Obama: I 'Don't Need Tax Cuts' and You Don't Either

Craig Bannister | June 27, 2016

People like us don’t need tax cuts, Pres. Obama told a gathering of the Democratic Congressional Campaign Committee (DCCC) on Saturday.

Both he and the donors in attendance are too well off to deserve tax breaks, Obama declared in his speech at a fundraiser at a private residence in Seattle, WA:

"And I would like to say that what we've had over the last eight years and what we're having now is a serious conversation between two parties, where we've agreed on the facts that there is climate change, or that there are problems with inequality, or that we have to take seriously the importance of reaching out to young, disaffected people and giving them a chance, and investing in education.  I'd like to think that we were having a serious conversation of that sort.

"But that's not what's happened -- because we have a party right on the other side that ignores the science and facts of climate change, that presents budgets whose numbers don’t even come close to adding up, that are promoting ideas of cutting taxes for those of us who don’t need tax cuts, and cutting vital services to the most vulnerable of our populations, and threatening to run up deficits."