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Millionaire tax called 'class warfare' but..... - 9/18/2011 2:27:45 PM

Lucylastic

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Millionaire tax sought by Obama is panned by GOP as 'class warfare'
Republican leaders accuse President Obama of trying to incite class warfare by proposing the 'Buffett rule' -- a new tax on people making $1 million or more.
more here
http://www.latimes.com/news/nationworld/nation/sc-dc-tax-millionaires-20110919-9,0,2351238.story
I also notice Ryan likes the part of the job plan that lets the jobless work for nothing...
seems totally fair to me.

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RE: Millionaire tax called 'class warfare' but..... - 9/18/2011 3:54:55 PM

Aylee

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Since no one else has responded, Lucy, here is an opinion article from Mr. Reynolds from last month with some tax suggestions:

http://washingtonexaminer.com/opinion/columnists/2011/08/sunday-reflection-why-gop-should-give-obama-higher-taxes-he-wants

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RE: Millionaire tax called 'class warfare' but..... - 9/18/2011 10:30:02 PM

erieangel

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Taxing the wealthy is class warfare. But taxing the poor and middle class and eliminating their safety nets is somehow "shared sacrifice". Yeah, I love how that works. Just goes to show what side of the "war" Ryan is on.

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RE: Millionaire tax called 'class warfare' but..... - 9/19/2011 12:56:23 AM

JTreyL

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They can afford it, I am not to sympathetic. Normally I give longer more eloquent political answers than this, but, a tax hike is not gonna force them out on the streets or drive them down to middle class. Most of their wealth is in stock and company assets anyway.

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RE: Millionaire tax called 'class warfare' but..... - 9/19/2011 1:03:42 AM

Masta808

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Class Warfare is only Warfare if the other class fights back. Instead we have rich president going against his own people to defend the poor. In other words, the president hates his own kind.

edit

Besides it only Class Warfare when the rich is being taxes not the middle class. As Republicans pointed out.

Paul Ryan stated.

quote:

It looks like the President wants to move down the class warfare path. Class warfare will simply divide this country more, will attack job creators, divide people, and it doesn’t grow the economy.

GOP Memo

quote:

House Republicans are supportive of tax relief for working families and small businesses, but the temporary relief proposed by the President must not cause unforeseen harm to the economy 15 months from now and it shouldn’t be offset with permanent tax increases;

< Message edited by Masta808 -- 9/19/2011 1:43:51 AM >

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RE: Millionaire tax called 'class warfare' but..... - 9/19/2011 3:49:25 AM

Sanity

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The AP article is claiming (correctly) that this is merely a ploy by Obama to try to win back some of his base

quote:

WASHINGTON (AP) — President Barack Obama's proposal to reduce long-term deficits with $1.5 trillion in new taxes is less an opening bid in a negotiation than it is an opening salvo in a struggle to draw sharp contrasts with congressional Republicans.

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RE: Millionaire tax called 'class warfare' but..... - 9/19/2011 4:23:16 AM

Sanity

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The divider, doing what he does best in other words.

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RE: Millionaire tax called 'class warfare' but..... - 9/19/2011 4:25:21 AM

Sanity

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I love the Drudge spin on it...

quote:

$1,500,000,000,000 IN NEW TAXES

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RE: Millionaire tax called 'class warfare' but..... - 9/19/2011 5:39:25 AM

pahunkboy

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Class warfare?

hmm. yeah- why dont we start with hedge fund managers.

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RE: Millionaire tax called 'class warfare' but..... - 9/19/2011 6:37:07 AM

Sanity

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Remember Obamas "PASS THIS BILL NOW" dictate?

Very predictably, thats morphed into, "Pass this bill right after my next vacation..."

quote:

Obama's urgent jobs plan: Right now, 'right now' means sometime next month maybe

Full article here

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RE: Millionaire tax called 'class warfare' but..... - 9/19/2011 7:05:58 AM

Fellow

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I have learned: whatever Obama says has very little value. The most likely it is just for propaganda purposes to win back his voters. There are many examples for that. So, unless we see something happening, multiplying his words serves just as the talk was planned (propaganda).

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RE: Millionaire tax called 'class warfare' but..... - 9/19/2011 9:35:20 AM

willbeurdaddy

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Another campaign speech, nothing more.

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RE: Millionaire tax called 'class warfare' but..... - 9/19/2011 10:04:09 AM

pahunkboy

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hmmm-- some of us think the GOP will fix things.

GET REAL

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RE: Millionaire tax called 'class warfare' but..... - 9/19/2011 10:12:16 AM

servantforuse

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He always says that everyone should pay their fair share. That never includes the 50% of the population that pays NO federal income tax. Wouldn't it be fair for everyone to contribute something ?

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RE: Millionaire tax called 'class warfare' but..... - 9/19/2011 10:17:53 AM

YSG

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I find it funny that the class warfare label is given to rasing taxes on people who can afford it, but not to the GOP cutting Pell Grant funding...

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RE: Millionaire tax called 'class warfare' but..... - 9/19/2011 10:54:07 AM

Lucylastic

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Ryan, while backing a payroll tax hike, nevertheless said that tax hikes cannot be part of the deficit-cutting proposal that the super committee comes up with. As part of his explanation, Ryan made it clear that he sees no difference between raising taxes proactively and allowing tax breaks to expire. "You already have a $1.5 trillion tax increase coming in 2013," he said, referring to the expiration of the Bush tax cuts that were extended by President Obama for two years. Ryan's reference to the expiration as an "increase" gives greater weight to his willingness to let tax cuts for the middle class expire.

Yeah they are really looking after all their voters.....arent they??
sure they are, and Im nancy reagan, and those trickle down jobs are where?? they arent suddenly going to appear if you give them zero taxes to pay. what makes you think otherwise, Greed is the order of the day, its so obvious.

The repubs will fight this, and give out the message fuck the working joes, fuck the middle class:) " protect the rich, they HAVE the money....we dont need the working joes", *BUT dont you see, you are a working joe, dood*
Such ODS to the point of letting them annihilate your country, YAY republicans, working for you, working for your ................what?
oh happy days.
and you want more republicanism?
ooh thats SMRT(homer)

Thankyou for the link Aylee.

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RE: Millionaire tax called 'class warfare' but..... - 9/19/2011 11:10:09 AM

slvemike4u

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quote:

ORIGINAL: servantforuse

He always says that everyone should pay their fair share. That never includes the 50% of the population that pays NO federal income tax. Wouldn't it be fair for everyone to contribute something ?

And just what do you propose should be the fair rate for those who are having a hard time getting by ?
Only an idiot could respond to a call for higher rates by shifting the emphasis on to those who,by dint of having so little,do not earn enough to justify paying federal income tax.
Do you see a windfall coming from this group?

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RE: Millionaire tax called 'class warfare' but..... - 9/19/2011 11:52:16 AM

willbeurdaddy

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quote:

ORIGINAL: YSG

I find it funny that the class warfare label is given to rasing taxes on people who can afford it, but not to the GOP cutting Pell Grant funding...

I find it funny that libs think the Federal government should be involved in things like Pell Grants.

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RE: Millionaire tax called 'class warfare' but..... - 9/19/2011 11:53:10 AM

SternSkipper

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quote:

They can afford it, I am not to sympathetic. Normally I give longer more eloquent political answers than this, but, a tax hike is not gonna force them out on the streets or drive them down to middle class. Most of their wealth is in stock and company assets anyway.

I agree, I am also quite tired of hearing the historically dis-proven BS story about how we have to cut taxes if we want to see the rich create more jobs. We've had deep tax cuts in place since early in the last decade and we have LOST JOBS. Does that mean the tax cuts of the past decade were meaningless? Hardly, every time there is even a discussion of fucking with them, they freak out and start making threats about how much worse it will be.
I'd love to see em get a fair tax for a couple years and watch what the deficit really does.

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RE: Millionaire tax called 'class warfare' but..... - 9/19/2011 11:57:22 AM

willbeurdaddy

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quote:

ORIGINAL: SternSkipper

I agree, I am also quite tired of hearing the historically dis-proven BS story about how we have to cut taxes if we want to see the rich create more jobs. We've had deep tax cuts in place since early in the last decade and we have LOST JOBS.

Too bad they are not historicallly disproven. Quite the opposite. After all of the Bush tax cuts were in place tax revenues grew until the largely Dem inspired financial crisis hit. Every single tax cut, since Kennedy's at least, has led to more economic activity.

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