Posted on 02/01/2011 12:27:13 PM PST by 92nina
During his testimony at a Jan. 26 House Ways & Means Committee hearing on the new healthcare law, Austan Goolsbee squirmed and obfuscated while repeatedly denying an inconvenient truth about Obamacare: the law contains numerous tax hikes on those making less than $250,000 per year -- a violation of President Obamas central campaign promise not to sign into law any form of tax increase on these families.
Rep. Pat Tiberi (R-Ohio) simply asked Goolsbee, -- chairman of the White House Council of Economic Advisers -- whether a series of tax hikes in Obamacare were indeed tax hikes.
Below are the cryptic and dishonest replies from Dr. Goolsbee when asked whether each of the provisions in Obamacare were indeed a tax increase...
Read more: http://www.atr.org/top-obama-advisor-lies-health-care-a5809#ixzz1CjwjrAe6
(Excerpt) Read more at atr.org ...
Take this article and others I found to the fight to the Libs on their own turf; put the Left on the defensive at at Digg and at Reddit and in Delicious and Stumbleupon
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They weren’t honest during the debate on health care reform. Why should we expect them to be any different as Congress now debates its repeal?
btt
Hamada, hamada, hamada...
So, Dr. Goolsbee-here's a tax question:
A taxpayer has gross income of $100,000. He has medical expenses of $20,000. Before Obamacare, he would have been allowed to deduct that portion of his medical expenses that exceed 7.5% of his income. In other words, he would be able to deduct $12,500, which reduces his taxable income from $100,000 to $87,500.
Under Obamacare, he will now only be able to deduct that amount of medical expenses above a 10% threshold. So, he can only deduct $10,000, which reduces his taxable income to $90,000.
Since the Bush tax rates were left unchanged, are you going on record, under oath, and saying that the taxes on $90,000 would not be an increase vis a vis the taxes on $87,500? Is that not a tax increase for someone making under $250,000?
The ‘rich’ (Bill Oreilly types) will not be paying more in taxes. The poor don’t pay any taxes. That leaves middle America.
but then that is how Cloward Piven works...collapse the middle and it all falls.
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