Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Odds of Obama getting taxes raised on upper earners and their tax loopholes plugged?

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion: Presidency Donate to DU
 
onehandle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-11-11 10:26 AM
Original message
Poll question: Odds of Obama getting taxes raised on upper earners and their tax loopholes plugged?
What are the odds with a handful of teabaggers and their porta-pottys holding all of America hostage?
________

For reference, from today's WSJ:

In addition to calling for higher taxes for those earning more than $250,000 per year, the Wall Street Journal reports that the president has his sights on "changing parts of the tax code he thinks benefit the wealthy."

http://www.huffingtonpost.com/2011/04/11/obama-spending-plan-taxes_n_847342.html
Printer Friendly | Permalink |  | Top
Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-11-11 10:31 AM
Response to Original message
1. I could actually see Obama and the Republicans cut taxes for the wealthy and increase loopholes.
Edited on Mon Apr-11-11 10:33 AM by Cali_Democrat
That wouldn't surprise me at all.
Printer Friendly | Permalink |  | Top
 
jenmito Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-11-11 10:57 AM
Response to Original message
2. Funny-because he TRIED to let the taxes for the top 2% expire already with a DEM.-controlled
House and Senate and got blamed when they voted it down. Yes, his chances are much worse NOW, but I hope people realize that HE wanted to let them expire for the wealthy. It's the CONGRESS that didn't allow it-so PLEASE stop blaming him and calling him RW names.
Printer Friendly | Permalink |  | Top
 
vaberella Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-11-11 03:24 PM
Response to Reply #2
8. Ain't that the truth. n/t
Printer Friendly | Permalink |  | Top
 
whatchamacallit Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-11-11 11:02 AM
Response to Original message
3. Zero. His renewed "call" for tax increases on the wealthy is pure PR
Keeps the faithful believing while he gives away the farm.
Printer Friendly | Permalink |  | Top
 
vaberella Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-11-11 03:26 PM
Response to Reply #3
9. Let me ask you this---Are you advocating letting the Bush tax cuts expire as they were?
Printer Friendly | Permalink |  | Top
 
craigmatic Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-11-11 11:28 AM
Response to Original message
4. There's no chance.
Printer Friendly | Permalink |  | Top
 
bvar22 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-11-11 01:28 PM
Response to Original message
5. This is just the new Shiny Object to distract the peasants,
Edited on Mon Apr-11-11 01:29 PM by bvar22
while the REAL agenda (Cuts to SS, Medicare, Medicaid) is cemented in place.
It will be discarded once it is no longer needed.

SEE: Public Option
Printer Friendly | Permalink |  | Top
 
JoePhilly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-11-11 01:40 PM
Response to Original message
6. That evil Obama, saying he wants to raise taxes on the rich ....
you'd think on a site called Democratic Underground, he'd be cheered.

Just more evidence that those who hate him don't care what he does, he's evil.
Printer Friendly | Permalink |  | Top
 
sad sally Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-11-11 09:49 PM
Response to Reply #6
10. Fool me once, shame on you, fool me twice, shame on me.
No hate here, just disbelief in what the President says. Oh, yeah, it was beyond his control to raise taxes on the wealthy...maybe this time he means it? Empty words...

I will raise CEO taxes, no doubt about it

Q: McCain is going to say you’re going to raise taxes.
A: I will raise CEO taxes. There is no doubt about it.
Q: What about the average American?
A: If you are a CEO in this country, you will probably pay more taxes. They won’t be prohibitively high. You’re going to be paying roughly what you paid in the ‘90s, when CEOs were doing just fine.
Q: So, you want to just eliminate the Bush tax cuts?
A: I want to eliminate the Bush tax cuts. And what I have said is, I will institute a middle-class tax cut. So, if you’re making $75,000, if you’re making $50,000 a year, you will see an extra $1,000 a year offsetting on your payroll tax.
Q: Define middle class.
A: Well, look, I think that the definitions are always a little bit rough, but if you’re making $100,000 a year or less, then you’re pretty solidly middle class, and you deserve relief right now, as opposed to paying higher taxes. But people who are making over $200,000 or $250,000 have benefited the most from economic growth.
Source: CNN Late Edition: 2008 presidential series with Wolf Blitzer May 11, 2008

Obama also seeks to increase tax collections, mainly by making good on his promise to eliminate some of the temporary tax cuts enacted in 2001 and 2003. While the budget would keep the breaks that benefit middle-income families, it would eliminate them for wealthy taxpayers, defined as families earning more than $250,000 a year. Those tax breaks would be permitted to expire on schedule in 2011. That means the top tax rate would rise from 35 percent to 39.6 percent, the tax on capital gains would jump to 20 percent from 15 percent for wealthy filers and the tax on estates worth more than $3.5 million would be maintained at the current rate of 45 percent.
Washington Post Staff Writers
Sunday, February 22, 2009
Printer Friendly | Permalink |  | Top
 
dionysus Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-11-11 03:19 PM
Response to Original message
7. not with a GOP house and fillibusters in the senate.
Printer Friendly | Permalink |  | Top
 
killbotfactory Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-11-11 10:13 PM
Response to Original message
11. The next election is going to be about taxing the rich vs. fucking over everyone else
The right-wing will try to distract the electorate from this reality by bashing those evil mulsin atheist gays and trying to sell the public on their standard "no taxes" pablum while decrying "class warfare".

In the meantime, I doubt taxes will be raised on rich white people significantly, no matter how much sense it makes.
Printer Friendly | Permalink |  | Top
 
RDANGELO Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-11-11 10:24 PM
Response to Original message
12. The more successfull the Republicans will be in blocking it,
the bigger an issue it will be in 2012. The Gop is going to get killed on this.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Tue Apr 16th 2024, 05:19 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion: Presidency Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC