Fact Check: Taxes on the Middle Class
Vice President Biden just claimed that Republicans are blocking tax increases on the middle class. That’s ironic, because the Obama Administration – in Obamacare and elsewhere – passed massive tax increases on the middle class. As Politifact noted when it called Barack Obama’s “firm pledge” not to raise taxes on the middle class a promise broken: “Smokers, tanning aficionados, the happily uninsured: More taxes coming at ya!” In fact, the Congressional Budget Office recently noted that 600,000 people with incomes UNDER the federal poverty level – that’s $15,130 for a family of two in 2012 – would pay higher taxes due to Obamacare’s mandate that all individuals buy health insurance or pay a tax.
The Vice President’s claims aside, the American people will take no lessons from this Administration on how to cut taxes on the middle class.