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Obama Mocks Tea-Party Protestors While Taking Advantage of Tax Loopholes For Himself
Posted By Joseph Klein On April 16, 2010 @ 11:47 am In NewsReal Blog | No Comments
As usual, the mainstream media plays down the Tea Party protests except when it tries to paint them in a bad light. For example, the Tax Day protests in Washington, D.C. were buried on p. 17 of The New York Times, right above an article reporting that the Obamas paid $1,792,414 in federal income taxes on earnings of $5,505,509 for 2009. Is that juxtaposition supposed to be some sort of subtle message that President Obama shares our pain and, therefore, we have nothing to be upset about?
In truth, Obama’s tax reporting raises some concerns of its own. For example, I would like to know why the Obamas deducted $52,195 in home mortgage interest payments and $22,456 in real estate taxes when they have lived for free at taxpayer expense in the White House since January 20, 2009? Even if there were a loophole that they were entitled to take advantage of, why didn’t the Taxer-in-Chief forego these deductions, as well as his $329,100 in charitable deductions, as an example to the rest of us? After all, his Vice President Joe Biden said that paying higher taxes is the “patriotic” thing for the wealthy to do.
For his part, Obama told a fundraiser in Miami in mocking tones that Tea Party protestors should be thanking him for lower taxes:
You would think they’d be saying thank you
With that bit of prompting, his dutiful fans stood up and yelled, “Thank you!”
No doubt, the nearly half of American households who do not pay any federal income taxes today are thankful to Obama. For the rest of us, the only reason to thank Obama would be if, by some miracle, he decides not to run again in 2012. Since that is not likely to happen, we will have to vote him out along with his cronies in Congress.
As Representative Michele Bachmann told Tea Party protestors in Washington, D.C. yesterday,
I’d say it’s time for these little piggies to go home.
According to an analysis by the Heritage Foundation, President Obama’s 2011 budget calls for $2 trillion in higher taxes over 10 years—after accounting for the $154 billion in tax cuts called for in the budget.
But even if Obama were the tax-cutter he claims to be, which he is not , it is his big government socialism and the ballooning increase in the national debt that are upsetting so many Tea Party protestors and millions of other Americans.
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