Posted on 03/19/2009 5:51:17 AM PDT by Free America52
President Obama told Californians during a campaign-style town hall meeting on Wednesday that rich people can afford to pay higher taxes in selling his budget plan as an investment in the nation's future.
Mr. Obama pushed back on people who say he is overtaxing the nation, saying his tax increases on families earning $250,000 or more a year are reverting to the tax system under former President Bill Clinton. The president added he will pay higher taxes himself as a result.
"These folks can afford it. They were rich back in the '90s," he said. "It's not like suddenly they're going to have to go to the poorhouse. But what that does is it allows us to pay for health care reform for a lot of people."
Going after a line of attack Republicans have used against him, Mr. Obama insisted, "I don't think that's unreasonable. I don't think that's socialism.
(Excerpt) Read more at washingtontimes.com ...
Obama and his mob of moochers should be run out of town.
It is an abomination for the government to target a particular segment of its population. Totally nuts. A segment guilty of nothing more than contributing the most to our prosperity.
These folks can afford it. They were rich back in the ‘90s,” he said. “It’s not like suddenly they’re going to have to go to the poorhouse.
Oh crap this guy really is an idiot isn’t he? Doesn’t even realize that the stock market has lost over 30 percent in the past few months. Doesn’trealize that companies allover the land are folding up and going out of business....
“rich people can afford to pay higher taxes”
And it takes longer to starve a fat man to death but at the end he’s just as dead.
Oh, he will have higher taxes too huh?
Says the guy in public housing, jetting around in taxpayer funded luxury.
You're taking money from people to pay for the care of others. It's practically the definition of the term.
______________________
Idiot. What was NASDAQ in the beginning of the 90’s and after the .com industry went poof.
Instead, they'll all be re-elected
Typical Marxist and hater of small businessmen. Add capitalism to his hate list.
Yes, LOSERS.
This can only appeal to losers who have no ambition or hope of ever accomplishing more than they are now.
Ditto with the proposal to limit all income to $500,000 per year.
A tax that is not uniformly applied is a violation of Article 2 of the Constitution...but that mold old document is of no matter to this SOB.
He realizes it. His audience doesn’t understand and doesn’t care. It’s class warfare and it’s the key to his political success.
Simple liberal marxism. Sounds good does not work. The definition of Obama.
But the unemployed will have "free" DMV/IRS caliber health insurance and the government clowns who caused the mess will wave to them as the get chauffered to their private jet for a fact finding mission to Aruba.
Sure, “the rich” can afford to pay more taxes. They’ll just let go of their cleaning woman and their gardner, who can then go on welfare
...Sounds too simple, doesn’t it?
The rich will try to stay rich by what?
Cutting spending.
More lost jobs, less capital in the system, longer recession.
“Tax the rich, till there are rich no more”
“Tell me where is sanity”
Alvin Lee - Ten Years After
I bet Warren Buffet will unload on Obama soon.
“To each according to there need, from each according to their ability” Marx, Karl not Harpo
I give up, what does your tagline say?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.