Obama: ‘We’ve Tried This Trickle-Down Experiment Before — It Doesn’t Work’
- Posted on April 14, 2012 at 8:39am by
Madeleine Morgenstern
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The nation needs the so-called Buffett Rule and can’t afford to keep giving tax cuts to the wealthiest Americans “who don’t need them and didn’t even ask for them,” President Barack Obama said in his weekly address.
“As many Americans rush to file their taxes this weekend, it’s worth pointing out that we’ve got a tax system that doesn’t always uphold the principle of everyone doing their part,” Obama said.
His address caps a week-long effort by the administration in promoting the proposal that would require millionaires to pay a minimum of 30 percent of their income in taxes. The Senate is expected to bring the proposal up for a vote next week, and Obama implored “some Republican politicians to get on board with where the country is.”
“It’s pretty sensible,” he said, adding that “most Americans support this idea.”
A Gallup poll released Friday found 60 percent of adult Americans are in favor of the proposal, including 74 percent of Democrats and 63 percent of independents. Republicans oppose it, though only by 54 percent.
“This is not just about fairness,” Obama said. “This is also about growth. It’s about being able to make the investments we need to strengthen our economy and create jobs. And it’s about whether we as a country are willing to pay for those investments.”
Referring to the Bush tax cuts, which Obama has railed against, he said: “We were told these tax cuts would lead to faster job growth. Instead, we got the slowest job growth in half a century, and the typical American family actually saw its income fall.”
By contrast, he added, “When the most well-off Americans were asked to pay a little more in the 1990s, we were warned that it would kill jobs. Instead, tens of millions of jobs followed.”
“We’ve tried this trickle-down experiment before. It doesn’t work,” he said.
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Comments (342)
OlefromMN
Posted on April 14, 2012 at 9:33amIf there is but one silver lining to this, it is the fact that this “Buffet Rule” will never see the light of day. There is no way it will ever pass the body charged with determining our expenditures and revenues. The House (even under Boehner’s “leadership”) will laugh this out. It may actually be an opportunity to demonstrate how Harry Reid refuses to address any bills that the House has passed.
Report Post »Master.Debater
Posted on April 14, 2012 at 9:44amObama knows it will never pass. This is all about getting the “optics” he wants for his campaign. Keep pumping out the class warfare rhetoric to energize the ignorant and dependent to get to the polls and vote for him. He KNOWS the opposition is energized.
The only problem with this strategy is that every time he opens his mouth, his demagoguery only inflames and energizes that opposition, reminding them of how important it is to vote this guy out of office.
Report Post »IndyGuy
Posted on April 14, 2012 at 10:01am“President Barack Obama said in his weekly address”………….The only address I want to hear from Obama is the one he was really born at…
Report Post »Reason365
Posted on April 14, 2012 at 10:03amHe’s right! He tried trickle down poverty, trickle down weakness a d trickle down Marxism. It was tried from his sad form of government on down. It will never work because free people will never accept this. Man, the left sure needed a dumb puppet shill for their ideas to be realized. They found the biggest idiot on earth.
Report Post »qpwillie
Posted on April 14, 2012 at 10:08am@Master.Debater
Report Post »I sure hope it works. I’m worried because we have such a pi$$ poor candidate to run against him. I think most people will realize that after that Etch A Sketch has been shaken.
iampraying4u
Posted on April 14, 2012 at 10:12amand trickle up doesnt work
Report Post »Master.Debater
Posted on April 14, 2012 at 10:15amAt least Romney isn’t a Communist. That’s enough for me to support him against Obama.
Report Post »TheCoffinMaker
Posted on April 14, 2012 at 10:17amThe problem with the economy is the government intervention.
This “global” crap too.
The only way jobs will return is if we work cheaper than a Chinese worker.
The only way to get lard-ass Americans off the couch is to end welfare.
I firmly believe if this happens you’ll see Americans stand up to the herds of Mexicans migrating north too.
You don’t work, you don’t eat.
Report Post »Sue Dohnim
Posted on April 14, 2012 at 10:17amTrickle down economics is NOT an economics term, it IS a political term.
The loss of REAL income is due to trickle down PROGRESSIVISM and TYRANNY.
Report Post »Stoic one
Posted on April 14, 2012 at 10:21amHEY! administration….get spending under control………..
Report Post »MAMMY_NUNN
Posted on April 14, 2012 at 10:40amIf Government was like a useless Son In Law always stealing the money lounging on the couch all day eating chips and soda waiting for his food stamps and unemployment check to roll in and refuses to find work. What do you do but kick their arse out. Obama and his minions have got to go.
Report Post »booger71
Posted on April 14, 2012 at 10:44amHey Barry
Report Post »How is that 1.2 Trillion in over spending/year working out for us?
Lesbian Packing Hollow Points
Posted on April 14, 2012 at 10:45amEven if we admit that Obama is referring to trickle-down economics, where the tax burden is shifted from the producers to the consumers (as it should be) and not as many posters here say, trickle-down poverty, et al., he’s dead wrong.
The canonical proponent of trickle-down economics was Ronald Reagan. When Reagan instituted his lower and simpler taxing structure, federal revenues jumped by over 100%, more than doubling. Problem is, at the same time, the Democrat controlled Congress made federal spending jump over 4x.
We do not have a taxing problem. We have a spending problem. A federal spending problem. Namely, they’re spending too damn much. We cut federal spending to 1/4 of what it is now, and that would be a GOOD START. It would not completely cure our fiscal ills, but it would be a nice first step. More cuts to follow would finish the treatments to putting America back on a solid economic footing.
Report Post »JACKTHETOAD
Posted on April 14, 2012 at 10:45amI hope everyone‘s sure it isn’t tingle-up economics. (Hi Chrissy. -smooch-)
Report Post »Sue Dohnim
Posted on April 14, 2012 at 10:51amWell, the trickle down experiment of socialism/communism class warfare has been tried before and it didn’t work out so well for the common man. the elites always seem to do well though.
Report Post »MCDAVE
Posted on April 14, 2012 at 10:52amObama is a liar.and a king of corruption…name one thing he’s done for the good of hard working people?…Our Government is a corrupted self serving group of incompetents…vote them all out of office..
Report Post »momprayn
Posted on April 14, 2012 at 11:16amAll GREAT comments – MASTER – right on!
http://www.commieblaster.com
Report Post »SpankDaMonkey
Posted on April 14, 2012 at 11:20am.
Obama: ‘We’ve Tried This Trickle-Down Experiment Before — It Doesn’t Work’…
How the Hell would he know. He has never tried it…………………
Report Post »Tyler520
Posted on April 14, 2012 at 11:26amObamacare could never have legally passed Congress, either…but it was approved by Obozo anyways.
They’ll bypass legalities if they want to…just like they always do.
Report Post »USAOneNationUnderGod
Posted on April 14, 2012 at 11:50amWhat is he referring to with his 1990′s example? Maybe there’s an explanation / response in other news… Hope so… Sure sounds believable.
Report Post »Thevoice
Posted on April 14, 2012 at 12:20pmBoy ..The “New age progressive commie” Obama..Actually sits there like he’s the CEO of some Government run investment company and with a straight face says we will do a great job with your money…Now that’s some funny crap …Who in their right mind would invest money into a investment fund that was (a) 15 trillion dollars in the red (b) who’s employees defraud millions from the fund each year (c) who lost billions in failed “Green energy projects” (d) hires open Marxists communists to sit on their board of directors (d) Funds people that are openly looking to kill the investor he’s looking for money from…Well I could give a hundred more reasons not to want to invest in this Government desk squatter company.
Report Post »lbyrd26
Posted on April 14, 2012 at 12:43pmAMAZING! Yeah, the whole “Share the wealth with my rich chronnies” thing worked out so much better! Tell me something, with sky rocketting inflation, A national debt that is higher than under all the other presidents combined, a failed healthcare power grab,crashing stocks, unemployment so high that the white house had to change the rules on how to count them, just to get down to 2 points higher than promised if we blew through $4 trillion dollars, Highest corporate tax rates IN THE WORLD, how do libs actally find enough narcisism to show their faces. Are they really deranged enough that they are proud of their record?
Report Post »Look4DBigPicture
Posted on April 14, 2012 at 1:21pmYou’re right – it won’t pass. However, Obama‘s face is on CNN several times a day spewing nonsense about how the ’other side of the isle’ wants to continue rewarding their rich friends while dissing the middle class and the poor. He goes on and on and on … and people are still buying it. (Alinsky tactic – keep saying it enough times and people will believe it.)
I work for huge corporation which has CNN on 24/7 in their cafes on every floor and lobby, and the channel is ‘locked in’ so we can’t change it. I’ve complained about it numerous times, but I’m told CNN reports the truth. I tell my friends it’s left-winged biased, and they just smile and look at me like I’m an old fool. (argh)
Report Post »CultureWarriors
Posted on April 14, 2012 at 2:03pmThis is the dumbest thing ever uttered by a president. The funny thing is Barry own the entire top 5 dumbest things ever uttered by a president. He is a moron.
Report Post »Look4DBigPicture
Posted on April 14, 2012 at 2:07pmTop down, bottom up, and inside out doesn’t work either. It creates anarchy which leads to a dictatorship instead.
Report Post »A Doctors Labor Is Not My Right
Posted on April 14, 2012 at 2:16pm““This is not just about fairness,” Obama said. “This is also about growth. It’s about being able to make the investments we need to strengthen our economy and create jobs. And it’s about whether we as a country are willing to pay for those investments.””
Government can’t strengthen the economy or create productive jobs – if they were productive, the free market would do it.
And it was when government tried to help out in the housing market that caused the recent housing bubble – a massive misallocation of resources.
Ron Paul saw the resulting crash coming six years ahead of time, in 2001. Bush didn’t crash the economy with free market economics – he did so with government intervention.
See here.
Ron Paul: “This real-estate bubble will burst, as all bubbles do” (part 3)
http://www.youtube.com/watch?v=KONpt9a6HrI
And here.
Continuing on the Road to Ruin
Report Post »http://www.youtube.com/watch?v=MiInauovWDc
seeker9
Posted on April 14, 2012 at 3:29pmThe progressive program to get every one in houses even if they couldn‘t afford them doesn’t work.
Report Post »Govt “investment” in green energy and education doesn’t work.
I can’t comprehend how making the wealthy less wealthy and spending us into bankruptcy is supposed to work.
Ruler4You
Posted on April 14, 2012 at 3:52pmYou think any body is going to tell obango, there are actual NUMBERS and STATISTICS and FACTS that dispute his anal opinion?
Report Post »turkey13
Posted on April 14, 2012 at 3:59pmDid you see the picture of Buffit after obama gave his little speech – he was laughing his arse off and thinking – you can tax me 50 or 60% and with all those loopholes I won’t pay like I do right now. He owes a billion $$$ and keeps putting it off. How do you think he got so rich – pay big bucks to accountants and lawyers and laugh all the way to the bank. Either we need a real head of the IRS and laws written by real people or a straight tax with no exemptions. With a real tax – no loopholes only people will pay who make money and only when some is spent will the local towns receive money. If poor people are poor they won’t make money or spend money.
Report Post »Brn2bfree
Posted on April 14, 2012 at 4:07pmObama says that Trickle down didn’t work and now he want to try….trickle up poverty. Obama doesn’t have a clue. We have been trying that for about three years…
Good post, you‘re right he’s just grand standing about the ‘Buffet’ rule. The Democrats in Congress will turn it down…
Report Post »turkey13
Posted on April 14, 2012 at 4:07pmThe trickle down he was talking about is TARP. The only problem is that it trickeled thru his supporters pockets first. It was the same with his bailouts – after money disappered into the CEO’s pockets many failed. The half billion he gave Sylendra would have worked if not for the payoffs to the CEO.
Report Post »Anamah
Posted on April 15, 2012 at 12:11amEverybody is laughing of him. Really he is an ignorant and all he says is a new dumb manipulative attempt.
Report Post »old white guy
Posted on April 15, 2012 at 7:25amthe so called trickle down effect worked 100% better than any communist or socialist plan ever devised in the history of mankind.
Report Post »Bluebonnet
Posted on April 15, 2012 at 4:19pmThis is how O plans to get re-elected again regardless of the ecomony.
http://www.youtube.com/watch?feature=player_embedded&v=dmJtaOO2etc
Report Post »jacques.daspy
Posted on April 15, 2012 at 6:37pmThe Emperor Obama is trying to re create the Great Roman Empire. As I recollect, they had enslaved the known world in order to accomplish the feat. Where does he suggest we start?
Report Post »Armed Patriot
Posted on April 16, 2012 at 8:47amI grossed about $40K last year, just so you know where I am coming from. I dont want this commie rat bast-ard “occupying” the White House to say another word about taxing the rich and everyone doing their fair share as long as the bottom 48% pay NOTHING.
Report Post »johnjamison
Posted on April 16, 2012 at 2:50pmHussien Obama is lying right to America’s face Warren Buffet pays capitals gains tax not a progressive INCOME TAX. He only gets paid through capital gains so he can dodge paying more.
Report Post »Buffet not only pays himself through Capitals gains to avoid taxes he’s also as a team of attorneys fighting the IRS to avoid paying the over billion he owes in back taxes from birkshire hathaway his stock.
So not only does Buffet owe over a billion in taxes,paying himself in capital gains to avoid taxes,he’s also costing the tax payers million and millions more battling him in court.
And this is the man Obama wants to name a rule after
johnjamison
Posted on April 17, 2012 at 8:29amWell we tried increasing the size and scope of government and 6 trillion in new debt for a one termer
Report Post »WE CERTAINLY KNOW THAT NOT ONLY DOESN’T WORK IT ACTUALLY IS DESTROYING THE NATION FROM WITH IN.
TheePolitinator
Posted on April 17, 2012 at 10:07amExactly politics is perception he needs ammo for Nov so they are creating it. Everyone is blaming Congress to bad they have put up a ton of bills and guess who has stopped them all Harry Reid. Unless of course its something they can use to blame the Republicans. I’m not saying the Rep are any good just saying.
Report Post »GOWINGS
Posted on April 14, 2012 at 9:33amJust a minute folks. The chosen one is correct. It “doesn’t” work………for those that choose to sit on their lazy a** and contribute nothing to society.
Report Post »CatB
Posted on April 14, 2012 at 10:03amExactly .. but for those who want to work and get ahead … and have a future .. yes it does! I know … I was srtuggling thourgh Carter and recovered under REAGAN!
OMG 2012 … we MUST save the Republic and LIBERTY!
Report Post »doomytram
Posted on April 14, 2012 at 10:28amThat trickle down economics (experiment) doesn‘t work is a 30 year old debunked catch phrase that circulated in the schools in the early 80’s.
Oblamer‘s policies and agenda’s have been a colossal disastrous nightmare for the poor and middle classes. Everything disastrous Oblamer has done has hurt or decimated the middle classes in the USA.
However, Oblamer lies, and claims he is trying to help the poor. Nothing could be further from the truth. Oblamer and Axelrod will need to pivot again on this non starter. If the commie networks and MSM didn’t have so many leftist convinced that the Republicans were as evil as the leftist, then NObody (Ozero), Nobody would vote for Oblamer. Instead, Romney wins by One vote. Or the Chicago Commie Corruption Machine in Axelrod and Oblamer wins by one vote, by Offing that voter and righting down Mickey Mouse and Oblamer wins.
The People that Oblamer has counting the votes are going to be cheating, like a bunch of “Race for the Top” corrupted School Teacher’s in Atanta.
Report Post »Silversmith
Posted on April 14, 2012 at 10:31am“As many Americans rush to file their taxes this weekend, it’s worth pointing out that we’ve got a tax system that doesn’t always uphold the principle of everyone doing their part,” Obama said.
I agree!! (amazing!) Like the 47% who don’t pay any????
Silversmith
Report Post »CatB
Posted on April 14, 2012 at 10:47amExactly SILVERSMITH .. everyone should have some “skin in the game” … pay something!
Report Post »doomytram
Posted on April 14, 2012 at 11:15amExactly.the Ridiculous GSA is a tiny microcosm of the wast, fraud and abuse of the Gov’t experiment, yet we, right thinking American, and they, the uninformed Left thinking Americans are up in Arms at the behavior.
However, the nightmarish GSA spent our dime ($835,000) on lavish waste for 300, where as, the Nightmarish and Diastrous Marxist President allowed the first lady and daughters to take much more recent trip to Sin City on our Dime. and Before the the plane left the ground they wasted ($1 million) dollars on our dime.
The waste is rampant and the abusive is corrosive. For example, a penny cost‘s nearly a nickel and a nickel cost’s nearly a dime to make, yet we can‘t quit borrowing trillions from China to waste on make penny’s, nickels, and dimes.Capeche Liberals?
Report Post »Free_Thinker
Posted on April 14, 2012 at 12:07pmI think it’s about time for “fairness”. How about the bottom 48% that pay nothing have to pay something, just for the sake of “fairness”.
Report Post »Ded-Bred
Posted on April 15, 2012 at 9:34pmBarry Soetoro, the Indonesian-born Muslim who illegally occupies our nation’s top office, has been diligently working treason to completely destroy our nation & eliminate freedom. Even after law enforcement has shown the “birthers” were not “flakes” as the leftist libs said dismissively but were right as rain, the cowqards in GOP will not impeach him. Clinton did far less. Why? Tea Party, if you really believe in Constitution, freedom, liberty you ought to see the ONLY honest man in D.C. is Ron Paul. Christie, Bentley & a couple more governors & you. (I say you as I’m a supporter but am already in another org.)
Report Post »freedomofspeech
Posted on April 14, 2012 at 9:33amIf the tax code is such a problem then fix the tax codes, why raise taxes. This will do no good for income taxes/capital gain taxes.“ Trickle Down Tyranny and Trickle Up Poverty” two very good books to read.
Report Post »MAMMY_NUNN
Posted on April 14, 2012 at 4:42pmWho is being hurt the most by his administration ? The poor and if it continues I foresee a necessity to increase foodstamps and other handouts and adjust it for inflation requiring a higher taxation with no working taxpayers to pay the taxes we will be forever in a destructive cycle that so many unions believe in.
Report Post »They always cut their own throats.
little big man
Posted on April 14, 2012 at 9:33amObama you are full of krap. it does so work. we have history to tell us so. look it up eveytime taxes are cut the economy grows and the fed govt takes in more money.
why isn’t it working under you, well mr obama just look in the mirror and you will see why. the people of this country business people DON’T TRUST YOU. till you are gone we will have a sour economy.
Report Post »Don’t worry when Mitt Romney is elected president in Nov the economy next year will start to take off, making you and the democrat idiots that you people are look like fools.
NHwinter
Posted on April 14, 2012 at 9:42amI pray to God that happens!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Report Post »RJJinGadsden
Posted on April 14, 2012 at 10:25amYeah, it did work, but the media so hated Reagan that they did everything that they could to pound “Trickle Down” into the earth. They literally made this into a dirty word scenario back then. Even here in the south if I say something about trickle down I have people yell it me about how it did not work. Of course it works, and always has. This is just 0bama trying to get on both sides of Reagan. He agrees with him one day, then takes a dump on his policies the next. Just tossing cooked spaghetti at the wall to see if any sticks so that he can go with that one.
Report Post »MAMMY_NUNN
Posted on April 14, 2012 at 10:30amI agree nothing will change until Obama is gone we just cannot trust a LIAR !!!
Report Post »MCDAVE
Posted on April 14, 2012 at 11:02amObama spins his lies to the uneducated masses and avoids debates with intelligent hard working people..conservative people are his enemy..congress goes along with this because, there has never been a better time to keep raising taxes and stealing the tax payers dollars
Report Post »Therightsofbilly
Posted on April 14, 2012 at 12:41pm@RJJINGADSDEN
It’s “linguini”
Just a little Odd Couple humor. :-}
Report Post »AmazingGrace8
Posted on April 14, 2012 at 12:51pmAnd we need more seats in the Senate….more “Young Guns” like Rubio & Ryan etc.. I want the young to have a great future & just go out and enjoy life, work, have families…be the best that they can be with the “God-Given-Gifts” each one of us were born with. “The worlds a stage & each must play a part”…to the lighting director to the catering crew, to the stage hands, to the actors. Each of us get paid for the part we play in this world. The big sin is “To Covet”. You don’t like your wage & station in life, get off the couch or out of your parent’s basement & do something about it. I made alittle more money than one of my relatives, under $40,000 a yr., however, our core beliefs were in line with being a conservative & voting Republican. My relative did not covet(her basic were always there,clothing,food,shelter etc.) or ask for welfare (she did qualify) because “God Will Provide”, but in the sense…go out there & use your talents. Dems/libs don’t understand that concept…they believe a person just gets a raw deal from others & need to take from the people who took from them. Ring-around-the-rosey thoughts are in the liberal minds. Yikes!
Report Post »AmazingGrace8
Posted on April 14, 2012 at 1:31pm@rjj
Love both of these comments from Judge Judy….”Do you see stupid written across my forehead?” & the one her dad use to say about & don‘t tell me it’s raining. I won’t say the complete comment on this site. It would be interesting if Judge Judy(no nonsense) or Judge Joe Brown (love that guy-straight shooter but has a big heart because he is street-smart from his youth) were on the SCOTUS bench. Hummm
Report Post »silentme63
Posted on April 14, 2012 at 9:32amBah Bah Bah EVIL Bah Bah Bah COMES Bah Bah Bah WHEN Bah Bah Bah WE Bah Bah Bah LEAST Bah Bah Bah EXCEPT Bah Bah Bah it… Read between the lines this man is consumed with Hatred and deception for United States of America…Hold tight to the FREEDOMS we have he will strip them to the core. Bah… Judgement has arrived, lets give round of applause to congress for selling the soul of our nation to our enemy. God Bless America..
Report Post »Itsjusttim
Posted on April 14, 2012 at 9:32amThe thing I like about Jesus is that Jesus knows his own, and Jesus knows that his own sometimes falls into gutters that other people dig for them. Therefore just because some people have done things it doesn‘t mean they are not Jesus’ people. See, we just tell our selves that we sin, therefore we do not deceive ourselves. And no matter how many gutters the elites dig, Jesus’ people can not fall any farther.
Report Post »AmazingGrace8
Posted on April 14, 2012 at 1:17pmHi Tim
We are not sinners because we break the law.
We break the law (moral 10) because we are sinners.
(we are “sin-natured”…“the old adam”)
God’s timing or just a strange thing, Tim, it is the 100th anniversary of the sinking of the Titanic. I could ponder the simularities with that event to what is happening “to” America right now. We are in a classroom taking “the finals” and there will be no grading-curve on the results. Either we miss the iceberg OR…………….
Report Post »Have a GREAT DAY!
God Bless!
StraightDave
Posted on April 14, 2012 at 9:31amBarry is the kid that is so deep in a lie that the lie becomes reality. For once, Barry, stop campaigning and govern like a president should.
Report Post »PCsince1776
Posted on April 14, 2012 at 9:34amAgreed 100% – but Barrys DNA will not allow it to happen.
Report Post »sWampy
Posted on April 14, 2012 at 10:16amIt’s not his DNA, it’s he was mostly raised by Blacks. You take a black kid from his parents and let whites raise them, they become productive citizens, you let their parents raise them, you end up with whiny ******, that think they need to get revenge on whites that may have enslaved their ancestors 150 years ago, that have been dead for 100 years. Once the liberals tool of segregation failed in the 60′s and they were forced to drop it, they implemented the welfare system designed to destroy the poor’s parenting skills.
Report Post »GoodCook
Posted on April 14, 2012 at 9:30amYep, and we tried his grab from the top and redistribute it as the government pleases. How well did that work? Look at the starvation and out right murders of teh population in Russia in the 1920′s. Talk about old outdated ideas Marx wrote the Communist Manifesto in the 1850′s. Never workwed never will.
Report Post »jackolope67
Posted on April 14, 2012 at 9:25amB.O. and More B.S. STFU YOU JUGEARED LOSER
Report Post »NHwinter
Posted on April 14, 2012 at 9:37amSomeone please explain to me why the majority cannot see what Obama is doing? I just don’t understand how they can be so blind!!! It can’t be his looks, it can’t be his policies. What the heck do the like about this guy????? Do we live in a Hollywood fantasy world where everything comes up smelling like roses? Are so many that dumb and easily lead?
Report Post »progressiveslayer
Posted on April 14, 2012 at 10:03amNHWINTER I hear ya and I think a large part of the problem is the dumbing down of America in public schools.Our colleges and universities for many years have pushed communism marxism and socialism and perverted our history to paint America as the cause of all the world’s problems.
Barry has simply seized this opportunity in time,the gullible masses combined with the media actively campaigning for Barry,unashamedly so in some cases and you have all the ingredients for a Marxist to take power.
Report Post »fatjack
Posted on April 14, 2012 at 12:47pmNHwinter, you have to remember half the people has an I.Q. under 100. Those are the most gullible and easily swayed by the media.
Hmm where are the trolls, they haven’t been posting lately?
Report Post »progressiveslayer
Posted on April 14, 2012 at 9:24amBarry just can’t stop using that old playbook from Saul can he? A pearl of wisdom from our witless leader
Report Post »“As many Americans rush to file their taxes this weekend, it’s worth pointing out that we’ve got a tax system that doesn’t always uphold the principle of everyone doing their part,” Are you referring to half the country that doesn’t pay federal income tax you Marxist POS?
JP4JOY
Posted on April 14, 2012 at 9:37amThat was my initial thought too. NOBODY is talking real spending cuts (well Paul is but doesn’t stand a chance). We are screwed. Those of us still paying “our fair share” will be squeezed more and more and then it will be our fault that we didn’t PAY ENOUGH!!
Report Post »Snowleopard {gallery of cat folks}
Posted on April 14, 2012 at 10:12am@JP4Joy – the way it ultimatly would be our fault is if we fail to do anything to stop the madness of Obama and the corruption in DC that is across the board; in 2010 the people of the US showed a major shock to them, we need to continue and hold their feet (Senate, House and POTUS) to the fire.
They need to constantly be reminded, they work for us and not the other way around.
Report Post »Madmilo
Posted on April 14, 2012 at 10:29amNot only are 47% not paying taxes, Most of them get money back. How the hell does that happen?
Report Post »mayihelpyou
Posted on April 14, 2012 at 9:20amIf “we need it” then lead by example. It’s not too late to amend your return.
Report Post »Don’t “gift” your children 48,000 dollars and give up the 80,000 you are hoarding “unfairly”
Oh yeah, tell Warren to pay the billion he owes in taxes and call off his army of tax attorneys who are fighting the IRS.
Why would anyone believe anything Obama says?
OlderNSmarter
Posted on April 14, 2012 at 10:13amNot a word. He has a two-forked tongue that lies at both ends.His allegence is the the NWO, not the US citizens he wants to destroy.
Report Post »OlefromMN
Posted on April 14, 2012 at 9:19amNo sir, it makes no sense. It obviously does not catch people like you and will do nothing for our out of control spending. Until you are willing to have an intelligent discussion on slashing spending, completely reforming this unbalanced tax code (flatten it out and include ALL Americans) , and returning to limited government principles such as Reagan espoused, we will continue to view you as a naive child who gets to play president for a few more months.
Report Post »Itsjusttim
Posted on April 14, 2012 at 9:18amI think the elites should build a space-ship so they can flee earth. That’s gonna take a lot of money.
Report Post »Itsjusttim
Posted on April 14, 2012 at 9:23amIt’s gonna take a lot of time too, not to mention the adverse affects space travel has on the human body and spirit. Mars seems like a great place to live, maybe you can colonize it with 13,000 people.
Report Post »Master.Debater
Posted on April 14, 2012 at 9:36amNewt might have been on to something…
Report Post »Blue Barbarian
Posted on April 14, 2012 at 9:48amNow that’s an idea I will gladly double up on my taxes to support.
Report Post »JACKTHETOAD
Posted on April 14, 2012 at 10:47amMars could use a good terraforming first, Tim. That can take a while.
Report Post »AmazingGrace8
Posted on April 14, 2012 at 1:03pmHallys Comet doesn’t come around for awhile but remember the “Hale-Bop”? comet over a decade ago and the people that did the kool-aid so they could “tail-gate” unto the comet? Strange! No comet in the sky right now, but many people still drinking the kool-aid.
Report Post »Puddle Duck
Posted on April 14, 2012 at 10:43pmWell Tim since you seem to already be a long term resident of said colony how about forming a welcoming commitee for the idiots ready to get off the Hale Bop express…….
Report Post »progressiveslayer
Posted on April 14, 2012 at 9:18amIt’s pretty simple,we need to fire your skinny Marxist ass and a lot of our problems will take care of themselves.
Report Post »tradexpertbuysell
Posted on April 14, 2012 at 9:24amUp yours Obama!
You can also declare gravity invalid and put it to the test by jumping out of a plane without a parachute.
But you already know all of that don’t you?
What a weasel!
Report Post »barber2
Posted on April 14, 2012 at 9:11amThe Obama Rule for Radicals : Soak the Rich. End Capitalism. Redistribute the Wealth.
Report Post »PCsince1776
Posted on April 14, 2012 at 9:35amAnd we are left with the Elite (Obama and company) where the rules will not apply and the rest of us.
Report Post »PCsince1776
Posted on April 14, 2012 at 9:39amwill have to eat all the regulations and laws.
Report Post »Master.Debater
Posted on April 14, 2012 at 9:09amHe wants more than double taxes on the investment of capital into private enterprise. Isn’t that the type of activity that we want for job creation? Besides, dividends are an investor’s share of profits generated by a business, profits that are ALREADY taxed at the corporate level with the highest tax rate in the world. If you take that into account the effective tax on dividend income is already over 40%. Those who think this is a good idea are either ignorant or are not being honest with the public about their true motives.
Report Post »scuba13
Posted on April 14, 2012 at 9:08amThe Buffett rule, YOU should pay more,but I will keep owing the IRS over 900 million in back taxes.
Report Post »misteryuck
Posted on April 14, 2012 at 9:05amClass envy/warfare at it’s finest…
Report Post »You know, the US treasury will accept overpayment of taxes… It is true. You can send them as much as you want. It you think you are not required to pay enough, send in the additional ammount you feel you should be paying. How simple is that?
I will not hold my breath.
Smoke and mirrors. (BS)
Seabird
Posted on April 14, 2012 at 8:55amSomeone needs to explain to the dopes that think this is a good idea, that it is a SPENDING problem! One time money grab from the wealth isn’t going to have much effect on the paying off the def sit!
Report Post »I’m an accountant and I know first hand. The more money a corporation makes the more taxes they pay! If they aren’t making money less taxes! So he wants to take the profits and give to everyone else?
When will that happen? When he’ll freezes over! Yes, he will take it, but we will never see it again!
Chromo200
Posted on April 14, 2012 at 8:54amAgain .. I say the millionaires/billionaires will shelter their money and pay less than the average American (rate wise) and will always do .. Look at Europe. China, Russia, or any country, the rich are still rich and the rest get screwed. The tax system maybe unfair but if this idiot would work on streamlining the way the gov’t works, there would be a lot of money. Look at the states that have done austerity programs, they now have surpluses. Obama needs to talk to people like Dave Ramsey and not to the tax and spend friends of his.
Report Post »dissentnow
Posted on April 14, 2012 at 8:53amThe Buffett rule?
Report Post »Oh, you mean talking a good game about taxing rich people even more but then you try to avoid paying your own taxes.
HKS
Posted on April 14, 2012 at 8:48amWhat we need is leadership that is focused on jobs and economy instead of stealing more from taxpayers to fund his stupid spending. Get on track with the economy and taxes will take care of themselves.
Report Post »sWampy
Posted on April 14, 2012 at 8:47amWe need flat tax, progressive tax are like all things progressive, really regressive. While they pretend to help the poor and middle class, while hurting the rich, they really do the opposite. The poor are encouraged to not work harder, because when they do, the increased taxes make their raises vanish, the rich have loopholes, and the middle class is stuck footing the bill.
Report Post »Snowleopard {gallery of cat folks}
Posted on April 14, 2012 at 8:55amI have to agree with you on the flat tax.
Report Post »Marine25
Posted on April 14, 2012 at 9:16amYour little ditty about increases in earnings vanishing as the tax rate increases is foolish and anyone who passed fifth grade math can figure out there has never been a tax code in which that was true. But after you supported a flat tax what could we expect? The problem remains that we became the first country in the history of the world to go to war (two in fact) and cut taxes at the same time. The right wingers always cry about somebody getting something for nothing from the government, well, it’s time to pay for the two wars that Republicans demanded and refused to pay for. 6389 men and women paid with their lives, and the tea-party says they are taxed enough already. Patriots do their share.
Report Post »RIGHTHOOK
Posted on April 14, 2012 at 9:45am@Marine – Better start with your Commander n’ Chief as he happened to file in the 20.5% bracket and is in the so called 1%. I call that hypocrisy. When he and he cronies are ALL in the 99% (whatever that trumped up thing means anyway…media created) I may listen. That will NEVER happen.
Report Post »sWampy
Posted on April 14, 2012 at 10:42amMarine, when name calling idiots like you tell me I don’t know math Try being a single woman with a kid making $35k, getting $5k in earned income credits, and see what taking a $15k raise to a management position does to your tax situation. You loose your $5k in earned income credit, and rather than bringing home your entire $40K minus 7% social security, you pay close to 20% on $50k and bring home $100 a month more than you were bring home. You have much, much more responsibility have to deal with getting into trouble when those you manage screw up, and when all is said and done, you bring home less money.
Report Post »sWampy
Posted on April 14, 2012 at 10:45amYou know more people in the army died under Clinton when we weren’t at war than did under Bush while conducting 2 wars. The 2 wars actually helped our economy, all that pay came back here to be spent, all those weapons are built here, and the money turns over 7 times here, instead on once like crap made in china. If it hadn’t been for the wars, the mess Clinton had left us in along with 911 would have caused a depression even worse that the one the democrats caused in 2007.
Report Post »RJJinGadsden
Posted on April 14, 2012 at 10:59amHave to agree with a flat tax. It still has it’s ability to be abused should another wrong administration and congress take office again. The very first thing that Clinton did with a dem congress was to raise taxes and he even taxed Social Security for the first time in our history. If anybody taxed the poor it was Bubba. I entered the service back in the early days of Carter. At the beginning of the next Fiscal Year starting in Oct 1977 we received a small pay increase. I got something like an additional $51.00 a month and that put me in the next tax bracket. I actually lost take home pay. Some pay raise?! Not blaming Carter for that, he was not in office long enough yet to start his real damage. It was the way the tax code had it’s established tax brackets. Would love to see a flat tax put into place and not be graduated. I do believe in the Equal Protection Under The Laws clause instead of the Beck and crews’ jokingly “Good And Plenty” clause.
Report Post »progressiveslayer
Posted on April 14, 2012 at 11:12amRJJINGADSDEN The tax code is complex and confusing by design,the lawbreakers who designed it envisioned carve outs for their friends ie crony capitalism and the confusing part of the tax code makes it easier for our friends at the IRS to persecute us so it’s a win win for the government of course.
I still contend the 16th amendment was never correctly ratified,if you have the time check this out it’s an interesting read,http://thelawthatneverwas.com/
Report Post »AxelPhantom
Posted on April 14, 2012 at 11:18amThe bonus to a flat or fair tax (different things) would be that it takes some of the impetus out of the government and business holding hands as well…tax laws wouldn’t get passed to financially benefit one industry or particular company over another. Either everyone‘s taxes go up or everyone’s taxes go down.
Manipulation would still happen but it would be in the light of day and not some obscure one sentence tucked into a 200 page bill.
Report Post »macpappy
Posted on April 14, 2012 at 12:10pmI agree that we need the flat tax; however, I think that getting the majority of both houses of Congress to vote affirmative on this will almost impossible.
Report Post »I think that these folks feel a need, if not a duty to bring forth programs, grants, and all that will require more taxes.
Maybe we need the flat tax, along side a Congressional Recess of 9 months a year. Make them get real jobs, and gather to do the Nations biz on appointment.
Gonzo
Posted on April 14, 2012 at 8:44amThe Buffet rule wouldn‘t close the gap in one year’s worth of Obama deficit spending, much less reduce the debt. Get serious Barry, your base might be this stupid, but we’re all not your base.
Report Post »HKS
Posted on April 14, 2012 at 8:52amThe Buffet Rule would be hard pressed to generate enough money to pay for his & Michelle’s vacations.
Report Post »Gonzo
Posted on April 14, 2012 at 9:17amOr the next GSA conference.
Report Post »ChuckSammich
Posted on April 14, 2012 at 9:41amI had to re-read this 2x. I really thought he was talking about the snail trails down Chris Mathews’ leg in the headline. Where in his CV is anything close to math or actual economics ever been broached- as far as him having a simple grasp on anything?
Report Post »ThePostman
Posted on April 14, 2012 at 8:44amThe Buffett Rule would pay for the interest on the national debt for 3 days each year. That is all. Talk about worrying about the speck in my eye while ignoring the log in his eye…
It is so handy for politicians to talk about everything except what matters. Maybe after pivoting away from Trayvon, and pivoting away from the Buffett Rule, Obama can pivot back to the economy and jobs for a few more milliseconds.
Report Post »JACKTHETOAD
Posted on April 14, 2012 at 10:41amPrezbo can pivot with the best of ‘em. Especially at a circle jerk.
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