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Thread: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

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    No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Obama is playing politics with the lives of us Americans he supposedly is in office to do good things for. His statement that he will not sign a bill that does not raise taxes on the rich proves he is more interested in destroying Republicans than he is in leading us out of this horrible economy. If Reps can find a way to meet his dollar requirements through closing loop holes the rich use then there should be a deal. What obama wants though is to weaken Reps with their base by forcing them to break their pledge not to raise taxes or to go over the cliff and blame it on Reps in order to turn the general public against them. Obama just may drag us into another recession, possibly even a new depression.


    "President Obama today declared there would be no deal to avert the looming fiscal cliff unless Republicans agree to raise rates on the top 2 percent of income-earners."

    No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says - ABC News

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Financial woe, and extended threat of collapse is exactly what he wants. He, and his disciples hate the wealthy, they think it is unfair that free people succeed at their own rate, and path. And the cynical thing is that Obama, and his progressive allies in congress, know full well what Emmanuel let slip early on, and that is the canard about not letting a good crisis go to waste....In that vein, he will not only call everything a crisis, but extend that which is critical to invent more crisis' in order to rule like a dictator.

    I sure hope America comes to it's senses and finds a way to remove this mans power, and these progressives from office.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Or, you know, the President is being realistic and facing the stone cold fact that we can't balance the budget without raising taxes.

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by Viktyr Gehrig View Post
    Or, you know, the President is being realistic and facing the stone cold fact that we can't balance the budget without raising taxes.
    so why was a plan that raised similar amounts of revenues rejected? why should no one else pay higher taxes but the 2%. If the revenue is that needed taxing only 2% of the voters more appears to be based on politics rather than truly a desire to raise more revenue.

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    So a better plan would be to raise taxes on the poor and middle class?

    Great - let's try to get blood from a stone too.

    When you cut programs, which we need to do as well, you mostly effect the middle and lower class. Why should the upper class, yet again, get a pass?

    Cut programs and spending, but also raise taxes. And raising taxes includes the upper class, who are paying historically lower rates than they did for most of the 20th century.

    I don't know why people want to make the rich out to be victims when they've had unprecedented prosperity during a time when the masses have struggled more than any time since the WW2.

    So remember, when you talk of cutting spending you effect mostly everybody BUT the rich.
    So why double down on those people when you talk of raising taxes?

    Why is there some strange need to protect the most prosperous at the expense of the everybody else?

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Well, that was easy taxes are already being raised on the rich this year.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by sawyerloggingon View Post
    Obama is playing politics with the lives of us Americans he supposedly is in office to do good things for. His statement that he will not sign a bill that does not raise taxes on the rich proves he is more interested in destroying Republicans than he is in leading us out of this horrible economy.
    It is also the promise he campaigned on. And in part due to that promise the People delivered him the Presidency. So he should break that promise to assuage the Republicans? I am not yet convinced he won't break that promise, but he shouldn't. And if he does break that promise, you can be sure the Republicans will pain him the liar. And they would be correct in doing so if he does cave on this.

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by TurtleDude View Post
    so why was a plan that raised similar amounts of revenues rejected?
    Because the math was wrong. The plan presented was flawed and in reality would not raise the $800 in revenue.

    A <SNIP> from the following article:

    Boehner signaled in discussions with Obama in 2011 that he was willing to accept up to $800 billion in higher tax revenues, but his aides maintained that much of that money would have come from so-called dynamic scoring - a conservative approach in which economic growth would have accounted for much of the revenue. Now, Boehner is willing to accept the estimates of official scorekeepers like the Congressional Budget Office, whose models reject dynamic scoring.
    GOP fiscal cliff plan echoes failed budget talks | National & World News | Seattle News, Weather, Sports, Breaking News | KOMO News
    When it comes to matters of reproduce health, Politicians and the religious dogma of another faith should never interfere with religious liberty of an individual or her faith.

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by Dragonfly View Post
    So a better plan would be to raise taxes on the poor and middle class?

    Great - let's try to get blood from a stone too.

    When you cut programs, which we need to do as well, you mostly effect the middle and lower class. Why should the upper class, yet again, get a pass?

    Cut programs and spending, but also raise taxes. And raising taxes includes the upper class, who are paying historically lower rates than they did for most of the 20th century.

    I don't know why people want to make the rich out to be victims when they've had unprecedented prosperity during a time when the masses have struggled more than any time since the WW2.

    So remember, when you talk of cutting spending you effect mostly everybody BUT the rich.
    So why double down on those people when you talk of raising taxes?

    Why is there some strange need to protect the most prosperous at the expense of the everybody else?
    1) the deficit is not the fault of the rich. if its a problem everyone needs to pay more

    2) so you are saying is that government spending really doesn't benefit the people who now are told they have to pay even more?

    3) the rates for EVERYONE are HISTORICALLY LOWER-that is why the rich pay a HIGHER SHARE of the income tax burden than they did 20, 30, 40, 50 years ago

    4) you seem to think that taxes should be used to even up "luck"

    5) you also seem to ignore the fact that raising taxes oNLY on the rich cause everyone else to demand more spending-if everyone is taxed MORE maybe EVERYONE else might decide we have TOO MUCH government

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by Harry Guerrilla View Post
    Well, that was easy taxes are already being raised on the rich this year.
    the health care law imposes a 25% increase in the tax rate on investment income on the rich

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