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 ...
Financially, it’s hard to beat Singapore. The environs, a little less nice, and they do have a socially nanny state.
...By eating only one of the sheep. (for now)
More like a cave with three wolves in it cast five votes
i guess all the rich liberals are going to get their asses taxed off.
obama paid what, 17% last year? Probably less than Warren Buffets secretary
His tax return better show 39% federal tax rate next time...
Take 95% of Katy Perry’s and Sarah Silverman’s loot first.
I’m sure it will be all good.
Substantive portions from Dinesh DeSouza’s `2016, purple rhetoric, mine:
Let me be clear, the father who abandoned junior, who had several wives and children and was a professional student with radical politics, also an abusive husband and father and mean drunk, eventually died in a car accident while driving drunk. Little Barry got to see him once, as a boy.
Make no mistake about it, with dripping pathos suitable for an article in a psychiatric journal or Lifetime movie, little Barack channels his father (”Dreams *From* My Father”) lionized to him by his spurned mother all of little Barry’s life.
Dad did manage to write a scholarly article in which he claimed it was “theoretically possible to tax people 100%”. The government (those who know) would decide how much of your money you were allowed to keep, to use for your own needs. Keep in mind, you didn’t really earn it or build that business or whatever, especially if you were a white devil victimizing people of color all your life.
You know what? Some people have greater abilities to produce money while others have real needs, so some are going to have to give up more of their pie so others can have more.
Yeah, Barack Sr. was a Marxist, Mommy was a commie and Barry Soetero/Obama is both of them incarnate.
I’m thinking he’s going to nationaliza ALL industry. The small businesses are ‘in the way’ and ‘middle class’.
Wealthy Americans To Obama: Read My Lips, Have It Your Way, Buckwheat, We Will Layoff Our Employees And move Our Business Overseas. Oh, And Take Your “I Won” and Stuff It Up Your A$$.
You know how much he wanted to say it. He can't help himself.
The poor could really use that dough.
Fine, Obama. Start with a 20% surtax on movie tickets, DVDs, CDs, movie and music downloads and rentals. Don’t you think Beyonce and Jay-Z should pay their fair share?
}:-)4
Three simple words: Law of Causality.
SOBama didn’t build that wealth. But that won’t stop him from confiscating it for the purposes of redistributing it.
All those rich celebrities that celebrated Obama’s re-election and contributed to his campaign(Beyonce, Jay Z, Anne Hathaway, Halle Berry, Will Smith, the list goes on and on) let their taxes get raised..raise it to 70 percent just like in France. They love Socialism so much, they embraced Obama and kissed his ass, let their taxes skyrocket. I wont shed a tear for them
We just THOUGHT we saw arrogance the last four years. I guarantee that arrogance would wear off real quick if Boner called him and said “If you mean what you said then there’s no use in us meeting.” But, he won’t do that.
250k gross minus taxes & living expenses is tidy only out in the back forty.
And yes I will enjoy watching my idiot liberal neighbors whine about their tax bill.
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