Posted on 05/08/2008 6:06:06 PM PDT by Free ThinkerNY
By Amanda Carpenter
Thursday, May 8, 2008
Democratic presidential candidate Barack Obama flatly promised to raise taxes in a television interview Thursday afternoon.
“I will raise CEO taxes,” Obama told CNN’s Wolf Blitzer on “The Situation Room.”
“If you’re a CEO in this country you’ll probably pay more taxes,” Obama said. Obama speculated his CEO tax rates “won’t be prohibitively high, you’ll pay roughly what you did in the 90’s when they were doing fine.”
Obama also said he would eliminate the Bush tax cuts and install what he called a “middle class tax cut.”
Blitzer asked Obama to define “middle class.”
Obama replied, “You know, I think the definitions are always a little bit rough” and said “if you’re making $100,000 a year or less, then you’re pretty solidly middle class…On the other hand, if you’re making more than $100,000 and certainly if you’re making more than $200,000 or $250,000, you’re doing pretty well.”
The CNN interview was the first one Obama has held since Tuesday’s primaries in Indiana and North Carolina. In it, the Illinois senator also discussed his judicial philosophy. Obama, who has delivered constitutional lectures at University of Chicago Law School, said he thought Justice Ruth Bader Ginsburg was “a very sensible judge.” He also hinted he would place special emphasis on civil rights protections when appointing Supreme Court judges if elected President.
“We’ve got to make sure civil liberties are protected,” Obama said. “Because oftentimes there are pressures placed on politicians to want to set civil liberties aside, especially at a time when we’ve had terrorist attacks. Making sure we maintain our separation of powers so that we don’t have a president who is takes over more and more power, I think those are all criteria by which I’d judge whether or not this is a good appointee.”
Thank you for posting. - bill
>>What is a CEO in Obamas mind?
Let me help: a CEO is a person in charge. Therefore, EVERY person in Congress is in charge plus they all make more than $100K. Let’s start with a 100% tax on them first.
Are you repenting and promising never to do it again?
The Pubbies were playing nice according to the traditional thought that the president gets to pick the judiciary that he wants, and the senate approves only on qualifications, not on ideology, because that’s what the presidential election was about.
The left, though, doesn’t play by “rules” or “traditions” when those rules don’t give them the results that they want. And they know that the only way they’ve gotten their ideology set into law is through the judiciary, so they were willing to do anything to keep control of that branch, even though they lost the presidential election twice.
There’s a bell curve of incomes (and incomes don’t necessarily correlate with wealth, but that’s WAY over bambi’s head), and there’s a point on the leftward slope and one on the rightward slope, between which could be called the “middle”.
This middle changes as the curve moves, and the curve moves generally rightward, where everyone is making more money.
If you keep the guide lines in the same place, it looks like the gap between the rich and poor is getting bigger, when it really hasn’t changed, the income curve just moved.
Bambi isn’t interested in gov’t revenue, he’s interested in using the tax system for “fairness” - ie, punishing those that succeed.
Yes, he’s a Marxist.
You have great faith. (Faith being belief in the absence of evidence - or contradicting the evidence, in this case)
No doc, it is called doing your due diligence and research and then looking at the actions of the man while in office. - take a pill.
> McCain's vote to confirm her is the way it is supposed to work
LOL! Then why have the fake vote at all?!?
Look, the way that McCain would have garnered my respect on this issue would have been for him to stand up in the Senate and say
“I will not vote for this lady to be seated on the bench, and these are my reasons!”
Like Jesse Helms did
Your concept is outright ... never mind. no disrespect intended
Obama: “I Will Raise Taxes.”
TLI: You are toast.......
The former governor of Texas Ann Richards ran against George W. Bush on that platform of starting an income tax in Texas.
It doesn’t really work well. Although his platform is more a class warfare tax, it really makes everyone other than liberals uneasy.
My son makes $100k. The average house in Nassau County is $500k plus with taxes of $7k/yr. Obama wants even more of his money?
Yes, Obama will make sure there are less Americans “doing well”, these are the people who create jobs and hire people who become middle class.
With less people “doing well”, there will also be less jobs and less middle class, and more underclass dependent on Obama.
It’s communism.
Obama is the great threat to this nation in its existence.
This ass hat has no clue what is happening. The only hedge many of us so called "solidly" middle class folks have against high prices is our real estate investment. Obama says he wants to raise the long term capital gains tax to 28% almost doubling the existing tax. Meaning he is doubling the tax on the middle class if we try to outright sell our real estate investment. This goes for all other investments subject to long term capital gains tax, as well.
The only bright spot in this worst election year I have ever seen....after 2 years of dems controlling the Hose, Senate and the Presidency there will be a landslide for the Republicans.
In his own words, behold American human waste, Osama Bin Obama.
“you’ll pay roughly what you did in the 90’s when they were doing fine.”
We entered 2000 with a recession. We weren’t doing that well in the 1990s throughout the decade.
There was an internet stock bubble that did make some people money. Until they realized tulips like Pets.com and sock puppets weren’t worth anything.
Executive order.
Lambchops, you ain't going to be President. Sit down and STFU!
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