Are you tired of ..........?xml:namespace>
· Feeling like no one is fighting for working people?
· Ceos taking all our money?
· Corporations shipping our jobs out of the country?
· Companies escaping THEIR tax burden?
· Having no health care?
· Health care costs killing you?
· Making an economic decision to not utilize your Health Care?
· Having no retirement?
· Big business getting so big it seems to control everything?
· Gas prices with record profits for oil companies?
· Your hard work being exploited by a company?
· The banks exploiting the average hard working American?
· Being afraid to ask for a raise?
· The cost of living rising faster than your wages?
· Being laid off?
· Being over qualified for your job because you can't find a better paying one?
· Living pay check to pay check?
· Working in fear?
Thursday, September 22, 2011
Sarah Palin Praises Lamestream AP’s Misleading ‘Fact Check’ For Exposing Obama’s ‘Lies’
PALIN: The president is way off on his math for one. And I hope that you will get into what the AP did in terms of fact checking. I so appreciate that they just wanted to get to their readers, some information that helps us make better decisions. And I appreciate that they called the president on some of these — you know, I call them lies. Because I think surely, the president is too smart to not have people around him with a calculator and can tell us truly what people’s tax rates are and what his proposals will result in new tax rates been.
The AP’s “fact-check” completely missed the point of Obama’s tax plan, which would make sure that wealthy Americans don’t pay less in taxes than middle-class Americans. The provision is dubbed the “Buffett Rule,” in honor of Warren Buffett, who has been advocating for higher taxes on the wealthy, like him.
The AP “fact check” claims that Obama is wrong because the average tax rate on the wealthy is already higher than that on the middle-class. But no one is disputing this. What the AP and Palin ignore is that there are many wealthy people who do not pay anywhere close to that higher rate.
In 2009, 1,470 households reported income of more than $1 million, but paid zero federal income tax. For the richest 400 people in the country, the average effective federal income tax rate in 2008 was just 18.11 percent. The Buffett rule is meant to ensure that this group of people can no longer slip through the tax code’s cracks.
Moreover, Palin’s invocation of the word “lie” — a word, while often hinted at, that is almost never used in politics — is notable, especially considering the AP never alleged anything of the sort.