Beyond absurd: Obama thinks 80% of Americans want more taxes

Beyond absurd: Obama thinks 80% of Americans want more taxes | End the Lie - Independent News

By Madison Ruppert

Editor of End the Lie

With a tanking economy and average Americans struggling to pay the bills, our so-called President is under the impression that 80% of the people of the United States seek even more taxes.

If Obama was only referring to taxing the extraordinarily wealthy, I would not have an issue with his proposal and indeed I think many Americans would agree with him.

For instance, if the top 25 highest-earning hedge fund managers paid taxes like every other working American, the deficit would instantly be reduced by roughly $44 billion.

Is this the tax increase that Obama is proposing? Is he planning on ending the billions in corporate welfare and off-shoring tax incentives?

Obama claims that the American public is sold on his hybrid approach of spending cuts and tax increases. As the Christian Science Monitor points out, Obama seems to have pulled his 80% figure out of thin air.

More at EndtheLie.com - http://EndtheLie.com/2011/07/16/beyond-absurd-obama-thinks-80-of-americans-want-more-taxes/#ixzz1SJv8UkWr