So I ran out this morning . . . okay, actually I didn't run, that's the problem with bad knees, but I popped out to get a copy of the local mullet wrapper -- St. Pete Times, because I knew their vaunted PolitiFact would be all over the President's whoppers in his speech yesterday morning.
So with the economy in the tank, unemployment rising, the nation looking for leadership, what does PolitiFact check -- Michele Bachmann's anecdote about Gardasil!
Barack Obama has literally made his career on straw man arguments, and lately, with bald-faced lies and distortions. His comments vis a vis his new Buffett tax are only the latest. But they are the easiest to debunk.
Though he shrieks the mantra "pay their fair share" like Al Gore on crack, when demonizing the job creators in this country, the facts simply don't back him up. IRS data shows that the top 1% of wage earners, those with adjusted gross incomes exceeding $380K, already pay over 38% of all income tax collected each year. Additionally, 46% of households (the low and middle income families) will pay no income tax at all this year.
So who's not paying their fair share Mr. President?
The President's comments about millionaires paying less taxes than their secretaries is so absurd, it should serve as a litmus test for anyone wanting to vote in the next election -- if you believe the Prez' statement, you aren't smart enough to vote!
Households with earnings over $1 million will pay 29.1% of their income in federal taxes, households making between $50,000 and $75,000 will pay 15%, those making between $40,000 and $50,000 will pay 12.5%, and finally those making $20,000 and $30,000 will pay 5.7 percent. Now the President says it's not class warfare but math. Well the math looks pretty obvious to me.
The only good thing to come out of this election speech, and that's what it was as he still has not submitted a single piece of actual legislation going all the way back to his joke of a jobs bill, is that even left wing publications are pointing out the blatant falsehoods in the President's speech.
Except the St. Pete Times of course, they're so in the tank for the President they're burying stories like the Solyndra scandal deep in the paper while they put every story about the Tea Party or the Republican candidates on the front page.
My bet is that when PolitiFact finally addresses this situation, they'll use the same thing they've done in the past to protect liberal politicians -- cherry pick the data to support their biased agenda.