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Obama: ‘We’ve Tried This Trickle-Down Experiment Before — It Doesn’t Work’
the blaze ^ | 4/14/12 | Madeleine Morgenstern

Posted on 04/15/2012 11:36:20 AM PDT by Nachum

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.”

(Excerpt) Read more at theblaze.com ...


TOPICS:
KEYWORDS: experiment; obama; trickledown
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Wait a minute O-slime-o, you said Reagan was a "wild-eyed socialist"

Guess it is just another 57 states moment....

1 posted on 04/15/2012 11:36:29 AM PDT by Nachum
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, Ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/


2 posted on 04/15/2012 11:37:16 AM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

Increasing taxes on the rich is a trickle down policy. Why don’t they just cut taxes for the rest of us?


3 posted on 04/15/2012 11:39:47 AM PDT by Brilliant
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To: Nachum

I’m in.

Let everyone pay 30% in income taxes on all income with no exceptions. Including handouts from the government.

That way we can “uphold the principle of everyone doing their part”. Because right now we have a large percentage of people not doing “their part”. They are leaching off others while demanding more.

Otherwise STFU.


4 posted on 04/15/2012 11:43:23 AM PDT by DB
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To: Nachum

Zer0....you such a lying sack of sh**


5 posted on 04/15/2012 11:43:34 AM PDT by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: Nachum

Hey Barry. A lot of other “governments” tried commumism, socialism and wealth redistribution too. IT DIDN’T FLIPPIN’ WORK EITHER!


6 posted on 04/15/2012 11:44:55 AM PDT by FlingWingFlyer (ObamaCare is like a stool sample. You have to pass it to find out what's in it.)
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To: DB

Let everyone pay 30% in income taxes on all income with no exceptions

“homeless” guy with an EBT card living on social housing: THAT’S RACIST!


7 posted on 04/15/2012 11:48:00 AM PDT by max americana
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To: Nachum

Blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah ... and on and on and on ...

8 posted on 04/15/2012 11:48:14 AM PDT by VRWC For Truth (Throw the bums out who vote yes on the bailout)
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To: Nachum

What he really wants is us to truckle down.


9 posted on 04/15/2012 11:48:50 AM PDT by WilliamofCarmichael (If modern America's Man on Horseback is out there, Get on the damn horse already!)
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To: VRWC For Truth

Love that!


10 posted on 04/15/2012 11:49:01 AM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: Nachum

Obama’s idea of success is China-where presidents have life tenure, their critics are tortured and shot, and there’s no “messy” democracy, intransigent legislative bodies or unelected black-robed gadflys who dare question his divinity.


11 posted on 04/15/2012 11:50:04 AM PDT by Spok
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To: Nachum

it worked better than the crap you are peddling Ostupidass


12 posted on 04/15/2012 11:54:46 AM PDT by Mr. K (If Romney wins the primary, I am writing-in PALIN)
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To: Nachum
Obama: ‘We’ve Tried This Trickle-Down Experiment Before — It Doesn’t Work’ "Wasted breath of a LIE!

I don't remember iphones or i anythings before Reagan! I also don't remember 500$ shoes!!!!

If we don't gank the sheriffs credit line our grand children wont remember i anythings, or shoes for that matter either!

13 posted on 04/15/2012 11:58:50 AM PDT by rawcatslyentist ("Behold, I am against you, O arrogant one," Jeremiah 50:31)
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To: Nachum
Re the "Reagan" remark about his being a "wild-eyed socialist," perhaps the youtube audio of Reagan, in his own words, on socialized medicine, might explode that "wild-eyed lie."

Here

14 posted on 04/15/2012 12:05:38 PM PDT by loveliberty2
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To: Nachum

Said the expert of improving economies


15 posted on 04/15/2012 12:10:13 PM PDT by MNDude
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To: Nachum

We took double digit inflation under Carter and turned it into a viable economy with the trickle down theory. Now this imbicle is saying it doesn’t work. Hello!


16 posted on 04/15/2012 12:12:15 PM PDT by maxwellsmart_agent
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To: Nachum
For two hundred years the United States was beacon of hope to the rest of the world. Immigrants came from the four corners of the globe for their chance at the American dream.

Now it turns out that we were doing it all wrong and should have been like the rest of the world.

At least that is what our affirmative-action President says.

17 posted on 04/15/2012 12:18:45 PM PDT by E. Pluribus Unum (For every black person murdered by a white, thirty-nine white people are murdered by blacks.)
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To: Nachum

The change he would enslave you for.


18 posted on 04/15/2012 12:22:01 PM PDT by EternalVigilance ('Throw all the bums out.' It's not a slogan. It's the survival of the republic.)
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To: Nachum

“Let everyone pay 30% in income taxes on all income “

12% would be enough to fund the government we need. 17% would fund the government we have. Why would you want to pay 30%?


19 posted on 04/15/2012 12:29:37 PM PDT by Fireone (The time for Newt/Palin is NOW! (did I mention FUBO?))
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To: DB

If 10% percent is enough for God Almighty, it should be enough for government. I am personaly opposed to income taxes and would prefer a sales tax or preferable an import duty like our forefathers instituted, but since income taxes are the common means of funding government, no deduction, all income from any source, including investments or any time money passes through the hands of two people or institutions or any derivation there of a 10% tax should to payed by every person great or small, rich or poor for if you only take from the public treasury you have know incentive to curb corruption as it is your bread and butter!


20 posted on 04/15/2012 12:29:47 PM PDT by qman
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