Obama wants to raise taxes on the American people once again

[Flash]

It is not enough that the American people are already taxed to the hilt and that the filthy ass combined government already takes over 40% of the GNP for the cost of government but this piece of shit in the White House wants to once again raise taxes on the American people.

Yea, we really need more taxes now, don't we? The stupid idiots in the White House can't cut back on spending but they sure as hell can call for more taxes.

This is the type of bead government you get when you elect Democrats. Of course if history is any indication the Republicans will probably give him what he wants.

His stupid tax plan is taking money from Americans that earned the money and giving to Americans that didn't earn it while keeping spending and the tax burden at the already astronomical high. Stupid Libtardeconomics.

Obama to call for new tax increases in State of the Union address Fox News

Obama to call for new tax increases in State of the Union address

 

[jwoodie]

This is nothing more than another political stunt designed to paint the GOP as a party of the "rich." It is is what we get when we elect a two-bit politician from Chicago. Bad policy becomes good policy if it helps buy votes.

 

[theHawk]

Welfare recipients need that cash yo.

 

[Luddly Neddite]

Didn't read the link, didya? And you hope others don't either.

Aside from funding new tax credits including a tax credit for working families and expanding the child care tax credit ...

The centerpiece of the president's tax proposal is an increase in the capital gains and dividends rate on couples making more than $500,000 per year to 28 percent, the same level as under President Ronald Reagan. The top capital gains rate has already been raised from 15 percent to 23.8 percent during Obama's presidency....

Officials said the overwhelming impact of the change would be on the top 1 percent of income earners....

Officials said the fee is similar to a proposal from former Republican Rep. Dave Camp of Michigan, who led the tax-writing Ways and Means Committee. Camp's plan, however, was part of a larger proposal to lower the overall corporate income tax rate....

Obama wants to put the bulk of that money into a series of measures aimed at helping middle-class Americans. Among them:

--A credit of up to $500 for families in which both spouses work. The administration says 24 million couples would benefit from the proposal, which would apply to families with annual income up to $210,000.


--Expanding the child care tax credit to up to $3,000 per child under age 5. The administration says the proposal would help more than 5 million families with the cost of child care.


--Overhauling the education tax system by consolidating six provisions into two, a move that could cut taxes for 8.5 million families. Republicans have been open to the idea of consolidating education tax breaks.

 

[Stephanie]

I really don't know how he stands himself. So the SoU is going to be just another sermon campaign speech. in other words, another speech to not watch.

 

[Flash]

Didn't read the link, didya? And you hope others don't either.

Aside from funding new tax credits including a tax credit for working families and expanding the child care tax credit ...

The centerpiece of the president's tax proposal is an increase in the capital gains and dividends rate on couples making more than $500,000 per year to 28 percent, the same level as under President Ronald Reagan. The top capital gains rate has already been raised from 15 percent to 23.8 percent during Obama's presidency....

Officials said the overwhelming impact of the change would be on the top 1 percent of income earners....

Officials said the fee is similar to a proposal from former Republican Rep. Dave Camp of Michigan, who led the tax-writing Ways and Means Committee. Camp's plan, however, was part of a larger proposal to lower the overall corporate income tax rate....

Obama wants to put the bulk of that money into a series of measures aimed at helping middle-class Americans. Among them:

--A credit of up to $500 for families in which both spouses work. The administration says 24 million couples would benefit from the proposal, which would apply to families with annual income up to $210,000.


--Expanding the child care tax credit to up to $3,000 per child under age 5. The administration says the proposal would help more than 5 million families with the cost of child care.


--Overhauling the education tax system by consolidating six provisions into two, a move that could cut taxes for 8.5 million families. Republicans have been open to the idea of consolidating education tax breaks.

You didn't read what I wrote, did you? Pay better attention next time.

"His stupid tax plan is taking money from Americans that earned the money and giving to Americans that didn't earn it while keeping spending and the tax burden at the already astronomical high. Stupid Libtardeconomics."

If that shithead thought the middle class needed a tax break then he shouldn't have raised taxes to support Obamacare, should he?

This idea that the only way to "give the middle class a tax break" is to raise taxes on other people so that bloated government spending can stay at its astronomical high levels is nothing more than idiotic Libtard economics. The kind of economics that screws up our country.

Instead of raising taxes on other people to fund middle class tax breaks why not reduce spending? Don't you think that would be the much better thing to do or are you one of these idiots that thinks the government is spending its money wisely?

 

[Flash]

This is nothing more than another political stunt designed to paint the GOP as a party of the "rich." It is is what we get when we elect a two-bit politician from Chicago. Bad policy becomes good policy if it helps buy votes.

Don't be surprised if the Republicans go along with some or all of this stupid idea. After all those RINOs (after 2010) gave Obama his increased debt twice and voted for income tax and inheritance tax increases. They will give him more debt next year.

The Republicans are just as much a party of big government as the Democrats.

 

[Stephanie]

Someone on another site said Republicans should turn their back to him...

You think someone saying he lied during one caused heads to explode...lol

He's such a vile little man who spews nothing but hate at others

 

[Stephanie]

So? He's going after your inheritance again. What a wonderful Pres eh?

 

[Luddly Neddite]

So? He's going after your inheritance again. What a wonderful Pres eh?

Don't worry. Your trailer and govt cheese are safe.

 

[Flash]

So? He's going after your inheritance again. What a wonderful Pres eh?

Libtards love to take other people's money and use it for the welfare queens. It makes them feel special.

 

[CrusaderFrank]

Someone on another site said Republicans should turn their back to him...

You think someone saying he lied during one caused heads to explode...lol

He's such a vile little man who spews nothing but hate at others

I said that here. I said the Republicans should turn their back on the Imperial President, that's better than how Julius Caesar ended up

 

[The Rabbi]

Obama really does not understand that higher cap gains taxes produce lower revenue. If he really wanted to soal the rich he would lower the rate, not raise it. Its a stunt. Fortunately it's dead with this Congress.

 

[Flash]

Obama really does not understand that higher cap gains taxes produce lower revenue. If he really wanted to soal the rich he would lower the rate, not raise it. Its a stunt. Fortunately it's dead with this Congress.

Communists never understand that wealth is created through capital. They think wealth is created by taking money from one person that earned it and giving it to another person that didn't earn it.

Don't be so sure that this Congress won't give Obama what he wants. A Republican House gave him his last tax increase and twice gave him more debt.

The Republicans don't like to make waves. They think it makes seem to be unpopular or something. Either that or they have no backbone.

 

[Moonglow]

It is not enough that the American people are already taxed to the hilt and that the filthy ass combined government already takes over 40% of the GNP for the cost of government but this piece of shit in the White House wants to once again raise taxes on the American people.

Yea, we really need more taxes now, don't we? The stupid idiots in the White House can't cut back on spending but they sure as hell can call for more taxes.

This is the type of bead government you get when you elect Democrats. Of course if history is any indication the Republicans will probably give him what he wants.

His stupid tax plan is taking money from Americans that earned the money and giving to Americans that didn't earn it while keeping spending and the tax burden at the already astronomical high. Stupid Libtardeconomics.

Obama to call for new tax increases in State of the Union address Fox News

Obama to call for new tax increases in State of the Union address

So which is worse, raising taxes, or tax cuts producing deficits?

 

[Moonglow]

Obama really does not understand that higher cap gains taxes produce lower revenue. If he really wanted to soal the rich he would lower the rate, not raise it. Its a stunt. Fortunately it's dead with this Congress.

Communists never understand that wealth is created through capital. They think wealth is created by taking money from one person that earned it and giving it to another person that didn't earn it.

Don't be so sure that this Congress won't give Obama what he wants. A Republican House gave him his last tax increase and twice gave him more debt.

The Republicans don't like to make waves. They think it makes seem to be unpopular or something. Either that or they have no backbone.

Damn those Brits and their taxes, caused the colonies to rebel...

 

[Remodeling Maidiac]

Isn't the gop trying to raise gas taxes? How is that not just as bad?

 

[kiwiman127]

Why does the far right hate the Middle Class? I often wonder how many of the haters of the Middle Class are Middle Class themselves.
Over thirty years of flat wage growth and that's OK with some.
In a economy driven that is over 70% by consumer spending and the working Middle Class is the largest segment of the consumer class. This hurts the stability of the US economy. But hey, that's alright.

 

[kiwiman127]

Isn't the gop trying to raise gas taxes? How is that not just as bad?

Considering our highways are ranked in the mid to high thirties world wide, how are we going to make our highway system competitive on the world stage? Bad highways hurt our businesses competitiveness with other developed countries. Plus our highways are becoming more dangerous as we rank 37th in highways safely re: deaths per capita.

 

[The Rabbi]

Why does the far right hate the Middle Class? I often wonder how many of the haters of the Middle Class are Middle Class themselves.
Over thirty years of flat wage growth and that's OK with some.
In a economy driven that is over 70% by consumer spending and the working Middle Class is the largest segment of the consumer class. This hurts the stability of the US economy. But hey, that's alright.

Og geez, not this shit again. Seventy percent blahblahblah.
Demand side economics has been the biggest failure every time it's been tried. Supply side economics has succeeded every time.
Do the math.