I've said repeatedly that Obama lies as easily as he breathes. More proof of this
has been self-evident in his "giving 95% of voters a tax-cut." (Only I guess its not as self-evident as I would like it to be - because liberals are stupid and do not look at facts when their Messiah speaks.)
But here's the thing. The bottom roughly 37% of citizens do not pay federal taxes. So that means that under his plan only 58% will get a "tax-cut". Those bottom 37%ers will be getting PURE WELFARE. Stolen directly from the small business owners of America (87% of which fall in the top 5%.)
See if you are self-employed, and you run a business it is likely you fall into the top 5%. But that doesn't make you wealthy - not by a long shot.
But the bottom 37% that do not pay taxes would receive a check with monies in it taken directly from the small businesses.
But a word about the top 5% as well...
Small businesses create the overwhelming majority of new jobs. Taxing them additionally (in most cases raising their tax rate to over 40% according to Obama's plan) will cause them to RAISE PRICES and LAY OFF WORKERS. Thusly goods and services become MORE expensive for that bottom 95%.
Not a big deal to the lowest 37% because they have that new free money that grew on trees. But it directly squeezes the middle class into sacrificial territory.
In other words - Barack Obama is seeking to directly PUNISH the middle class by his bait and switch tax welfare program.
Which is why a self-employed plumber like this guy needed to ask the candidate first hand, "Why you punishing me for working hard?" To which the communist candidate responds in as marxian a tone as possible, "I'm trying to spread the wealth around..."