The Leader Board

Weak Economic Data Is Casting A Shadow On The Dems' Vote To Raise Taxes On Nearly A Million Businesses

 

In 2010, Obama Said Tax Increases 'Would Have Been A Blow To Our Economy'

PRESIDENT OBAMA: "You don't raise taxes in a recession." ("Obama: We Must 'Help Elkhart Reinvent Itself,'" MSNBC, 8/5/09; Video Here)

 

New Data: Economy 'Weak,' 'Sluggish,' 'Stalling'

BEA: "Real gross domestic product … increased at an annual rate of 1.5 percent in the second quarter of 2012…" ("Table 8. Real Gross Domestic Product: Percent Change From Quarter One Year Ago," Bureau Of Economic Analysis, 7/27/12)

 

Dems Voted For Tax Hikes On Nearly A Million Businesses

GOVERNMENT STUDY: "The staff of the Joint Committee on Taxation estimates that in 2013 approximately 940,000 taxpayers with net positive business income … will have marginal rates of 36 or 39.6 percent under the President's proposal…" (Joint Committee On Taxation, Letter To Congressional Office, 6/18/12)

 

###

SENATE REPUBLICAN COMMUNICATIONS CENTER