Obama’s Gets PAYBACK For 2010 Bush Tax Cut by Using Christmas to Pressure the GOP

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Remember in 2010 when House Republicans used the threat of throwing millions into poverty at Christmas in order to get the Bush tax cuts extended? President Obama does. In 2012, he is getting payback.

During his remarks the president admitted that he missed being on the campaign trail, and having a conversation with America. Obama repeated his belief in the middle class, and when people can get ahead through hard work. Obama, “I want to reward manufactures and small businesses like this one that create jobs in the United States.”



The president said the fiscal cliff is not some run of the mill debate. The president laid out two paths for the fiscal cliff debate. Congress does nothing and taxes go up on families and business. Obama said, “If Congress does nothing, every family in America will see their taxes go up on January 1. Every family, everybody here, you’ll see your taxes go up on January first. I’m assuming that doesn’t sound to good to you. That’s sort of like the lump of coal you get for Christmas. That’s a Scrooge Christmas.”



Obama argued that because people would see a huge tax hike, businesses would have fewer customers, and the economy would stall. The second path was Congress extending the tax cut for 98% of Americans and 97% of small businesses. He reminded everyone that people making more than $250,000 would still get a tax cut on their first quarter million dollars earned. The president repeated his message that the American people need to urge Congress to pass the middle class tax cut extension.






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http://www.politicususa.com/obamas-payback-2010-bush-tax-cut-christmas-pressure-gop.html


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