For glimpse into Obama’s America look no further than his hometown
The Illinois Republican Party today is asking the American people to take a glimpse into what America will be like under a Barack Obama presidency, as Chicago today claims the highest sales tax in the country.
Much like Barack Obama will do if elected president, Obama’s pick for Cook County Board President, Todd Stroger, fought vigorously to ensure Chicago became the highest taxed city in the nation.
“Barack Obama’s vision for America is playing out daily in his hometown, especially when it comes to tax policy,” said Illinois Republican Party Chairman Andy McKenna. “With a struggling economy, this is not the kind of change Americans need.”
Under Barack Obama’s plan for America he would:
- Double the capital gains tax
- Double the dividend tax
- Raise the top tax bracket to nearly 40%
- Raise the cap on the payroll tax
“It’s pretty clear that Barack Obama’s friends like Todd Stroger are giving a glimpse into what life will be like under an Obama presidency,” said McKenna. “I have to believe if Senator Obama felt differently he would have spoken against this tax increase.”
“How can we expect Barack Obama to bring change to Washington if he cannot bring change to Illinois?”
BACKGROUND
Obama Voted In Favor Of The Democrats’ FY 2009 Budget, Which Would Raise Tax Rates For Americans Earning $31,850 Or More:
Obama Voted Twice In Favor Of The Democrats’ FY 2009 Budget Resolution.(S. Con. Res. 70, CQ Vote #85, Adopted 51-44: R 2-43; D 47-1; I 2-0, 3/14/08, Obama Voted Yea; S. Con. Res. 70, CQ Vote #142: Adopted 48- 45: R 2- 44; D 44- 1; I 2-0, 6/4/08, Obama Voted Yea)
The Democrats’ Budget Would Raise Taxes On Individuals Earning $31,850 Or More. “Under both Democratic plans, tax rates would increase by 3 percentage points for each of the 25 percent, 28 percent and 33 percent brackets. At present, the 25 percent bracket begins at $31,850 for individuals and $63,700 for married couples. The 35 percent bracket on incomes over $349,700 would jump to 39.6 percent.” (Andrew Taylor, “Presidential Hopefuls To Vote On Budget,” The Associated Press, 3/13/08)
NOTE: Obama’s Vote For The Democrats’ Budget Is At Odds With His Rhetoric On The Campaign Trail, Where He Claims He’ll Provide Tax Relief For Working Americans. Obama: “I’ll give a tax cut to working people …”(Sen. Barack Obama, Remarks At A Campaign Rally, Denver, CO, 1/30/08)
