(Turn your speakers up before you read this article. Start both videos simultaneously, then start reading.)
Speaking in Dover, New Hampshire on 12 September 2008, then-candidate Barack Obama said:
“I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.”
.
“Ain’t that what you said?”
I suppose the Obama administration believes the statute of limitations has expired on his 2008 firm pledges, as U.S. citizens have much bigger things to regret nowadays. But some of us don’t forget so easily.
.
“Ain’t that what you said?”
If you were paying attention when you did your 2013 tax return, you saw two more violations of President Obama’s “firm pledge.” They were in the fine print for lines 40 and 42 of IRS Form 1040:
First let’s look at line 40. If you itemize your deductions, look at what suddenly appeared at the bottom of Schedule A for tax year 2013:
Line 38 of Form 1040 is your Adjusted Gross Income (AGI). When you track down the fine print, you’ll discover that if you’re married filing separately and your AGI is more than $150,000 then a complicated formula may limit the amount of your itemized deductions. That would result in a tax increase.
“Ain’t that what you said?”
Next let’s zoom in on Form 1040 line 42:
Once again, the fine print says if you’re married filing separately and your AGI is more than $150,000 then another complicated formula may limit your exemptions. That also would result in a tax increase.
“Ain’t that what you said?”
Candidate Obama didn’t just say his plan had no tax increases for families making less than $250,000. In order to get your votes, he called it a pledge.
But not just any ol’ pledge. My fellow Americans, he made a firm pledge.
“Ain’t that what you said?”
He didn’t just have his fingers crossed. He had his fingers firmly crossed.
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Footnote: In 1970, the U.K. band Argent released the first known tribute song to Barack Obama and his now-disillusioned supporters. Prophetically, British singer/guitarist Russ Ballard wrote this song when Barack Obama was only 8 years old.
I won’t ever leave
If you want me to stay
Nothing you could do
That could turn me away
Hanging on anyway
Believing the things you say
Being the fool
You’ve taken my life
So take my soul
That’s what you said
And I believed it all
I want to be with you
Long as you want me to
But don’t move away
Ain’t that what you said?
Ain’t that what you said?
Ain’t that what you said?
Liar
Liar, liar
We have seen no night
We have seen no day
If I ever leave
Would you want me to stay?
You can believe in me
I won’t be leaving
I won’t let you go
Ain’t that what you said?
Ain’t that what you said?
Ain’t that what you said?
Liar
Liar, liar
Liar
You’ve taken my life
So take my soul
That’s what you said
But who are we to know?
I want to be with you
Long as you want me to
But don’t move away
Ain’t that what you said?
Ain’t that what you said?
Ain’t that what you said?
Liar
Liar, liar
.
Very well said…excellent song choice.
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Today I received a comment about this article on my Facebook page:
Here is my response:
Of course you are correct that Congress is directly involved. But the annual budget process, including proposals of tax policies, starts with the President’s budget submittal to Congress (called “Analytical Perspectives”) about 1/2-way through the prior fiscal year.
I thoroughly researched the history of this reinstatement of limits on itemized deductions (PEASE) and personal exemptions (PEP) before posting the article. These limits first appeared in tax laws in 1990, but had been gradually eliminated during the G.W. Bush years.
It was President Obama’s first budget document that initiated the proposal to Congress that these limits on deductions and exemptions should be reinstated. This pledge-defying proposal was in the President’s first budget offering (for FY2010) published in late Feb 2009, only 5.5 months after he made the pledge. And he repeated the proposal again each year for 3 more years, until it was eventually included in congressional budget negotiations and now appears on our tax forms.
(Please see http://www.reuters.com/article/2012/12/31/us-usa-fiscal-tax-caps-idUSBRE8BU0EH20121231)
– Jeff
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I just wish it was the only place Mr “If you like your health care plan…” was deceitful.
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