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Obama: Americans voted for tax hikes on rich
Yahoo ^

Posted on 11/09/2012 5:05:29 PM PST by Sub-Driver

Obama: Americans voted for tax hikes on rich By Olivier Knox, Yahoo! News | The Ticket – 5 hrs ago

Claiming a mandate from his election romp over Mitt Romney, President Barack Obama announced on Friday that he had invited congressional leaders to the White House next week for talks on how to steer the battered economy away from a "fiscal cliff." Obama said he was open to compromise with Republicans—but that any final deal needed to raise taxes on the richest Americans.

"This was a central question during the election," the president said in brief remarks in the East Room of the White House. "It was debated over and over again, and on Tuesday night we found out that a majority of Americans agree with my approach.

"Our job now is to get a majority in Congress to reflect the will of the American people," Obama said. "I'm not wedded to every detail of my plan. I'm open to compromise. I'm open to new ideas. I'm committed to solving our fiscal challenges. But I refuse to accept any approach that isn't balanced."

The president, who did not take questions on Friday, campaigned in part on a plan that would extend most of the Bush-era tax cuts, but allow them to expire for individuals making more than $200,000 or families pulling in $250,000. Republicans have said they want to prolong all of those rate reductions.

Obama said, as he has all year, that this means both sides agree on extending the middle-class reductions—and that doing so should not require "long negotiations or drama. ... Let's extend the middle-class tax cuts right now. Let's do that right now." (Republicans have resisted; extending those rates would reduce the party's leverage on tax hikes affecting the wealthy.)

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Front Page News; News/Current Events; Politics/Elections
KEYWORDS: fubo; mandate; rich; tax; taxrate
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No comment.............
1 posted on 11/09/2012 5:05:32 PM PST by Sub-Driver
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To: Sub-Driver

No, they voted for free contraception, amnesty for illegal aliens, and subsidized abortion.


2 posted on 11/09/2012 5:09:08 PM PST by trublu
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To: trublu

You forgot food stamps and Obama phones..I wonder when Obama will send the bill to his rich celebrity buddies who all were giddy like kids on Christmas morning when the Commie was re-elected..I wonder if they will have to pay their “Fair share” I wouldn’t mind seeing those scum bags having to give up a big chunk of their wealth..but I doubt it, they will probably get waivers..the people who didnt vote for the douche bag will be forced to flip the bill


3 posted on 11/09/2012 5:11:44 PM PST by Sarah Barracuda
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To: Sub-Driver

No, half of all Americans didn’t vote. Of the half that voted, half voted for free stuff.


4 posted on 11/09/2012 5:12:21 PM PST by Sooth2222 ("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
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To: Sub-Driver

Hmm, let that bum dig his own grave. The more he says things like this, the more he’ll have to scramble for excuses when things come crashing down.


5 posted on 11/09/2012 5:13:27 PM PST by RWB Patriot ("My ability is a value that must be purchased and I don't recognize anyone's need as a claim on me.")
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To: Sub-Driver

Maybe some of them didn’t think that was what they voted for, but mindless as they were, that is exactly what they voted for.


6 posted on 11/09/2012 5:13:35 PM PST by Ron C.
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To: Sub-Driver

Americans voted for MORE TAXES ON DEMOCRATS.


7 posted on 11/09/2012 5:14:49 PM PST by muawiyah
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To: Sub-Driver

“Next to inflation, majority rule is the most ingenious scheme ever contrived by government. Most people have never dared to question the basic morality or logic in the assumption that the majority should have power over the minority. A majority of the people in the South once believed in black slavery. Did that make it moral? A lynch mob is majority rule stripped of its fancy trappings and its facade of respectability. In a community where homosexuals outnumber heterosexuals, should the majority have the right to outlaw sex between married partners of the opposite sex? In a community where atheists outnumber non- atheists, should the majority have the right to outlaw the practice of religion? ... a dictatorship allows only a small number of people to interfere with the rights of others, a democracy makes it possible for great numbers of people to impose their will on others — through the force of government. Is an act of aggression more right if carried out by the majority than by a dictator? Since approximately half the eligible voters vote this means that approximately 75% of the people are ruled by 25% of the people.”

Robert Ringer


8 posted on 11/09/2012 5:15:14 PM PST by RWB Patriot ("My ability is a value that must be purchased and I don't recognize anyone's need as a claim on me.")
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To: Sub-Driver

No, the Hispanics voted for government hand-outs. Single women voted for free contraceptives and abortion drugs. Blacks voted for ObamaPhones and food stamps. College kids voted to make themselves feel important. University professors voted to turn this country into a Socialist country like Europe has.

So, no, there was no mandate to raise taxes, jug ears.


9 posted on 11/09/2012 5:16:06 PM PST by txrefugee
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To: Sub-Driver

But, a P.S. - every American will suffer from higher taxation, higher gas prices, a weaker economy, few jobs available, a subdued and ineffective military - and we’ll all soon see moves to begin ‘one world government.’


10 posted on 11/09/2012 5:16:23 PM PST by Ron C.
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To: txrefugee
"...no mandate to raise taxes..."

LOL - anything goes now, anything whatsoever the bastard wants to do!

11 posted on 11/09/2012 5:18:05 PM PST by Ron C.
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To: Sub-Driver

Yeah, but not us evil whiteys. We voted for jobs.


12 posted on 11/09/2012 5:20:09 PM PST by Andrei Bulba (No Obama, no way!)
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To: Sub-Driver

Dig this. People who pay no taxes voted to raise other people’s taxes.


13 posted on 11/09/2012 5:21:27 PM PST by Andrei Bulba (No Obama, no way!)
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To: Sub-Driver

I don’t consider 200K rich or 250K for a family rich you may be more well of than others but wealthy no and besides
that it is not the governments money.


14 posted on 11/09/2012 5:23:25 PM PST by funfan
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To: Sub-Driver

I say let him have his taxes. Let them have everything they want. It’ll all come back to haunt them soon enough when their own constituents take violently to the streets just as they’re doing in Greece now.


15 posted on 11/09/2012 5:26:09 PM PST by The Duke
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To: Sub-Driver

Well then just raise the ones who voted for a tax increase... never mind


16 posted on 11/09/2012 5:26:25 PM PST by WKB ( Remember "Bush Lied and People Died" Now it's "People died and Obama Lied")
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To: trublu

You left out a few things:

Free contraceptives, and then free abortions if they forgot to take their contraceptives.

Free cell phones

College loan forgiveness

California voted to keep the $500 million/ month payments from Washington to CA to keep their pension system afloat. Don’t count on us getting any of that back

Food stamps


17 posted on 11/09/2012 5:27:19 PM PST by Sir Clancelot
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To: Sub-Driver

They are already getting tax increases.

Taxes are due to go up in January when the Bush cuts expire.


18 posted on 11/09/2012 5:30:46 PM PST by xzins (Retired Army Chaplain and Proud of It! True supporters of our troops pray for their victory!)
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To: Sub-Driver

since when, in this country, did a majority vote get to decide how much of someone else’s wealth to confiscate? Have we forgotten about individual sovereignty and private property? Quite frankly, 99% of the people have no say in how much taxes the 1% pay, no say whatsoever... it’s call theft where I grew up.


19 posted on 11/09/2012 5:30:55 PM PST by FunkyZero (... I've got a Grand Piano to prop up my mortal remains)
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To: Sub-Driver

20 posted on 11/09/2012 5:35:32 PM PST by Brandonmark (OWCM is The new American Minority!)
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