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Obama: more tax revenue
needed to address U.S. deficit -CBS

Reuters, by Staff

Original Article

Posted By:NorthernDog, 2/3/2013 5:15:10 PM

WASHINGTON - President Barack Obama said on Sunday more tax revenue would be needed in the coming years to reduce the U.S. deficit but raising tax rates was not a key issue. "I don´t think the issue right now is raising rates," Obama said in an interview on CBS. "There is no doubt we need additional revenue, coupled with smart spending reductions in order to bring down our deficit. And we can do it in a gradual way so that it doesn´t have a huge impact," he said. At the beginning of the year Obama pushed through legislation

Like a parasite, he always wants more, more, more.


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Reply 1 - Posted by: Doc Obiwan, 2/3/2013 5:18:18 PM     (No. 9156255)

The only thing socialists know.

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Reply 2 - Posted by: whyyeseyec, 2/3/2013 5:22:13 PM     (No. 9156261)

Slow learner.....

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Reply 3 - Posted by: krause, 2/3/2013 5:53:27 PM     (No. 9156296)

What he´s saying is....´We really don´t know how to manage an organization, so we need to keep asking for more money.´

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Reply 4 - Posted by: nigella, 2/3/2013 5:58:16 PM     (No. 9156303)

Revenue is code for TAX!

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Reply 5 - Posted by: Bpl40, 2/3/2013 6:08:02 PM     (No. 9156314)

It is now obvious that dramatic increase in Medicaid spending driven by 0bamacare is the key culprit. Zippy and the ´Rats - aided by the sycophantic MSM will go to any extent to prevent the public dialogue on this issue to come to this point.

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Reply 6 - Posted by: grounded, 2/3/2013 6:17:58 PM     (No. 9156320)

There is a way to get more "revenue" Skippy. Get the federal government´s foot off the neck of the economic producers so that they might expand the economy thereby creating more jobs, read taxpayers, who will enrich the treasury as a consequence. It worked in the 80s when tax revenues doubled. Disabuse yourself of the cockeyed notion that the economy is some sort of zero sum game and let the rising tide lift all boats, to coin a phrase.

Your bottom up, middle out approach is failing miserably.

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Reply 7 - Posted by: Mr. Hanky, 2/3/2013 6:20:19 PM     (No. 9156325)

In other words...

More money needs to be taken from taxpayers for the government to spend...aka redistribution.

In the meantime, the Obama Administration is going to do all it can to punish the productive and strangle the economy with regulations.

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Reply 8 - Posted by: nonsense, 2/3/2013 6:22:06 PM     (No. 9156327)

So what is Dear Leader willing to cut, other than the military?

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Reply 9 - Posted by: attymitch, 2/3/2013 6:24:36 PM     (No. 9156331)

Attymitch: less Obama needed to address U.S. deficit-Lucianne.Com

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Reply 10 - Posted by: tonyl, 2/3/2013 6:36:37 PM     (No. 9156341)

A deficit he created.

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Reply 11 - Posted by: MMC, 2/3/2013 7:02:06 PM     (No. 9156365)

Well, if we can cut military breakfast for active duty military- lets cut free breakfast for school children.

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Reply 12 - Posted by: BaseballFan, 2/3/2013 7:19:01 PM     (No. 9156377)

Defund Air Force 1 !

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Reply 13 - Posted by: Hugh Akston, 2/3/2013 7:35:21 PM     (No. 9156391)

No ____ Sherlock. Too bad you won´t consider lowering tax rates to increase business activity and increase tax receipts through growth while at the same time reducing spending.

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Reply 14 - Posted by: snapper451, 2/3/2013 7:42:24 PM     (No. 9156399)

Not worried about jobs though, now that the election is over. Time for the Tea Party to rise up to oppose this crap. Go away Mr. Rove!

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Reply 15 - Posted by: Coy860, 2/3/2013 7:46:44 PM     (No. 9156403)

The parasite is killing the host.
Obama is addicted to our money.

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Reply 16 - Posted by: Udanja99, 2/3/2013 8:02:37 PM     (No. 9156411)

Because he has already spent all of that new revenue from the fiscal cliff deal.

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Reply 17 - Posted by: Japanorama, 2/3/2013 8:02:53 PM     (No. 9156413)

Soon your salary will go directly to Washington, D.C., and what´s left will be forwarded to you, eventually.

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Reply 18 - Posted by: WilliamTell, 2/3/2013 8:06:21 PM     (No. 9156421)

Oh, oh.... is he running out of other peoples money???? What and alpha Hotel.

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Reply 19 - Posted by: lakerman1, 2/3/2013 8:18:43 PM     (No. 9156438)

White House staffers are in tax arrears iin the amount of several million dollars.
So a good starting point would be for them to pay what they owe.

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Reply 20 - Posted by: KTWO, 2/3/2013 8:34:47 PM     (No. 9156458)

There isn´t enough money on Earth to satisfy our federal government.

If Washington gets more it will spend more. For years they have not fixed any deficit problems, entitlement problems, or passed a budget.

Nearly every quasi-federal entity is also losing money in huge amounts. Post Office, student loans, etc. The loan guarantees are immense.

Off the books liabilities, such as pensions, are ignored. They are not considered in the deficit or debt.

Even with a reform it would take two years just to install honest accounting.

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Reply 21 - Posted by: hamrman, 2/3/2013 8:36:32 PM     (No. 9156463)

Please decode this idiotbot...no more taxes, revenue, stipends, or anything else, We the People are tapped OUT...moron!

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Reply 22 - Posted by: Mr. Know-It-All, 2/3/2013 8:58:21 PM     (No. 9156496)

How long until a VAT is seriously proposed?

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Reply 23 - Posted by: Bobn.T, 2/3/2013 9:00:35 PM     (No. 9156504)

We need to do more taxing so we can do more spending.

Tax, spend, tax, spend...

We have an idiot in the WH and we have idiots in Congress.

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Reply 24 - Posted by: obdurate, 2/3/2013 9:24:19 PM     (No. 9156548)

mo´ money, mo´money be needed

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Reply 25 - Posted by: veritas, 2/3/2013 9:47:15 PM     (No. 9156579)

Uhhh, no.

Just cut spending.

How? Well, start by limiting the Federal Gov´t to its Constitutionally-authorized activities.

#15: Consider: a parasite lives off the host. A disease kills it.

#22: As an insightful poster noted some time back, we effectively have a VAT in the corporate income tax. Quite a good point. Quite true as a practical matter.

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Reply 26 - Posted by: Charactercounts, 2/3/2013 10:00:06 PM     (No. 9156597)

OP, a parasite often kills the host.

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Reply 27 - Posted by: DaBigGuy, 2/3/2013 10:38:10 PM     (No. 9156633)

The first smart spending reduction should be Zippy´s salary.

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Reply 28 - Posted by: LanieLou, 2/3/2013 11:03:29 PM     (No. 9156659)

If these were normal times, across the board budget cuts would be executed, like 5% per yr., until the books are balanced.

If these were normal times, killers in Chicago would get mandatory sentences instead of 93% getting probation.

Welcome to Agenda 21 on warp speed. Marxism & Sharia Law have elements in common... No usury; no individual ownership & on & on...

Poster #7 is not far off... In addition to taxes & SSI, expect health insurance to be deducted from your pay.

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Reply 29 - Posted by: stablemoney, 2/3/2013 11:37:49 PM     (No. 9156698)

Who wants to see or hear this ugly idiot on Super Bowl Sunday?

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Reply 30 - Posted by: Salt5792, 2/3/2013 11:46:14 PM     (No. 9156707)

To Obama and the Dems, 100% is the only correct marginal tax rate. That´s what they are working toward.

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Reply 31 - Posted by: eorsc, 2/4/2013 2:48:38 AM     (No. 9156789)

Make Oblabo give his speeches from the oval office. He takes away hot breakfasts from the military and then flies to Vegas to give a speech. I´m torqued!

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Reply 32 - Posted by: pgvoisin, 2/4/2013 6:22:23 AM     (No. 9156867)

What about cutting government waste?
What about cutting government corruption?
What about cutting government programs that do not work?

Is Obama saying that there is none of that going on?

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Reply 33 - Posted by: sgtfox of the jarhead clan, 2/4/2013 10:30:09 AM     (No. 9157345)

Poor old Washington has a really bad case of worms. He eats like a pig always hungry for more, more ,more yet he´s getting so thin you can count his ribs. He needs to be wormed or we will have to put him down. It´s depressing to hear the constant whining to ´feed me more´. He has already eaten everything in sight except Grandfathers Social security check. Sadly we may have to take him out back and shoot him.

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