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Saturday, 08/18/2012 9:45:43 PM

Saturday, August 18, 2012 9:45:43 PM

Post# of 95274
Bold Obama Speech--'trickle-down fairy dust'

tell me conservatives....where is he wrong?

'“The centerpiece of my opponent’s entire economic plan is a new, $5 trillion tax cut, a lot of it going to the wealthiest Americans. '

And his new running mate, Congressman Ryan, put forward a plan that would let Governor Romney pay less than 1% in taxes each year.

Here’s the kicker: he expects you to pick up the tab. Governor Romney’s tax plan would actually raise taxes on middle-class families with children by an average of $2,000.

Not to reduce the deficit, or grow jobs, or invest in education ­but to give another tax cut to people like him.

“Ask Governor Romney and his running mate when they’re here in New Hampshire on Monday if they think that’s fair. Ask them how it’ll grow the economy, or strengthen the middle-class.

They have tried to sell us this trickle-down fairy dust before.

It didn’t work then and it won’t work now. It’s not a plan to create jobs. It’s not a plan to cut the deficit. And it’s not a plan to move our economy forward.”

Read more: http://www.businessinsider.com/obama-romney-taxes-1-percent-paul-ryan-budget-plan-2012-8#ixzz23wEPsP1d

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