By caving.
Just ignore it.
Here’s a suggestion — point out that the money is going to be pissed away of feel good programs.
While the bridges on Federal highways are crumbling into rust.
The final definition of “wealthy” by the kenyan and his flying monkeys will include all of us who are in the solidly diminishing middle class and will exclude the top 1% who are mostly his donors and supporters. Barring that, there will be carve outs for the political elite and connected.
Oprah, Buffett, Soros will not see any increases, only us.
FUBO, FAD, down with the democrat party.
Finding and supporting tax cuts that people do understand.
We should eliminate the (excise tax?) which is effectively a VAT we impose on manufacturing. Every factory worker in the country understands that. 3 times per year he’s doing inventory on every physical object in the building right down to the smallest screw.
They tax the ore, they tax the refined metal, they tax the screw. Its a job killer.
A tax focused on media moguls and banksters, he would be sure to veto. Then he would have to explain why. Perhaps he would make free-market arguments to justify it.
Again, every FReeper who hasn't yet should read Luigi Zingales's book A Capitalism for the People. Zingales is an Italian who fled crony capitalism in his homeland for the better version here back when our version of capitalism was clearly better, is a professor at the University of Chicago's Booth School of Business -- remember in academic economics, unlike most other domains, the good-guys are from Chicago -- and had his ideas cited favorably, to his surprise and delight, by Sarah Palin before he publish his own popularization of them.
This is nothing but vote buying on a galactic scale. Chicago socialist politics on steroids.
From what I have read of this proposal many Middle Middle Class and Upper Middle Class families will be affected by this proposal especially the inheritance laws portion. Thanks to inflation over my lifetime most items of tangible value, real estate, collectibles, cash, bank accounts etc. have swelled.
However the definitions that were established in the 1950’s and 1960’s and probably before that set a standard of what rich was and middle class etc. Because of that most people today who are working are making wages/salaries that in the 1950’s would have been considered ‘millionaire’ territory.
My father as an example in 1955 made $75.00 a month as a Navy petty officer and was married besides. My mother and he lived off of that in the D.C. area. Today? Well you need a wage/salary $664 per month to equal that amount. So... how many people today can live off of $664 a month in the D.C. area?
Inflation plus tax laws have driven us all into territory our parents would never have imagined. This additional set of Tax laws will just add on to that making the pile higher and deeper and filled with more B.S.
Easy, publically ridicule 0bama and his "proposal" frequently, and not let his bill get to the House floor.
Done.
5.56mm
Simple, ignore it and move on to other issues. Obama knows that with a Republican controlled Congress that this will not go through. He is just trying to control the conversation. Do not let him. Ignore it and talk about what the Republicans want to do.
Obama knows that none of these proposals will ever see the light of day.
The Democrat party realizes that middle class voters were responsible for the stunning Republican victory in 2014 and are desperately trying to find a way to position the Democrats as being on the side of the regular working guy for the next election. “Republicans would rather give tax cuts to billionaires than fund community college for deserving students and give tax breaks to the Middle Class”.
Obama’s plan basically can be summarized as “From each according to their ability, to each according to their needs.” I wonder if this concept has ever been tried before, and if so how it went? Perhaps the Republicans could look into it and share what they discover with voters.
Continue to pass conservative, restorative legislation.
File articles of impeachment.
But the z0mbie proof 0b0ts only can see what's been promised to be placed in their hand, not the pit they are marching towards.
Obama started his Presidency with a million Middle Class speeches , is he going to end it the same way ?
They fight it by explaining that it’s not “tax the rich”...
The dems want to further tax the hard-working, productive, successful members of society; the people who open new businesses, expand existing businesses, pay the bulk of the taxes already and create vast numbers of jobs in the process. The GOP needs to hammer these points.
The GOP also needs to explain how other countries with fewer taxes and regulations lure away American jobs.
If the GOP can’t explain these concepts, then they lose.
Bad news.
Whether or not Obama gets to rob the productive sectors of the economy (again), this is what Fauxchahontas will be running on in 2016.
Democrats: Masters of the politics of envy and division.
Taxes on the rich - on businessmen and capitalists - are an assault on capital, savings and investment which cause:
(1) lower demand for capital goods relative to consumers' goods and
(2) reduced incentive to improve production and
(3) lower demand for labor
The result of conditions of (1) and (2) is lower productivity of labor, which leads to lower real wage rates for the average worker.
The result of condition (3) is lower money wage rates for the average worker.
Thus, taxes on the rich are overwhelmingly borne by the average wage earners in the form of both lower real wage rates and lower money wage rates. So, if one wants to destroy the average standard of living of wage earners, and increase the inequality between the rich and the middle class, then increasing taxes is the way to go.
The truth is that wage earners always end up bearing the major burden of taxes. They bear the burden whether the taxes are levied on them directly in the form of consumption taxes, sales taxes, or income taxes, or they are levied on businessmen and capitalists in the form of confiscatory taxes on profits, inheritances, income, or a tax on the product. These taxes reduce wage earners' spendable income if it takes the form of an additional income tax they must pay. It reduces their buying power of their incomes if it as an additional sales tax. And, it reduces the demand for labor, and thus the wage earners' pretax incomes, if it is an additional tax in the “rich”. The wage earner simply cannot escape the burden of the tax no matter how much liberals, who hate the good for being the good and have a resentment against achievement want to punish the rich.
This is a ridiculous question. The assumption is that the GOPe has any desire to "fight" Obama's tax proposals. If they did want to fight for the middle class it would be easy. Long ago they could have said, no more illegals. Do your job, Mr. President, build that fence, defend US sovereignty, and treat the invaders appropriately. Absolutely no social security or tax benefits for anyone in this country illegally. They could have repealed the largest tax burden Obama has placed on US citizens and defunded Obamacare. Since they haven't done any of this, I believe it is futile to imagine them wanting to "fight" Obama on anything.