Asking people if they want to tax the rich more is like asking people in Tucson if they want to tax the people in Roselle more...of course you are going to get a majority. Doesn't mean that it is right.

So, y' think there are more people in Tuscon than Roselle? Could be- I don't know.

Now, how does that logic translate into, say, 400 families controlling more wealth than 50 per cent of a population of somewhere near 300 MILLION people? Does that sound about 'right' to you?

FR: Chuck Schumer, told reporters on a conference call this afternoon that he wants to see the so-called "Buffett rule" become a piece of legislation that Congress can vote on

Well geeze Mr. Schumer, only Senators can submit legislation in the Senate, so you'll have to find a Senator who can do so on your behalf. Think you'll be able to find a Senator to do that for you Mr. Schumer?

This guy is a complete dolt.

He said [Schumer], "Let's draft the language and get it scored. Let's put it on the floor, and let's have a vote. A proposal like this would gain broad support in the Democratic caucus."

All the Democrats up for re-election next year are behind Schumer when he says this, shaking their heads and trying to wave Schumer off.

You go ahead and take a vote on this Chuckie.

Populists like Chuckie just drool when they talk about higher taxes. It is their money.

Feisty

And to pay for the higher taxes, what will the "fat cats" do?

Cut a job or two? Raise prices? Close shop?

"Cut a job or two? Raise prices? Close shop?"

Well, if it were me, and I was making R E C O R D profits during a recession, I'd................close shop. Yep.

Cut a job or two? Raise prices? Close shop?

What difference does it make?

They're already holding this country hostage!

It isn't 'mom & pop' who are sitting on 3 trillion dollars compliments of trickle down economics!

FR: Schumer said revenues derived from the "Buffett rule" -- calling for a minimum tax rate for individuals making more than $1 million per year, to prevent investors like Warren Buffett to pay a lower effective tax rate than his secretary does.

Good gosh. Now our tax policy depends on what Buffetts' secretary pays?

Well, at least Chuckie has a process in mind. It's certain the legislation will refer to "Mr. Buffett's secretary" and the tax rate she pays. Maybe Chuckie can name the bill after her.

course you are going to get a majority. Doesn't mean that it is right.

FREAKIN' WHAT!!??

The last time I bothered to check this is a Democracy. And in a D-E-M-O-C-R-A-C-Y majority rules everywhere but in Presidential elections.

There you just have your Daddy's SCOTUS plants appoint you to the Presidency without a majority of the popular vote.

Well then I suppose Reid better giddy up. Funny thing is, we all know he won't, cause he can't - it'd lose.

So Drive By, I assume you missed the discussion and rational given at the time behind the "tycoon and Barron's" tax already enacted to prevent :

" 400 families controlling more wealth than 50 per cent of a population of somewhere near 300 MILLION people? Does that sound about 'right' to you?"

Perhaps you can tell us all how this time, this tax will accomplish what the good old AMT could not?

Oh and Drive By - you may not know this, but every single year they have to "fix" the AMT so it does not hit the middle class. And again the AMT is the "tycoon and Barron" tax.

What a great day - libbies talking taxes.

I do wonder how many of you libbies pay capital gains, or even understand the distinction between regular earning and capital gains.

Bonus question - you all know who enacted the current capital gain rates, when or better yet, why?

the President and the Dems need our help to push this stuff. Time to light up the Reps phones and email boxes again and let them know what Americans actually want!

In 2009, there were 237,000 people that reported an income of a million or above.

If you triple their taxes, you would net less than what Obama's proposed spending is in the last few days.

This whole thing is so absurd on so many levels ....

Regardless, the rich aren't stupid enough to actually pay more taxes that would not accomplish anything other defering job creation anyway ..... and certainly not the hypocritical tax dodges like Obama and Buffett.

Feisty

Where do you think the wealth comes from?

Bottom line: if the government adds to the cost of business; business cost will be reduced, and/or cost of product/service will increase. And guess who will bear that burden?

Taxes are necessary, but they add to the cost of everything.

What difference does it make?

They're already holding this country hostage!

It isn't 'mom & pop' who are sitting on 3 trillion dollars compliments of trickle down economics!

What an completely moronic statement?

Who is holding the country hostage to their ideology?

You will start seeing that 3 trillion ..... in about 14 months when this current idiot and his liberal war on business, demagogory, class warfare, regulations are gone and we start cleaning up the mess.

You will start seeing that 3 trillion ..... in about 14 months when this current idiot and his liberal war on business, demagogory, class warfare, regulations are gone and we start cleaning up the mess.

Thanks for the validation that they ARE holding hurting Americans hostage!

I got it now!

And you refer to me as a moron? lol

Ah, the old gal has found her rosy slippers.

Thanks for the validation that they are holding hurting Americans hostage!

I got it now!

Are you kidding?

All of the economic indicators of the worst recovery since the Great Depression, the highest number of people living in poverty in history, the biggest fall in home value in history, the longest sustained unemployment in decades, the greatest debt in the history of mankind .......

None of that gave you a clue, huh?

Of course it is business's fault, right.

Kinda like it is America's fault that 70% disagree with Obama's direction.

It is America's fault that Obama is the most polarizing president in Gallup history, too?

And you refer to me as a moron? lol

You might be right, that seems to be way too kind.

Of course it is businesses fault, right.

Hitting the scotch again eh booby - can't remember what you wrote 10 minutes ago?

You will start seeing that 3 trillion ..... in about 14 months when this current idiot and his liberal war on business, demagogory, class warfare, regulations are gone and we start cleaning up the mess.

Now hop on your unicycle and continue to back-peddle it's most entertaining! lol

I couldn't stop laughing when I saw that a blogger at another site intended to report Jon Stewart to AttackWatch.com for his hilarious piece on Solyndra.

AttackWatch.com...

Didn't the White House try something like this during the HCR debate?

Imagine that...Jon Stewart on the White House enemies list.

Too funny.

As the president said, it isn't class warfare, it's math.

So far estimates (from a broad range of independent economic analysts) are that the president's jobs plan would increase GDP by 1.3 to 2 percent higher, lower unemployment by a percent maybe more, and provide the average family $1,500 in tax cut for more consumption (demand). Once plans are scored by the CBO and these estimates are confirmed, folks need to ask their Republican representatives why they are obstructing it.

The plan to reduce deficits with a fairer tax code -- this is something the Teapublicans should want to work on with the Dems before the expiration of the Bush tax cuts in 2013 anyway. Once again, consensus is we need a balanced approach to reduce the debt, and if the GOP/TP is really sincere about reducing debt, they would compromise accordingly.

Sunday's Meet The Press provided a clear contrast with McConnell and then Bill Clinton. When asked about McConnell/Republicans, Clinton said: "I think they ought to be cooperating, but conflict seems to be better politics. Cooperation's better economics."

Someone should have asked Chuckie about his old House seat in what's now NY-9.

That would've been interesting.

Feisty .....yea ......imbecile is closer.

Hey Mixed,

That place sounds like a lot of fun.

I heard that there was a report that some ATM machines were trying to kill a job in a back alley .....

someone parked their private jet in a handi-cap space while they went to buy lemonade from 2 little girls who didn't have a permit ...

It is truly amazing how clueless this administration is.

What's missing from the story is the REASON for a lower capital gains tax. Here's an example;

Suppose an investor put $100,000 into a long-term investment in 1970 and sold it 10 years later for $150,000. How much in taxes should they pay?

Well, most people would say they should pay taxes on the $50,000 gain at their normal rate - say 30%, for a tax bite of $15,000.

But here's the reality - because inflation over those 10 years was 53%, his $150,000 investment is now worth only $70,500 in REAL purchasing power terms and then to make them pay an additional $15,000 in taxes would net them $55,500 on a $100,000 investment. This would be an ACTUAL LOSS of $44,500. You could take any 10 year period over the last 40 years with this scenario and the results would be very similar – No REAL gain that would justify the risk.

Everyone recognizes that we need long-term investments in plant and equipment to provide for economic growth and jobs, but what investor in their right mind would make those long-term investments if they're going to lose half of the investment in 'REAL' terms?

PS - Here are two other things to consider with the capital gains tax rate;

1 - If someone invests long-term and then sells, the sudden gain upon sale would be taxed at a much higher rate because of the 'graduated tax scale' (The 'rich' pay a much higher tax RATE on income).

2 - Most of the 'rich' who get capital gains rate dividends have already paid about 35% taxes at the corporate level before the remaining profits are distributed as dividends, so the extra 15% in taxes at the dividend level means that the total taxes paid on the income earned ends up being closer to 50%.

Bottom line - Just how much do we want to discourage investments in economic growth and job creation? That's why businesses don't want to 'invest' in economic growth in America right now, and why the 'rich' people are investing in FOREIGN economic growth and jobs.

Obama's 'class warfare' rhetoric sounds 'fair' when he leaves out the details, but is it REALLY fair, and what would be the consequences for economic growth and jobs?

This is one of those "Duh" moments.

So the majority of people favor "Someone Else" paying more in taxes. How enlightening.

How about the people in California voting for the people in Vermont to pay more income taxes, since they are 'richer'.

It appears that the 'historic first Black President' excels at turning groups of Americans against one another (Class Warfare), if nothing else.

Everyone 'cept these laughable libbies.

They never seem to even try to grasp all the "unintended" consequences, which of course in this case are the exact consequences the dudes who created the reduced rate for capital gains recognized.

Good old Obama - always taking steps in the wrong direction. Never providing the details.

What's missing from the story is the REASON for a lower capital gains tax. Here's an example;

Suppose an investor put $100,000 into a long-term investment in 1970 and sold it 10 years later for $150,000. How much in taxes should they pay?

Well, most people would say they should pay taxes on the $50,000 gain at their normal rate - say 30%, for a tax bite of $15,000.

But here's the reality - because inflation over those 10 years was 53%, his $150,000 investment is now worth only $70,500 in REAL purchasing power terms and then to make them pay an additional $15,000 in taxes would net them $55,500 on a $100,000 investment. This would be an ACTUAL LOSS of $44,500. You could take any 10 year period over the last 40 years with this scenario and the results would be very similar – No REAL gain that would justify the risk.

Everyone recognizes that we need long-term investments in plant and equipment to provide for economic growth and jobs, but what investor in their right mind would make those long-term investments if they're going to lose half of the investment in 'REAL' terms?

PS - Here are two other things to consider with the capital gains tax rate;

1 - If someone invests long-term and then sells, the sudden gain upon sale would be taxed at a much higher rate because of the 'graduated tax scale' (The 'rich' pay a much higher tax RATE on income).

2 - Most of the 'rich' who get capital gains dividends have already paid about 35% taxes at the corporate level before the remaining profits are distributed as dividends, so the extra 15% in taxes at the dividend level means that the total taxes paid on the income earned ends up being closer to 50%.

Bottom line - Just how much do we want to discourage investments in economic growth and job creation? That's why businesses don't want to 'invest' in economic growth in America right now, and why the 'rich' people are investing in FOREIGN economic growth and jobs.

Obama's 'class warfare' rhetoric sounds 'fair' when he leaves out the details, but is it REALLY fair, and what would be the consequences for economic growth and jobs?

This is one of those "Duh" moments.

Anybody mind if I report Chuck Todd to AttackWatch.com...?

Can I see a show of hands...?

Whoops, sorry for the double post.

Shumer is bidding too low.

A 91% tax rate over 5 mill would be more sensible, along with the loopholes that benefit Mr. Buffett.

My but there's a lot of phony outrage from Conservatives who are alarmed that the wealthy elites might end up paying the same effective tax rate as regular Americans. How terribly UNFAIR not to give those who can best afford to pay a better deal than the rest of us get.

@TYLER
Why is FEISTY allowed to post if she HAS BEEN BANNED FOR A DAY?

I think the readers here deserve to know what kind of "special agreement" she has that lets her post while others are banned for zero reason?

Not only should congress pass the president's jobs bill immediately, congress should pass Jan Schakowsky's tax plan too. Teapublicans say they want numbers -- It's all there, if they can read. Stop the middle class massacre now.

The more I read I can understand why we need better schools. Most of you Liberals are so stupid when it comes to taxes it isn't funny. But sadly it wouldn't do any good because all they teach now a days is the liberal/ socialist way. Go ahead and raise taxes and watch how fast the un-employment rate goes up to 10 to 15 percent because you start taxing the investments they will just stop investing then what are you going to tax. They can just keep the money in bank accounts or invested in offshore accounts that you can't get your greedy hands on

openmind266==Once more I ask you or the Shyster Lawyer, why is there so much unemployment since tax cuts have been in effect for over ten years and they are the lowest in fifty years. Please give me facts, not spin.

openmind266, corporations are sitting on $3T in unused liquidity because there isn't sufficient demand for them to utilize the money. I realize the Church of Conservatism requires you to believe that all taxes are bad, but what have you to create demand where there is none?

Drive-by-observer

The only winner coming out of this "fight" is the election winner. No one wins. People shout at each other. Hell, the POTUS called the Speaker of the House "stupid" in today's political presentation. And that's what the POTUS wants. He wants to win.Do you really think selling a Payroll Tax cut is good for S.S.? Sure it sounds goodl We could have the same cut in a different form. But it's possible S.S. will have less funding. But the POTUS asked to take S.S. off the deficit reduction table. Talk about kicking the can down the road... That's an example of why people are upset. Irresponsible leadership.

POTUS called the Speaker of the House "stupid"

I'd have to hear that one for myself M.J.,......I'm not buying it.

So rock a prediction Drive By. You say this is a slam dunk - huge majorities want it, and are calling for it.

So it should pass the Senate by the end of the week? Next week? Next month?

How about reality? It ain't never, ever going to happen, cause if it did and you really started to go after capital gains there be a big reaction.

You know for all the very reasons they decided to tax it at a lesser rate in the first place.

Are you all really this short sighted?

Forrest and trees.

And THAT is what brings out the mean, nasty, unreasonable posts from the right on here. (which I don't understand at all, because I'm guessing none of those 400 families post on here much....)

Exactly what I was about to observe Drive By. Your wisdom shines forth again!! Maybe NoJo, and JAS1 don't really post here,......they have staff that do that.

GOPisextinct

The POTUS did not specifically say Boehner was stupid; but it pretty much came out that way. He shouldn't be acting against his own nature. Watch it and tell me that it was okay.

So this will be limited to the richest 400 families?

Sure it will.

You all really ought to look up what they said about who the AMT would effect, cause they lied their asses off then too.

Man, some of you all just keep falling for the same crap over and over again.

Team Blue is so cool. Oh wait, how come so many blue senators are running as fast as they can from this?

I don't think it SHOULD BE limited to the richest 400, but that's where the inequality of the tax system gets so large it's alarming. Make it anyone with income of $1M or more...those are all people who won't miss the money, have had no problem assembling greater personal wealth while the middle class suffers. They've done that through a COMBINATION of low taxes and rapidly increasing paychecks.

Meanwhile Conservatives would prefer to give those folks who already have all the breaks...more breaks.

GOP and Buzz

Making them "job creators" no doubt. LMAO!

Have I covered all the points?

Nope. You missed the one where the President closes all the loopholes to prevent chicanery. The wealthy have been doing this for decades, which is why all the wealth has been siphoned out of this country.

Cayman Islands must be about ready to sink by now.

Closes all the loopholes?

You mean the ones the dems put in? The ones Imelt and Obama's buddies like Buffet used every day?

A cock-eyed optimist must be you.

Or just that naive, if that's even possible.

But Ok GOPIS - when is Obama gonna start closing all them loopholes? See bro - adding more tax codes and provisions does not close what's already there. It just make the whole thing that much worse.

So, you are for scrapping that 5 foot high pile of b.s.?

Me, too. 10% under 100k, 20% under 300k, 35%under 1 mill, 45% under 5 mill, and 91% over.

Sounds pretty fair to me, and could be bound in a note pad.

How about just 15%.

Laminated on one sheet of paper.

Done.

Until Buffett pays ALL the back taxes he owes (4 billions with penalties every day) then he should STFU about taxes. Once he ponies up, then he can blather all he wants.

Sounds fair to me.

[Until Buffett pays ALL the back taxes he owes (4 billions with penalties every day)...]

Actually, most every article on this says $1 billion...even your favorite, The Blaze...but I digress...

It's Buffett's corporation, Berkshire Hathaway, that "owes" the money. I put "owes" in quotes because it seems to be legal loopholes that are being used.

But, after all, corporations are people, right?

This is the very thing that the GOP/Tea Party is fighting tooth and nail.

Seems fair to them...go figure...

Unrecognized tax obligations are a standard accounting procedure that sets aside money that may or may not be owed to a taxing authority at a later time. Calling it "back taxes" is just a lie.

No matter what attacks Conservatives throw at Warren Buffett the truth is out. The wealthy elites have been getting a sweetheart deal on taxes for years. It's time for them to at least pay an effective tax rate equal to that of the middle class.

The $200k club?

A pretty low bar, wouldn't say Drive By?

The $200k club?

$250K.

And you're right,..... $250K in San Diego will hardly get you a shack to live in.

All that retired Navy in that town really hikes the COL.

See how far $250K gets you in La Jolla or Del Mar.

Second thought,....just ask Mitt Romney.

Liberals are not just economics challenged- they're arithmetic challenged.

The rest of us learned in the third grade how to read the zeroes. They did not. So, they think 200,000 is equal to a million- or a billion. There's really no difference in their minds between the latter two.

Their idol suffers from the same ineptitude. Then some wonder why we are in this mess in the first place.

Then some wonder why we are in this mess in the first place.

Ooooo, Ooooo,.....pick me,...I know,...I know.

Uhhmmm, like the previous Presidents cut taxes for the wealthy for 30 years (except for Clinton), got into 2 really, really, really expensive wars (and swept the bill under the rug) and got Medicare Part D and didn't pay for it either, and then the mean ol' fascists dumped the whole bill on the guy with big ears, and stonewall everything he does to try and fix it.

How's that? Did I get close?

Look at the lemming NoJo - they are all for a bill they have not seen, based upon the assertions of Schumer/Obama.

Maybe to them $200k is the same as $1m.

Shoot out here the grocery workers are going to strike to save $90 per month in insurance co-pays. Of course a weeks worth of lost wages will exceed any saving they might attain.

But it us conservatives that are the dumb ones. How funny.

[Shoot out here the grocery workers are going to strike to save $90 per month in insurance co-pays.]

It has nothing to do with the money, but ALL to do with the principle...

...it's quite obvious that you know nothing about priciple...but you're trying, right Spanky?

Well, I don't know about the grocery workers, Mick, but I DO know about Buffett.

See, Berkshire Hathaway specializes in insurance- annuities, life, auto, and reinsurance- that is, insurance for the insurance companies.

Insurance companies have been hit pretty hard, lately. Lots of natural disasters, for one thing. Companies that haw bonds on their performance for another.

Now, what many people don't know is, a big seller for insurance companies are life I surname policies that cover estate taxes. You have an estate that is subject to tax, and the idea of leaving a policy that covers your family obligation looks pretty good.

There are other ways to use insurance as tax exempt investments- that generate income.

WhT all this comes down to is Buffett using the president, and his political party, to advance his business. Hey- the guy did not get that ri h because he was not as slick as a weasel.

The SAD thing is- once on a time, there was this group of people who comprised something called the Fourth Estate- who exposed scams like this. No more. As far as they are concerned, too bad for the suckers who fall for this.

Don't take my word for it

http://www.insurelane.com/carriers/berkshire-hathaway.html

Fill out the form, put in a much higher income than you actually make, and get the information.

Heck- you might even get a Pulitizer!

It's a lead pipe conch none of the so called journalists on this site are going to give you any competition.

they are all for a bill they have not seen

Yeah Spanky,...tax fairness, an alien concept to you and the GOPers.

You stand to lose a lot with this bill, and its premise seems promising. Make the wealthy pay a fair rate for a change, stop the loopholes of the tax dodgers that you help evade taxation.

I guess if they close off all the loopholes they won't need people like you to help them navigate around the loopholes. No loopholes,...no loophole lawyers!!!

Wow.

We'll not only get rid of the deficit,.....we'll get rid of Spanky.

Two for the price of one.

They'll no longer need lawyers to fraudulently bill time their tax concerns while blogging.

You'll actually have to work for a living. I wonder if we could get you disbarred for lack of ethics?

What's the number for the California Bar Assoc. again?

GOP. And that is what obama and the democrats want to do. Tax people as low as $250,000 per year. These are not millionaires. Pathetic that they keep using the term, "millionaires". Also, keep in mind that when Buffett talks about paying less than his secretary, he means the 15% on capital gains that a person has already paid taxes on before it is invested.

The wealthy elites shelter nearly all their income through variations on capital gains. That's why they pay a lower effective tax rate than the middle class. It's time for that to end.

Actually in regards to Buffett its far worse than most of the liberals think. Part of the setup Buffett has created with his Berkshire-Hathaway investment firm is.....

Wait for it....

Tax Shelters for those who make $1 mil or more per year.

And these are the kind of tax shelters that are 100% legal and drop the tax liability to 0.00%.

The reason he's spent the last 3 years saying "raise my taxes" isn't because he wants his taxes raised. It's because he figures that if taxes are raised on the rich, he'll have more people pour money into his investment firm to hide from taxes and he'll become wealthier.

And remember the IRS recently revealed that Buffett owes millions in back taxes that Warren Buffett claims are not valid charges, so his duplicity is actually out for all to see.

But your average liberal will just hear that some wealthy man is saying "raise my taxes" and never consider the fact that he's not being honest.

How lame to say Buffet can send a check. Everyone knows Buffet is saying the tax code is not fair, and the real solution is not just one person sending a check, but to make the tax code fair. Are you conservatives and your leaders like McConnell really that dense?

Buffett still owes 4 BILLION in back taxes. Until he pays it, he should shut up about it.

What is a percentage that a person must pay in taxes? I am including, Federal, state, local, and property taxes? What percentage do you liberals actually think is fair? I heard a liberal last night state 35% for all of these. Well if you add all the above up, it is at least 50%. The top .2% of all wage earners pay for almost 25% of all income tax. What is fair? How about the 50% that pay zero in income taxes and also get a refund? Is that fair? It is sad that liberals feel entitled and that they are owed what others have earned.

Mark, You cannot have a tax discussion that compares apples to apples unless you limit the discussion to Federal Income Taxes. State, local and property taxes differ to much between states, counties etc.

As an example I live in NH. NH does not have a state income tax for those who work in NH, instead we have a hefty property tax. Most neighboring states have a mix of state income tax and property taxes. In my case I work in MA, so over and above my hefty property tax I pay in NH, I have the pleasure of paying MA state income tax (even though I realize none of the benefits available to MA state residents)

Golly Torpedo it wasn't that funny the last time you said it. Then again the last time it actually made sense. This time it does not.

Or is this really all you got or are you actually losing your mind?

Oh wait I know - you were too busying creating jobs or paying your own taxes to actually write a coherent post.

Just slow down Torpedo. You can do this.

[Golly Torpedo it wasn't that funny the last time you said it.]

Actually, it was...but you loves you all the attention anyway, right Spanky?

We still haven't seen your best "bottle cap" impression yet...what gives, Spanks?

Oh holly hell.

GOPIS must be a comedian. No one [with the exceptions of Bev. and the old gal] could be as clueless as is evidenced in the post above.

I love this site.

Reminds me of last week - we were snorkeling in an underground river. There was a couple from North Dakota, clearly not swimmers. The women goes underwater then comes up gagging.

"Hey, my snorkel doesn't seem to work under water."

Goes to show - you can't cure clueless. Just stand back and behold.

[Goes to show - you can't cure clueless. Just stand back and behold.]

And First Read gives you free reign...

Spanky just goes to prove that you can't cure as---le either,...and that crack don't smoke itself.

Oh holly hell.

Is that like someplace around the North Pole?

Again, obama and the dems are pushing for single people making over $200,000 per year and couples making over $250,000 to pay more in taxes. It is not accurate in stating that they want only millionaires to pay more. Last time I checked, $250,000 is not in the millions.

LOL! the "American People" are going to wait 14 months and find the following bombs, ticking under their noses, will blow up in their faces and they will be wishing they had supported Obama instead.

There are 5 major drugs coming off patent within months: Zyprexa, Lipitor, Lexapro, Plavix & Singulair. Collectively they represent almost $20 billion in sales. The changes to the patent law facilitate blocking the generics and from other companies producing replacements by enabling a faster filing process for "molecular entities" by the companies that are losing these money makers.

Expediting the process to bring new drugs to market to replace these cash cows is crucial to maintain the trajectory for medical industry growth as a consumer of GDP. The percentage is currently just over 17%, with industry projections to reach 19% by 2017. As a comparison, Education is 14% and transportation barely 4%.

So what do we find in the House Republicans Plan for Job Creators? In the outline form "Modernize our patent system to protect our nation’s innovators, discourage frivolous lawsuits, and expedite patent reviews." In other words, get those patents off the desk and filed so profits are protected in the face of windfall profit limiting under Obamacare. Further, the Plan for Job Creators includes the reauthorization of user fees "Under these two programs, the FDA collects funds from industry to help expedite the drug and device approval process." to get products in place without true unbiased investigation or scrutiny of the products.

While the Republican'ts are busy telling the public that infrastructure and education spending is unaffordable and a waste of funds needed to reduce the deficit, the House Plan For Job Creators gives no room for closing the gap between the need for highly trained technology personnel and American workers (kids graduating or planning careers OR displaced workers in need of retraining). Instead it wants an expedited Visa process for Foreign workers. 65,000 H-1B slots is apparently not good enough for the "Job Creators". Those slots aren't filled fast enough, but the Republican'ts do not want to put you or your kids in those slots. For that matter, they are also not interesting in making it easier for American citizens to become entrepreneurs, but to make it easier for students from elsewhere to be educated and remain in the US. "After a systematic review of our visa system, the Congress should undertake prudent reforms. The House Judiciary Committee is reviewing our visa system to determine the needs of American employers and the reforms necessary to ensure that American businesses maintain their leading edge in innovation and technology development. Possible solutions include keeping the most accomplished graduates in math, science and other critical fields here in America as well as making it easier for start-up entrepreneurs to obtain visas." No Dream Act, no job training, no upgrading American schools. We "can't" afford it.

14 months. And then what. Elect and re-elect the people who said no, the ones who say "can't" the ones who in word and action did everything in their power to keep people from working, reviving the ability to participate in the economy, from saving their homes and feeling secure in their communities and on our roads?

Feel stupid yet? anyone?

Other than dumber for having read your driveling, rambling, stupidity laden post.

Nope, not me. HELL NO 2012

Uh, GK? Know who SIGNED pTent reform? The same guy who was pushing for it to pass.

Yep. That would be Obama.

Feel dumb yet?

Didn't say there isn't legitiate reason for patent reform to be done overall, what I'm saying is there was a selective push to assist the pharmaceutical industry in a timeline that would give them the route to maintaining the chokehold on the economy. Making sure their biggest sellers are replaced by a slightly modified version to protect the profits. When the medical industry takes that much out of an economy, and it is a GREATER PRIORITY for the GOP than jobs for their constituents, there is a serious problem. There's a lot of blabbering about health care costs being too high, how we can't AFFORD to fund medical assistance and they intentionally push both patent reform and the route to expedited approval with the FDA, the GOP is talking out of both sides of their mouth - or out the other end.

Making protection of a monster industry a priority over education, infrastructure and economic development is a mistake that will not help anyone save their homes or find a new job. So why is it something they have made a priority?

They moved it

http://fieldnotes.msnbc.msn.com/_news/2011/09/19/7837921-is-president-obama-engaging-in-class-warfare?last=1316471144&threadId=3225667&sp=0&pc=25#c58183633

Thanks Opajack!! I really am flattered by that remark. I try to place my shots accurately,....like a word sniper.

;o)

Wow nice to know FR values freedom of speech. This will make an interesting book one day.

"Doubling Down on Stupid" The Obama administration and The Failure of Journalism.

I'm hoping it'll be a best seller.

You damned right Tom - protect my wealth. I'm no where near the top 400, but I'm doing everything I can to get there. Oh, and I still have a shot. Ain't America great?

Sure it is, which is why these little class war never work here. Europe, sure, but not here, not now, and certainly not with this guy in charge.

[hello Obama Watch].

I've worked hard, saved even harder and will do everything I can to protect what I have.

And again - they already have a law to prevent the purported concentration of wealth - the AMT.

Plus here the funniest thing of all. You could take away all the wealth from the richest and give it to the poorest.

We have it all back and more likity split. And I think u know that, else you be a rich man yourself.

You are a rich man, right Tom? Make well over the $250k threshold.

And always remember my man, the top 1% pays 40% of the taxes.

You are welcome.

Psst - Spanky - here's the secret -

"You could take away all the wealth from the richest and give it to the poorest. We have it all back and more likity split."

That's called a functioning economy. Sitting on it is dysfunctional.

Got it ?

And always remember my man, the top 1% pays 40% of the taxes.

Bwaaahahahahaha!!! Oh Spanky...

You should be ashamed of yourself : there are 143,212 comedians standing in the unemployment line hoping to find work and here you are making jokes! Too much. Please! Stop it! Let them crack the funnies.

Piece of advice for you though: Sell gold NOW! Ssshhhh! Don't let word get out. (wink, wink.)

Well done. Don't forget Botox Peloser lobbied Congress to SUSPEND workers rights in American Samoa. Why? Because she and her non-millionare-hubby OWN Starkist tuna. Not that anyone in the media will actually admit it.

But Lieberman is an "I" and should be removed, even though he does kinda, sometimes, maybe, caucuses with the D's.

jmm, you hit the head on the nail. Most of these people in the blog do not realize that shumer and buffett are talking about capital gains taxes and not income taxes. People generally have already paid income taxes on what they invest. When the 15% capital gains taxes come in to play again, it is like paying taxes twice. Also, remember this. obama in 2009 specifically stated and it was on camera, that raising taxes in a recession is bad idea and pulls money out of the economy and we should never raise taxes in a recession. Well, the last time I looked, we are close to or in a recession. This idea is strictly for political purposes.

Again, what the democrats keep wanting to omit from their raise taxes slogan, is that they want couples making over $250,000 per year to have their taxes increased. They keep spewing the millionaire word, but the middle class will get hit in their tax increase.

Hey summer you paid FEDERAL INCOME TAX Buffett paid CAPITAL GAINS TAXES on money that was taxed once already at a 35% tax rate so you take the federal rate of 35 plus 17 capital gains and you end up with a 50% plus tax rate