This one just doesn’t make any sense; it is quintessential right-wing propaganda. I think the message is the President has raised our taxes increasing the debt by 1.8 trillion dollars. Or maybe it is saying he has increased taxes by the amount of 1.8 trillion dollars, which is just odd wording. Regardless, the poster is trying to purport a tax and spend liberal who is making enemies.
This poster is confusing because the actual facts make its message meaningless. First, let’s just be clear, raising taxes reduces the deficit not raise it. Second, the President really hasn’t raised taxes. He increased a tax on tobacco and he increased a tax on tanning beds. This is actually smart because both of those goods are inelastic. Meaning even as the price goes up the demand will not go down. So revenue for businesses will not decrease and revenue for the government will increase. He also closed loopholes for big corporations, which is technically considered a tax increase. The thing is these are ticky-tack tax raises and I highly doubt this is what the message of the poster is trying to convey.
The maker of this poster is far more delusional. Raising taxes usually refers to raising taxes on individuals and corporations. And here’s where the poster just doesn’t want to believe facts. The president has not touched the corporate tax rate. Concerning individual tax rates he actually decreased them. The Bush era tax cuts were extended and he instituted the payroll tax cut.
So once again we have Republicans spouting their ideological beliefs based on no factual information.