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 ...
I can’t agree with the notion of “mongrels,” they are just people; that has racial overtones.
What IS different is that many, most(?) have less appreciation and history for the Judeo-Christian values and ethics that our nation was founded upon. It is cultural, not racial. And it has been eroded. I don’t know if we can recover.
It is certainly my opinion that those who desire to immigrate legally, take citizenship classes, and wait and sacrifice to get here would tend to be far better Americans than those who don’t.
Why doesn’t he address the problem by making his entitlement class pay more?
Perhaps if he focused (again, like a laser), he could re create a America where everyone was at work again and the entitled could have trades, careers, jobs and a expectation of a greater future instead of being trapped on the welfare farm ....
Dear obama, nobama... what a POS!
...and, yet, the majority of people wanted the GOP to control the House (the purse strings)
Schedule C section 179 deduction will be reduced from $139,000 to $25,000 in 2013. That’s what Boehner is talking about.
For many in the top 2%, paying taxes is ‘voluntary’ as in they can decide whether or not to take profits now or in the future. Four years flew by, and if one can, they can maintain a ‘slow roll’ mode until the storm passes.
Dumb question: the “adjusted gross income” in this sense applies to married individual returns only or to corporate returns?
I am nowhere near a rich American, but when the screwing comes down I am sure I will get my share.
When Obama finish’s we will all be screwed.
Cloward-Pliven
They need look no further than Central America; they still have capitalism down there, and would appreciate some capital in their economies.
250K does NOT go very far in SF, LA, NYC, DC, etc. at all...O’s support is obviously concentrated in the “gimme some more free stuff” crowd.....
Sorry to anyone offended.
The majority always seems to agree with taking someone else’s hard-earned money for their own use. Taxpayers are slaves to the slothful deadbeats.
Scorched earth time.
Also, it refers to those who come into America and deliberately ignore and destroy our principles. This is “mongrelization”, destroying our ideals, thus, our culture.
“flood America with 3rd world mongrels,”
Mongrels? That is disgusting.
.
Oh come on! You forget the other half of Obamanomics - crony capitalism. Friends of "The Won" get special treatment.
Wolf: “Hey, what’s that lamb pulling out of his shaggy wool?! YIKES! IT’S A .357!!!
OK, we’ll have a chef’s salad!!!”
There. Fixed it;))
Defund him Boehner, you RINO coward.
Or are you happy that he’s holding your head in the toilet?
This is sickening, especially knowing that surrender is virtually certain.
prepared to hear the definition of wealth change throughout the next 4 years,,for now it’s based on income,,,then it’s homeowners,,then it’s people who have a nest egg/retirement,,,then it’s people who own cars,,and people who own property,,,,,etc
Get ready
Yet, he'll meet Ahmadinejad with no preconditions.
You are 100% correct on that. Then combine your list with Napolitano’s list of potential terrorists and ‘the enemy’ will be defined so that it can be isolated and targeted.
What is disgusting is that we allow these people into the country. They live and act like animals. They turn cities into war zones. That’s what I mean by “mongrels.” It’s an unwanted animal. You have a problem with that?
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