Obama Says Paying Taxes is Patriotic
Posted by Steve Markowitz on August 5, 2014
Included on www.Whitehouse.gov is President Obama’s radio address of July 26, 2014. It is quintessential Obama, not only pitting one group of Americans against another, but also demonstrates hypocrisy.
Obama begins by enlightening listeners on the success of his economic policies stating that “Our businesses have added nearly 10,000,000 new jobs in the past 52 months” and “the unemployment rate is at its lowest point since September 2008. While these figures may be correct, they paint a distorted picture. The figures tell nothing of the quality or pay scale of the new jobs or the fact that the unemployment is rate is down mainly because so many Americans stopped looking for jobs and are no longer counted as unemployed.
The New York Times published a graph showing that Americans’ median income significantly decrease since Obama took office, offering a more realistic picture of the state of the American economy. It certainly does not paint a picture of successful economic policies.
In the second part of the radio address Obama expressed outrage at some large corporations fleeing the United States “just to avoid paying their fair share” of US taxes. He goes on to state that these “loophole in our tax laws makes this totally legal” and further says that “you don’t get to pick which rules you play by or what tax rate you pay.”
This is cynical indignation for President Obama to profess. For example, let’s start with his pals in Hollywood who moved a significant amount of movie production over the years to either states or countries merely to lower their taxes due. Then there is Jeffrey Immelt, CEO of General Electric, who was appointed Obama’s Job Czar. General Electric earned over $20 billion in profits during 2010, but paid no taxes that year.
The President is disconnected with how most Americans view taxes. Most make significant efforts and take any legal deduction to lower their tax bills. For this president it seems that the difference between a tax benefit and a “loopholes” depends on who is the recipient.
Rather amazingly, President Obama then invokes a theme often used in the past by the Right to promote their agenda; i.e. patriotism, saying: “In my budget earlier this year, I proposed closing I proposed closing this unpatriotic loophole for good”, and “rather than double down on the top-down economics that let a fortunate few play by their own rules, let’s embrace economic patriotism that says we rise or fall together.”
If the President’s contention that paying taxes is patriotic is a reasonable one, does that mean that the nearly 43% of Americans who pay no income taxes are unpatriotic?