Obama went on to describe, in some detail, all of the tax-cut measures he's approved, including the Making Work Pay tax credit that started last year, the American Opportunity Credit to help defray the costs of college tuition, new tax breaks for first-time home buyers, new tax breaks for those who invest in making their homes more energy efficient, expanding the Earned Income Tax Credit, allowing more families to qualify for the Child Tax Credit, and new tax credits for the unemployed.
The president may need to repeat the message a few more times as the midterm elections draw closer -- a recent NYT/CBS poll asked Americans if they think the Obama Administration increased taxes, decreased taxes, or have they kept taxes the same. Only 12% accurately noted that taxes have done down; twice as many (24%) mistakenly said the opposite.
It's hard for a president and his party to get credit for cutting taxes when so many have forgotten what's already happened.
Saturday, April 10, 2010
Remember how Obama lowered your taxes?
Check it out, it's true: