President Obama will be giving his latest speech from the East Room, this time with a laser-like focus on the “Bush Tax Cuts.” Another day, another speech with the same tired class warfare rhetoric. Pretending to care about the middle class while hiking taxes on job creators.
President Obama today will push for extension of middle class tax cuts. Will the GOP join him to provide certainty for 98% of Americans?
— Jason Goldman (@Goldman44) July 9, 2012
We really didn’t need a preview of the speech to figure out what would be in it.
Obama's Dictionary: TAX CUT (n) taks-kut
The temporary delay of a massive tax hike. Rates unchanged.— Rory Cooper (@rorycooper) July 9, 2012
This speech is going to feature the Bush tax cuts and the Buffet Rule. Let’s check Obama’s Dictionary and see what he thinks a tax cut is.
Use of "Bush Tax Cuts" language is deliberately misleading. Current tax policy debate has nothing to do with Bush or Cuts.
— Rory Cooper (@rorycooper) July 9, 2012
Shorter Obama: "Yeah, I'm going to hike taxes on the very people we need to create jobs. I'm a genius." #tcot #p2
— RBe (@RBPundit) July 9, 2012
I missed this: Obama pays lower tax rate than his secretary, but would not be impacted by the "Buffett Rule." http://t.co/q5BpMDRp
— jimgeraghty (@jimgeraghty) July 9, 2012
Don't be fooled by @BarackObama's rhetoric. $250k is the new $100k. They're not "the rich." The tax hikes won't stop at $250k either.
— ن Mikey Ramone ن (@ThePantau) July 9, 2012
It wasn't that long ago when Obama was telling us we shouldn't raise taxes in a recession. What changed between then and now? @Obama2012
— Kevin (@keder) July 9, 2012
Reaction from the Right has been swift and scathing, and the president hasn’t even started giving his speech yet!
Twitchy will monitor reaction to the speech and update with the best tweets.
Amazing! This speech sounds a lot like every other speech the president gives.
President Obama: "Right now, our top priority has to be giving middle class families & small businesses the security they deserve"
— White House Live (@WHLive) July 9, 2012
Obama's tax hike would hit businesses that account for 53 percent of all business income: http://t.co/lpYDcYnr
— RNC Research (@RNCResearch) July 9, 2012
"I'm not proposing anything radical here." Just a tax hike on 900,000 small businesses.
— Lachlan Markay (@lachlan) July 9, 2012
https://twitter.com/kesgardner/status/222377507847012352
How does this offer security to small business owners?
Obama claims he's saved typical middle class families $3600 annually.
— Allie Lee (@AllieLeela) July 9, 2012
Really?! The president has saved middle class families $3600 per year?
Suuuure he has. NOT. RT @TabithaHale: Obama claims he's saved typical middle class families $3600 annually.
— Kimberly Haney (@kimberlyhaney) July 9, 2012
Obama: "We've cut taxes for the typical middle class family by $3600." I smell fertilizer.
— toddstarnes (@toddstarnes) July 9, 2012
Conservatives are skeptical about this statistic.
President Obama strangely fails to mention his massive Obamacare mandate tax that hits the middle class. #ObamaTaxHikes
— Rory Cooper (@rorycooper) July 9, 2012
Mr. President, you seem to have forgotten something!
Obama: "It’s time to let the tax cuts for the wealthiest Americans, folks like myself, expire."
— Jen Hemmerdinger (@TaxAnalystsJen) July 9, 2012
RT @davidhauptmann: Oh so Obama is admitting Dems were less than truthful when the claimed the 01 and 03 tax cuts were "for the wealthy"?
— Lachlan Markay (@lachlan) July 9, 2012
Interesting, so the Bush tax cuts weren’t just for the wealthy?!
RT if you agree with the President's proposal to allow the Bush tax cuts for the wealthy to expire #edshow
— Ed Schultz (@edshow) July 9, 2012
Liberals’ reaction to this issue was, shall we say, not unexpected.
.@BarackObama: Fate tax cuts for the "wealthiest Americans" will be decided by outcome of next election.
— David M. Drucker (@DavidMDrucker) July 9, 2012
Yes, I'm sure Obama would like to delay this debate until after the election. No thanks.
— Lachlan Markay (@lachlan) July 9, 2012
Anyone want to bet that conservatives aren’t going to wait until after the election to have a debate on the president’s tax policies!