Promise expired: Obama budget tax hikes hit “nearly every income level”

posted at 10:01 am on April 23, 2013 by Ed Morrissey

Actually, Barack Obama’s promise that his tax hikes wouldn’t apply to 95% of Americans expired a long time ago, but his new budget drives a stake right through its heart.  Earlier, I pointed out that Obama had underreported his tax hikes in his new budget proposal by at least half.  Today, the Washington Post looks at the impact and discovers that it raises taxes in “nearly every income level”:

President Obama’s budget would raise taxes mainly on people earning more than $200,000 a year, although earners at nearly every income level would face a somewhat higher tax burden, according to a new nonpartisan analysis.

The study by the Tax Policy Center finds that in 2015, 86 percent of the increase in taxes would be borne by people earning $200,000 or more a year. That would largely be a result of dramatically scaling back tax breaks that disproportionately benefit the wealthy and establishing a minimum level of taxation for people who earn $1 million a year.

But the study also finds that some Americans of more modest backgrounds would face more taxes. Some people earning between $100,000 and $200,000 a year would pay about $150 more, while some earning less than $100,000 a year would pay less than $100 in additional taxes.

The increase in taxes on middle-class earners is notable because both political parties have said that they do not want to raise taxes on people earning less than $200,000 a year. The president’s budget was released this month but is not expected to be taken up by Congress anytime soon.

“We knew the president wanted to raise additional revenue focused on high-income folks,” said Donald Marron, director of the Tax Policy Center. “The old idea of not raising taxes on people earning below $200,000 and $250,000 seems to have gone away.”

Just as a reminder, this is what Obama promised in 2008. Note the comprehensive nature of this “firm pledge”:

And I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase — not your income tax, not your payroll tax, not your capital-gains taxes, not any of your taxes.

So now the threshold has dropped to $200,000, while even those below it are paying lots of dimes in increased taxes.  What happened?  Well, anyone who can do simple math can see that the federal government can’t keep spending $3.78 trillion a year while only taking in $2.7 trillion in revenues.  The gap can’t be filled just by taxing the rich — even at an effective rate of 100% of income, the deficit wouldn’t be closed even in a single year.  That means the government has to get the money from the middle class, or stop spending as much money.

Obama made his choice. Welcome to the One Percent, er … everyone.


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“Whaaaaaat? We’re not supposed to be paying more! That’s for them Republicans!”

–liberals

Liam on April 23, 2013 at 10:07 AM

And I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase — not your income tax, not your payroll tax, not your capital-gains taxes, not any of your taxes.

The tax hikes are not his plan. Somebody else wrote this plan.

BobMbx on April 23, 2013 at 10:07 AM

It only lasted as long as the useful idiots were useful.

Grunt on April 23, 2013 at 10:08 AM

Wow,I’ve always wanted to be rich and now I am.

docflash on April 23, 2013 at 10:08 AM

If this is brought up to him, he will just deny it & make up some lie and the media will let it pass.

tommer74 on April 23, 2013 at 10:09 AM

Come on. You knew he was lying. His lips were moving.

GarandFan on April 23, 2013 at 10:09 AM

Being part of the one percent used to feel a lot more exclusive.

But, in a way, it is good to get back to the budget issues (even as the administration is working to make sequestration inconvenient). Last week’s gun-grabbing attempt and the violence and death sorta pushed everything else out of focus. Anybody heard anything from Kim Jong Un lately? Seemed like he was about to invade South Korea or something the last time anybody was paying attention to him. I wonder how that worked out.

Happy Nomad on April 23, 2013 at 10:10 AM

OT: ObamaCare takes another victim…Per USA Today, Max Baucus to retire to avoid reelection bid in 2014.

d1carter on April 23, 2013 at 10:12 AM

We’re doomed!

Deano1952 on April 23, 2013 at 10:15 AM

These tax increases are trivial compared to the ruin that Obamacare will bring down on the middle class.

slickwillie2001 on April 23, 2013 at 10:15 AM

If you have a job you are part of the the “1%”.

gwelf on April 23, 2013 at 10:16 AM

ROFL at all you deluded suckers who voted for this putrescent nutcase.

Gitmo still open for business, drones killing everyone everywhere, American soldiers dying at a record rate in Afghanistan, government spying on your every move, terrorists attacking us in our own cities, and now tax hikes on everyone.

You stupid aholes, congratulations on electing this Dog Eating fool and sending us all hurtling toward the abyss; appreciate it and many thanks.

Bishop on April 23, 2013 at 10:21 AM

It is all gonna be ok folks. Honest. Now go back to work and support your President.

Limerick on April 23, 2013 at 10:21 AM

I see a very rocky road ahead for Oslima and the Democrats.I predict a couple more Dem Senators retiring before 2014.Let’s hope 2010 pales in comparison to Nov 2014.

jeffinsjvca on April 23, 2013 at 10:21 AM

Per USA Today, Max Baucus to retire to avoid reelection bid in 2014.

d1carter on April 23, 2013 at 10:12 AM

After only 36 years? Quitter. That’s why he only made it to third most senior Senator.

He’s not really retiring, he’s just going home to Montana to wait for the death panel to come knocking on his door.

Happy Nomad on April 23, 2013 at 10:22 AM

*DASTARDLY*

Hammie on April 23, 2013 at 10:23 AM

Seriously, you guys, the money for his, the Mooch, and his daughters va-cay-cays has to come from somewhere.

Blake on April 23, 2013 at 10:23 AM

Now go back to work and support your President.

Limerick on April 23, 2013 at 10:21 AM

Yeah get back to work! Those vacations and lobster dinners don’t pay for themselves and sure as hell the rat-eared coward and his vile racist wife aren’t going to foot the bill.

Happy Nomad on April 23, 2013 at 10:24 AM

The $600 billion increase they gave us — a gift to themselves — wasn’t enough. They want more. And they’re quite the experts at nickel-and-diming us to death.

First, an increase in the gasoline tax. Then taxing Internet sales. Now, more in income taxes. These are across-the-board tax hikes. I wonder also where they’ll quietly increase excise taxes, like on our phone and cable bills. Or for energy use. They’re still trying to figure a way to directly tax Internet use even if no purchases are made; just having a connection will one day be taxable.

There are other ideas in the works, like a national sales tax and value-added tax. Special taxes on guns and ammo, too. Also, they’re out to either tax retirement plans or take over ‘management’ of them outright. Those aren’t a big sell yet, but one day we’ll see a phony poll that claims 90% of Americans want those taxes on themselves.

It’s not ever going to end, and government will still be running perpetual deficits.

Liam on April 23, 2013 at 10:25 AM

Where is my Obama phone???…

PatriotRider on April 23, 2013 at 10:26 AM

*DASTARDLY*

Hammie on April 23, 2013 at 10:23 AM

Your comment is an insult to dastards everywhere.

Happy Nomad on April 23, 2013 at 10:26 AM

Per USA Today, Max Baucus to retire to avoid reelection bid in 2014.

His work in Washington is done. No he can go home and let everyone else deal with the consequences.

LeftCoastRight on April 23, 2013 at 10:27 AM

Anybody who doesn’t see that Obama is an outright liar is blinded by partisanship.

….His lies about not bombing other countries without Congressional approval…
…….the Stimulus bringing unemployment to 5%….
……every single major promise about Obamacare has turned out to be a lie…
……..being in the tank with special interest…
………………..taking money from lobbyist…
………..going to cut the deficit in half…
……………….dedicated to transparency…
…Bengahzi being about a youtube video…….
……….”we’ve got al-qaeda on the run”…………

Obama’s whole Presidency is based on one big lie after another and his Jim Jones disciples continue to stay on bended knee to this corrupt poser.

How pathetic liberals are.

Baxter Greene on April 23, 2013 at 10:27 AM

The tax hikes are not his plan. Somebody else wrote this plan.

BobMbx on April 23, 2013 at 10:07 AM

Does your dog bite?

ITguy on April 23, 2013 at 10:32 AM

Seriously, you guys, the money for his, the Mooch, and his daughters va-cay-cays has to come from somewhere.

Blake on April 23, 2013 at 10:23 AM

Do you know what a ton of live Atlantic Lobshter costs these days?

slickwillie2001 on April 23, 2013 at 10:33 AM

but, will it be more than one dime?

ted c on April 23, 2013 at 10:33 AM

Crickets chirping on msdnc

cmsinaz on April 23, 2013 at 10:34 AM

those vacations ain’t gonna pay for themselves, ya hear?!!

ted c on April 23, 2013 at 10:34 AM

ROFL at all you deluded suckers who voted for this putrescent nutcase.

Gitmo still open for business, drones killing everyone everywhere, American soldiers dying at a record rate in Afghanistan, government spying on your every move, terrorists attacking us in our own cities, and now tax hikes on everyone.

You stupid aholes, congratulations on electing this Dog Eating fool and sending us all hurtling toward the abyss; appreciate it and many thanks.

Bishop on April 23, 2013 at 10:21 AM

Don’t forget to send a big F U to all of those Republicans who stayed home from the polls in 2008 and 2012, simply because they thought O’bama was better than McCain and Romney.

Del Dolemonte on April 23, 2013 at 10:36 AM

Where is my Obama phone???…

PatriotRider on April 23, 2013 at 10:26 AM

Patience, Grasshopper. NASA launched 3 new O’bamaphone satellites just yesterday.

Del Dolemonte on April 23, 2013 at 10:37 AM

Where are the trolls to explain this to us?

docflash on April 23, 2013 at 10:38 AM

Where are the trolls to explain this to us?

docflash on April 23, 2013 at 10:38 AM

Looking for tax shelters?

Limerick on April 23, 2013 at 10:39 AM

Where are the trolls to explain this to us?

docflash on April 23, 2013 at 10:38 AM

SHHHHHHHHH!

Liam on April 23, 2013 at 10:39 AM

OT: Some great news for our Democrat friends here. Not only did O’bama get absolutely no bounce in his job approval numbers over the past week (he’s stuck at exactly 50%) a new “poll” out today shows that the approval for Chimpy Bush is at its highest in over 7 years, at 47%. So technically he and Dear Leader are now tied.

Hope and Change!

Del Dolemonte on April 23, 2013 at 10:40 AM

Shame on anyone who didn’t think he was lying.

morganfrost on April 23, 2013 at 10:40 AM

Who knew elections have consequences?

Bitter Clinger on April 23, 2013 at 10:41 AM

My taxes have gone up this year, and I make a lot less than 200k. Obama also promised during the debates “Sequestration won’t happen”. He’s just a liar, as are all Democrats and most Politicians.

kirkill on April 23, 2013 at 10:41 AM

Slurp it up with a straw, lefty tw*ts. You voted for the dog eater and all it entails.

Thomas More on April 23, 2013 at 10:43 AM

Obama is a liar? Who knew?

The Rogue Tomato on April 23, 2013 at 10:43 AM

What Obama has done, he has done in plain sight. He’s told the truth nearly as often as he has lied. He’s made it absolutely clear that he does not scruple sacrificing the future of the nation for decades to hold power for a few months longer. The majority of the electorate simply didn’t notice or didn’t care.

ElectricPhase on April 23, 2013 at 10:44 AM

It’s way past time to go Galt.

UltimateBob on April 23, 2013 at 10:47 AM

Don’t forget to send a big F U to all of those Republicans who stayed home from the polls in 2008 and 2012, simply because they thought O’bama was better than McCain and Romney.

Del Dolemonte on April 23, 2013 at 10:36 AM

…or those that wasted their vote on Grandpa.

slickwillie2001 on April 23, 2013 at 10:48 AM

Where are the trolls to explain this to us?

docflash on April 23, 2013 at 10:38 AM

SHHHHHHHHH!

Liam on April 23, 2013 at 10:39 AM

I’ll get the mop ready.

CurtZHP on April 23, 2013 at 10:48 AM

I’m sorry, but haven’t we learned that stories like these are a waste of time?
1. he is not held accountable
2. his budget will not pass

Thus, this story is moot.

Carnac on April 23, 2013 at 10:49 AM

*DBASTARDLY*
Hammie on April 23, 2013 at 10:23 AM

There, thats much better! FIFM… :-)

Scrumpy on April 23, 2013 at 10:50 AM

Lies Lies Lies Lies Lies Lies Lies Lies Lies Lies Lies and LIES!

Scrumpy on April 23, 2013 at 10:52 AM

Ed, that’s nothing. The real lie is Obama’s Hidden Tax – Inflation .

elfman on April 23, 2013 at 10:58 AM

Google likes Obama’s taxes…how about a massive Google hit tax…that they may go the way of Obama’s green energy rich friends?

Don L on April 23, 2013 at 11:07 AM

And I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase — not your income tax, not your payroll tax, not your capital-gains taxes, not any of your taxes.

technically, he’s right as from what I understand, none of the rates have increased.

nonpartisan on April 23, 2013 at 11:11 AM

Anybody who doesn’t see that Obama is an outright liar is blinded by partisanship.

….His lies about not bombing other countries without Congressional approval…
…….the Stimulus bringing unemployment to 5%….
……every single major promise about Obamacare has turned out to be a lie…
……..being in the tank with special interest…
………………..taking money from lobbyist…
………..going to cut the deficit in half…
……………….dedicated to transparency…
…Bengahzi being about a youtube video…….
……….”we’ve got al-qaeda on the run”…………

Obama’s whole Presidency is based on one big lie after another and his Jim Jones disciples continue to stay on bended knee to this corrupt poser.
How pathetic liberals are.

Baxter Greene on April 23, 2013 at 10:27 AM

Whoopie doo! The folks who booed God at his convention are really going to be upset because he lied? The folks who cheered when his team cried “soak the rich” are going to be upset? The folks who get their free lunches and sit around all day are going to no longer like him?

Look, only people of principle and morals are offended by liars–thus, no Democrat will mind in the least…perhaps cheer some more.

Don L on April 23, 2013 at 11:14 AM

Forget the mop. Get the shovel.

CurtZHP on April 23, 2013 at 11:15 AM

This is the elagant beauty of “taxing the rich”.
All you have to do is redefine “Rich”
I’m almost at a point of being too tired to even get mad. Almost.

Let’s face it, it does not matter what any budget proposal contains. These b@stards will not stop spending more and more, and we reached the tipping point some time ago, more riders than wagon pullers. Damn depressing is what it is.

JusDreamin on April 23, 2013 at 11:17 AM

We need higher taxes on low income voters. Or better said, we need smaller credits for non-productive fax filers. Lowering revenue as a means to shame the Congress into cutting spending (“starving he beast”) has failed miserably. That’s because Congress has no shame. The only way to reduce the size and scope of the federal government is to reduce the looting by tax credit mentality. If people think the Congress is spending their money they will think twice about voting for the candidate that promises to give them the most free stuff.

Ted Torgerson on April 23, 2013 at 11:18 AM

The guy that did my taxes said essentially everyone’s taxes went up. The most significantly those who make more than 150K.

hawkdriver on April 23, 2013 at 11:23 AM

technically, he’s right as from what I understand, none of the rates have increased.

nonpartisan on April 23, 2013 at 11:11 AM

He didn’t say “rates”, he said “any form”.

Any means any.

F- but thanks for playing.

No consolation prize for you. You do not even get a lousy copy of the HA home game.

Difficultas_Est_Imperium on April 23, 2013 at 11:27 AM

Want to get some love on a slow day? Get a threat to handcuff you to the back of a Prius and have your Cadillac spat upon?

Did you ever go to a Democrat rally and suggest that people who can’t pay tax can volunteer at gov’t offices or semi-gov’t depts, parks, hospitals, nursing homes and etc. (even scrubbing floors, making copies, delivering stuff in trucks) and then watched their reply?

Hhhhmmmmmm?

IlikedAUH2O on April 23, 2013 at 11:30 AM

Partisan has no clue about taxes, since he doesn’t pay any. Maybe his mom does.

BeachBum on April 23, 2013 at 11:35 AM

Pinocchios forthcoming?

socalcon on April 23, 2013 at 11:37 AM

It’s a Tax! Obama vs Admiral Ackbar

Mervis Winter on April 23, 2013 at 11:41 AM

And I can make a firm pledge. Under my plan, no family making less than $250,000 $200,000 $150,000 $100,000 $50,000 $25,000 $10,000 $5,000 ONE DIME a year will see any form of tax increase — not your income tax, not your payroll tax, not your capital-gains taxes, not any of your taxes.

I saw it as my civic duty to Fix this for the pseudo-president

NOMOBO on April 23, 2013 at 11:44 AM

Partisan has no clue about taxes, since he doesn’t pay any. Maybe his mom does.

BeachBum on April 23, 2013 at 11:35 AM

np = Refundable Tax Credit on parents 1040

BobMbx on April 23, 2013 at 11:44 AM

And while Rome burns, Dave Camp is busy playing footsie with a lame-duck Baucus (yep, the same one that authored the “train wreck”), while they waste the first real chance to take a hack at Roberobamacare; John has apparently stepped out to have a cigarette; and Marco wants us to believe that Durbin and Schumer have suddenly become interested in border security and making sure that Republicans are loved by Hispanics. (I guess Marco can’t be blamed too much — they’ve even apparently sold the great future-seer Fred Barnes that Hispanics will embrace Republicans).

Since there’s no sign of any conservative with both strategic and tactical vision, how about one with a simple willingness to stand up and just point out the facts?

Sometimes I think there are 3 Republicans — pundit or politician — left in Washington — Sessions, Cruz, and Paul.

EastofEden on April 23, 2013 at 11:45 AM

technically, he’s right as from what I understand, none of the rates have increased.

nonpartisan on April 23, 2013 at 11:11 AM

Apparently you missed the “not any of your taxes” part. Reading comprehension. Try it sometime.

stvnscott on April 23, 2013 at 11:49 AM

Face it, the moment Obama promises something, it expires.

sadatoni on April 23, 2013 at 12:12 PM

Look, only people of principle and morals are offended by liars–thus, no Democrat will mind in the least…perhaps cheer some more.

Don L on April 23, 2013 at 11:14 AM

You might be right.

If so, we are lost.

Since I was part of the messed up underclass and was by their side, I found many with dreams and goals and pride.

I have tried to offer ideas and one on a thread was misunderstood and may have led to Vice President Biden’s “back in chains” remark. Since I identify with them, nothing could be more remote from the truth.

Sending people tiny checks every month leaves them in a hellish existence and sucks vitality from the other players. It does seem to insure a permanent vote pool…

By the same token cutting loads cash loose to the general economy will result in it being spent in the predictable channels and it never reaches the real losers. So MACRO APPROACHES will never work to raise the poor. This is unlike what the rulers of Hot Air think. Poverty in our nation is a macro issue with micro targets.

IlikedAUH2O on April 23, 2013 at 12:20 PM

Does Obama want us to like him?

He wants to tax:

1. Flavored Vodka — Distilled spirits currently get a tax break if they include flavors, but the president’s budget proposal does away with that.

IlikedAUH2O on April 23, 2013 at 12:23 PM

2. Golf Courses Are No Longer Tax Havens – developers and deed some land to recreational use (like around houses they will build, no doubt for bigger $$$) and get a write off.

IlikedAUH2O on April 23, 2013 at 12:25 PM

3. A Higher Tax on Cigarettes — and he golfs, too.

Did his wife write these regs?

IlikedAUH2O on April 23, 2013 at 12:26 PM

4. Corporate Jets — but I think it just raises the ADR from five years to seven so more cosmetic than substantial.

IlikedAUH2O on April 23, 2013 at 12:28 PM

5. Businesses Can’t Deduct Punitive Damages and I wonder if he is braced for bailouts.

IlikedAUH2O on April 23, 2013 at 12:29 PM

After this I shut up.

Black friends of mine wonder about our POTUS. His approach to high gas prices is really confusing. Who does he think is hurting? The guy with a Ferrari? Hardly.

I know blacks who compared him poorly to Bush and Reagan. Write and we can go see them!

I talked to some people about the Keystone pipeline. They could create inspection and monitor jobs all along the route with a possible quick transfer to flying labor groups if there is a leak. Yea, I know about PIG tech and pressure checks and sensors and etc. but there is no substitute for people on site with eyes for inspections. And security firms have key systems or other verify instruments to see they keep to a route.

And for the long term seemingly hopeless unemployed: social, therapeutic and possibly pharmacological intervention. I know experts who claim they can get people in a position to succeed. Or at least contribute.

IlikedAUH2O on April 23, 2013 at 12:42 PM

I’d just like to slap his face. *very hard* *several times* *back and forth* *forth and back*

avagreen on April 23, 2013 at 1:17 PM

And I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase — not your income tax, not your payroll tax, not your capital-gains taxes, not any of your taxes.

technically, he’s right as from what I understand, none of the rates have increased.

nonpartisan on April 23, 2013 at 11:11 AM

Obviously reading comprehension is not your strong suit. Where, in Obama’s statement, is the word “rate”? I see “any form” and “any of your taxes”. But no “rate”.

Mitoch55 on April 23, 2013 at 1:23 PM

technically, he’s right as from what I understand, none of the rates have increased.

nonpartisan on April 23, 2013 at 11:11 AM

Technically, he’s a lying scumbag pile of stinking bullschiet and a total a$$ hole.

Any further questions?

NOMOBO on April 23, 2013 at 2:05 PM

It’s not ever going to end, and government will still be running perpetual deficits.

Liam on April 23, 2013 at 10:25 AM

Because politicians (and far too many economist-enablers) do not believe there is anything fundamentally wrong with deficits or debt.

AesopFan on April 23, 2013 at 2:13 PM

What? The jug-eared imbecile lied to us again?

Impossible.

Polish Rifle on April 23, 2013 at 3:41 PM