Obama Tax Cuts Going Unnoticed

The Tea Party Republicans have succeeded in making us believe that President Obama raised our taxes. We’ve been bamboozled again.

As the New York Times reported earlier this week:

“In a troubling sign for Democrats as they head into the midterm elections, their signature tax cut of the past two years, which decreased income taxes by up to $400 a year for individuals and $800 for married couples, has gone largely unnoticed. “

Not only is the Obama tax cut unnoticed but completely forgotten and ignored in the negative mudslinging ads proliferating our airways as we head to November.

Now we are being told again the way to create jobs is with more tax cuts. Well how is that working for you? Eight years of Bush tax cuts and two more years of Obama tax cuts have not produced the promised job growth. Despite the fact we are enjoying the lowest tax rates since 1950.

The only thing the tax cuts have accomplished is to make the rich richer and the rest of us scrambling to pay their bills.

As election day nears it will get even more difficult to separate perception from fact. If we knew that 1/3 of the Obama stimulus funded our tax cuts would we still think it was a bad idea?