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Thread: Obama will not extend Bush tax cuts to wealthy

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    Obama will not extend Bush tax cuts to wealthy

    WASHINGTON President Obama will rule out on Wednesday any compromise that would extend the Bush-era tax cuts for the wealthy beyond this year, officials said, adding a populist twist to an election-season economic package that is otherwise designed to entice support from big businesses and their Republican allies.
    This is good news, I'm glad he's not bowing to the pressures of the GOP

    NYT: Obama will not extend tax cuts to wealthy - Politics - The New York Times - msnbc.com


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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by pbrauer View Post
    This is good news, I'm glad he's not bowing to the pressures of the GOP

    NYT: Obama will not extend tax cuts to wealthy - Politics - The New York Times - msnbc.com
    Class warfare at it's ugliest. More proof Obama isn't interested in getting the economy turned around. Why does he hate small business owners?
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by MrVicchio View Post
    Class warfare at it's ugliest. More proof Obama isn't interested in getting the economy turned around. Why does he hate small business owners?
    The two tax cuts that Obama would allow to end would be for those who making over 140,000 a year in income. Obama to Push Tax Break for Business Investment - WSJ.com

    Thats not most small business operations. Of course since you didn't define small business or really define anything at all I guess you could be 'right' since youre so vague. Here's a news flash, small business is a meaningless term, its just a political football to be punted around so people can say they care about the little guy.

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by pbrauer View Post
    This is good news, I'm glad he's not bowing to the pressures of the GOP

    NYT: Obama will not extend tax cuts to wealthy - Politics - The New York Times - msnbc.com
    Actually, I'm more in favor of scaling back the Bush tax cuts, and I'm for cutting back capital gains taxes.

    I think doing so gradually would be better as it wouldn't be so much of a shock to the economy, which has had too many shocks to it lately.

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    Re: Obama will not extend Bush tax cuts to wealthy

    What about tax cuts for busnesses and middle calss workers? I reckon he's going to **** them, too?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Obama will not extend Bush tax cuts to wealthy

    Unfortunately, Obama defines "wealthy" as anyone who has a job.

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    Re: Obama will not extend Bush tax cuts to wealthy

    This is definitely more good news for Canada.

    We have the Americans dependent on us for energy by not drilling or looking for serious alternatives, we have a much lower corporate tax rate than in the US, and now we will have many more of their leading entrepreneurs arriving because they'll be able to keep more of the money they earn than they will in the US.

    The US government, with the apparent acquiescence of the people, is killing their Golden Goose and all that will remain is a carcass of what once was the leading innovative industrial nation in the world.

    I like competition, but no one should want to win this way.

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    Re: Obama will not extend Bush tax cuts to wealthy

    I'm glad to see that partisanship and anger win out over facts again, seriously where are your sources, adspt, oscar? Just meaningless ranting is all we ever get.

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    Re: Obama will not extend Bush tax cuts to wealthy

    Finally Obama grows a sack.
    No men are anywhere, and Im allowed to go in, because Im the owner of the pageant and therefore Im inspecting it, Trump said... Is everyone OK? You know, theyre standing there with no clothes. Is everybody OK? And you see these incredible looking women, and so I sort of get away with things like that.

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by MrVicchio View Post
    Class warfare at it's ugliest. More proof Obama isn't interested in getting the economy turned around. Why does he hate small business owners?
    Wait a second here if business tax cuts are being proposed what makes you think Obama hates the small business owner?

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