President Obama goes on the offensive, prepares to slam Republicans

Originally posted by JackBauer
This is how the media had it planned all along. If the republicans don't agree to higher taxes, when the financial collapse comes the media literally has a bomb to drop on the GOP. They'll blame the situation on the fact that republicans didn't raise taxes and like the sheep people are, they'll believe it. A majority of the media in this country is pro-democrat.

The fiscal cliff is actually part of the solution. Everyone in washington talks about spending cuts but have we actually seen any? No. Printing money is not a get out of jail free card, it's just another way to default. Interest rates have to rise. If a bank fails, they have to fail. Right now i think republicans should just agree to a democratic plan and then duck for cover. At least they can say they agreed to a democratic plan and this is where it got you.

edit on 11/12/2012 by JackBauer because: (no reason given)

Originally posted by TheAngryFarm

Originally posted by muse7

REPORT: Obama Prepares To 'Barn-Storm' The Country, Slamming Republicans, If They Don't Cut A Fiscal cliff deal

One scenario the official discussed included the president barn-storming the country, telling the public that Democrats will put forward a bill to restore middle class tax cuts as soon as Congress convenes, and calling on them to pressure Republican congressional leaders to stop holding those tax cuts hostage in exchange for tax cuts for wealthier Americans.

So basically the deal is: Before January 1, Obama tries to get the GOP to freeze middle class taxes, and let upper-class (above $250K) taxes go back to pre-Bush levels. The GOP doesn't want to do this, and wants all the taxes to be held down together. This is a major sticking point. But they all go up on Jan. 1, and then the plan is for Obama to hector the GOP into just cutting middle class ones.

Source

Less than a week into his second term and Obama is already looking more aggressive than he ever was in his first term. Looks like he won't let Republicans have their way this time around, and he's prepared pressure Republicans into raising taxes on the wealthy.

Asking millionaires and billionaires to pay a little bit more is reasonable. In fact, it's horrible that they're fighting to avoid paying their fair share when the middle class is hurting--and when these same Republicans scream on and on about the horrors of the national debt.

Give those Republicans hell!

edit on 11/11/2012 by muse7 because: (no reason given)

The "wealthy" already pay more than their fair share.

When will the bottom 50% begin paying theirs?

Originally posted by prostheticmind

I don't see any fairness in making someone who is more successful give the government more of their earnings than someone who is less successful.

That just further de-incentivizes people to work hard and strive for greatness. Why should I try to become part of the middle class when my tax situation will just get more bleak than it is already?

Originally posted by Aloysius the Gaul

Originally posted by prostheticmind

I don't see any fairness in making someone who is more successful give the government more of their earnings than someone who is less successful.

By more do you mean more absolute, or a higher %?

so if you pay, say $5,000 in taxes on say $30,000, then should someone on say $60,000 pay $5,000 also (earning twice as much and pay exactly the same tax), or should they pay $10,000 (earning twice as much = pay twice as much tax)?

That just further de-incentivizes people to work hard and strive for greatness. Why should I try to become part of the middle class when my tax situation will just get more bleak than it is already?

I don't think this is a serious position - your tax position at $100k income is not "more bleak" than at $50k - you are still getting a lot more money in yuor hand each week - not twice as much under a progressive tax regime, but you'd have to be an idiot to refuse to work at a higher salary.

Also of course many of the very rich get income from investments, and these are taxed at a much LOWER rate than income tax - hence the richest end up witha lower % tax burden.

edit on 12-11-2012 by Aloysius the Gaul because: (no reason given)

Originally posted by Unity_99
I agree that middle class needs to be frozen and the wealthy should be taxed heavily, but not unfairly. And especially corporations, in addition, there should be appropriate monies added to those who think they can export jobs and companies overseas and rape third world economies. There should be no profits or rewards for doing such a thing.

edit on 12-11-2012 by Unity_99 because: (no reason given)

Guy making $3 Billion/yr pays 15%
Working stiff making $50,000 pays 30%
Yeah, that's fair alright.