Here is a list of the socialist regime’s actions against the people thus far. I have included a “Socialist-o-meter” rating in parenthesis after each of the bullet points.
The first bill signed by President Obama regarding taxes was the American Recovery and Reinvestment Act which effectively:
- CUT taxes for 95% of working class families (0/10)
- Gave 70% of the tax cuts to the middle 60% of American workers (4/10)
Then we saw The Tax Relief, Unemployment Insurance Re-authorization, and Job Creation Act of 2010 which:
- Extends middle class tax cuts to prevent a typical working family from facing a tax increase of over $2,000 on January 1 (0/10)
- Provides a 2% payroll tax cut to 159 million workers – providing the typical working family with an additional $1,000 tax cut (0/10)
The most recent action being Middle Class Tax Relief and Job Creation Act of 2012 which:
- Extends unemployment insurance so that millions of Americans who are looking for work will still be able to depend on the vital lifeline of unemployment insurance (6/10)
- Includes important reforms that the President proposed in the American Jobs Act to help discourage businesses from laying off workers and to connect workers with jobs. (4/10)
Its a shame, my calculator added that up to be 14/60 in socialist points. I spend over $100 on the damned thing and it doesn’t even know that Obama is a socialist! Now, I do understand that Obama intends to raise the taxes on the 2% of Americans who make over $250,000 a year. If one wants to call this socialism, he must also call Eisenhower a socialist also.
Dwight D. Eisenhower (Republican)
- Marginal Tax Rate on Regular Income over $400,000: 92% – 91%
Barack Hussein Obama (Socialist)
- Marginal Tax Rate on Regular Income: over $372,950 – over 388,350: 35%
If you feel that any information is inaccurate, feel free to report it. Please prove me wrong, but do not say that I am biased towards Obama without disproving any of the facts I have provided.
- Obama: ‘Wild-Eyed Socialist Ronald Reagan’ Supported Buffett Rule (usamericanfreedom.com)
- Did Tax Cuts Cause the 2008 Financial Crisis? (motherjones.com)
- Obama is No Ordinary Socialist (genomega1.wordpress.com)