<http://scottystarnes.wordpress.com/author/scottystarnes/> 


 
<http://scottystarnes.wordpress.com/2011/06/02/obama-told-republicans-his-ta
x-rate-is-lower-than-ronald-reagans/> Obama told Republicans his tax rate is
lower than Ronald Reagans 


 <http://scottystarnes.wordpress.com/author/scottystarnes/> Scotty Starnes |
June 2, 2011 at 11:22 AM | Tags:
<http://scottystarnes.wordpress.com/?tag=debt-ceiling> debt ceiling,
<http://scottystarnes.wordpress.com/?tag=president-obama> President Obama,
<http://scottystarnes.wordpress.com/?tag=president-reagan> President Reagan,
<http://scottystarnes.wordpress.com/?tag=republicans> Republicans,
<http://scottystarnes.wordpress.com/?tag=tax-rate> tax rate | Categories:
<http://scottystarnes.wordpress.com/?cat=35145> Political Issues | URL:
<http://wp.me/pvnFC-5nx> http://wp.me/pvnFC-5nx 

This coming from a guy who was forced to extend the "evil" Bush tax rates.
Obama has no tax rate. Reagan's tax rate was 28% during his last year in
office ('88). Today's tax rate is 35%. No wonder Republicans rolled their
eyes when they heard, yet another,
<http://www.politifact.com/truth-o-meter/statements/2010/sep/22/barack-obama
/barack-obama-says-taxes-are-lower-today-under-reag/> Obama lie.

From
<http://thehill.com/homenews/house/164199-gop-rolls-eyes-as-obama-talks-abou
t-lower-taxes-than-reagan> The Hill:

Republicans attending a White House meeting on Wednesday didn't take kindly
to President Obama telling them tax rates were higher during the Reagan
administration.

Obama wants to raise taxes, again, instead of ending his historic spending
spree. Telling such a lie is no big deal since each time he speaks, he lies.

GOP members engaged in a lot of "eye-rolling," according to a member who was
on hand to hear Obama, who invited House Republicans to the White House for
discussions on the debt ceiling. The White House and Republicans are trying
to reach a deal on spending cuts that could allow the $14.3 debt ceiling to
be raised.

"[The President] made a comment like the tax rate is the lightest, even more
than (under former President) Reagan," Rep. Lee Terry (R-Neb.) told The Hill
following the meeting.

...In the last year of Reagan's presidency in 1988, there were two tax rates
for individuals; a 15 percent rate for those making less than $17,850 and a
28 percent rate for those making above that level.

Thanks to Bush, those tax rates are lower today. Obama only extended Bush's
tax rates.

Today's tax code includes six rates, with the highest tax bracket paying 35
percent on income above $379,150.

I didn't go to Harvard but even a 5th grader knows that 28% < 35%.

 
<http://thehill.com/homenews/house/164199-gop-rolls-eyes-as-obama-talks-abou
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