Posted on 11/09/2012 3:39:31 PM PST by Steelfish
Obama To Wealthy Americans: Read My Lips, I WILL Raise Your Taxes! By TOBY HARNDEN 9 November 2012
President Barack Obama has thrown down to gauntlet to Republican leaders, inviting them to the White House next week to discuss the so-called fiscal cliff but insisting any compromise will include higher taxes on the rich.
A crisis is looming at the end of the year is agreement cannot be reached on how to avoid falling over the cliff - a scheduled combination of tax increases and spending cuts due at the end of this year.
‘We can't just cut our way to prosperity,’ Obama said in an event in the East Room in the White House Friday staged with what aides described as ordinary middle-class Americans arranged behind him.
‘We're serious about reducing the deficit. We have to combine spending cuts with revenue, and that means asking the wealthiest Americans to pay a little more in taxes.’ While not using the word ‘mandate’, Obama all but insisted he had a mandate to raise taxes on the wealthy.
He flexed his political muscles, indicating he would use his enhanced power following his re-election in an electoral college landslide by strong-arming Republicans into raising taxes.
‘I’m not going to ask students and seniors and middle class families to pay down the entire deficit, while people like me making over $250,000 aren’t asked to pay a dime more in taxes. I’m not going to do that. ‘And I just want to point out, this was a central question during the election. It was debated over and over again. And on Tuesday night we found out that the majority of Americans agree with my approach.’
(Excerpt) Read more at dailymail.co.uk ...
how much are you gonna chip in ubama and your little friends too, Taraza Heinz- Kerry, the Kennedys, your rich bundler friends in Chi town, all your buds that have made millions feeding from the public trough, huh?
Let both sides compromise by splitting the difference down the middle.
The problem, as has been shown time and time again, is that these folks can pile on deduction after deduction and reduce their tax liability.
Things most Americans cannot do. So, since the money has to come from somewhere, the folks without all those deductions get shafted and pay more.
The people in our government are nothing but a bunch of selfish morons, republican and democrat, alike.
He's putting small business owners squarely in the crosshairs.
It’s going to interesting to see where he is going to get all these taxes when the rich start renouncing their citizenship and take off to Europe and all he’s left with are 100 million unemployed. Well 100 million is a little ridiculous, after all we are talking about Obama here....and all he’s left with are 200 million unemployed.
one=on
stop spending in every way possible.
file extension after extension.
starve that evil sonofabitch
It really is gonna happen. Job losses will be horrific w/ 0bamacare plus small bus taxes. It’s going to get even worse - a lot worse - than it has been for the last four years.
Get out if you can.
Good. I hope he starts with Michael Moore, then Letterman, then all those other Hollyweird types. Let them live on a $30,000 year salary.
Europe's looking dicey. France--with Hollande? Italy, Spain, Portugal, Greece about to implode. Switzerland probably won't have the average well-off person. Heck, rich Chinese are moving their funds here and to Canada (look at Vancouver real estate.)
Greedy, class warfare consumed and debt-ridden governments are on the rise, and you can't keep it under a mattress.
O is striking at a time when good options are limited.
Apparently this is what the majority wants. That is what they voted for.
I have never been anywhere the 1%, have had a negative net worth almost all of my adult life, and I still vote against this wealth redistribution. Not enough do, though, so, there it is. We get what we ask for. Sadly the majority wants theft.
The media will do everything to dupe the lumpen masses into thinking that it was indeed a mandate.....never mind the count.
The lumpen masses will accept it as gospel....and fault the GOP for not "reaching across the aisle".
Thus endeth today's reading of the gospel according to St. Barack.
Leni
Five wolves to four lambs - we won, you lost, the majority favor lamb for dinner.
a complete perversion of the constitution. Along with all the other discarded clauses, guess the equal protection one doesn’t apply to many of us.
This has been the demoCrap’s strategy ever since that slob ted kennedy passed the crimigrant bill, viz. flood America with 3rd world mongrels, give the ghetto and entitlement crowd endless freebies, then give them all the vote. Career dim politicians are whores who will sell their children for a dollar.
Guess what Obama, it’s not your majority who are getting robbed you evil creature. You think the rest of us are just your resources who get nothing in return except Your Peoples hatred.
Class warfare, gender warfare, race warfare. Obama is the warlord in chief.
All of this will end badly.
What small business owners ought to say to the Won: “Read my lips, mr. socialist pigsh_t, I will lay off the rest of my employees and shut it all down. You got over $100K (whatever the number is) this year. You will be lucky to get 10K (whatever the number is) next year.”
America and Europe are intentionally being slowed while that happens.
The anti-colonialist-in-chief is doing just what he was brought up to do.
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