Skip to comments.Obama: ‘We’ve Tried This Trickle-Down Experiment Before — It Doesn’t Work’
Posted on 04/15/2012 11:36:20 AM PDT by Nachum
The nation needs the so-called Buffett Rule and cant afford to keep giving tax cuts to the wealthiest Americans who dont need them and didnt even ask for them, President Barack Obama said in his weekly address.
As many Americans rush to file their taxes this weekend, its worth pointing out that weve got a tax system that doesnt 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 ...
Guess it is just another 57 states moment....
The list, Ping
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Increasing taxes on the rich is a trickle down policy. Why don’t they just cut taxes for the rest of us?
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.
Zer0....you such a lying sack of sh**
Hey Barry. A lot of other “governments” tried commumism, socialism and wealth redistribution too. IT DIDN’T FLIPPIN’ WORK EITHER!
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!
Blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah ... and on and on and on ...
What he really wants is us to truckle down.
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.
it worked better than the crap you are peddling Ostupidass
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!
Said the expert of improving economies
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!
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.
The change he would enslave you for.
“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%?
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!
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