Over the past week or two, Barack Obama has been saying that the "vast majority" of small businesses in America make less than $250,000 per year, and therefore will not be subject to his proposed tax increase. This statement is completely false -- by such a wide margin that anyone taking a moment to think about it knows intuitively that the first part can't even possibly be true -- yet the MSM has accepted it without question.
The big problem for us citizens is how part one plays into part two: In reality, most small businesses do make more than $250,000, and because of this their tax burden will be increased under Obama's tax plan. It does not take rocket science to see how this Molotov cocktail of an "idea" will inflict hardship on the American economy and especially on those very same working families Obama wants you to think he cares about. In already tough economic times, taking money away from these businesses would make it harder for them to stay afloat because they would have less capital to work with; this would force them to cut costs, which means layoffs; and with government making it ever harder to do business, there would be a disincentive to start new businesses.
Obama has to know that small businesses are targeted by his tax plan. That he is flatly saying otherwise, while knowing that his allies in the MSM won't call him on it, shows him to be a devious manipulator intent on exploiting people's ignorance to deceive them into voting for him.
And now for the redux. I previously commented on Obama's lies about John McCain's stance on stem cell research, lies made all the worse by the fact they are contradicted by McCain's actions in addition to his words. This morning on the way to work, I heard another Obama ad repeating the same false claims. Time and again he proves that he cares about nothing but his own grasp for power, and time and again the MSM proves that its goal is to help him succeed no matter what.
The big problem for us citizens is how part one plays into part two: In reality, most small businesses do make more than $250,000, and because of this their tax burden will be increased under Obama's tax plan. It does not take rocket science to see how this Molotov cocktail of an "idea" will inflict hardship on the American economy and especially on those very same working families Obama wants you to think he cares about. In already tough economic times, taking money away from these businesses would make it harder for them to stay afloat because they would have less capital to work with; this would force them to cut costs, which means layoffs; and with government making it ever harder to do business, there would be a disincentive to start new businesses.
Obama has to know that small businesses are targeted by his tax plan. That he is flatly saying otherwise, while knowing that his allies in the MSM won't call him on it, shows him to be a devious manipulator intent on exploiting people's ignorance to deceive them into voting for him.
And now for the redux. I previously commented on Obama's lies about John McCain's stance on stem cell research, lies made all the worse by the fact they are contradicted by McCain's actions in addition to his words. This morning on the way to work, I heard another Obama ad repeating the same false claims. Time and again he proves that he cares about nothing but his own grasp for power, and time and again the MSM proves that its goal is to help him succeed no matter what.
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