Americans for Tax Reform suggests the following questions be asked of President Obama tonight as he holds the third prime time press conference of his presidency:
Tax Hikes on Those Making Less than $250,000: You repeatedly promised during your campaign that you would not raise taxes on people making less than $250,000 per year. Yet your very own budget contains a “Cap and Trade” tax plan that will increase taxes on every American family by $3,100 per year, and other provisions that could total as much as $10,000 per year. Rep. John Dingell (D-Mich.) recently said “No one in this country realizes that Cap-and-Trade is a tax, and it’s a great big one.” Do you agree with him?
Transparency: The website BarackObama.com emphasizes a promise you made during your campaign – a promise that all legislation reaching your desk will be posted online for five full days so that Americans have a chance to review it. On numerous occasions, including the “Stimulus” bill, you have not lived up to this promise. Why?
95 Percent of Working Families: You have said that your budget cuts taxes for 95 percent of working families. Yet the IRS reports that one-third of tax returns record no income tax liability. How is your claim mathematically possible?
Small Business Tax Hikes: You have said that your plan to raise tax rates on families making $250,000 or more will only affect a small percentage of small businesses, which pay business taxes on their owners’ 1040s. Yet IRS data shows that $2 out of every $3 in profits earned by small businesses pays taxes in just these households. Isn’t the fact that most small business profits will be subjected to a tax hike an important consideration?