Friday, September 4, 2009

The Disingenuous New York Times and Obama's Tax Pledge

When Republicans tried to paint Obama as a tax and spend liberal who would raise Americans taxes, the New York Times had his back.

From Times Watch:
During the campaign the Times consistently guarded Obama's vulnerable left flank on taxes, insisting Obama would not raise taxes on the middle-class, only "the wealthy," -- the wealthy as determined by the liberal New York Times, anyway.

Reporter Steven Greenhouse, October 31, 2008: "Independent analyses of the presidential candidates’ tax proposals show that those who make less than $250,000 a year would not see their taxes raised under Senator Barack Obama’s plans."

Reporter Jim Rutenberg, October 16, 2008: "Mr. Obama’s plan would raise taxes on filers earning more than $250,000 a year, a category that includes some small businesses, but would cut taxes on households earning less than $200,000 a year."

Now that the campaign is over, The New York Times is in a "full-throated call" for President Obama to break his campaign promise to not raise taxes on families making under $250,000.

From a NY Times editorial via Newsbusters:
So far, the Obama administration's plan for dealing with the budget deficit -- an estimated $9 trillion over a decade -- is to not dig the hole any deeper. That's an important first step. President Obama deserves credit for proposing ways to pay for his two big initiatives to date: health care reform and energy legislation. Reducing the growth in health care costs, in particular, is vital to curbing future deficits....But, sooner than he may prefer, Mr. Obama will have to face up to what he has so far avoided: the need to raise taxes broadly to rein in deficits....Neither economic growth nor spending cuts will be enough to fix the projected shortfalls. Nor is there enough to be gained by confining tax increases only to families making more than $250,000 a year, a campaign promise that Mr. Obama still says he will keep.

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