't matter if you look at just income taxes or all federal taxes combined, under President Obama, taxes are at a 30 year low.

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