Sunday, April 10, 2011
Plouffe: Obama still wants tax hikes for wealthy - POLITICO Live - POLITICO.com
President Obama's version of Karl Rove says the POTUS still wants higher taxes for the wealthy...Funny, as here in liberal NY an effort to impose a millionaire's tax was rolled back.....One must guess the President believes we can keep spending and those pesky rich people will foot the bill.....The rich are going to have to work a lot harder to cover the current deficit. Plouffe: Obama still wants tax hikes for wealthy - POLITICO Live - POLITICO.com
Subscribe to:
Post Comments (Atom)
16 comments:
Even if you believe in confiscating the wealth of those with means, there is no way the math works. There is not enough money in those pockets to make the budget work. The motivation of those who advocate for this class envy, and that alone. Any lie that works is a good lie.
The capital gains tax rate of 15% that guys like Jimmy Buffet...er I mean Warren Buffet, and Dave Mance pay is ridiculously low. But 36% for earned income is as high as it should ever be.
Here are some whoppers :
Trickle Down Economics
Reganomics
Good Job Brownie!
Mission Accomplished
WMD
Bailouts for Bankers , Auto Industry
Too Big to Fail
Tax cuts equal prosperity for All
A Rising Tide Raises All Boats
Cash for Clunkers.
Ge pays Taxes ( NOPE not a cent )
and thats JUST a start i could go on for hrs illustrating that BOTH sides are guilty .
A PRESIDENT STANDS UP TO BE COUNTED:
An understanding between the two main political parties hasn’t deterred him from remembering who he is and what he represents as President of these United States of America to us the little people. President Obama is the embodiment of hope for the little guy/gal with almost no reason to keep hoping for a better day for himself/herself and his or her families in these difficult economic times.
The President has no trouble understanding that what Congressman Paul Ryan of Wisconsin represents is the dismantling of every positive, non-partisan impulse that decent human beings in this Country have ever expressed, via passage of legislation to aid the less fortunate among us in America. Ryan has supported Scott Walker’s attempts to destroy ‘Collective Bargaining in his state and counts that as merely another way to cut programs and government overhead; because in Ryan’s mind no big Government Programs or 'Unions' fighting for their members right to safety on the job or a better wage are wanted in Wisconsin or America.
The President, unlike some has never lost his focus, and that as President, he represents the America who wants to nurture and educate its kids, so they'll hopefully have productive lives. The Americans that want to live lives of dignity, pursuing their art, or developing their ideas and inventions, so that America is just a little better.
Yes, some of these Americans will become incredibly wealthy as a result of pursuing enlightened self-interest in the market place. They’re lucky, because when they get there they still won’t measure a person by their wealth, but by who they are as human beings. Incredibly they won’t consider themselves better than their fellows; they’ll embrace those fellows and value them for who they are and what they can do for America. It takes a man who believes in people to feel that way about the average person.
Mr. President, taxing the Rich at a higher rate is a political obligation that could never go away in these hard times. People like Rep. Paul Ryan, are haters of a compassionate government and seek to direct us into the dark ages of political indifference our fore fathers from Europe came to America to leave behind. Whatever mistakes we as a people have made, or will make in the future, letting someone like Rep. Paul Ryan foster the notion, that progressive government is a mistake, instead of a necessity will not be one of them.
The Middle Class of America will stand behind President Obama, for all less fortunate Americans, and not be eliminated by this Palace guard of people haters that has come to be the Conservatives Wing of the Republican Party. For any of you who work two jobs and pay for gas on credit cards you can’t afford to get to work in a car, because there is no public transportation alternative, so many others suffer the strain of surviving with you in our country. At least we have a President who cares about those sufferings. A President who will seek to ‘Tax the Rich’ and to balance our budget and help the Middle and Working Class families of America; because he’s not going to let the Rich avoid paying their fair share.
Mike Flynn ‘Middle-Class Mike
Ding - wrong answer.
If the top corporations alone paid say a full 30% vs the average they now pay (23%), then bingo our deficit would be cut in half in one year and totally gone in two...
BTW: the GOP wants them to pay a flat 25% -- that is exactly what my tax bracket is... and btw: I don't get to haggle for a lower rate at tax time, do you.
My first start would be with GE: $14 billion in profits last year - paid zero taxes and in fact got a $3.2 billion tax credit - which is money back... you try that some time.
The rich are going to have to work a lot harder to cover the current deficit.
There is not enough money in those pockets to make the budget work.
see, the thing is, i don't really know of anyone who thinks that budgets, either at the state or federal level, should be balanced via tax hikes alone. obviously that's never going to work -- nor is it going to work to balance them via spending cuts alone.
we should enact both tax hikes and spending cuts. it's not like they're mutually exclusive.
Time to pay up!
Yeah, as Dannie would say, the problem is we don't tax enough. It certainly doesn't have anything to do with spending. Ya think? Under what conditions can you imagine getting enough money to satisfy the Donkey party?
GE paid lots of taxes. hey paid them in other countries that have reasonable corporate rates.
They did not pay any US taxes this year because they had carry over losses from GE capital. That is money they already paid billions in taxes on, that they went on to lose and so deserve to write off like any other corporation.
Why does ya think all the corporations, except the really corrupt ones that are in bed with The Great One (GE) went offshore in the first place? That's right, to avoid the highest corporate taxes in the world. We will show 'em, lets raise that tax. That'll teach 'em a lesson. What fools. In typical lib fashion you can't get enough from business so you're mad about it. If you had kept the rates fair, they might not have left (except for GE). Earth to Dannie, the highest in the world isn't fair, or productive. But you couldn't help yourself. You always do the simplistic thing and believe raising tax rates raises tax revenues. You really is smart boys. And all so you can get your own FreeStuff.
They don't call Em Tax and Spend Liberals for Nuthin. Us Rednecks just spend what We make. Dems on the other hand, spend other Folks money.
It is laughable that the libs think the USA has too much power in the world and are anti-nationalist...citizens of the world. But when a company operates out of the united states they want to have the power to tax those outside operations and imperialism makes sense to them then.
It continues to amaze me how some at this trough defend the likes of GE, who paid no taxes and still got $3.2 billion in tax credits on their $14 billion earning, yet they regularly blast me for saying the upper crust should get back to paying their fair share and that share is not 23% (average today for most), or zero (for some), believe me.
Truly astonishing...
Somebody gotta pay for my largesse, and it ain't gonna be me. So, get out there and Work, Teapublicans! I have a lifestyle to maintain on your dime.
Let's see 600 American companies in Ireland, 100,000 jobs, and taxed 12 - 22 percent; In the USA taxed 32-35%, lost 600 American companies, and possibly 100,000 jobs. Hmmmm, what's wrong with this simple snapshot of exodus from taxes?
Don't lie Dannie. I didn't defend GE. It's your party that is embarrassed by the fact that the biggest abuser of our corporate tax law is one of Obama's nap buddies. It's not good when you lie and try to tell people us concervatives are defending that practice. What we are saying is the corporate tax rates are too high and too complex. You seem to think raising the rates is the answer. With the lawyers GE has, they still will pay no taxes. The laws have to simplified and the rates need to be lowered. That would bring in the most money to help our economy. And it would also help bring in more money so we could continue to send you your FreeStuff.
Post a Comment