ABC Obama tells him, “It’s not that I want to punish your success. I just want to make sure that everybody that is behind you, that they have a chance for success too.”
Obama claims that the majority of small businesses make less than $250,000 a year, which is a flat out lie. One of Barack Obamas most potent campaign claims is that he’ll cut taxes for no less than 95% of working families. He’s even promising to cut taxes enough that the governments tax share of GDP will be no more than 18.2% — which is lower than it is today.
Its a clever pitch, because it lets him pose as a middle-class tax cutter while disguising that hes also proposing one of the largest tax increases ever on the other 5%. But how does he conjure this miracle, especially since more than a third of all Americans already pay no income taxes at all? There are several sleights of hand, but the most creative is to redefine the meaning of tax cut. For the Obama Democrats, a tax cut is no longer letting you keep more of what you earn. In their lexicon, a tax cut includes tens of billions of dollars in government handouts that are disguised by the phrase tax credit. Barack Obama is proposing to create or expand no fewer than seven such credits for individuals.
If Barack Obamas goal as President is to spread the wealth around, perhaps his unconditional meetings with Hugo Chavez, Raul Castro, and Kim Jong-Il arent so crazy — if nothing else they can advise an Obama administration on economic policy.
Why is Barack Obama being dishonest to the American people? And why does the mainstream media always cover for his lies?
The answer: Because Obama is nothing more than a tax and spend Liberal who wants to turn America into The United Socialist States of America– he’s a Marxist. And the Obama-Media knows he would never win the election if they actually reported the truth.
Duration : 0:5:47
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Maxed Out takes viewers on a journey deep inside the American style of debt, where things seem fine as long as the minimum monthly payment arrives on time. With coverage that spans from small American towns all the way to the White House, the film shows how the modern financial industry really works, explains the true definition of “preferred customer” and tells us why the poor are getting poorer while the rich keep getting richer. Hilarious, shocking and incisive, Maxed Out paints a picture of a national nightmare which is all too real for most of us. Great for college students.