Another Obama Lie Exposed: 85% of Bush Tax Cuts Went to Middle Class, Not the Rich

Well, maybe "a lie" is a bit harsh. He thinks the middle class is wealthy and they should give more money to the government to run his new and extended programs, or to help the economy emplode. It's not a lie if you think like a liar! Since half the people don't pay federal taxes, don't the rest by definition have to be "the rich?"



From CNN, Dec. 10. 2010

Bush tax cuts: $544.3 billion. The package would extend the Bush tax cuts for everyone for two years.

The bulk of that cost -- $463 billion -- is for the extension of cuts for families making less than $250,000, including two years of relief for 2010 and 2011 for the middle class from the Alternative Minimum Tax.

The rest -- $81.5 billion -- is attributable to the extension of cuts that apply to the highest income families.

The cost of extending all the tax cuts over 10 years would have been $3.7 trillion.

Another Obama Lie Exposed: 85% of Bush Tax Cuts Went to Middle Class, Not the Rich (Video) | The Gateway Pundit