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View Full Version : Obama Doubles Down on Taxing The Rich.....



MMC
01-25-2012, 02:26 AM
WASHINGTON (Reuters) - President Barack Obama used his last State of the Union speech before the November election to paint himself as the champion of the middle class, by demanding higher taxes for millionaires and tight reins on Wall Street.

He proposed sweeping changes in the tax code and new remedies for the U.S. housing crisis, setting as a central campaign theme a populist call for greater economic fairness.

He mentioned taxes 34 times and jobs 32 times during his hour-long speech, emphasizing the two issues at the heart of this year's presidential campaign.

Standing before a joint session of Congress, Obama unleashed a partisan attack over taxes and vowed no return to "the days when Wall Street was allowed to play by its own set of rules."

"No feature of the Obama presidency has been sadder than its constant efforts to divide us, to curry favor with some Americans by castigating others," Indiana Governor Mitch Daniels said in the Republican response to Obama.

The U.S. unemployment rate was 8.5 percent in December. No president in the modern era has won re-election with the rate that high.....snip~

http://news.yahoo.com/obama-focus-tax-inequality-state-union-003951771.html

MMC
01-25-2012, 02:35 AM
http://l.yimg.com/cv/ip/ap/default/120124/giffords.jpg
Gabrielle Giffords steals the spotlight (http://att.my.yahoo.com/_ylt=AjlPd4hr388R_QCqRFm_43CmN3wV;_ylu=X3oDMTI0OHE yczM2BGNwb3MDNARpbnRsA3VzBHBrZwNpZC0xNDEzMDgwBHBrZ 3YDMTMEcG9zAzIEc2VjA2F0dHRkLWZlYXQEc2xrA3RpdGxl/RV=1/RE=1327573628/RH=YXR0Lm15LnlhaG9vLmNvbQ--/RO=2/RU=aHR0cDovL25ld3MueWFob28uY29tL2Jsb2dzL3RpY2tldC9 zb3R1LWJyaW5ncy1lbW90aW9uYWwtYmlwYXJ0aXNhbi1mYXJld 2VsbC1nYWJyaWVsbGUtZ2lmZm9yZHMtMDUxNTE0NTg0Lmh0bWw-/RS=%5EADAFNc5aeoP_a5jgDMouDOpH1M3XyA-)

Listed as Goodbye Eclipses Politics......

http://news.yahoo.com/blogs/ticket/sotu-brings-emotional-bipartisan-farewell-gabrielle-giffords-051514584.html

2 hour Presidential Speech.....and according to the World of Media. Saying Goodbye to Giffords was the Highlight of the Speech. That this was the most important thing going on. After a year of trapsing around the Country when she should have been recovering. Now she is done so she can focus on that rehab. Got it!

Looks like the Demos want some Sympathy.....So Play them the Rolling Stones Song!

Conley
01-25-2012, 10:05 AM
Great, more empty rhetoric about saving the middle class. If people are going to keep up with this class warfare idea, I don't think it's the rich that are being attacked, I think it's the middle class. Anyhow, there's no way more taxes are going to do anything to help with job creation. If anything it'll just end up that the middle class just ends up paying more like it has been in the past. Maybe I should put this in the rants section but it seems the middle class is getting screwed from both ends. You've got the rich who can get away with paying 15% and then you've got the whole half of the US who don't pay anything and end up being supported by those in the middle.

MMC
01-25-2012, 01:48 PM
Mitch Daniels gave the response for the Repubs.....clearly pointing out how Obama has been dividing the nation and not pulling it together.

Nothing changed in Washington other than Obama spending more money!

Conley
01-25-2012, 01:53 PM
Mitch Daniels gave the response for the Repubs.....clearly pointing out how Obama has been dividing the nation and not pulling it together.

Nothing changed in Washington other than Obama spending more money!

And Washington spending more is not a change at all! :angry:

waltky
10-25-2012, 08:51 PM
Granny says, "Dat's right, let `em expire so's dey gets to know what it's like fer the rest of us...
:cool2:
Poll: Let tax rates for wealthy expire
WASHINGTON, Oct. 25,`12 (UPI) -- A majority of small-business owners say raising taxes on the top 2 percent of taxpayers is the right thing to do, a Small Business Majority poll indicated.


The poll, released Thursday, also indicated nearly six in 10 thought government can play an effective role in helping small businesses thrive. A key argument for keeping a series of tax rate cuts enacted during George W. Bush's presidency is the claim that most small businesses file as individuals and would be impacted by increases in the individual tax rate -- a claim the organization says its polling shows is misguided.

While most respondents, 54 percent, report their business income is passed through to their personal taxes, only 5 percent reported having total income above $250,000, Small Business Majority said. A majority said the most important task for Congress and the president next year was developing a plan to create more jobs, the poll indicated.

Nine in 10 small business owners said they favor eliminating tax breaks given for moving production aboard and support incentives to return manufacturing to the United States. Seventy-two percent off small-business owners said they favor eliminating loopholes that favor large corporations. A majority said it would like to see tax breaks for gas and oil companies removed and support building on tax incentives that encourage clean-energy investment.

Finally, 48 percent of business owners said they were doing alright, 27 said they were doing well or very well, and 24 percent said their business is not doing well. Small Business Majority said 47 percent of the small-business owners identified themselves as Republicans and 35 percent said they were Democrats. Results are based on a telephone poll of 500 small-business owners conducted Sept. 27-Oct.12. The margin of error is 4.4 percentage points.

Read more: http://www.upi.com/Business_News/2012/10/25/Poll-Let-tax-rates-for-wealthy-expire/UPI-13241351178797/#ixzz2AMiGT26y

Peter1469
10-25-2012, 09:05 PM
Most people would say raise taxes on them, just not me. That is how democracies die.