Posted on 03/02/2015 12:21:41 PM PST by jazusamo
White House Press Secretary Josh Earnest confirmed Monday that President Obama is "very interested" in the idea of raising taxes through unitlateral executive action.
"The president certainly has not indicated any reticence in using his executive authority to try and advance an agenda that benefits middle class Americans," Earnest said in response to a question about Sen. Bernie Sanders (I-VT) calling on Obama to raise more than $100 billion in taxes through IRS executive action.
"Now I don't want to leave you with the impression that there is some imminent announcement, there is not, at least that I know of," Earnest continued. "But the president has asked his team to examine the array of executive authorities that are available to him to try to make progress on his goals. So I am not in a position to talk in any detail at this point, but the president is very interested in this avenue generally," Earnest finished.
Sanders sent a letter to Treasury Secretary Jack Lew Friday identifying a number of executive actions he believes the IRS could take, without any input from Congress, that would close loopholes currently used by corporations. In the past, IRS lawyers have been hesitant to use executive actions to raise significant amounts of revenue, but that same calculation has change in other federal agencies since Obama became president.
Obama's preferred option would be for Congress to pass a corporate tax hike that would fund liberal infrastructure projects like mass transit. But if Congress fails to do as Obama wishes, just as Congress has failed to pass the immigration reforms that Obama prefers, Obama could take actions unilaterally instead. This past November, for example, Obama gave work permits, Social Security Numbers, and drivers licenses to approximately 4 million illegal immigrants.
Those immigration actions, according to the Congressional Budget Office, will raise federal deficits by $8.8 billion over the next ten years .
The list, Ping
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Read the Constitution, Bozo!
That is common knowledge.
Why not. Nobody will stop him.
Next stop, ALL guns.
I hate this son-of-a-bitch.
Oh, I’m sure there is some loophole, and judges bought and paid for who would side with the leftists.
It’s sickening what congress won’t stop.
True, except that it is now abundantly clear that there are no cajones in Congress to stop him.
Well, Hell—the Usurper first stated that there were a lot of things he wanted to do ... so then there was short period he waited, but after no challenges from the GOP-e to this trial balloon, he just started doing them.
And after GOP-e throat clearing and harrumphing, and more harrumphing, and nothing done in regards to plainly unconstitutional actions of the executive branch actually passing laws and exercising the power-of-the-purse, as well as nothing done to hold Holder, Koskinen, Lerner, Clapper & Co. responsible for their lies and malfeasance, and on-and-on ...
Q: What’s to prevent him from confiscating savings accounts, 401Ks, IRAs, retirment accounts, etc.—which basically is what raising taxes by executive fiat entails?
(Keep in mind that socialists don’t actually fail until they run out of other people’s money.)
Answer: Nothing, certainly not the GOP-e’s circumspect, moderate and quite politic Brave Sir Robins.
Taxation without Representation?
Where have we seen that before?
Constitutional scholar, my hindquarters. We learned where taxing authority was vested in Civics class.
In fact, he should just appoint himself King, by Executive Action.
Aint like anyone's gonna stop him.
You have NOT been paying attention.
5.56mm
Reparations by EO
I am VERY INTERESTED in having him removed for office...and circulation...in the Free world
I couldn't agree more.
He's very much a usurper.
Problem is, not enough people care about it or are even educated enough in the history to know about it.
I’m very interested in seeing my tax money used to keep Princess Barry in prison for the rest of his life.
Our government just had a record year in tax revenues and it’s still not enough for these oxygen thieves in congress. Please tell me again how raising taxes will fix everything.
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