Obama: Reject Romney's snake oil
Source: UPI
WINDHAM, N.H., Aug. 18 (UPI) -- President Obama, campaigning Saturday in Windham, N.H., said Mitt Romney expects the middle class to pick up the tab for his proposed tax cuts for the rich.
Speaking to a crowd of more than 2,000 people at Windham High School, Obama said under the budget proposed by Romney's running mate, Rep. Paul Ryan, R-Wis., Romney would pay "less than 1 percent in taxes each year."
"And here's the kicker. He expects you to pick up the tab," Obama said.
"Governor Romney's tax plan would actually raise taxes on middle-class families with children by an average of $2,000," Obama said. "Ask Governor Romney and his running mate when they're here in New Hampshire on Monday.
Ask them if that's fair. Ask them how it will grow the economy. Ask them how it will strengthen the middle class. They have been trying to see this trickle-down snake oil before. It did not work then, it will not work now, it's not a plan to create jobs, it will not reduce the deficit, it will not move the economy forward. It's the wrong direction for America."
Read more: http://www.upi.com/Top_News/US/2012/08/18/Obama-Reject-Romneys-snake-oil/UPI-23911345321800/
SoapBox
(18,791 posts)Oh Mittens....Oh CouponPaul?
We have some questions!
madokie
(51,076 posts)Peace
Berlum
(7,044 posts)Republican Welfare-for-the-rich sucks.
BeyondGeography
(39,390 posts)people know it's part of a bullshit sales pitch.
I'm also glad Team O is quick to use the Ryan Plan's effectively reducing Romney's taxes down to 1 percent. They are hitting hard and quick. Best Democratic campaign I've ever seen.
riderinthestorm
(23,272 posts)SunSeeker
(51,771 posts)Now THAT is what I want to hear from my President!!!