Obama Drops the Hammer and Vows to Kill the Bush Tax Cuts for the Rich
32 replies, posted
[quote]President Obama sent the message today through Robert Gibbs on CNN that he plans to kill the Bush tax cuts for the wealthy.
[I]CROWLEY: Do you think the president will do anything other than veto a bill that would keep those Bush tax cuts for everyone intact?
GIBBS: We should protect the tax cuts for the middle-class, and we should let tax cuts for millionaires and billionaires expire.
CROWLEY: Even though recovery is not that great, and people say don’t take money out of this economy, it is not the time for a tax hike, you would go ahead and do it for those making $250,000 and above.
GIBBS: We ought to do something about this deficit, and we ought to protect middle class tax cuts, and the best way to do that is to let the upper-end tax cuts expire, let the wealthy in this country that had been doing fine for years and years and years begin to pay their fair share, and make sure that we protect the tax rate that middle-class families have had for the past many years.
CROWLEY: So the president is totally committed to getting rid of the tax cut for those making $250,000 and above.
GIBBS: Let’s make some progress on our spending by doing away with tax cuts for people who quite frankly don’t need them, tax cuts that have not worked, and have them pay their fair share.
CROWLEY: So is that a yes or a no? The president is completely committed to this, he won’t allow it to happen?
GIBBS: He is 100 percent committed to it.[/I]
The point of Robert Gibbs putting this out there today was to get the conversation started. President Obama should be salivating over the possibility of making Mitt Romney defend his unpopular position of lowering taxes for the wealthy.
Numerous polls have shown that support for raising taxes on the wealthy cuts across party lines. As much as Republicans don’t want to talk about it, the Mitt Romney tax plan is radical upward redistribution of wealth. If Republicans gain full control of the federal government they intend to lower taxing on the wealthy while increasing them on the middle class and poor.
The Bush tax cuts are going to be a major issue of the General Election campaign. Even though 74% of Americans support killing the Bush tax cuts for the wealthy, there are seven Democratic Senators who are actually siding with Republicans on extending the tax cuts for those who need them least.
Obama has had great political success campaigning against the Bush tax cuts, and the comments by Robert Gibbs suggest that the president is getting ready to make the rich paying their fair share a central point of his reelection campaign. It will be interesting to see how the Republican nominee, who is one of those wealthy people who don’t pay their fair share, explains why he and his ilk don’t have to do their part.
The political dynamics have changed. Obama has tamed the toothless Republican tiger, and if he wins reelection there will be nothing stopping him from killing the Bush tax cuts for the wealthy.[/quote]
[url=http://www.politicususa.com/obama-drops-hammer-vows-kill-bush-tax-cuts-rich.html]Source[/url]
Then again, Obama has promised a lot of things.
hey here's an idea
close the loopholes first
This would be awesome if it would actually some to fruition.
Romney will probably get elected now... Why couldn't Obama wait to announce this plan after he was President again?
[QUOTE=plokoon9619;36686270]Romney will probably get elected now... Why couldn't Obama wait to announce this plan after he was President again?[/QUOTE]
I don't think many of people against taxing the wealthy were going to be pro-Obama before this.
[QUOTE=plokoon9619;36686270]Romney will probably get elected now... Why couldn't Obama wait to announce this plan after he was President again?[/QUOTE]
Maybe because it's something that 99% of the country should be in favor of...? The only excuse for them existing at this point is "job creators" bullshit from Fox News.
[QUOTE=Mingebox;36686314]I don't think many of people against taxing the wealthy were going to be pro-Obama before this.[/QUOTE]
Corporations will twist the stupid majority to their side claiming Obama will increase Taxes after he gets rid of Bush's tax. Now hes just made enemies with powerful people.
[QUOTE=plokoon9619;36686357]Corporations will twist the stupid majority to their side claiming Obama will increase Taxes after he gets rid of Bush's tax. Now hes just made enemies with powerful people.[/QUOTE]
fyi the massive corporations who will be "upset" about this announcement were already endorsing romney
this is just like when people were saying it was ok for him to have such a weak stance on gay marriage because there was a threat of people "on the fence" not voting for him because of it (this was before he made his announcement on gay marriage btw)
[QUOTE=usaokay;36686368]but how will they pay for their servants and three carribbean islands?[/QUOTE]
sorry bro but im pretty sure people that make 250k cant afford any of that
Nice one brobama
[QUOTE=NightmareXx;36686449]sorry bro but im pretty sure people that make 250k cant afford any of that[/QUOTE]
2nd hand servants and caribbean islands.
more like the hammer and sickle, SOBama
obama is a gay noob if i ever see him in black ops i will trash his garbage ass
[highlight](User was banned for this post ("Shit post" - Craptasket))[/highlight]
[QUOTE=Snakebob;36686771]obama is a gay noob if i ever see him in black ops i will trash his garbage ass[/QUOTE]
You are something special.
[QUOTE=Snakebob;36686771]obama is a gay noob if i ever see him in black ops i will trash his garbage ass[/QUOTE]
lol yeah right obama is very good at the mlg pro 360 noscope
[QUOTE=Snakebob;36686771]obama is a gay noob if i ever see him in black ops i will trash his garbage ass[/QUOTE]
You think the President of the United States still plays Black Ops?
he'd definitely have moved on to MW3, if not BF3, fail again scrub
[QUOTE=Snakebob;36686771]obama is a gay noob if i ever see him in black ops i will trash his garbage ass[/QUOTE]
I'm not really sure if this is a troll...or just plain retarded.
[QUOTE=CrispexOps;36687046]I'm not really sure if this is a troll...or just plain retarded.[/QUOTE]
Or 10 years old.
[QUOTE=CrispexOps;36687046]I'm not really sure if this is a troll...or just plain retarded.[/QUOTE]
The same now goes for you.
First page derailed to the president playing Call of Duty, [B]fuck[/B].
[QUOTE=littlefoot;36687185]First page derailed to the president playing Call of Duty, [B]fuck[/B].[/QUOTE]
The president is actually more of an RTS guy. His Terran micro is pretty sick.
But right now, he's working on his macro. Gotta get that economy rolling. Romney is about to four-gate him and he's going to need all the minerals he can get.
About fucking time.
He should end the Bush tax cuts period.
I feel as if Obama is only saying this so he can get re-elected.
[QUOTE=Daniel Smith;36688059]I feel as if Obama is only saying this so he can get re-elected.[/QUOTE]
No shit sherlock.
Didn't he make this promise in 2008?? And then he extended them?
[QUOTE=Mingebox;36686314]I don't think many of people against taxing the wealthy were going to be pro-Obama before this.[/QUOTE]
The tax cuts also helped middle and lower class people as well, not just the rich.
[QUOTE=plokoon9619;36686270]Romney will probably get elected now... Why couldn't Obama wait to announce this plan after he was President again?[/QUOTE]
Because at this point most people already know who they are going to vote for and they have already known for years. Now, the candidates are just trying to grab as many on-the-fence moderates as they can by announcing possibly controversial claims.
Obama said that before and look what happened. The Republicans will find another opportunity to hold the entire country and force us to permanently enshrine Bush's handouts for the rich into law.
I wonder if he'll do this like he closed gitmo--
Oh wait
[QUOTE=V12US;36687275]The president is actually more of an RTS guy. His Terran micro is pretty sick.
But right now, he's working on his macro. Gotta get that economy rolling. Romney is about to four-gate him and he's going to need all the minerals he can get.[/QUOTE]
Macro and Starcraft 2? That's fucking rich. That's like telling a blonde joke at an Albino convension...
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