It is widely known that BO lobbied against debt ceiling increases a few years ago- he was against it before he was for it, I guess. Now he is changing his story on the effects of tax increases on a weak economy: Obama vs. Obama | The Weekly Standard Will the self-serving hypocrisy ever end with this guy?
It is all politics. Boehner voted for about 4 trillion worth of debt ceiling increases under Bush with no strings attached. McConnell and Canor did too.
Would that be like Romney's "I was against it before I was for it" attitude on everything from abortion to blue socks?
You attribute that quote to Romney but I believe it was John "My fellow soldiers are scumbags" Kerry when he was running as the Dimocrat nominee for Prez a few years ago who actually said it.
Well I heard Boehner say he would not raise taxes on the ''job-makers''. I'm guessing he meant those giants of industry and powerful businessmen. Thats great. But if jobs only rose by 18,000 in the last report; are those guys really job makers? And should they be allowed to not pay an increase in taxes but also not produce the jobs Boehner is talking about? Are they above any reproach? If the only reason to defend no tax increase on them is because they are ''job-makers'', souldnt they make jobs? And more than the dismal 18,000. I dont want it to sound like a punishment, but they arent doing whats expected of them, so they should suffer the outcome.
Don't be fooled by the rhetoric. In order for BO to raise the revenue required to support his spending taxes will have to be raised on everyone not just the millionaires & billionaires. Keep in mind that the real billionaires don't work for wages like those of us in the middle class do. This "tax the rich" campaign of his is just an attempt to use class warfare as a diversion.
I'm not fooled. Just wondering why no one is commenting on Boehner's BS. If you're looking for an absolute, then you are the one being fooled. But let's tax the rich just for a start and see where that goes. Let's cut some nonsense spending as well. Kind of met in the middle. And when things get better or when the "job makers" start making jobs, we'll ease off on their taxes.
It all boils down to confidence. How can a business justify adding employees when they have no idea what the landscape is going to look like in the coming months? And when you advocate taxing the rich exactly who are you sugegsting we tax? What income level constitutes "rich"?
You said millionaires and billionaires. Let's start with them. And I don't mean someone who has a million or two or so. I mean someone who makes a million or two or so annually. If thats you well, tough. Bite the bullet and do your part for America. If it isn't, then don't let it bother you. If they aren't making jobs then they shouldn't be hiding under tax breaks that they claim without such they wouldn't be able to hire anyone. Well they ain't hiring, so no more tax breaks til they do. I mean of course after they survey the landscape to insure they aren't taking any risks.
That in no way defines wealth. There are plenty of people with high incomes who are flat busted & plenty of people with substantially lower wages who could well be defined as a millionaire
What? The definition of millionaire is one who has a million. That's it. I didn't say wealth. Hey, if you wanna around and around like some stag at a Virginia reel. Do it with someone else. If you want to defend the people I am talking about. That's fine. But in my opinion, if they aren't going to make jobs then they should no longer enjoy the tax breaks given them so they could make jobs.
Yeah...if you make a million or two annually, you're just an average Joe six pack. LOL Millions doesn't define wealth. What a mentality. Is it any wonder our country is in the fix it is in?
Here's the difference between rich and wealthy. Shaq is rich. The guy who pays his salary is wealthy. And I think 2% more isnt going to break either one. And what kind of loser makes a mil a year and is flat broke? He deserves to be. I dont understand why alot of you gripe about taxes. Face it they have to go up eventually. A ream of paper use to cosy 2.50 now its 3.25. Even the US Govt. has to buy paper and gas and cars and pens and food and curtains etc. I dont see any difference if the money is spent on bullets or cheese for the poor.
There are examples all the time where mega earners are busted. Nicholas Cage? Millions per movie but lost his house & filed for bankruptcy. Athletes? Several lost it all. It happens. What I am saying is simply this- when BO starts chanting "tax the rich" we should have a definition of rich. Are we talking about earners or tycoons? How much revenue does he expect to raise by these new taxes? I'm not a millionaire so I can be a little objective here. How is it fair to continually take peoples money when some aren't contributing a dime? I would rather see those who don't pay anything step up. I also favor closing tax loopholes & requiring every citizen to contribute equally (on a percentage basis).
A better example would be the farmer who lives on a couple thousand acres, but ekes out a living with $50,000 - $100,000 per year for he and his adult son, but his land is worth $2,000,000. Yep, he is a millionaire, so BO wants to raise his taxes. He pays the taxes, but has to fire his son so he can survive the drought and then BO has to pay his son unemployment. Boy, that works out real well, doesn't it.
Land is considered an asset, not income, isn't it? And he must have had SOME money to buy the land... yeah, it may have been passed down to him, but it IS an asset, not income. He'd be paying taxes on the land value, and income, with exemptioms... I could probably ask my gf to figure out how much he'd pay or receive back, she does taxes. She'd need to know which state I thnk, 'cause it varies. P.S. - I just asked her, she said "total bs" LOL ...something about not paying taxes on land use or somesuch... not something I'll ever have to worry about so when I hear something like that I choose not to remember it LOL