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Clinton Has Already Backpedaled On Her Pledge Not To Raise Middle Class Taxes

- December 18, 2015

Clinton Hedged On Her Previous Pledge Not To Raise Taxes On Middle-Class Americans, Recently Calling It A "Goal." GEORGE STEPHANOPOULOS: "You're also saying no tax increases at all for anyone earning under $250,000. Is that a rock solid read my lips promise?" CLINTON: "Well, it certainly is my goal and I've laid it out in this campaign and it's something President Obama promised, it's something my husband certainly tried to achieve, because I want Americans to know that I get it." (Hillary Clinton, ABC's This Week, 12/6/15)

Clinton Cited Two Democrat Presidents That Made The Same Pledge Before Raising Taxes Because She Wants Americans To "Know That I Get It.". STEPHANOPOULOS: "You're also saying no tax increases at all for anyone earning under $250,000. Is that a rock solid read my lips promise?" CLINTON: "Well, it certainly is my goal and I've laid it out in this campaign and it's something President Obama promised, it's something my husband certainly tried to achieve, because I want Americans to know that I get it." (Hillary Clinton, ABC's This Week, 12/6/15)

Clinton Even Recently Opened The Door To Raising The Social Security Tax Cap On Individuals Making $120,000

When Answering A Question About Funding For Social Security, Clinton Said Raising The Social Security Tax Cap On Those Making $120,000 A Year Was "One Of The Options" She Was Considering. MSNBC'S JOSE DIAZ-BALART: "Among those different issues that you mentioned as you know people pay social security taxes on income up to about $120,000. Senator Sanders wants to change that. You were opposed to raising the cap in 2008. This time around you seem to be considering it, but you haven't come out one way or another. Should people start paying social security income taxes on over $120,000?" CLINTON: "That's one of the options Jose. You know that's why I said… Well it could be over $250,000, it could from a $120[k] up, it could be a higher amount, but this is the kind of issue that you've got to try to figure out where the Congress might be. So I've laid out a number of different approaches to get the money. The other one that I mentioned to the gentleman is putting the - you know, putting the percentage on passive income so that people with a lot of income, but from capital gains and from investments - you know, they don't pay much into social security, but they have a lot of money, they will have to pay more. So those are a couple of the options. I think we can pick one or more of those, but the goal is to get more money into the trust fund." ( MSNBC's Democrat Town Hall, Las Vegas, NV, 2/18/16)

Obama Broke His Promise Not To Raise Taxes On The Middle-Class By Raising Taxes On Every American

Obama Promised That He Wouldn't Raise Taxes On The Middle-Class. OBAMA: "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." (Senator Barack Obama, Remarks, Dover, NH, 9/12/08)

ObamaCare's Individual Mandate Cost Middle-Class Taxpayers $1.5 Billion In 2014. "This year was the first time the IRS collected the penalties, deducting them from taxpayers' refunds for the 2014 tax year in most cases. Some 7.5 million households paid penalties totaling $1.5 billion, an average of $200 apiece, according to preliminary IRS data." (Ricardo Alonso-Zaldivar, "Bigger Bite For Health Law Penalty On Uninsured," The Associated Press , 10/19/15)

$43 Billion In ObamaCare Mandated Penalties For Individuals From 2016 To 2025. ("Updated Estimates Of The Effects Of The Insurance Coverage Provisions Of The Affordable Care Act," Congressional Budget Office, 4/14/14)

PolitiFact Gives Obama A "False" For His Pledge Not To Raise Taxes On The Middle-Class, Exposing His Broken Promise. "Obama said, "I didn't raise taxes once." But we've documented numerous instances when he has. He's has signed off on small tax cuts for most taxpayers, but that doesn't change the fact that he's also approved several tax increases. So we rate his statement False." ("President Barack Obama Says He Didn't Raise Taxes Once," PolitiFact , 2/7/11)

Bill Clinton Also Pledged Middle-Class Tax Cuts While Campaigning, But Once Elected He Quickly Broke His Promise

Middle-Income Tax Relief Was "The Centerpiece Of Clinton's Early Campaign," But Soon After Becoming President, Bill Clinton Was Trying To Figure Out How To Abandon The Promise. "Clinton turned to a more sensitive subject. How far could they depart from campaign promises and remain consistent with his values? He asked. Stephanopoulos had come to realize that the middle-class income tax cut, the centerpiece of Clinton's early campaign, just wasn't in the cards. It had really hit home the night before. Now, on Clinton's cue, Stephanopoulos came out and said it: The middle-class tax cut should be abandoned." (Bob Woodward, The Agenda, 1995, pp. 87)

  • During His First Address From The Oval Office, Clinton Announced That He Wouldn't Offer A Middle-Class Tax Cut. "At 9 P.M., Clinton appeared in his first address from the Oval Office. Looking youthful and a bit unaccustomed to the office, he seemed out of place in contrast to the older faces of Reagan and Bush. Clinton broke the news, which had already been leaked to the media, that he wouldn't offer a middle-class tax cut in his plan." (Bob Woodward, The Agenda, 1995, pp. 128)
  • Bill Clinton Instead Raised Taxes On The Middle-Tax, Saying It Was "A Heck Of A Thing" For Him To Do. "Not only would he be unable to cut middle-class taxes as he had promised, but he would be raising taxes on the middle class. 'These are the people who got screwed in the 80s,' he said. 'And it's a heck of a thing for me to propose this."(Bob Woodward, The Agenda, 1995, p. 121)

In August 1993, Bill Clinton Signed Into Law A $241 Billion Tax Hike - "The Largest Tax Increase In U.S. History" At The Time. "The final bill as it came out of the Congressional blender was different in significant aspects from the program the President proposed last February. Most important, Congress rejected a broad tax on nearly all forms of energy and substituted a modest increase in the Federal gasoline tax, the only new tax that most people would owe. Some of Mr. Clinton's proposals to spend more on various Government programs and to give tax breaks to business to strengthen the economy were also turned down. But in most respects the bill followed the President's prescription for lowering the Federal budget deficit, reducing military spending and placing a much larger portion of the tax burden on the well-off. Mr. Clinton and his supporters in Congress stressed that 80 percent of the new taxes would be paid by taxpayers with incomes above $200,000 and that 90 percent would be paid by those with incomes above $100,000. The legislation would lower the annual budget deficit by a total of $496 billion over the next five years, with $241 billion coming from tax increases and $255 billion from spending cuts." (David Rosenbaum, "The Budget Struggle," The New York Times, 8/6/93)


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