You are the real tax target
While the President is campaigning on “tax the rich” you need to understand that it is you, not the rich, that are the ultimate focus of the Democrat’s plan.
The “Buffet Rule” is a drop in the bucket. Even the Treasury Department expects it to raise only some $4.7 billion per year, compared to our annual deficits under President Obama of $1.3 trillion.
Listen to what Mayor Michael Bloomberg has to say about “taxing the rich”.
httpv://youtu.be/TGCpaA-Z6gM
And, were that not enough, listen to what Senator Charles Schumer (D. N.Y.) has to say about “taxing the rich”.
httpv://youtu.be/H1LyXIF8GCE
When you applaud “taxing the rich” because you are not “the rich”, you need to understand one thing. Taxing the rich is the Democrat’s version of “trickle down”, only in their version, it is not wealth that is trickling down, but rather higher tax rates that will trickle down, ultimately, to you.
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SoundOffSister, you hit the nail squarely on the head here.? All the class warfare- apart from being a distraction seems intent on ensuring that we expend our considerable budgets of outrage on the wealthy straw men that the government feigns its outrage over.? I see it as a plan to placate us before we get annihilated with the mother of all tax increases that enable the spend-aholics like our gub.mint desperately need to fill their addiction to money and power.
I did not put this in the post, but, please go back and listen to Senator Schumer again.? Is he proposing to take the $4.7 billion per year?from the Buffet tax and using it to pay down our debt?? No.? He suggests that? he could use it to lower the rate on student loans, which would “create lots of jobs”.? Or, put it into building roads and bridges, which would create jobs, as well.
If you agree to give the Democrats a nickel, whether it be your’s or someone else’s, they will spend a dime, and then demand another nickel, because it is only “fair”.
SOS, you are?absolutely right…….?another example, the TARP $ that were repaid, not a thin dime went?back to the treasury?…….?Obama?just blew it on other spending, ?like?investments in?solar panel companies….. what a country we are leaving to our future unborn Americans……. it makes me sick?
Making money even more readily available for student loans just enhances the anti-competitive situation that is currently the business of higher education… which will almost certainly drive costs up more-? necessitating more in loans with graduates in debt to the government.? How does Mr. Schumer propose that an emerging generation stimulate an economy when that same group of graduates could be averaging a little under six figures in loan debt?? Cheapened degrees and indebted generations do not create lots of jobs.? Schumer assumes that people are going to accept his rhetoric and the faulty premise on which it is based at face value.? The problem is that too many are doing just that.
I saw Schumer on that show, and I wished that Charlie Rose had the testicular fortitude to ask Schumer to define “fair” for the audience!!? Didn’t happen, of course.?
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One man’s “poor” is another man’s “rich”; the class warfare gambit can be played right down the income spectrum until we are all poor!? The bulk of increased taxation will fall on the middle class, as usual.
Dims, enjoy many of Charlie Rose’s shows, but he is a bit of a people-pleaser.? While the informality is nice to watch, he?is?generally too?buddy-buddy with his guests to ask tough questions.
Of course it is, taxing “millionaires/billionaires” was never going to do it.? They want to get to the middle class that is the real prize, and the sheeple will thank them while doing it.
If only the government could take everyones money.? Proper redistrubtion could be achieved.? The folks could have hamburger, while the elected dinned on steaks and lobsters.? I have seen this before, but where?? OH ya communists countries.? Be Afraid, Be very Afraid.
Big business is to rich people as small business is to the middle class: all the real money is in the latter groups.? That is what will be attacked by the statists.? The rest is just for “show” and designed to generate class envy.
Of course WE are the target. We are where the money is.? M-O-N-E-Y! Tax, fee, user payment, penalty, cost, charge, levy, fine, etc. The end result is the same; WE pay, politicians reap the benefits of our labor. (Think Obama would pay for each campaign trip on Air Force One if HE had to pay?)
It’s always been ALL ABOUT sucking money out of the middle class. Taxing the “rich” is just a charade. A phony-baloney SCAM! Only the gullible and naive would ever believe that could work. Pure political theater. The cross-hairs are on us. At what point will the PEOPLE of the United States be unable to pay any more taxes? What is the tipping point?
Obama’s desperate divide and conquer campaign of constant negativity, constantly blaming and obfuscating, lying and distorting, pandering and vote buying, is to fulfill his socialist dream of “remaking America” and it has to financed somehow. Why not plunder the middle class? That’s where the money is. So, like the highway men of old, Obama will soon say to the middle class, “Stand and DELIVER.”
“To handle its responsibilities, the IRS is funded by a 2012 fiscal year budget totaling $11.8 billion” – um, perhaps we are cancelling out our tax benefits to the government with the cost of the IRS!!!
Government has driven up the cost of college so it’s crucial that the rich be taxed to alleviate part of the problem. Why do you people hate people trying to better their lives with a college education?
[ADMIN says: this guest has been banned for violating the Terms of Use (although we’re really enjoying Tim tweaking this troll)]
Again, Tim is the man, why r u all against helping fellow citizens achieve higher learning?
SOS tax rates are near historical lows except for the middle classes. The top one per centers should be paying higher rates. Trickle down voodoo economics was a lie too many believed. If it were true, where is /was the equal prosperity for all?
Federal taxes were lowered and social programs were increased without adjusting revenue to pay for it. The fiscal crisis was intentionally created so that what is happening does happen. Division of the masses, elimination of the big bad social programs, SS and Medicare, Medicaid, that the rich hate so much.
Imagine how our seniors would be living today through this recession without these insurance programs!
And just how do you think massive debt, high unemployment rate, less disposable income, Obamacare (that less than half want), total disrespect for the Balance of Powers in our Constitution, all the abundant gifts of President Obama, are going? to save SS, Medicare and Medicaid? Only in Harry Potter’s World is there magic. BTW “Imagine” is only a song written by a man with his head in the clouds.
The problem isn’t taxes at “historical lows”, but the fact that spending is at historical highs.?? ?bama’s trickle up poverty is working really well, to the point that “equal prosperity” will equate to “equal misery”, which is where all leftists eventually take countries that have the misfortune of having them in power.? If a fiscal crisis was intentionally created, it was done so by ?bama and his statist cronies.
Had to put this in here somewhere: “President Barack Obama told his Cabinet yesterday to insure that every taxpayer dollar is spent wisely. But there was one embarrassing moment when he had to explain to?Tim Geithner?what a taxpayer was” – believe it was from Jay Leno (well, I put in the Geithner part).
The explanation to which Geithner replied, “Why didn’t you just say a head of livestock in the money farm to begin with?”