![\"Fox](\"\/Pix\/Caps\/foxnews-tax-hike.jpg\")
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On the Fox News web site the story was featured with a headline reading, “Obama ‘100% Committed’ To Tax Hike.”<\/em> Later, on Fox News as the President was speaking, the network displayed a caption reading, “Pres Urges Congress To Pass Tax Increase On Households Earning More Than $250,000.”<\/em><\/p>\n Both of those statements are false. The President is neither committed to, nor urging, a tax increase. The tax increasing was passed and signed into law by Republican president George W. Bush. The legislation implementing the Bush-era tax cuts included a sunset provision for when the cuts would expire. That was Bush’s doing, not Obama’s. What Obama is trying to do is to preserve the tax cuts for the vast majority of Americans who actually need them and will spend them to help the economy grow. It is flat out dishonest to say that, because Obama supports allowing the cuts to expire for a few people at the top of the economic scale, that he is proposing a tax increase as characterized by Fox News.<\/p>\n The President is making a rational proposal that Congress come together and agree to pass the middle class relief that both sides insist is necessary to spur growth. There is simply no reason not to do so. The question of whether to cut taxes further for the rich can be debated separately and need not put everyone else at risk. If Republicans refuse to do this because the wealthy are being left out, then they are effectively holding the majority of Americans hostage on behalf of helping millionaires become even richer. But then, that’s the mission of the GOP (Greedy One Percent).<\/p>\n These facts are available for everyone to see and factor into their appraisal of the current economic debate. Everyone except for Fox News viewers, that is. They will continue to be misinformed and subject to opinions that are contrary to reality and harmful to their own interests.<\/p>\n","protected":false},"excerpt":{"rendered":" The announcement today that President Obama is committed to preserving the current tax rates for middle class Americans has been met by Fox News choosing to frame the issue in a more negative and dishonest manner. On the Fox News web site the story was featured with a headline reading, “Obama ‘100% Committed’ To Tax […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[219,1],"tags":[183,1141,33],"class_list":["post-7533","post","type-post","status-publish","format-standard","hentry","category-economy","category-general","tag-barack-obama","tag-economy","tag-fox-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4Ijg-1Xv","jetpack-related-posts":[{"id":24590,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=24590","url_meta":{"origin":7533,"position":0},"title":"Fox Nation vs. Reality: Billions In Tax Hikes Are Actually Cuts For Most Americans","author":"Mark NC","date":"1\/18\/2015","format":false,"excerpt":"In the upcoming State Of the Union speech, President Obama is expected to call for a variety of tax reforms aimed at helping the middle-class to finally participate in the nation's historic economic recovery. The proposals comprise a common sense approach that recognizes the harm caused by income equality and\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=219"},"img":{"alt_text":"Fox Nation","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/foxnation-reality-tax-hikes.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/foxnation-reality-tax-hikes.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/foxnation-reality-tax-hikes.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":9209,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=9209","url_meta":{"origin":7533,"position":1},"title":"Sequestering The Truth: Fox News Misreports Their Own Polling Results","author":"Mark NC","date":"3\/1\/2013","format":false,"excerpt":"Unhappy with the data, Fox makes up their own.It's bad enough that Fox News is compulsively disposed to lying about President Obama and anyone else who challenges their hyper-conservative dogma, but when they resort to lying about the product of their own reporting it's an indication of something gone terribly\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2360,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=2360","url_meta":{"origin":7533,"position":2},"title":"Blaming Bush For The Economy Is About The Future","author":"Mark NC","date":"8\/10\/2010","format":false,"excerpt":"Republicans, and their PR agency Fox News, are infuriated that President Obama and other Democrats continue to lay the blame for the economy on the shoulders of former President Bush. Their apoplexy centers on the notion that at some point Obama must assume some responsibility for the current state of\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5857,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=5857","url_meta":{"origin":7533,"position":3},"title":"Idiot Watch: Fox News Contends That Obama Wants Economic Slide","author":"Mark NC","date":"11\/27\/2011","format":false,"excerpt":"Fox News Sunday hosted Liz Cheney to discuss the economy and Barack Obama's role in deliberately sabotaging it. The conversation descended into a surprisingly moronic set of conspiracy theories that would make Glenn Beck's doughy chest heave with pride. And of course, it was a discourse that utterly abandoned known\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=219"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6083,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=6083","url_meta":{"origin":7533,"position":4},"title":"Fox Nation vs. Reality: The Non-Poor Non-Tax","author":"Mark NC","date":"12\/29\/2011","format":false,"excerpt":"After just publishing my year-end Fox Nation retrospective of their stupidest posts, they come out with a new one that definitely would have made the list. The assertion that President Obama has okayed a tax on the poor is blatantly false. Not only is this not a tax on the\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8251,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=8251","url_meta":{"origin":7533,"position":5},"title":"BIZARRO ALERT: Fox News Editorial Says “Obama Has Continued Bush\u2019s Failed Policies”","author":"Mark NC","date":"10\/19\/2012","format":false,"excerpt":"For anyone looking for signs that Fox News is running out of effective attacks to level at President Obama, the evidence just became abundantly clear that they are near to depleting their reservoir of smears. An editorial on their web site has just deployed the ultimate insult imaginable: Obama Has\u2026","rel":"","context":"In "Election"","block_context":{"text":"Election","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=152"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts\/7533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7533"}],"version-history":[{"count":5,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts\/7533\/revisions"}],"predecessor-version":[{"id":7537,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts\/7533\/revisions\/7537"}],"wp:attachment":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"Deficit](\"\/Pix\/Charts\/deficit-factors.jpg\")
Most independent economists agree that lower taxes for the middle class is more likely to fuel economic growth because the middle class spends more of their money on cars, clothes, food, appliances, electronics, travel, etc. The rich, on the other hand, disperses more of their income to savings or retirement accounts that do nothing to stimulate the economy. And studies have proven that the Bush-era tax cuts are one of the biggest contributors to the deficit.<\/p>\n