With President Barack Obama running very optimistically for re-election, watch out for what he says, and may do, on taxes if he is re-elected in November.
You may be sure Obama is not proposing to raise taxes on "you." But he has gone on the offensive, proposing taxes on "somebody else," the "rich."
In a rousing speech Tuesday to about 5,000 of his supporters in Florida, an important swing state, Obama told an audience in Boca Raton:
"Look, I want folks to get rich in this country, I think it's wonderful when people are successful. That's part of the American dream."
Then he said: "But understand, the share of our national income going to the top 1 percent has climbed to levels we haven't seen since the 1920s.
"The folks who are benefiting from this are paying taxes at one of the lowest rates in 50 years."
So Obama seems to be eager to raise taxes on some taxpayers. It's rare for any presidential candidate to run for election by proposing tax increases. But Obama seems rather confident these days. He says "nobody loves paying taxes," but he's certainly not supporting any kind of tax relief.
Republican Mitt Romney responded: "President Obama is the first president in history to openly campaign for re-election on a platform of higher taxes.
"He has already raised taxes on millions of Americans, but he won't stop there. He wants to raise taxes on millions more by taxing small businesses and job creators."
Are you encouraged by Obama's obvious optimism and his high-tax policy?
Do you believe you would be better off with Obama raising taxes on some people? Or do you believe that Romney is more reasonable, saying that any tax increases would be "job killing" and a form of class warfare?
How do you believe the 2012 presidential election will affect your personal taxes and our economy over the next four years?
This pathological liar of a president, obastard, is at it again with his class warfare hatred speech. If his stupid Buffet rule passes, which it will not because many democrats will not support it either, it would only raise 1/10th of 1 percent of all the money spent by the government in the next ten years. The negative impact on the economy that obastard has already ruined will be astronomical. Obastard the pathological liar will not tell you the following facts. The wealthiest 1% of wage earners in America, those making over $370,000.00 per year and make only 20% of the income in America are paying 40% of all the taxes. The top 10% of wage earners in America pay 70% of all the taxes. The bottom 50% of wage earners pay 0% taxes but they consume most of the resources in America. Obastard gives those an earned income tax credit check which equals about 59 billion dollars every year. So how is it the wealthy are considered greedy? It seems to me the people that do not pay any taxes are the greedy ones Obastard is turning into a hate filled, entitlement minded populace.
Obamination needs every Demoncrat, Socialist, Lieberal vote he can get. Envy and greed are common denominators of this crowd. They voted for him the last time and will for the most part vote for him again.
I see Obamination's class warfare as a sign that he has lost the independent voter and is just trying to not go down in history as the biggest loser.
To try to paint Obama as a "tax and spend liberal" is a strategy doomed to fail, because for one thing, it's nothing but a huge lie.
Beneath all of the Republican and Tea Party grumbling about taxes, one key fact continues to be ignored. According to the Tax Policy Center, Federal taxes are lower than at any time since 1955. Obama has now reduced taxes by more than any president since Dwight D. Eisenhower.
The president's policy on raising taxes on high income individuals is grounded in an issue of fairness, something polls show the vast majority of Americans agree with.
Of all taxes? Now Jones, you know that's not true. Nor is it true that the bottom 50% pay 0% taxes.
You're overreaching with your statements again, not even bothering to qualify it as "income taxes" or "federl income taxes" which would be somewhat closer to accurate. You've been corrected on this before, but it never seems to register in your brain.
Who's the pathological liar here? I'd say it's the person who doesn't bother to even try to get facts correct, or control hyperbole.
Let me ask you another question, since you left it out, what's the total income of that bottom 50%? What's the per capital income? How much do you intend to tax them? You are complaining that they're not paying, so obviously you do intend to make them pay. But what? How much? Give us a figure instead of your outrage.
And what's the actual population breakdown of that 50%? How many are disabled? Retired Senior Citizens? Students just out of college or high school?
I won't even bother asking where you get the idea that they consume most of the resources in America. You're probably just making that up based on some bogus statistical interpretation.
The Wall Street Journal ran an article yesterday concerning Obamination's wish to tax millionaires at a 30% rate. This would bring in about 5 billion to a projected budget deficit of 1.2 trillion. They did the math and it came to less than 1/2 of 1% of this 1.2 trillion budget deficit. This is chump change and is of trivial help in reducing this 1.2 trillion deficit.
Notice that Obamination did not propose this when his Demoncrats had the control of Congress.
Being a life long republican all i have to say about the man who got Bin Laden is 'WHO'S YO DADDY'
The earned income tax credit was passed in 1975 after President Ford consulted with 14-year-old Obama.
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