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Obama to Push Extension of Middle Class Tax Cuts
AP ^ | 7/9/12 | Julie Pace

Posted on 07/09/2012 6:58:36 AM PDT by MrChips

WASHINGTON (AP) — President Barack Obama is launching a push to extend tax cuts for the middle class, as he seeks to shift the election-year economic debate from the dismal jobs market to assertions that Republican rival Mitt Romney protects the rich. Obama, in an address from the White House later Monday, will call on Congress to pass a one-year extension of tax cuts for households making less than $250,000 a year, said senior campaign adviser Robert Gibbs. The president's appeal to middle-class voters is aimed at drawing a contrast with Romney and congressional Republicans. The House GOP is expected to make its own push this month for an extension of all the Bush-era tax cuts due to expire at the end of the year, including reductions on wealthier income earners. Obama opposes extending the tax cuts for Americans with higher incomes, while Romney has said he supports extending the expiring cuts for all income earners.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Society
KEYWORDS: middleclass; middleclasstaxes; smallbusinesses; smbusinesstaxes; taxes
The man is shameless.
1 posted on 07/09/2012 6:58:41 AM PDT by MrChips
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To: MrChips

But require a big tax increase for the job creators and small businesses!!

Which even Bubba Clinton said would be a disaster


2 posted on 07/09/2012 7:03:38 AM PDT by shalom aleichem
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To: MrChips

Won’t change any thing. We’re still voting you OUT,


3 posted on 07/09/2012 7:05:10 AM PDT by TribalPrincess2U (54,000,000 0bama's people on welfare and food stamps?)
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To: MrChips

Will he protect the next generation of Middle Class children from having to pay the $16 TRILLION debt he helped run up during his four years? There will be no Middle Class left after the rapacious Big Government hacks have ruined the nation.


4 posted on 07/09/2012 7:05:22 AM PDT by txrefugee
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To: MrChips

Two days ago he was saying he didn’t want an extension...the man is worse than shifting sand.


5 posted on 07/09/2012 7:06:04 AM PDT by madison10
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To: MrChips
Photobucket
6 posted on 07/09/2012 7:07:38 AM PDT by baddog 219
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To: MrChips

A guarantee not to raise taxes for a year, THAT ought to get business’s into a hiring mood again..../MS


7 posted on 07/09/2012 7:08:24 AM PDT by EGPWS (Trust in God, question everyone else)
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To: MrChips

There must be a big election coming up or something.


8 posted on 07/09/2012 7:10:20 AM PDT by FlingWingFlyer (Help reduce voter fraud in America! If you see something, say something!)
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To: FlingWingFlyer

Let the Senate vote first.


9 posted on 07/09/2012 7:14:54 AM PDT by scooby321 (h tones)
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To: MrChips
If you are in the middle class, please comply with our central planners and STAY THERE.

If you have delusions of grandeur about the so-called American Dream, and even think about making more that $250,000, you will suffer the wrath of the Central Planners and have confiscatory tax rates as a punishment for having any kind of thought of upward mobility.

If you are thinking about expanding your small business by hiring other middle-classers, if it means that you will ultimately make more money, don't hire! Please!

Your Masters have spoken! Comply! Shut up!

10 posted on 07/09/2012 7:19:27 AM PDT by SERKIT ("Blazing Saddles" explains it all.......)
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To: MrChips

” - - - Obama opposes extending the tax cuts for Americans with higher incomes - - - “

Hey! it’s Monday! How about a little Obamaclass Warfare? Gotta pay off Traitor John Roberts, you know, so let us raise taxes and create more unemployment, more ex-patriots, and more Corporate flight to foreign countries! Fear is ALWAYS better than prosperity when the goal is to regulate, control and destroy!

Yes, indeedy! The more Obamaclass Warfare can reduce the American dream of becoming millionaires like Obama and FB Michelle, the easier it will be to declare the US economy to be “To Big to Fail.”

Golly-lee! Who could possibly bail out the US Economy? Why it is the Federal Fecal Finger of Finances himself, Bolshevik Dictator “You Lie” Obama!

BTW, Obamaclass Warfare has been proven to work for those who drink the Gullible-flavored Kool-Aid at Traitor John Roberts’ Bar and Supreme Tax Court.


11 posted on 07/09/2012 7:19:51 AM PDT by Graewoulf ((Traitor John Roberts' Obama"care" violates Sherman Anti-Trust Law, AND the U.S. Constitution.))
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To: Graewoulf

I read about Obama claiming that he is advocating an extension of tax cut for anyone making less than $250,000/ year.

The fact is that he is still advocating a huge increase in the capital gains tax, inheritance taxes and other taxes for anyone making more than $250,000. Obama is trying to run on a tax cut that is really a tax increase.

If Romney doesn’t get back on the campaign circuit and start hitting back on some the Obama lies, I think we might end up with some convention problems for Romney. People are really getting fed up.


12 posted on 07/09/2012 7:23:58 AM PDT by Eva
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To: Graewoulf

I read about Obama claiming that he is advocating an extension of tax cut for anyone making less than $250,000/ year.

The fact is that he is still advocating a huge increase in the capital gains tax, inheritance taxes and other taxes for anyone making more than $250,000. Obama is trying to run on a tax cut that is really a tax increase.

If Romney doesn’t get back on the campaign circuit and start hitting back on some the Obama lies, I think we might end up with some convention problems for Romney. People are really getting fed up.


13 posted on 07/09/2012 7:24:09 AM PDT by Eva
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To: Graewoulf

I read about Obama claiming that he is advocating an extension of tax cut for anyone making less than $250,000/ year.

The fact is that he is still advocating a huge increase in the capital gains tax, inheritance taxes and other taxes for anyone making more than $250,000. Obama is trying to run on a tax cut that is really a tax increase.

If Romney doesn’t get back on the campaign circuit and start hitting back on some the Obama lies, I think we might end up with some convention problems for Romney. People are really getting fed up.


14 posted on 07/09/2012 7:24:15 AM PDT by Eva
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To: FlingWingFlyer

Meanwhile, the ever helpful media has been trumpeting this “news” since 6AM today locally. Just another page from the Romney is for the rich and I am for the under dogs (albeit I eat dogs) approach by the clown prince.


15 posted on 07/09/2012 7:26:13 AM PDT by Mouton (Voting is an opiate of the electorate. Nothing changes no matter who wins..)
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To: MrChips

This should really help the unemployment numbers heading into the election as small business people cut back employees to handle the cost of their new taxes. Who advises this guy?


16 posted on 07/09/2012 7:33:14 AM PDT by kempster
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To: MrChips

So how is it that someone who makes $250,000 a year is a rich/millionaire/billionaire/corporate jet (those five words do go together don’t they?)?


17 posted on 07/09/2012 7:41:11 AM PDT by rex regnum insanit (falsus in uno, falsus in omnibus)
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To: MrChips

“one-year extension of tax cuts”

Wow! A whole twelve month reprieve - a greatful nation expresses its gratitude for this farsighted economic leadership. /sarc


18 posted on 07/09/2012 7:45:00 AM PDT by Starboard
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To: SERKIT

“If you have delusions of grandeur about the so-called American Dream, and even think about making more that $250,000, you will suffer the wrath of the Central Planners...”


EXCELLENT post! Worth repeating.


19 posted on 07/09/2012 7:51:03 AM PDT by Starboard
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To: Starboard

This is why the economy is still stagnent. No business person will invest in creating jobs when they keep pushing the hockey puck away from the goal. We need to get this CON MAN out of our White House.


20 posted on 07/09/2012 8:29:34 AM PDT by ncfool (OMG 2012)
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To: ncfool

“This is why the economy is still stagnent.”


A growing economy is all about increasing productivity, innovation and incentives. Throwing money into unproductive activities is simply wasteful. The economy is never going to recover until we get the con man out of office.


21 posted on 07/09/2012 9:01:10 AM PDT by Starboard
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To: Eva

” - - - If Romney doesn’t get back on the campaign circuit and start hitting back on some the Obama lies, I think we might end up with some convention problems for Romney. People are really getting fed up.”

I agree.

Romney won more primary votes than any other candidate.

Since that time Romney has failed to rise above the polling margin of error, and thus will probably lose to the Incumbent Obama in November, just like McCain lost to Candidate Obama in 2008.

Primary = Romney.

Post Primary = Obama or Romney.

In other words, Romney has achieved what he wanted, defeating the Conservatives, and is now in coasting to victory mode, and thus allowing an ever increasingly unpopular Obama to remain tied with asleep-at-the-wheel Romney.

Romney won the Primary, quit campaigning in attack mode and thus revealed to the Convention Delegates that Romney will also quit campaigning against Obama in attack mode after he is Nominated.

It has been a beauty contest for Romney.

Boola-Boola!

There are 3 parts to a campaign: Primary, Post Primary and Post Convention.

All Romney has done is to win the Beauty Contest Primary.

Romney has PROVEN that he does not have the guts to fight Obama in the Post Primary.

Romney must be DUMPED at the Convention with a First Ballot ABSTAIN vote from the Delegates.


22 posted on 07/09/2012 12:45:22 PM PDT by Graewoulf ((Traitor John Roberts' Obama"care" violates Sherman Anti-Trust Law, AND the U.S. Constitution.))
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To: Eva
I read about Obama claiming that he is advocating an extension of tax cut for anyone making less than $250,000/ year.

There isn't enough "rich" people to do what 0bama wants to do with tax dollars. Once the election is over, bend over because it will be on it's way no matter how much you make.

23 posted on 07/09/2012 4:24:15 PM PDT by EGPWS (Trust in God, question everyone else)
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To: MrChips

The POTUS who will be levying one of the biggest tax increases in history on the “middle class” under Obamatax is now going to push for a one-year extension of income tax rates (while raising taxes on their employers). Woo-Hoo!...


24 posted on 09/26/2012 7:00:05 AM PDT by Qbert ("The best defense against usurpatory government is an assertive citizenry" - William F. Buckley, Jr.)
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