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Subscribe to RSSThe New York Times: "With a torpid job market and a fragile economy threatening his re-election chances, President Obama is changing the subject to tax fairness, calling for a one-year extension of the Bush-era tax cuts for people making less than $250,000. Mr. Obama plans to make his announcement in the Rose Garden on Monday, senior administration officials said. The ceremony comes as Congress returns from its Independence Day recess, and as both parties and their presidential candidates head into the rest of the summer trying to seize the upper hand in a campaign that has been closely matched and stubbornly static."
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Although I have benefited from the tax cuts and would continue to if they were extended for the middle class....I am against extending....IF the money would be used to pay down debt, reduce deficit, pay for jobs....and not go for some pork project or into the corporate/Wall Street handouts.
Time to end Welfare for the Rich.
Money, says the proverb, makes money. When you have got a little, it is often easy to get more. The great difficulty is to get that little - Adam Smith Wealth of Nations
A lot of people have the talent but not the money to achieve the American Dream, but the Bush tax cut gives that money away to those who don't need it and don't deserve it. It's a waste.
At present, the debt, even as large as it has become, is really not what we need to be worried about. Yes, at some point, sooner rather than later, we will need to address the debt, but right now, we need as much effective stimulus of the middle class as we can muster. One issue is, as the First Read guys point out, whether the Bush tax cuts really provide that stimulus. Another important issue is tax fairness. I happen to think that doing away with middle-class tax cuts, even if also doing away with tax cuts to those making over $250,000 a year, is unfair to the middle class. Remember, the wealthy have the legal support to find all the loopholes and get their tax rates down below 20%--below 15% in some cases.
Why do the left act as if the money they want to tax EVEN MORE is somehow THEIRS to take??
You want more money? Get up in the morning and produce something!
What is it with the media that every time President Obama does something to put the tea people Koch republicans in a box it's his first move. He's been doing this for three years now. It's like ever time somebody says boo the media puts their big banner up " BREAKING NEWS" and then that breaking news is breaking news for a week.
" BREAKING NEWS" media President Obama has been way ahead of you ever sense he started running for President. You're so afraid of making the nuts mad, or losing a dollar of citizens united negative advertising money you've lost any resemblance of journalism. You've lowered yourselves to tabloid news.
What you said Pigotry!
his first move?? maybe for July 9, 2012
the guy has never been out of campaign mode. i guess he figured that he was very good at talking and promising but is pathetic at leading and delivering so he just keeps doing what he does best -- pandering.
The New York Times: "With a torpid job market and a fragile economy threatening his re-election chances, President Obama is changing the subject to tax fairness...'
And his subservient state-run media at the NY Times and First Read is only too happy to oblige !
The election race has been "stubbornly static" because (1) many people are not engaged yet and won't be until September/October and (2) the country is deeply and bitterly divided, with ranks dug in for trench warfare and not willing to give an inch -- Democrats, because they have given and given, on health care, on extending the Bush tax cuts, and the GOP, because they are unalterably opposed to letting that "@!$%#" in the White House any success. The GOP's racist entrenchment has unquestionably damaged our economic recovery, and this, at a time when corporate profits are at record levels.
Huh? Does that make any sense? Yes, because corporations are stockpiling trillions of dollars instead of investing in America and creating jobs. Bill Johnson gets a $44 MILLION severance package for being the head of a Duke Energy company for ONE DAY??? Tell me there isn't class warfare being waged on the middle class and working poor!
The censored word was n*gg*r.
Of course Obama is changing the subject. It's called deflection. Like noone is noticeing the 800 pound gorilla in the living room?? The unemployment numbers say it all. Obama really sucks.
This election is already over. We should all begin to discuss our beloved President Mitt Romney's agenda for his first glorious year in office. That would be productive. Let the libbie trash stew in their own soup.
Military Members, Veterans, Military retirees;
please note that Swiss Bank account Romney PROMOTED THE DRAFT during the Viet Nam War,
then skipped out to France for extraordinary length of time when church missionary tours were limited.
When Romney came home, he sided with his dad that the whole Viet Nam War was a scam and that he was against the war.
Promoting the draft, while Americans were dying, he skipped out, then says he wishes he could have participated. His whole life has been a lie.
Romney is a COWARD, Lying, Draft Dodger, who promoted someone else to die for him, that is his way of management.
Some may want anyone but Obama, but this guy ranks with Jane Fonda and should not be given anything or elected for anything.
For those who are not old enough to remember the military draft, it was a mandatory commitment for two years that was implemented during the Viet Nam War. If your number was called, you went and served like it or not. Young people may say, I wouldn't go and they can't make me, think again.
This is what Romney promoted as if he were a "responsible citizen", then he left his fellow citizens to serve and some died for us and him. I am ashamed of him as I am retired military member, and forget about representing our country Mr. Romney.
I am one of the Military members who are against Romney, and against his bid for the presidency.