AP Demolishes Obama Jobs Press Conference: Not Truthful!

As I listened to Obama drone-on from the East Room of the White House yesterday about his Jobs bill, I wanted to smash something when he said Republicans always support tax cuts, but for bi-partisan reasons were not supporting his. The fact is, there are $10 Billion of tax hikes in the Obama plan.

Obama Jobs Plan

The AP points out as a “Fact,” that the only way the Jobs Bill is paid for is with increased taxes.

Obama said that rolling back his environmental “regulations” will not create jobs, but the AP offered this “Fact:”

The chamber [Chamber of Commerce] did not indicate how many jobs such regulatory changes could create, but it said: “Immediate regulatory relief is required in order to begin moving $1 trillion-$2 trillion in accumulated private capital off of the sidelines and into business expansion.”

The AP smashed Obama’s claim that “millionaires and billionaires” have lower tax rates due to loopholes, by saying that is a claim “unsupported by IRS statistics.”

In 2009, 1,470 households filed tax returns with incomes above $1 million yet paid no federal income tax, according to the IRS. Yet that was less than 1 percent of returns with incomes above $1 million. On average, taxpayers who made $1 million or more paid 24.4 percent of their income in federal income taxes; those making $100,000 to $125,000 paid 9.9 percent; those making $50,000 to $60,000 paid 6.3 percent. The White House argues that when payroll taxes — paid only on the first $106,800 of wages — are factored in, more middle class workers wind up with a higher tax rate than millionaires.

So only 1,470 household, less than 1% of incomes above $1 Million, avoided paying Federal taxes. So fix it!

UPDATE: I forgot to mention that the AP piece also points out that Obama’s claim that Republicans are holding up his Jobs bill is pure fantasy – not true.

Read the entire analysis.

Thanks to Gary Varvel for the cartoon.

Posted by Maggie @ Maggie’s Notebook

  • Unfortunately his lies and continual class warfare baiting are working. The uninformed believe what he says and the LSM refuses to give the truthful facts of the Bill nor will they call him out on his lies.
    With nearly 40% of Americans on the dole in this country it is easy to fool them into believing that he is working for them. It is a fact that they are not working but depending on such nonsense as Obama presents. This suits their agenda to a tee as well as his.
    As long as people are swallowing his outright lies and twisted facts it does not bode well for this country.
    Here is an example of such A recent poll asked:
    “Do you think Barack Obama’s political strategy for re-election is designed to bring people together with a hopeful message, or drive people apart with a partisan message?” the poll asked.

    Fifty-six percent said the president is pursuing his campaign strategy to bring people together. That majority of registered voters included 53 percent of independents and 68 percent of self-described moderates. It also includes 58 percent of people who earn over $50,000 annually.

    Similarly The Washington Post released a poll showing that the class division strategy is hurting the Republicans. It found 47 percent of Americans agree that the GOP represents the interests of the nation’s rich.

    The GOP had better figure out how to defeat the lies of the “Liar’n Chief” or they can kiss 2012 goodbye

  • The most breath-takingly corrupt administration in recent history. All smoke and mirrors, all fuzzy math, all distortions, all fabrications – I can’t even watch President Pantywaist speak without feeling the need for a shower. Only a year and a month (give or take) to go until Bloodbath II. Heaven help us all.

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