New BMI Special Report: Obama the Tax Cutter
The largest tax hikes in history are imminent and it is still unclear whether Congress and President Obama will come to an agreement before January 1. The networks should have seen those tax hikes coming a mile away, but the Business & Media Institute found the primary theme of their tax cut stories was Obama as the hero, cutting taxes for the middle-class, not as a tax increaser.
This is the subject of BMI's brand new Special Report: Obama the Tax Cutter: A Network Fairy Tale.
Like the fabled town of Hamelin that hired the Pied Piper to conquer its rat problem, America needed a hero to overcome a faltering economy. According to the news media, that hero was Sen. Barack Obama who made extravagant promises about tax cuts for 95 percent of “working families” and getting the economy back on track.
Promises, promises. Obama also signed a $65-billion tax hike into law. Up to $4.2 trillion more in tax increases will hit taxpayers starting January 1. Yet, when the networks talked about tax cuts, ABC, CBS and NBC have portrayed Obama as a tax cutter more than four times as often as they talked about him raising taxes. Those potential tax increases are almost 20 times the size of the $214 billion temporary tax cuts Obama included in the stimulus bill. Tax cutter? Hardly.
The tax increases will hurt the middle-class, not just the wealthy. They also violated Obama’s “firm pledge” not to increase taxes on any family making less than $250,000 per year and the networks failed to hold him accountable.
You can read the executive summary or the full report on BMI's new website.
- Julia A. Seymour's blog
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Comments
I'm seeing a sudden surge in
Submitted by Van Halen on Thu, 10/21/2010 - 10:28am.
I'm seeing a sudden surge in Liberal comments and JournOList articles on the alleged things Obama has made better in this country - lowering taxes, saving the economy, getting us out of Iraq, lowering crime - all crap. It's plain and simple flailing by the Left but it's not going to work because of one simple thing - the economy is in shambles and no amount of sugarcoating the last two years is going to fool the nation when virtually everyone knows someone who is broke, unemployed, or on the battlefield.
Here's the crap,
Submitted by SickofLibs on Thu, 10/21/2010 - 10:39am.
all in one place.
...warning...level 5 gag alert...
It's real clear
Submitted by jon_torlin on Thu, 10/21/2010 - 11:31am.
It is still unclear whether Congress or President Obama will come to an agreement before January 1.
Given their past actions of the last 2 years, I think it's pretty clear which way it's going to go. Whoever heard of Democrats being all for tax cuts or rather not decreasing taxes?
-Jon
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