Free Markets, Free People
Wow … it has to be a pretty bald-faced lie when Obama can’t even get PolitiFact to cover for him:
In an interview on Super Bowl Sunday, Fox News host Bill O’Reilly asked President Barack Obama to react to a Wall Street Journal editorial that accused Obama of being "a determined man of the left whose goal is to redistribute much larger levels of income across society."
"Do you deny that you are a man who wants to redistribute wealth?" O’Reilly asked.
Obama first noted the conservatism of the Wall Street Journal’s editorial page, then denied the charge "absolutely."
"I didn’t raise taxes once. I lowered taxes over the last two years," Obama said.
And to deny his claim so emphatically:
The idea that Obama did not raise taxes is just plain wrong. He signed legislation raising taxes on cigarettes and other tobacco products soon after taking office; that money goes to pay for children’s health insurance programs. The law went into effect in 2009. He also signed the health care law, which includes taxes on indoor tanning that went into effect last year. (Regular PolitiFact readers will remember our fact-check of reality TV star Snooki and her complaint about the new tax last year.)
The new health care law also includes a tax on people who decide not to have health insurance, as an incentive for them to get coverage. The tax phases in gradually, starting in 2014. By 2016, the tax would be $695 per uninsured person up to a maximum of three times that amount, or $2,085. The law includes exemptions for people who can’t find affordable insurance, and a few other special circumstances.
More significantly, the health care law includes new taxes on the wealthy, starting in 2013. Individuals who make more than $200,000 and couples that make more than $250,000 will see additional Medicare taxes of 0.9 percent. They will also, for the first time, have to pay Medicare taxes on their investment income at a 3.8 percent rate. (Current law is that all workers and employers split a 2.9 percent Medicare tax; the self-employed pay all of it.)
Then, of course, there’s the tax increase that failed. Although he can’t be held responsible for the failure to enact it (the increase in taxes on “the rich”) it certainly wasn’t for a lack of trying.
Like I’ve said repeatedly, Obama has a real disadvantage this next election cycle – he actually has to run on a record for a change. And nonsense like this should and will be consistently confronted and shot down.
Not good for the image, Mr. Obama.