President Obama has reiterated his call for high earners in the US to pay more in taxes, in his first news conference since winning re-election. He called for quick legislation to rule out tax rises on the first 250.000 dollars of income, but refused to extend cuts for the wealthiest 2%. “We should not hold the middle class hostage while we debate tax cuts for the wealthy,” Mr Obama said. The US faces an end-of-year “fiscal cliff” of spending cuts and tax rises. The fiscal cliff would see the George W Bush-era tax cuts expire
Comments: Don´t you love the way he thinks he knows best? /s I´d like to know what his idea of ´modest´ is.
Since he claimed that renewing the Bush tax rates would "cost" $1 trillion, I take that to mean that his idea of a "modest" tax increase is $1 trillion. Apparently he is still into the choom, and some pretty potent stuff at that.
If Bob Obama gets his tax increase on the wealthy, after a few months he´ll say it wasn´t enough, and now they´ll have to increase the taxes on the middle class. And once the camel´s nose is under the tent, the rest of the camel is soon to follow.
Hey, he´s already told us revenue is immaterial. The idea is to hit "the wealthy."
Period. It´s impossible for "the wealthy" to get without "taking" from the noble, deserving, oppressed poor. Or so it goes in the alternate universe of the Left.
We have got to stop seeing Obama as "another politician," further Left than most. We have got to stop responding and engaging as though this is just "more politics. We have got to fight, tooth and nail, 24/7, no quarter. We have got to get this mind-set in place right now.
I am totally at fear to even recognize this, but a monumentous meltdown of the economy and/or a major terror attack on our soil appears to maybe the only thing to wake up the idiots who voted for this moron.
Seriously, BO and his entire admin. has zero clue regarding economics or even basic math.
I get it tax the producers and pay it back to the takers. Yea that is it...now the economy is going to soar.
When Obama caved on the Bush tax cuts a couple years ago,he got one hell of a backlash from his base,that´s why he´s sticking so hard to it now.Calling it the "Bush tax cut for the rich"really inflames the left and they´ll all rally around getting rid of them till the cows come home. Obama won´t accept another kind of tax increase because he specially wants to nail Bush´s.
Then the left has the gall to run around and say the rich don´t pay their fair share when every pie chart shows they pay the overwhelming portion of income taxes.
We´re always told raising cigarette taxes is to help people quit,yet 1 in 5 people in this country still smoke.
Our kids make 250,000 on a W-2. But they get lumped into the millionaires and billionaires. They are thinking life sucks. They aren´t able to hide income, or at least take advantage of tax rules. And because they are rich the homestead deduction is gone and they can´t claim their kids. When the gov´t comes for the top 10% instead of the top 2%, know that is $60,000 and up.
The wealthy will ride him out.They will sell this year and figure ways to delay compensation. There will be a lot of people making 249000. The problem that he has is how to keep his breeding farms in the cities as tax revenues decline.He will print money and make our dolllar worthless.
And, as the wealthy squirrel away their wealth or wave bye bye as they exit the country, and take their industries that provided jobs, with them, obama continues to swirl down the toilet of really bad ideas. Should we be studying what happened in rhodesia for a road map of what obama has in mind for the USA?
If you need revenue, you´ll get more by moving everyone back to the Clinton tax rates. As President Obama has said, everyone should have skin in the game. And Medicare and Social Security are losing money each year, so the Payroll Tax Holiday must end. And more money will come in from the Obamacare taxes. With all those taxes, even Obama ought to be able to cut spending until there is no deficit. For 4 years Obama has claimed there is no link between taxes and economic health. Let run the experiment and find out. If the country crashes, we´ll reinstate the Bush rates permanently.
7. On the U.S. war with Iraq: “If there is a country that has committed unspeakable atrocities in the world, it is the United States of America. They don’t care for human beings.” Via cbsnews.com 6. On Israel: “Israel should withdraw from all the areas which it won from the Arabs in 1967, and in particular Israel should withdraw completely from the Golan Heights, from south Lebanon and from the West Bank.” Via jweekly.com 5. On the U.S. war with Iraq: “All that (Mr. Bush) wants is Iraqi oil.” Via cbsnews.com 4. Mandela on Castro and the Cuban revolution: “From its earliest days, the Cuban Revolution has also been a
In February, the Bush family’s personal emails were hacked by Guccifer, a hacker who uncovered photographs of former President George H. W. Bush in a hospital bed and George W. Bush’s oil paintings in the process. It seems Guccifer has struck again, this time targeting former President Bill Clinton and the Clinton Library. The hacker has reportedly uncovered doodles of Clinton drawing on what were, at the time, classified documents. Among the doodles is apparently a picture of a penis. The document uncovered is a briefing of the strategic measures the United States could take prior Clinton’s decision to intervene in
A witness in the case of the murder of Venezuelan Ambassador Olga Fonseca in Kenya 2012 told a court in Nairobi on Wednesday that the diplomatic mission would use the diplomatic bag for drug-trafficking purposes. "I am aware that the embassy was used to traffic drugs using the diplomatic bag," said former embassy driver Kevin Lameck, AFP reported. Fonseca, aged 57, was found strangled to death in her residence in Nairobi in July 2012. Seven people have been accused in the case, including Dwight Sagaray, the then first secretary of the embassy. Lameck´s statement was issued during cross-examination by Sagarya´s defense Lawyer Katwa Kigen.
A group of 25 people identified as members of Colombian rebel National Liberation Army (ELN) evicted some 150 people out of a tourist resort south Táchira state, specifically in La Espuma town, southwest Venezuela, local press reported. According to newspaper El Diario de Los Andes, the troops carried rifles and were dressed in military uniforms. They kicked people out of their rooms. They asked for the owner´s location and ordered people to leave, saying "this is ours now." El Diario de Los Andes informed the guerrilla group gave inhabitants until Monday to leave town, claiming it was now under the ELN´s control. Based
Socialism: Venezuela´s President Nicolas Maduro unveiled his big plan for socialism Monday night, just as a blackout engulfed the country. Sure, it´s comical. But it´s less so upon realizing that California may see the same thing. The downward slide in Caracas is becoming more of a cautionary tale than just a freak show of Stalinist communist throwbacks run wild. In California, energy officials warn that the state and others like it face a catastrophic collapse of its power grid due to the many green energy schemes that have made managing energy flow difficult. "Energy officials worry a lot these days
Looting and robbing spread to several areas of the Argentine city of Cordoba on Tuesday evening and night following a walkout from the police in the midst of a conflict over pay and other benefits. The Supermarkets association has anticipated its members will not open their stores on Wednesday unless police forces are back patrolling the streets of Argentina´s third largest city which is also an important manufacturing pole. Television film showed mostly youngsters breaking into supermarkets and robbing food, drinks and electronics, while the stores were defenseless. Women could also be seen.
ZAGREB, CROATIA – A majority of Croatians voted in a referendum Sunday to ban gay marriages in what is a major victory for the Catholic Church-backed conservatives in the European Union´s newest nation. The state electoral commission, citing initial results, said 65 percent of those who voted answered "yes" to the referendum question: "Do you agree that marriage is matrimony between a man and a woman?" About 34 percent voted against. The result meant that Croatia´s constitution will be amended to ban same-sex marriage. The vote has deeply divided Croatia. Liberal groups have said the referendum´s question infringes on basic human rights. The
The question all week long was this: Who are you going to believe, an illegal alien or the president of the United States of America? Obviously, if it’s a president who once went by an alias, Barry Soetoro, you go with Uncle Omar, 100 percent, no questions asked. And so it was that the White House finally admitted to another, uh, misstatement — despite previous denials, Barack/Barry did sleep on his beloved Uncle Omar’s couch in Cambridge when he first moved here to attend Harvard Law School (speaking of which, we’re still waiting to see the president’s grades and his LSAT scores). But the
How do you get your arms around the catastrophe known as Obamacare? Is it even possible? At this point, I’m not sure it is. The list of individual disasters which threaten to ruin one-sixth of the U.S. economy and what has been, up until now, the best healthcare system in the world is exhaustive, and exhausting. The examples I will identify here barely scratch the surface. First but by no means foremost, we have the supposedly new and improved HealthCare.gov. Except it’s not, even the visible part. Stories still abound of people still failing to get in or to get through the enrollment
The National Highway Traffic Safety Administration has announced a new five-year strategic plan to improve safety for elderly drivers and passengers. Although they are statistically among the safest on the road, the number of older drivers is increasing dramatically — and with it, that group´s numbers of injuries and deaths. Since 2003, the population of older adults, defined as age 65 and older, has increased by 20% and the number of licensed older drivers increased by 21% to 35 million in 2012, according to NHTSA. Last year, NHTSA reported that 5,560 people older than 65 died and 214,000 were injured
A veteran Washington adviser who has worked for four Presidents on both sides of the political aisle said that the stunning Government Accountability Report report that found President Barack Obama has not had a one-on-one meeting with Health and Human Services Secretary Kathleen Sebelius since the passage of Obamacare over three years ago is an indictment of the entire White House operation and shows that the Obama administration has bordered on "malfeasance." "I have no doubt the White House is right, that Secretary Sebelius was in several group meetings with the president about health care," Gergen caveated, "but the whole
President Barack Obama’s Facebook page on Saturday posted a message honoring the dead from Pearl Harbor—accompanied by a picture of Obama descending the stairs next to the Pearl Harbor Memorial. The picture barely fits the name of the Arizona Memorial so it can frame Obama in the foreground. The post´s statement reads: Today, with solemn pride and reverence, let us remember those who fought and died at Pearl Harbor, acknowledge everyone who carried their legacy forward, and reaffirm our commitment to upholding the ideals for which they served. President Obama The Obama Administration´s current shipbuilding plan shrinks the size of
Barack Obama did not tell the whole story this autumn when he tried to make the case that Bashar al-Assad was responsible for the chemical weapons attack near Damascus on 21 August. In some instances, he omitted important intelligence, and in others he presented assumptions as facts. Most significant, he failed to acknowledge something known to the US intelligence community: that the Syrian army is not the only party in the country’s civil war with access to sarin, the nerve agent that a UN study concluded – without assessing responsibility – had been used in the rocket attack. In the months before the attack,
Dr. Ezekiel Emanuel, the hapless, goalpost-shifting so-called "architect" of Obamacare, told Fox News´ Chris Wallace on Fox News Sunday that President Barack Obama´s promise "if you like your doctor, you can keep your doctor" was absolutely true--with one important caveat: if you like your doctor, "you can pay for it." Wallace grilled Dr. Emanuel, challenging his false claims that California´s enrollment was keeping pace with the percentage of the young population necessary to keep the system afloat, and pointing out that the president´s promise on doctors would collapse once people lost their insurance or their