Obama Leaves Open Possibility Of Raising Taxes On Most Americans

[SevenEyedJeff]

http://bloomberg.com/apps/news?pid=20601057&sid=auTTvgeN294Y

Growth and Taxes

He left open the possibility he would have to raise taxes on most Americans to decrease the deficit if growth were too weak. He also indicated he might tax the most-expensive employer-provided benefits to help pay for his health-care revamp. Both would reverse pledges he made during the campaign.

“If we are growing at a robust rate, then we can pay for the government that we need without having to raise taxes,” Obama said. “If we’ve got anemic growth, if we don’t have a strategy for recovery without bubbles, which is essentially what we’ve had over the last couple of recovery cycles, then we’re going to continue to have problems.”

Yes, raising taxes on most Americans would make life so much easier. All to fund a government that we NEED.

 

[Mini-Me]

lulz.
Man, I must say, the near future sure is looking up.

 

[Indy Vidual]

"...Raising Taxes On Most Americans."

You mean we have to pay for the bailouts and freebies?

 

[ctiger2]

"If we are growing at a robust rate, then we can pay for the government that we need without having to raise taxes,” Obama said. “If we’ve got anemic growth, if we don’t have a strategy for recovery without bubbles, which is essentially what we’ve had over the last couple of recovery cycles, then we’re going to continue to have problems.”

How bout we stop FEDERAL GOVT SPENDING! Jeepers are these people dumb.

 

[RSLudlum]

Breaking News!!!! Obama admits he hates the human race!


Why doesn't this surprise me??

 

[devil21]

The tobacco tax was enough to equate with a broken campaign promise but this would be a complete destruction of his promise not to raise taxes on people making less than $250K/year.

We've heard this song and dance before. It was a Republican last time.

"Read my lips. No new taxes."

Yet people still want to argue with you when you point out that there isn't a dimes worth of difference between the Rs and Ds.

 

[Objectivist]

He could take 90% of Warren Buffett' and Bill Gates money and it would only end up being passed on to the rest of us in the form of higher prices to compensate for the taxes taken by the government. Who thinks that this will help the economy?

 

[tmosley]

I don't know about you guys, but I'm getting ready to go a'gultching.

 

[sluggo]

What's frightening is that I'm hearing more and more people suggest that increased taxation is a good thing. Love their welfare and entitlement programs, I guess.

They just can't seem to comprehend where the government's money comes from.

 

[Sarge]

That is his change you can believe in.

Taking every bit of change you have and then some. I really want to laugh at what the sheeple voted for here. You haven't seen anything yet, before they get done.

 

[Brian Defferding]

This shouldn't surprise anyone - he'll wait until the recession is over (whenever that will be) and will adjust certain taxes like Clinton did to start paying off the deficit.

The thing is, unlike the Clinton days, the deficit is much more massive than it was in the 90's - the Congressional Budget Office predicts that we'll be in perpetual debt of $1 Trillion every year for the next ten years. These are staggering numbers. One would have to raise a metric fuckton of taxes in order to pay that shit off in full.

AND, Obama is a true believer in government regulation and oversight of the economy, which can lead into various vast industries that can be prohibited from economic growth due to red tape. He's already revealed new plans to prop up failed businesses, something that to me seems to spell out economic disaster because it's anti-competitive, protectionist, anti-capitalist, and unleashes the potential for businesses to go apeshit with bad businesses practices and when the shit splatters they can just toss Uncle Sam the keys to their building at the cost of more taxpayer money.

 

[HOLLYWOOD]

Just a bit of Warning on the LAWYER 'LAPDOG Obama...

You have to listen very closely to his speeches... He's up to it again in that AMA hometown Chicago AMA Dog & Pony show for socialized medicine.

when he spoke of savings over the next DECADE will be $2 Trillion, in 2019 EQUIVALENT.

The slick SEMANTICS of the TROOPS vs. COMBAT TROOPS, continues...

Typical Manipulative Lying Lawyer that's a sellout to wealth and the financials.

 

[Sarge]

Can't dream this stuff up.

http://www.americanfreepress.net/html/tax_returns_181.html

Guess the tax perps must be contributing a lot to BO. Will not be able to file a tax return for a relative if no license.

 

[HOLLYWOOD]

Wonderful... Where's the breaking point, when are Americans going to stand up? Beware of ANY government that says, they are going to Protect You!

I have that George Carlin "THEY OWN YOU" speech going through my head.

"They(GOV) don't care, they don't care about you... about a system that threw them (US people) overboard, 30 F$%king years ago... "passively accepting these increasingly shittier jobs, at lower pay, reduced benefits and OT, and now they're coming for your retirement/savings. And, they'll get it, they'll get it ALL"

Fascist State is running on all cylinders and they're controlling everything before the people realize what has happened.

PS: the TELEPROMPTER clown is on the financial channels now... in the White House Gilded Golden East Room. Checkout the Chandeliers, Pedestals, and Curtains.

Can't dream this stuff up.

http://www.americanfreepress.net/html/tax_returns_181.html

Guess the tax perps must be contributing a lot to BO. Will not be able to file a tax return for a relative if no license.

 

[Sarge]

H,

I agree. Worse each day.

I just picked up on this on a trading site. All need to be aware if the domino's start falling.

The guy has been reliable.

"Today I'm in Estonia, a few hundred clicks from the Russian border, and my informal poll of the common folk tells me the economic situation here is accelerating to the downside. Latvia is even worse off, and this means swedish banks are in big trouble since they're heavily on the hook for the Baltics. Throw in Ukraine and its march towards chaos and bankruptcy and you have a lot of pressure on the euro.
Anyone remember when I said almost a month ago (euro was around 1.43) that the euro was in trouble? Well it seems that prediction has been panning out and it will probably get even worse."

Sometimes one can find out more from someone without an agenda.

 

[HOLLYWOOD]

Oh Obama just dissed RP in his push to increase powers of THE FED...

OBAMA:

On the Barney Frank, Chris Dodd, Shelby FED reforms...

"There are those that say, that we do not are go far enough... that we should scrap the system all together, and started over. I say that's a mistake..."

"There are also those who say that we go too far..." Blah Blah

This part of Barry's speech is right out of Barney Frank's mouth on Franks opening statement by the Financial Services Committee hearing w/ Bernake (which was a direct shot at Ron Paul) about our flawed financial system and some say we should scrap it and start over. It's not going to happen...we are staying with it."

I think it was Frank's speech on that infamous CNBC Mark Haynes/ Erin Burnett " This isn't going as plan" speech.

 

[Anti Federalist]

I don't know about you guys, but I'm getting ready to go a'gultching.

Gultching...lulz.

Yah, the Bug Out Bag is handy.

 

[ChaosControl]

He's trying to his hardest to break every single campaign promise he ever made.
Yet the idiotic public just lets it go. Seriously, I'd say Americans deserve this if I didn't have to suffer with the idiots who voted for this totalitarian.

 

[TGGRV]

He could take 90% of Warren Buffett' and Bill Gates money and it would only end up being passed on to the rest of us in the form of higher prices to compensate for the taxes taken by the government. Who thinks that this will help the economy?

It's amusing that people don't see this.

 

[HOLLYWOOD]

Quote:
Originally Posted by Objectivist
He could take 90% of Warren Buffett' and Bill Gates money and it would only end up being passed on to the rest of us in the form of higher prices to compensate for the taxes taken by the government. Who thinks that this will help the economy?

It's amusing that people don't see this.

Where's that video on the government costs to the people? Just like the FDIC and Sheila Blair ramping up all kinds of new and higher fees on Banks/Financials... who do you think is going to finally pay for those FEES and government imposed charges?

WE THE PEOPLE

But the Bunion head public just don't GET IT