{"id":30609,"date":"2011-05-19T03:15:20","date_gmt":"2011-05-19T03:15:20","guid":{"rendered":""},"modified":"2011-05-19T03:15:20","modified_gmt":"2011-05-19T03:15:20","slug":"obama_s_tax_cuts_and_credits_are_just_a_disguise_for_new_deal_3","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2011\/05\/19\/obama_s_tax_cuts_and_credits_are_just_a_disguise_for_new_deal_3\/","title":{"rendered":"Obama\u2019s Tax “Cuts” and “Credits” are Just a Disguise for New Deal 3"},"content":{"rendered":"
\n

RUSH: Well, now this is interesting. We have an AP Obama story that just cleared the wires about 45 minutes ago: ‘Democrat Barack Obama is calling for a 90-day moratorium on foreclosures and a two-year tax break for businesses that create jobs as part of a plan to heal the nation\u2019s ailing economy. The presidential candidate says banks that participate in the federal bailout should temporarily postpone foreclosures for families making good-faith efforts to pay their mortgage.\u2019 This is so wide open. Postpone foreclosures for families making good-faith efforts? What\u2019s a good-faith effort? You\u2019re one month behind, you\u2019re two months behind, you\u2019re six months behind and you\u2019re not mowing the yard, what\u2019s a good-faith effort? Wait, this gets better. And, by the way, a two-year tax break for businesses that create jobs. Well, what business would not go out and create a job? If all you have to do to get a two-year tax break is go out and create a job, who wouldn\u2019t do that? So there\u2019s gotta be businesses that create jobs. What\u2019s that mean? How many jobs? And not only how many, but who must you hire in those jobs? Let us not forget who we\u2019re talking about here. We\u2019re talking about the United Socialist States of America. <\/p>\n

‘He also called for a $3,000 tax credit for each additional full-time job a business creates. The tax break would end after 2010.\u2019 So whoopee-doo. You get a one-year tax break of three grand or tax credit for every additional full-time job you create? So Obama is going to replace the market, but only for one year and then all of a sudden you don\u2019t get the tax credit after you\u2019ve hired these people. For every full-time job? Doesn\u2019t say small business. For every full-time job a business creates. ‘Obama also is proposing letting people withdraw up to $10,000 from their retirement accounts without any penalty this year and next.\u2019 Obama, do you know that there isn\u2019t much left in them? Barry, there\u2019s not a whole lot left in people\u2019s retirement accounts right now. But beyond that, Barry, do you know what your guys in the House are doing? George Miller is crafting legislation that would eliminate this tax break for a lot of people who deduct money from their pay to go into their 401(k). And then the last line, and get this. This is Christopher Wills at the Associated Press Obama. ‘The Obama campaign emphasizes that these ideas can be done quickly, either through executive order or legislation.\u2019 The AP, a press release for the Obama campaign. <\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: Let\u2019s go Mike in Detroit. Mike, I\u2019m glad you waited, sir. Welcome to the EIB Network. Hello.<\/p>\n

CALLER: Thank you, Rush. How are you?<\/p>\n

RUSH: Very well, sir. Thank you.<\/p>\n

CALLER: Outstanding. I want to talk a little bit about the tax situation also as it relates to small business and something I think that John McCain needs to get his arms around very, very quickly \u2019cause I really don\u2019t think he sort of gets what we are going through out here. Barack Obama is definitely cantinebulous, (sic) no doubt about it, and I do believe he\u2019s talking about individual income as opposed to corporate income, but let me explain quickly how that adds up. I\u2019ve got about a $25 million company here. We employ several hundred people, mostly in the Midwest but throughout the country, and there are thousands of businesses between the let\u2019s say 5-million and 50-million-dollar in revenue companies around the United States that are providing most of the job creation that we have today. When you take the income that we have as individuals, the way the tax structures work for most private companies is whatever earnings we have pretax earnings the company has are added on top of your personal income and that makes people with high growth businesses well, well over that $250,000 range, and you are going to smack us down in our ability to create jobs, no question.<\/p>\n

RUSH: Well, hold it a second. I\u2019m a little confused because you\u2019ve got a business, you say a $25 million dollar business?<\/p>\n

CALLER: Our business is $25 million, yes.<\/p>\n

RUSH: Obama\u2019s number is $250,000. What do you think — we don\u2019t know — what do you think he means that $250,000 is?<\/p>\n

CALLER: Well, I think he means the income from the business, but what I\u2019m saying is he\u2019s right about one thing, and that is —<\/p>\n

RUSH: Okay, well, hold it, hold it, \u2019cause you gotta help me out here.<\/p>\n

CALLER: Okay.<\/p>\n

RUSH: You\u2019re a $25 million small business.<\/p>\n

CALLER: Yep.<\/p>\n

RUSH: Do you earn less than $250,000 a year on it?<\/p>\n

CALLER: No.<\/p>\n

RUSH: Well, of course not.<\/p>\n

CALLER: No. And what I\u2019m saying is 75% of the jobs today in America that are being created are being created by small business.<\/p>\n

RUSH: Exactly right.<\/p>\n

CALLER: And the growth companies in there are usually in the $5- to $50-million range, they\u2019re still considered small businesses, under 500 employees. We\u2019re the ones that are going to get just absolutely slapped silly, and our ability to create jobs is going to be seriously impaired. You take away the cap on the Social Security tax and make that unlimited, it becomes Armageddon.<\/p>\n

RUSH: I know. I don\u2019t know if he\u2019s going to make it unlimited, but he\u2019s certainly going to raise the ceiling.<\/p>\n

CALLER: No question.<\/p>\n

RUSH: No question. You guys are all going to get soaked, this is the point, we\u2019re all going to get soaked, even in an economy like this.<\/p>\n

CALLER: Well, and that\u2019s it. I mean right now, it sounded to me with what you were talking about earlier like I\u2019m going to get a tax break on my tax increase. Is that what I\u2019m hearing?<\/p>\n

RUSH: (laughing) Yes. A tax cut on your tax increase.<\/p>\n

CALLER: This guy\u2019s a train wreck looking for a pair of tracks. Unfortunately, I think he\u2019s found them.<\/p>\n

RUSH: Look, I maintain that he doesn\u2019t know what he\u2019s talking about.<\/p>\n

CALLER: Oh, I don\u2019t think there\u2019s any question, you\u2019re right.<\/p>\n

RUSH: I think he\u2019s got some economic people down there preparing all this. He doesn\u2019t have economic people. He has got political people putting together an economic proposal that uses this magic number to convince most people that everybody but them is going to get soaked. And this comes after they keep saying eight years of nothing but tax cuts for the wealthy, and this economy\u2019s in the dregs because of tax cuts for the wealthy, and so those people, those rich people that caused me to lose my house — this is the theory from Obama campaign headquarters —<\/p>\n

CALLER: Sure.<\/p>\n

RUSH: — they\u2019re going to pay now, Obama\u2019s going to stick it to them. It\u2019s the old class envy business. You know, in the past it\u2019s been debatable as to how effective it\u2019s been. It didn\u2019t work for Mondale and Carter against Ronaldus Magnus. It didn\u2019t work for Algore and John Kerry against Bush. But they weren\u2019t in as dire economic circumstances. It did work for Clinton you might say 1992, but that also happened when perception was that we were all in the worst economy in the last 50 years. This is why I\u2019ve been trying to reach out to people regardless what your political persuasion is. I know a lot of Democrats own small businesses and I know a lot of Democrats work for small businesses. And we\u2019re all going to get soaked if this guy actually implements what he is promising to implement. So now tax cuts if you create a job. That\u2019s the latest economic proposal from the Obama political team. Tax cuts if you create a job. This is the kind of thinking that would lead Obama to try to get Representative Mahoney\u2019s mistress a job so that she shuts up the rest of the election cycle. Now, is Obama also saying that if you lower taxes, that you encourage businesses to create jobs? If he\u2019s going to give businesses just for a year a $3,000 tax credit that create a full-time job, is he not admitting that cutting taxes creates jobs? Obama does not know what he\u2019s talking about. He is repeating it and regurgitating it according to his political people. <\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: This is Sherry in New Braunfels, Texas. It\u2019s great to have you on the program. Hello. <\/p>\n

CALLER: Yes. It\u2019s an honor to speak with you.<\/p>\n

RUSH: Thank you.<\/p>\n

CALLER: Just a great honor. Hey, thanks for giving us a voice. I\u2019m a small businessperson here with a son who will be headed to Iraq in January.<\/p>\n

RUSH: God bless.<\/p>\n

CALLER: Hey, what I want to talk to you about today is the Democrats\u2019 plan to spend your way out of debt for America. It goes against everything I was ever raised to believe, and I do not understand. I\u2019m so frustrated that Americans are falling for this. It just frustrates me to no end.<\/p>\n

RUSH: Well, not all Americans are, but enough are, and the reason they\u2019re falling for it is \u2019cause they\u2019re the one getting the spending. They\u2019re the ones receiving it.<\/p>\n

CALLER: But —<\/p>\n

RUSH: They\u2019re the ones that are not going to be foreclosed on. They\u2019re the ones, the Fannie Mae gang, the people that should have never been lent the money in the first place. Extended unemployment benefits so people don\u2019t have to look for a job. Obama is proposing that even right now. Immediate relief to families. They\u2019re talking about another economic stimulus package. They\u2019re talking about expanding food stamps. So, yeah, you can\u2019t get your business or your household out of debt by spending like crazy, but they can because the people that get the spending, there are enough of them that vote.<\/p>\n

CALLER: Well, Rush, you know, intelligence is one thing, but wisdom is another. There are some just wise facts that I think many Americans were raised with that are kind of falling off the table, and one of those is: nothing in life is free, nothing.<\/p>\n

RUSH: Oh, we got rid of that in this country — where were you? — 30, 40 years ago. There\u2019s a growing percentage of people in this country since the New Deal who think that there certainly are things for free, and they\u2019re right! Free to them, they\u2019re not free to you and me and others who pay for it, but there are a lot of people who get free stuff.<\/p>\n

CALLER: But it\u2019s not free.<\/p>\n

RUSH: To them it is. I know, but as I mentioned, Obama\u2019s got this new voting group, this new voting bloc: the 30% or 35% of people don\u2019t pay federal income taxes. He\u2019s trying to make them into a single voting bloc. That\u2019s who he\u2019s gone after with this $250,000 figure that he\u2019s thrown around all over the place and all this stuff about tax cuts for the rich causing this economic climate that we\u2019re in. The greed, the Wall Street greed. Everybody but the people who are really responsible for this housing problem are being pointed fingers at by Obama, and that group of people is believing it. They\u2019re not enough to win an election by themselves, but that\u2019s why this stuff is a constant battle. <\/p>\n

The Democrat Party is doing and will continue to do what it has always done, actually, since LBJ. The last Democrat in the old days that I really knew as a Democrat is JFK. LBJ came in with the New Deal 2, the Great Society, the War on Poverty. They didn\u2019t work. New Deal 1 didn\u2019t, either, but don\u2019t try to tell anybody that. They think you\u2019re nuts. They think it saved us from the Depression. New Deal 2 didn\u2019t work, so by all means let\u2019s try New Deal 3, and we\u2019re in the midst of it. Now, they\u2019re not enough to win an election, but that\u2019s why they always have to be reminded. I love relying on the character, the strength, and the wisdom of the American people, but you have to keep educating people for that wisdom and strength and character to maintain \u2019cause the left is going to perpetually try to dumb \u2019em down. <\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: Now, my friends, we\u2019re talking about Obama today. By the way, you might be wondering, ‘Rush, why are you saying ‘my friends\u2019 so often?\u2019 Because I\u2019m trying to make it a little bit more palatable, as often as Senator McCain says it. I figured, I am universally loved and admired, and if I can say, ‘my friends,\u2019 and make it palatable then it will be palatable to you when you hear Senator McCain say it twice or three times every sentence. At any rate, we\u2019ve been talking about Obama here and his tax cuts. If you\u2019re just joining us, he\u2019s going to give a tax credit of $3,000 for every job created — every full-time job created — in the economy, but only for one year. It will expire in 2010. Now, think about this for a second. Obama says he will give a tax break for creating a job, but you don\u2019t create jobs for tax breaks. <\/p>\n

That\u2019s not why people go into business. You create businesses to make money. You need the capital! (For those of you in Rio Linda, that\u2019s money). You need money to create your business or expand your business or run your business, and you get that capital mostly by making a profit. You hire more people and if in doing so you can make more money per person hired, that\u2019s why you do it. You hire more people to create more productivity, to produce more, which leads to more profit per person, more money. A tax cut does not cover the cost of hiring a person or create value when hiring a person. If you\u2019re told, if you\u2019re a business, ‘Okay, we\u2019re going to give you a $3,000 tax credit for every full-time job you create,\u2019 you know what the businessman is going to say? <\/p>\n

‘Okay, I\u2019m going to get a tax credit for three grand, but I gotta go out and hire my person at whatever salary it is, and then I gotta add the benefits package to it and then I\u2019ve gotta do this and I gotta do that.\u2019 Now, what happens if the average businessman says, ‘This is a rotten deal. I\u2019m going to be given a tax credit of three grand, and it\u2019s going to cost me $75,000 or more to get it, and I got no reason to make this hire right now in this economy because we\u2019re not growing? So I\u2019m supposed to be sucked in by a $3,000 tax credit, to go out and expand my business, when there isn\u2019t any productivity to justify it, or might not be?\u2019 This is silly! Now, I\u2019ll tell you what\u2019s going to happen, and this is exactly what Obama\u2019s boys are planning on happening. <\/p>\n

A lot of businesses won\u2019t take the deal, and then Obama\u2019s going to point fingers, ‘They don\u2019t care about you. It\u2019s Wall Street, Main Street, greed. They coulda had a $3,000 tax credit.\u2019 Now to you, $3,000 tax credit might be a huge deal if you don\u2019t have to spend any money to get it. But businesses are going to have to go out and spend money to get this tax break. So what good is saving three grand for one year, when it costs you $75,000 to get it? So you opt out saying, ‘No thanks, Obama, I\u2019ll wait \u2019til business circumstances warrant my hiring somebody, and I\u2019ll hire somebody on the basis that businesses do it.\u2019 He wouldn\u2019t know that, by the way. He\u2019s never been in one, and the one time he did work in the private sector he considered himself ‘a spy\u2019 in there, as he wrote in his own stupid book. When these guys do not take advantage of this and small businesses don\u2019t hire these people, then Obama is going to say, ‘Well, look at this! This is greed, selfishness.\u2019<\/p>\n

You need profit to hire people, Obama, not government! You need profit. If you are going to go out and hire a person, a tax cut based on hiring people doesn\u2019t cover the cost of hiring the person. I don\u2019t even think Obama cares or even knows this. He\u2019s a socialist. He simply cannot bring himself to leave businesses alone, to make it easier for them to grow — harder for them to grow. He does have the slightest clue. You know, he wants to micromanage the private sector with gimmicks like tax breaks for hiring people. Why not just give him a tax cut, period? Just cut the corporate tax rate, Obama! Just do it the simple way, just cut the corporate tax rate. Obama could propose — this is never going to happen — cutting the federal workforce and giving all Americans a tax cut. But Obama, you\u2019re running for president, not CEO of every company out there. It seems to me a president has enough to do than to try to manage every business in the country. <\/p>\n

But Obama is trying to make you think that only Washington can manage everything correctly. Only government can manage everything correctly because, ‘After eight years of Bush and McCain (ta-da ta-da ta-da!) we got corruption on Wall Street. We got greed on Wall Street. We got corruption on Main Street. We got corruption everywhere but Congress,\u2019 and of course Congress is corruption headquarters. <\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: Here\u2019s Obama in Toledo confirming the tax credit for every new employee that I mentioned earlier today.<\/p>\n

OBAMA: We\u2019ve already lost three quarters of a million jobs this year. Some experts say that unemployment may rise to 8% by the end of this —<\/p>\n

RUSH: No, he\u2019s wrong, idiot.<\/p>\n

OBAMA: We can\u2019t wait until then to start creating new jobs.<\/p>\n

RUSH: Of course not.<\/p>\n

OBAMA: That\u2019s why I\u2019m proposing to give our businesses a new American job tax credit. Instead of giving tax credits to — and tax breaks to companies that shift jobs overseas, what we\u2019re going to do is say to American companies, for each new employee you hire in the United States over the next two years–<\/p>\n

RUSH: We\u2019re going to give you a tax credit of $3,000. That\u2019s the plan. This is not why businesses hire people. The cost of hiring these people will be far more than what Obama\u2019s tax breaks are. It\u2019s not possible, it\u2019s not gonna work, you cannot micromanage business this way. People do not hire employees to get tax breaks, it\u2019s going to cost somebody 75 grand to get that three grand, and it\u2019s a tax credit, it\u2019s not even a straight deduction. This is smoke and mirrors. And he continued.<\/p>\n

OBAMA: To fuel the real engine of job creation in this country, I\u2019ve also proposed eliminating all capital gains taxes on investments in small businesses and startup companies. They\u2019re the ones that create 80% of the new businesses. And I\u2019ve proposed an additional tax incentive through next year to encourage new small business investment.<\/p>\n

RUSH: Stop the tape. Now, I don\u2019t know what this means. I hate to parse this, but I don\u2019t think he knows what he\u2019s talking about, either. ‘To fuel the real engine of job creation in this country, I\u2019ve also proposed eliminating capital gains taxes on investments in small businesses.\u2019 Now, look, folks, bear with me here. I think I know what he\u2019s trying to say, but he didn\u2019t say it. When you invest in a small business, one way you could do it is in the small business is listed on the stock exchange and you buy stock. But most small businesses are not listed. So when you invest in a small business, if you don\u2019t own it, how do you invest in a small business? Maybe you make a loan to the small business? Or does he mean, if you are a small business owner and you invest in your own business, to grow it, then I will eliminate capital gains taxes. I don\u2019t think there are capital gains taxes on your small business. <\/p>\n

Now, I\u2019m not totally sure here, I have a small business here, I do my taxes every year, and I don\u2019t see a cap gains deduction that I take. This I think is the continuation of that stupid answer that he gave with the Money Honey, Maria Bartiromo on CNBC. When Bartiromo asked him about capital gains, he said, (paraphrasing) ‘We\u2019re only going to tax capital gains to some big businesses capital gains, some people, rich people, we\u2019re going to stagger it, like progressive –‘ You can\u2019t make a capital gains tax progressive. He didn\u2019t know what he was talking about. Somebody else caught him on this, too. It might have been Lou Dobbs, I forget who it was, but somebody else was beside themselves he didn\u2019t know what a capital gains tax was. ‘I\u2019m going to eliminate all capital gains taxes on investments in small businesses.\u2019 See, most small businesses are Subchapter S corporations and a lot of small businesses are allowed to do that on their individual 1040 return. We\u2019re not even talking about corporate taxes here. I don\u2019t know that he knows what he\u2019s talking about. You can interpret this any number of ways, but I\u2019ll guarantee you the way it\u2019s meant to be determined is class envy. The logic is good enough for small business, well, fine, we\u2019ll try to promote this and make people think I\u2019m giving tax cuts to people. I think he\u2019s being nailed here on all of his tax increases. Now he\u2019s running around looking for any excuse to talk about tax cuts, tax credits, eliminating capital gains taxes? By the way, I\u2019ll tell you what this is really about. This is really about he knows that part of what\u2019s going on on Wall Street last week is the plunge is due to some people anticipating his economy. Okay, roll the rest of this. Let\u2019s see if we can make sense of any more of it.<\/p>\n

OBAMA: Protect the jobs we have and to create the jobs of tomorrow by unlocking the drive and ingenuity and innovation of the American people, and we should —<\/p>\n

RUSH: Stop the tape. We have to unlock the drive and the ingenuity and the innovation of the American people? What the hell do you think got us where we are in this country? What do you think unlocked the drive and the ingenuity? Obama, it\u2019s your party that wants to punish that. It\u2019s your party that wants to shackle that. Here\u2019s the rest of this.<\/p>\n

OBAMA: — track the loan guarantees that we\u2019ve already passed for our auto industry and provide more as needed so that they can build the energy efficient cars not in Japan, not in South Korea, but right here in the United States of America.<\/p>\n

RUSH: Only government action can unlock ingenuity. Only government money or tax cuts can accomplish great things in American business. I mean, that\u2019s what this all boils down to. Let me grab a couple phone calls here because we\u2019ve got lots more to go. <\/p>\n

Robert in Florida, nice to have you on the EIB Network, sir. Hello.<\/p>\n

CALLER: Hello. How you doing today?<\/p>\n

RUSH: Very good, sir. Thanks.<\/p>\n

CALLER: I was watching CNBC a while ago, and they had Tom Jurassic Park Brokaw on explaining how the markets got in this big mess that we were in, and then he finally said, ‘Now, what we\u2019re going to have to do is someone\u2019s going to have to take a look at debt, we\u2019re going to have to decide who can have debt, how much debt they can have, what size house they can have,\u2019 where does this end with the socialists?<\/p>\n

RUSH: Brokaw said these things?<\/p>\n

CALLER: Yeah, he said them about 40 minutes ago. He was promoting —<\/p>\n

RUSH: Snerdley has CNBC on back in his office, he likes some of the babes on that channel, and I saw that Brokaw was on there, I thought it was Brokaw.<\/p>\n

CALLER: Yeah.<\/p>\n

RUSH: But we didn\u2019t have sound up to know what he was saying. We, Brokaw speaking for we, we\u2019re going to have to decide who can have debt, how much debt they can have, what size house — did he actually say what size house they can have, or are you just inferring that based on how much debt we can have?<\/p>\n

CALLER: No. He said once we get through this mess, we\u2019re going to have to take a look debt, who can have debt, how much debt they can have, what size house they can have. And I said, wait a minute —<\/p>\n

RUSH: He actually said those words, what size house they can have?<\/p>\n

CALLER: Listen, I\u2019d be willing to bet my small business income on it, which is not going to be much if Barack wins.<\/p>\n

RUSH: (laughing) I\u2019m sorry for laughing. It\u2019s a serious thing. <\/p>\n

CALLER: It is. I use independent contractors, and I\u2019ve told them flat out, because I think I\u2019m the last —<\/p>\n

RUSH: Let me ask you a question about that. You\u2019re an independent contractor, small businessman, that means ladies and gentlemen, for an independent contractor, what it means is this poor guy gets paid the gross. Whatever his business is — and I\u2019m not asking here — whatever his business is, you\u2019re going to bill for the full amount, he\u2019s gotta file quarterly and federal, state, whatever estimated tax payments basically every three months, and I want to ask you, have you invested in your independent contractorship?<\/p>\n

CALLER: Yes, I have.<\/p>\n

RUSH: Do you pay capital gains on the success of your investment in your business?<\/p>\n

CALLER: I\u2019ve never heard of that.<\/p>\n

RUSH: I haven\u2019t either. I\u2019m still mystified trying to understand this one, which is my mistake, \u2019cause it doesn\u2019t mean anything. He doesn\u2019t know what he\u2019s talking about. It\u2019s not supposed to mean anything. He\u2019s just relying here on the lingo. This is the way he can say tax cuts, eliminate tax, eliminate capital gains, eliminate capital gains, \u2019cause he knows he\u2019s getting hit on this subject in the stock market. Okay, look, I appreciate that out there, Robert. This is where the socialists are heading. Tom Brokaw from Jurassic Park? Well, they can\u2019t come after my house \u2019cause I have no debt on my house. I cannot borrow any money to buy my house. I haven\u2019t borrowed money to buy a house since 1985. I rented until I could afford. After I sold that house in Sacramento, moved to New York, I rented, people said, ‘You\u2019re throwing your money away.\u2019 But those first five years that apartment was like a dormitory, just a place to sleep, you know, leave the potato chips lying around, never invite anybody into it, just a base of operations. They can\u2019t kick me outta my house. They might be able to kick me outta my house if I violate turtle lights, you know, and that sort of stuff. But limit the size of house people can have, Tom Brokaw, Drive-By Media emeritus? He still hosts Meet the Press now and then. I would have loved to have known the input. He would have been on with the Street Sweetie, if it was after two o\u2019clock. I wonder what the Street Sweetie said to that.<\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Well, now this is interesting. We have an AP Obama story that just cleared the wires about 45 minutes ago: ‘Democrat Barack Obama is calling for a 90-day moratorium on foreclosures and a two-year tax break for businesses that create jobs as part of a plan to heal the nation\u2019s ailing economy. The presidential […]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"\nObama's Tax "Cuts" and "Credits" are Just a Disguise for New Deal 3 - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rushlimbaugh.com\/daily\/2011\/05\/19\/obama_s_tax_cuts_and_credits_are_just_a_disguise_for_new_deal_3\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Obama's Tax "Cuts" and "Credits" are Just a Disguise for New Deal 3 - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: Well, now this is interesting. We have an AP Obama story that just cleared the wires about 45 minutes ago: ‘Democrat Barack Obama is calling for a 90-day moratorium on foreclosures and a two-year tax break for businesses that create jobs as part of a plan to heal the nation\u2019s ailing economy. The presidential […]\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125110.Par.39723.ImageFile.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"23 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#website\",\"url\":\"https:\/\/admin.rushlimbaugh.com\/\",\"name\":\"The Rush Limbaugh Show\",\"description\":\"Excellence In Broadcasting\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/admin.rushlimbaugh.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2011\/05\/19\/obama_s_tax_cuts_and_credits_are_just_a_disguise_for_new_deal_3\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125110.Par.39723.ImageFile.jpg\",\"contentUrl\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125110.Par.39723.ImageFile.jpg\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2011\/05\/19\/obama_s_tax_cuts_and_credits_are_just_a_disguise_for_new_deal_3\/#webpage\",\"url\":\"https:\/\/www.rushlimbaugh.com\/daily\/2011\/05\/19\/obama_s_tax_cuts_and_credits_are_just_a_disguise_for_new_deal_3\/\",\"name\":\"Obama's Tax \\\"Cuts\\\" and \\\"Credits\\\" are Just a Disguise for New Deal 3 - The Rush Limbaugh Show\",\"isPartOf\":{\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2011\/05\/19\/obama_s_tax_cuts_and_credits_are_just_a_disguise_for_new_deal_3\/#primaryimage\"},\"datePublished\":\"2011-05-19T03:15:20+00:00\",\"dateModified\":\"2011-05-19T03:15:20+00:00\",\"author\":{\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#\/schema\/person\/911066e449df26406b107ca78cbbde0b\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2011\/05\/19\/obama_s_tax_cuts_and_credits_are_just_a_disguise_for_new_deal_3\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.rushlimbaugh.com\/daily\/2011\/05\/19\/obama_s_tax_cuts_and_credits_are_just_a_disguise_for_new_deal_3\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2011\/05\/19\/obama_s_tax_cuts_and_credits_are_just_a_disguise_for_new_deal_3\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.rushlimbaugh.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Obama\\u2019s Tax “Cuts” and “Credits” are Just a Disguise for New Deal 3\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#\/schema\/person\/911066e449df26406b107ca78cbbde0b\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f18195e0073013fa0e16b040686c2924?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f18195e0073013fa0e16b040686c2924?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"url\":\"https:\/\/www.rushlimbaugh.com\/daily\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Obama's Tax \"Cuts\" and \"Credits\" are Just a Disguise for New Deal 3 - The Rush Limbaugh Show","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.rushlimbaugh.com\/daily\/2011\/05\/19\/obama_s_tax_cuts_and_credits_are_just_a_disguise_for_new_deal_3\/","twitter_card":"summary","twitter_title":"Obama's Tax \"Cuts\" and \"Credits\" are Just a Disguise for New Deal 3 - The Rush Limbaugh Show","twitter_description":"RUSH: Well, now this is interesting. 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