Posted on 09/07/2010 5:24:53 PM PDT by truthandlife
President Obama will rule out on Wednesday any compromise that would extend the Bush-era tax cuts for the wealthy beyond this year, officials said, adding a populist twist to an election-season economic package that is otherwise designed to entice support from big businesses and their Republican allies. Related
Mr. Obama’s opposition to allowing the high-end tax cuts to remain in place for even another year or two would be the signal many Congressional Democrats have been awaiting as they prepare for a showdown with Republicans on the issue and ends speculation that the White House might be open to an extension. Democrats say only the president can rally wavering lawmakers who, amid the party’s weakened poll numbers, feel increasingly vulnerable to Republican attacks if they let the top rates lapse at the end of this year as scheduled.
(Excerpt) Read more at nytimes.com ...
Obama is at the point where he’ll do ANYTHING the Congress tells him to do.
I will have to read up on the latest definition of "rich" I guess -this class system absurdity voiced by dear leader 0zero grows boringly irrelevant...
“Wealthy” being anyone with a job.
As always, his nose in the air looking down on us plebes.
More importantly he should cutoff Michele's trips to the ice cream parlor. She's definitely not living up to her weight loss program she's forcing on us and our kid's.
Have you seen the 'backyard' on this woman lately? Um..um..um!!!
Their next beach house might look like an aircraft carrier.
Game over.
You can pretty much call the Democrat party dead for the next 30 years. When they come askin who killed it, they will point to Obama and curse his name.
More power to the death of that party.
“Mr. Obama’s opposition to allowing the high-end tax cuts to remain in place for even another year or two would be the signal many Congressional Democrats have been awaiting as they prepare for a showdown with Republicans on the issue and ends speculation that the White House might be open to an extension. Democrats say only the president can rally wavering lawmakers who, amid the party’s weakened poll numbers, feel increasingly vulnerable to Republican attacks if they let the top rates lapse at the end of this year as scheduled”
Death wish...
“But by proposing to extend the rates for the 98 percent of households with income below $250,000 for couples and $200,000 for individuals — and insisting that federal income tax rates in 2011 go back to their pre-2001 levels for income above those cutoffs — he intends to cast the issue as a choice between supporting the middle class or giving breaks to the wealthy.”
“Small” business, unemployment death wish.
“Mr. Obama’s language will be partisan as he seeks to sharpen the contrasts between Republicans’ record and efforts by Democrats to create more jobs, aides said.”
Yep...that’s worked so well thus far.
He really is going to be a 1 termer. Going to be funny as heck watch 0 try to explain to the average blue collar Democrat voter why he raised their taxes $2000+.
At some point even the media whores have to realize that the Bush era cuts were not "tax cuts for the wealthy" but tax cuts for EVERYONE
The White House waved off suggestions that President Obama will draw a line in the sand Wednesday by refusing to extend tax cuts for the wealthy, but did not outright deny that is the president's intention during an economic speech in Cleveland..
We need to follow through, have a plane ready.
We need to Demonize their Leadership after they refuse to sign on to such a plan. Bring little kids to the Capital asking for their lunch, and show Chuck Shummer eating at some restaurant.
“Tax cuts for the wealthy” is their favorite phrase because the definition of wealthy is never fixed. Who is considered wealthy? Algore had a great one a while back. He claimed that anyone who makes 250K per year for 4 years is a millionaire. No accounting for expenses and taxes.
This time, they are defining the “wealthy” as anyone with a paycheck.
We need pictures of Old Folks buying and eating dog food too.
This will happen naturally which is why Obama’s policies continue to hurt those that earn less than $250K the most. It is getting really bad out there and this will make it worse.
Yes, and this is being judged by Barry (aka Barack) Hussein Soetoro (aka Obama), who has never worked in the private sector, never run a business of his own, and never managed any sort of ongoing viable enterprise. He is not be qualified to push a hot dog cart, but thinks he knows better than the millions that have made their own way and lived the American Dream.
FUBO
As an aside, I was in my local dry cleaners the other day. The owner was complaining he had to fire his only two employees and had to replace them with out of work family members. One was his son that had to be pulled out of college. The owner's comments mirrored yours.
Let’s see Obama is attacking Arizona legally when they are in need of assistance for the very thing he is attacking them for.
TWO of his economic advisors that have since quit have advised him to let the so called wealthy get tax breaks and he won’t bend. He is an idealogue moronic idiot. The so called wealthy people are the ones that create and make jobs.
Bush was an OUTSTANDING POTUS. This moron Obama could not govern his way out of a paper bag.
TWO of his economic adviser's that have since quit have advised him to let the so called wealthy get tax breaks and he won't bend. He is an idealogue moronic idiot. The so called wealthy people are the ones that create and make jobs.
Bush was an OUTSTANDING POTUS. This moron Obama could not govern his way out of a paper bag.
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