Posted on 10/29/2011 8:54:56 AM PDT by tobyhill
President Obama says millionaires are ready to dig into their pockets and pay higher taxes.
The commander in chief pushed his $447 billion jobs bill during his weekly radio and internet address on Saturday, which would be paid for by an added tax on Americans who make at least $1 million a year.
These are the same folks who have seen their incomes go up so much, said Obama. I believe this is a contribution they re willing to make.
He cited a new report by the Congressional Budget Office as evidence that the plan to create construction projects and tax breaks for employers is critical to stimulate job growth.
The report found that average after-tax income for the top 1 percent of households increased by a whopping 275% over the past 30 years. In contrast, middle-income households saw just a 40% increase, while the bottom tier saw an 18% jump.
(Excerpt) Read more at nydailynews.com ...
Nothing is stopping them from digging into their pockets and hiring employees themselves.
Hey, Mr. Millionaire! Want to hire me to put all your correspondence and Very Deep Thoughts into grammatically-correct prose that makes sense, too?
I don't have a problem with that if they want to donate their cash, it's their prerogative.
Just as long as they keep their hands out of my pocket!!!!
Same-old same-old Lib buzz words...
I don’t believe one word of his statement.
His buddy Buffett is spending thousands of dollars on lawyers & accountants to avoid paying what the IRS says he owes. Some reports have the amount owed to over a BILLION dollars, with penalties & interest included.
When I win the Lottery, I will pay what I owe, but I will NOT be paying more voluntarily!!!!
Scr*w Obama, and his socialist spending bill.
Just say no.
It's peculiar that 0bama thinks that $200,000 is plenty for ANY family to live on......while he is taking in a BASE salary of $400,000 + expenses.
Last week, didn’t I see Obama’s income was 1.8 million?
As in millionaire and billionaire?...
The millionaires who support Obama’s tax hike are the Cronies who still would be exempt from paying taxes.
It is cheaper for them to buy politicians.

And we pay for his housing, meals, transportation, etc. Why does he need a salary at all?
His speak doesn't match his action does it.
Didn’t the idiot kenyan mean that those millionaires who ass kiss him every day because they are libs morons?
A duel rate system does not need to be complicated. You could have two sets of tax tables: one for the current (with Bush tax cut) and one for the proposed (sans Bush tax cut, or whatever other rise is suggested). Just as you can tick a box for contributions to campaign funding, you can tick a box that says you will be using the second (higher) tax table.
All other tax law and forms would remain unchanged. Except for the tax amount pulled from the tables, all calculations would remain unchanged. Anyone could tick that box, there would be no penalty for not ticking it. Gates, Buffet, and all those other billionaires could pay to the hearts content. Indeed anybody who wanted to pay extra could. The idea is hardly original but is certainly easy to implement.
If you wanted to add complexity, you could add boxes that would direct your extra tax payment to, the jobs plan, debt reduction, or general government.
Pelosi and pals all willing to pay mo taxes to create green jobs
Like in Solyndra etc
Oh wait, their relatives and cronies are getting all those green jobs!
Thanks tobyhill.
I wish whichever one of owebama’s handlers that is in charge of programming his speech centers would input some new words so he stops repeating the same tripe ad nauseum.
If that’s true, Barry should be putting the money they give him at his “fundraisers” into the U.S. Treasury and not into his “campaign war chest”. Turn over the checks Barry!!!
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