Categories: Money & The Economy

New Video Debunks Claim that Tax Hikes are Required to Balance the Budget

First we have to deal with this absolute mis-information campaign from the White House Blog.  Where they try to show that they really aren’t that evil for considering enacting the largest tax increase in American history: Obama’s Tax Hike of January 1st, 2011.

One of the major points that they try to make with the blog entry is that we can’t afford to not tax the wealthy .. double negatives are even harder to prove than negatives.

We simply can’t afford to give the wealthiest Americans these big tax cuts that would add to our deficit and, according to the non-partisan Congressional Budget Office, be just about the least effective way to grow our economy and help create jobs.

Thankfully, we have the folks at the Center for Freedom and Proseperity to answer with reason and logic.  CF&P today released a video that dispels the myth that only tax increases can reduce deficits.

Rich Mitchell

Rich Mitchell is the editor-in-chief of Conservative Daily News and the president of Bald Eagle Media, LLC. His posts may contain opinions that are his own and are not necessarily shared by Bald Eagle Media, CDN, staff or .. much of anyone else. Find him on twitter, facebook and

Share
Published by
Rich Mitchell

Recent Posts

Biden’s Heading Into An Election With The Lowest Approval Numbers In Modern History, Gallup Finds

President Joe Biden received the lowest 13th-quarter approval ratings in modern history heading into an…

3 hours ago

The VA Is Finally Catching Up With The 21st Century

America’s veterans deserve world-class healthcare. But for years, the infrastructure established to meet their needs…

7 hours ago

Lobbyists Rake In Record Revenue As Americans Grapple With Declining Wages

Washington, D.C.’s biggest lobbying firms are posting record revenues as Americans feel the heat from…

7 hours ago

Biden’s SEC Is After Your Privacy

A new program initiated by the Securities and Exchange Commission (SEC) will collect the details…

8 hours ago

Jonathan Turley Says Bragg’s Case Against Trump Is ‘Collapsing’ After Witness Testimony

George Washington University law professor Jonathan Turley on Friday said the prosecution’s case against former…

9 hours ago

Mayor Of Town Where Laken Riley Was Murdered Is Trying To Squash Recall Effort Against Him

The mayor of a Georgia town where Laken Riley was brutally murdered is trying to…

9 hours ago