The House Committee on Ways & Means Republicans issued a press release today on how President Obama might make the middle class pay more in taxes. Despite Obama’s promise not to raise taxes on families making less than $250,000 a year, Obama and Congressional have passed, or are considering signing, six different taxes on the poor and middle classes.
“I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.”
Most recently, Treasury Secretary Tim Geithner and White House Economic Advisor Lawrence Summers have refused to reaffirm Obama’s pledge not to raise taxes on the middle class. Here is a chart on how the Democrats will tax middle-class American next:
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