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Obama: Letting People Keep Their Own Money Is a "Giveaway" from the Government
ATR ^ | 2012-07-27 | Ryan Ellis

Posted on 07/30/2012 7:46:11 AM PDT by 92nina

On Wednesday, President Obama argued that not raising taxes on certain households amounts to a "giveaway" from the government.

On Thursday, White House spokesman Jay Carney repeated and defended the term "giveaway."

Chalk it up as another example of a "You didn't build that" worldview.

During the Thursday press briefing, ABC News senior White House correspondent Jake Tapper asked Carney why the White House uses the term "giveaway":

Jake Tapper: You used the word "giveaway", and President Obama, in his statement yesterday, used the word "giveaway," referring to the extension of the lower Bush tax cut rates for I guess the top 1 or 2 percent of the country -- people making over $200,000 a year, or couples making $250,000. What do you say to a small business owner who says, that's not a giveaway, that's my money, and by the way, I'm going to need some of that money in order to help pay the health care of individuals that I'm now mandated to do? It's not giving anything away, it's allowing me to keep my money.

Carney repeatedly defended the term and then pivoted to misleading talking points about small businesses:

Carney: "97 percent of people who file -- small businesses that file taxes under the individual tax code will receive this tax cut."

Reality: Only in Washington is preventing a tax increase from happening considered a "tax cut." If your tax rate and tax burden is the same next year as it is this year, you didn't get a tax cut. You simply didn't have your taxes raised.

The White House is correct that most people with small business income make less than $200,000 per year. But the majority of small employer profits do face taxation in the tax brackets President Obama wants to raise. These businesses employ a majority of all workers in the small business sector. Finally, 3 percent of small businesses is still 1 million small businesses all across America (i.e., the job-creating and successful ones) facing higher marginal income tax rates.

Carney: "The President believes that small businesses are so important that he has dedicated a lot of energy and focus on providing tax credits and tax incentives and tax cuts to small businesses throughout his three and a half years in office."

Reality: Really? Do most job-creating small employers think that the Obama Administration has been a boon for them? It's true that Obama didn't shrink the small business "Section 179" expensing levels he inherited, but that's hardly a tax cut for small business. He also put in place a small employer health credit that is so complicated, no one is actually using it.

At the same time, the Obama Administration is urging a hike in the marginal tax rate on 1 million small businesses. These businesses earn the majority of small employer profits, and employ the overwhelming majority of Americans working for a small business.

Then there's Obamacare. There are 20 new or higher taxes in that law, totaling $1 trillion in net tax hikes. One was repealed already--onerous reporting requirements on small business (Carney is likely claiming credit for that, too). But there's still the employer mandate, the tax hike on small medical device manufactuers, the tanning tax (all of those businesses are small), and the increase in the Medicare payroll tax rate (which many small business owners pay on every penny of earnings). Most small business owners would prefer that President Obama stop "helping" them, in fact.

This is just another example of how President Obama's White House believes that small business owners "didn't build that," and how the government letting small employers keep their own money is a "giveaway."

The full transcript of Carney's press briefing can be found here.

Read more: http://atr.org/obama-letting-people-their-own-money-a7078#ixzz227JzHh9b


TOPICS: Business/Economy; Government; Politics; Reference
KEYWORDS: bho44; communism; democrats; fascism; giveaway; jaycarney; obama; obamafascist; obamagiveaway; taxes
On Wednesday, President Obama argued that not raising taxes on certain households is a "giveaway." On Thursday, Jay Carney repeated and defended the term.
1 posted on 07/30/2012 7:46:26 AM PDT by 92nina
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To: 92nina

He’s a Marxist pure and simple.

Anyone who chooses to believe otherwise has a severe case of “Emperor’s New Clothes” Syndrome.


2 posted on 07/30/2012 7:50:07 AM PDT by PBRSTREETGANG
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To: 92nina

Sick mindset


3 posted on 07/30/2012 7:50:58 AM PDT by A_Former_Democrat
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To: 92nina

There’s no doubt what they are.


4 posted on 07/30/2012 7:51:32 AM PDT by Eric in the Ozarks (I didn't post this. Someone else did.)
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To: 92nina

Carney is a puppet and represents the view of the Regime like Baghdad Bob did for Saddam Hussein. Of course he couldn’t even say that Jerusalem is the Capital of Israel.


5 posted on 07/30/2012 7:54:19 AM PDT by CORedneck
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To: 92nina

Taxation is theft.


6 posted on 07/30/2012 7:56:14 AM PDT by Paladin2
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To: 92nina
This follows earlier speeches where Barry talked about reducing “spending in the tax codes”. In other words in areas where they were not taking more money from business that was “spending” they wanted to cut. This was in relation to “big oil” taking normal deductions.

The deceit in the language of the left is stunning.

7 posted on 07/30/2012 7:56:37 AM PDT by MileHi ( "It's coming down to patriots vs the politicians." - ovrtaxt)
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To: 92nina

As a small businessman, I’m going to add some things to my inventory:

Tar
Feathers
Rails
Pitchforks
Torches

I’ll clean up!


8 posted on 07/30/2012 7:57:04 AM PDT by Tigerized ("..and whack 'em, and whack 'em, and whack 'em!' cried the Toad in ecstasy." (also my 2012 strategy))
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To: 92nina

The arrogance of this a-hole is astounding.


9 posted on 07/30/2012 7:58:27 AM PDT by GrandJediMasterYoda (Some day our schools we will teach the difference between "lose" and "loose")
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To: 92nina
All money rightfully belongs to the government.
10 posted on 07/30/2012 7:58:30 AM PDT by E. Pluribus Unum (Government is the religion of the sociopath.)
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To: Eric in the Ozarks

You and I may have no doubt about what they are but the mob of morons that infest the local newspaper’s reader forum can’t seem to grasp the simple concept of ownership. The depths to which class/wealth envy has driven the conversation about taxes is just astounding to me.


11 posted on 07/30/2012 7:59:42 AM PDT by T-Bird45 (It feels like the seventies, and it shouldn't.)
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To: 92nina
I am more and more convinced that the left's attitude is that everything you make above and beyond what you would get as lone hunter/gatherer (not even a member of a tribe) exists only because of society and therefore belongs to the government.

Agriculture? Belongs to the government.
Herding? Belongs to the government?
Pottery and weaving? Belongs to the government.
And don't even think about industry.

If you get to keep anything above what you could get hunting deer with a rock, then that is a gift by the benevolent lords of government to one of their loyal serfs.

12 posted on 07/30/2012 8:01:09 AM PDT by KarlInOhio (Recycled Olympic tagline Shut up, Bob Costas. Shut up! Shut up! Shut up! Shut up! Shut up! Shut up!)
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To: 92nina; All

So, what Obama was saying was:

“All of your monies belongs to me!”?

Very Baghdad Bob... And very WRONG!!!


13 posted on 07/30/2012 8:02:16 AM PDT by Jack Deth (Knight Errant and Resident FReeper Kitty Poem /Haiku Guy)
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To: Paladin2

The way I understand Barry’s comment is that his concept of taxation is different from the commonly held view. In the common defn we have agreed w/ the govt that we’ll give some part of our property to them. The idea of private ownership is in force....its ours to give by mutual consent. His view is all your property belongs to the govt and for now they’re letting us keep some of it, ie no private ownership. So, this isn’t taxation as we all think of it. To be fair I suspect most pols in DC and the various state houses share Barry’s view. They’re just no unpolitic to say so in public.


14 posted on 07/30/2012 8:08:01 AM PDT by 556x45
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To: Paladin2

The way I understand Barry’s comment is that his concept of taxation is different from the commonly held view. In the common defn we have agreed w/ the govt that we’ll give some part of our property to them. The idea of private ownership is in force....its ours to give by mutual consent. His view is all your property belongs to the govt and for now they’re letting us keep some of it, ie no private ownership. So, this isn’t taxation as we all think of it. To be fair I suspect most pols in DC and the various state houses share Barry’s view. They’re just no unpolitic to say so in public.


15 posted on 07/30/2012 8:08:14 AM PDT by 556x45
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To: 92nina

I need an explanation. The writer agrees that most small business owners have incomes < 200 or 250K. Then in the next sentence he says that most small business profits will be taxed at the higher rates. What am I not understanding here. This sounds like doubletalk.


16 posted on 07/30/2012 8:08:31 AM PDT by xkaydet65
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To: PBRSTREETGANG
I'd say he is more like a Maoist in mindset.

Obama is the most rigid ideologue to head a country since Mao starved his country with the "Cultural Revolution" and Pol Pot emulated him in Cambodia, even Lenin was pragmatic when necessary.

The only thing holding him back is the need to be re elected so he can consolidate implement the ground work he has laid in his first term to “his fundamentally change the United States”.

He has been telling the truth about his intentions all along, it's just that most don't grasp his meaning of “fundamentally change” When Obama thinks of change, he thinks of the Cultural Revolution and his administration has been putting in place most of the pieces to impose his high tech version of the Cultural Revolution on this country.

17 posted on 07/30/2012 8:12:50 AM PDT by rdcbn
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To: 92nina

Are you REALLY surprised to hear this?As far as The Rats are concerned,ALL money belongs to the government;on occasion,they let you keep some of it!!!!!!!!!!!!!!!!!!


18 posted on 07/30/2012 8:18:05 AM PDT by bandleader
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To: rdcbn

Yep.. I’ll bet Zero was one of those college students who had a Mao magnet on this refridge.

the clueless mindset of these people is just amazing. The last 100 years taught most people that too much governmental power is not just scary, it leads to slaughter.

they are children and they government by pure emotion and zero logic. after all, it’s just a matter of fairness that we should “spread the wealth around”...

children...


19 posted on 07/30/2012 8:20:43 AM PDT by Chuzzlewit
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To: E. Pluribus Unum
All money rightfully belongs to the government.

...afterall, they printed it. /s

20 posted on 07/30/2012 8:30:06 AM PDT by IamConservative (Well done is better than well said. - Ben Franklin)
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To: E. Pluribus Unum

The Govs viewpoint, they printed the money, therefore it’s theirs.


21 posted on 07/30/2012 8:36:17 AM PDT by DownInFlames
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To: 92nina
The desire to be
‘supreme ruler’
is his idea of himself.

Having every intention to use the time after the November elections to make major changes, just as he has up until now. Time now for soft pedaling it now until the election happens. The Alinsky radical plans are to kill 25,000,000 persons in America. The idea is the whole world is over populated. One of many ideas the extreme left has formulated as a process to proceed with ASAP. Plans told us, even before the last election what the intendion to do was ... to FUNDLAMENTLY CHANGE AMERICA. To build his own national security force, as well equipped as the armed services! To redistribute the wealth. (Not his own ) Apparently to break/destroy the ability of America to prosper and lead the world in a good, and prosperous way. Are we still sleeping and too busy playing with our Ipad, Iphone, wifi, to be concerned and NOTICE we are in DANGER? ?. God help America, LORD, we cry out for thy forgiveness and and blessing, Help us Father. in Jesus name, amen.

22 posted on 07/30/2012 8:42:29 AM PDT by geologist (The only answer to the troubles of this life is Jesus. A decision we all must make.)
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"The President... has dedicated a lot of energy and focus..."


23 posted on 07/30/2012 8:50:14 AM PDT by devolve (-------------- ------- OHMSS ----------- ---------------------)
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To: 92nina

bkmk Just 100 days left.


24 posted on 07/30/2012 8:51:57 AM PDT by Sergio (An object at rest cannot be stopped! - The Evil Midnight Bomber What Bombs at Midnight)
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To: 92nina
On Wednesday, President Obama argued that not raising taxes on certain households amounts to a "giveaway" from the government

A Welfare check is a giveaway.....taking more money from me that I EARNED, and giving it to those that don't work, is socialism.

25 posted on 07/30/2012 9:05:50 AM PDT by Puppage (You may disagree with what I have to say, but I shall defend to your death my right to say it)
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To: 92nina
This same thinking on the part of Obama and the dems lies behind their continued talk of having the well-off pay more in taxes as "giving more back". Their wealth is not the fruits of their labor or risk-taking, but ill-gotten pelf or swag, which they should be glad to "give back" more of, as simple justice.
26 posted on 07/30/2012 9:10:13 AM PDT by Spartan79 (I view great cities as pestilential to the morals, the health, and the liberties of man.)
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To: 92nina

bttt


27 posted on 07/30/2012 9:25:02 AM PDT by hattend (Firearms and ammunition...the only growing industries under the Obama regime.)
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To: xkaydet65
The writer agrees that most small business owners have incomes < 200 or 250K. Then in the next sentence he says that most small business profits will be taxed at the higher rates.

Most small businesses earn little or no profit (or operate at a loss). The small percentage (2-3%)of small businesses that have incomes pushing their owners into the over 200 or 250k level earn over 50% of the profits. He's talking about two different percentages. In the first, he is discussing percentage of total businesses. In the second, he is discussing percentage of total dollars profit.

28 posted on 07/30/2012 9:30:52 AM PDT by tnlibertarian (Government's solution to everything: Less freedom.)
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To: tnlibertarian

Thanx. Appreciate it !


29 posted on 07/30/2012 8:32:49 PM PDT by xkaydet65
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To: 92nina

The fact that you call him’ President’ Obama is all one needs to know.


30 posted on 08/07/2012 7:03:40 AM PDT by DIXIEBELLE2012
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