More Lies by Obama on Taxes

In order to deflect criticism of his plans to allow the Bush tax cuts to expire in 2010, thus creating the largest single tax increase in U.S. history, Barack Obama persistently states that those tax cuts did nothing for the middle class and working poor.

FACT CHECK! That statement is a lie.

The fact is that an across-the-board tax cut, which characterized both of Bush's major tax cuts during his 8 years in office, put money back in the pockets of ALL taxpaying citizens.

Every working American who pays taxes got a tax rebate check from the IRS, unless they had prior tax issues such as a lien.

Yet Obama will allow those cuts to expire if elected, with the help of the other 2 ominous characters in his 'evil triumvirate,' Nancy Pelosi and Harry Reid.

That will mean that without doing anything at all to sign new legislation, Obama will see to it that you will automatically owe back to the government whatever you got in those 2 tax cut stimulus checks you received over the last 8 years.

For a struggling, working-class family of four, for example, that could cost them up to $1200 or more in more taxes under the Obama plan.