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Obama shifts debt-talk tactics, drops call for end to Bush tax rates
The Hill ^ | June 27, 2011 | Sam Youngman

Posted on 06/27/2011 3:21:33 PM PDT by Siena Dreaming

President Obama, seeking a Republican agreement to raise the nation's $14.3 trillion debt ceiling by Aug 2, will not insist that any deal include an end of President Bush's controversial tax rates on the wealthy.

Obama's tactics are coming into clearer focus: they involve seeking higher taxes not on a broad swath of high income earners but on a narrower band of the super rich, such as owners of private jets. This means that those who earn $250,000 have got a reprieve.

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


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: debtreduction; dncreparations; kingofthedeficit; negotiations; notaxes4dnc; obama; reparations
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To: Argus
Name names. Let Obama confiscate all assets above ten million from the following:

Don't forget Nancy Pelosi - net worth 26 million

21 posted on 06/27/2011 3:44:03 PM PDT by Godzilla (3-7-77)
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To: Argus

How about Barbara Streisand and Opra Winfrey? They should be on the list!!


22 posted on 06/27/2011 3:52:42 PM PDT by Mr. Wright
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To: sunmars
I actually just read a thread over there about SF banning pet stores.

I thought they'd all be for it, but was surprised to see that the majority of them look at this ban as "nanny-statism".

One of them actually wondered if he's getting conservative in his old age because he's getting tired of these bans on food, etc. and said it's odd that these kinds of bans are nowadays attached to liberals when he always thought they were associated with the right wing LOL.

23 posted on 06/27/2011 3:59:18 PM PDT by Siena Dreaming
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To: Siena Dreaming

“will not insist” You don’t get to “INSIST” on anything, SUCKER. We are holding all the cards.


24 posted on 06/27/2011 4:01:54 PM PDT by faucetman (Just the facts ma'am, just the facts)
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To: Gaffer

Universal Service Fund = $0.97.= the Algore internet tax.

IIRC, he was the tiebreaker vote


25 posted on 06/27/2011 4:05:43 PM PDT by WOBBLY BOB ( "I don't want the majority if we don't stand for something"- Jim Demint)
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To: Mr. Wright

The more the merrier!


26 posted on 06/27/2011 4:07:34 PM PDT by Argus
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To: Siena Dreaming
Bye-Bye to the small jet industry & all the associated jobs & businesses.

Obama ruins everything he touches.

27 posted on 06/27/2011 4:07:55 PM PDT by Mister Da (The mark of a wise man is not what he knows, but what he knows he doesn't know!)
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To: WOBBLY BOB

The Al Gore internet tax what a joke!


28 posted on 06/27/2011 4:21:26 PM PDT by Boardwalk
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To: Always Independent

One of the reasons I despise the GOP is they won’t talk about the rich democrats in congress. Everytime one of them gets in front of a camera he should mention how much obama “earned” last year and how much Pelosi is worth.

I don’t know why they won’t do this. It would never make it past he editing room on any network but FOX. And I’m not sure about that.


29 posted on 06/27/2011 4:21:58 PM PDT by Terry Mross (I'll only vote for a SECOND party.)
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To: Gaffer

Obama is garbage, but if you seriously think these taxes are of 2008 vintage you are mistaken.


30 posted on 06/27/2011 4:33:37 PM PDT by OilCanDan23
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To: OilCanDan23

No. I don’t. He will make more like them. They are just examples of the bullshit names and purposes of things to come in larger sizes.


31 posted on 06/27/2011 4:51:32 PM PDT by Gaffer
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To: Mister Da
Bye-Bye to the small jet industry & all the associated jobs & businesses.


Didn't Carter do this to the luxury boat business when he decided large boats needed an extra tax on them?

IIRC the ones that suffered were the boat builders.

32 posted on 06/27/2011 5:00:00 PM PDT by az_gila
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To: Mr. Wright

And Nancy Pelosi....her net worth went up 66% in 2010...so she must have some spare cash.


33 posted on 06/27/2011 9:37:58 PM PDT by spokeshave (Obamas approval ratings are so low, Kenyans are accusing him of being born in the USA.)
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To: Terry Mross

Don’t know if you heard Berney Goldberg on Oreilly tonight but I agree with him. The pubs and all conservatives need to call out the demons for every hypocritical comment they make. Racism, class warfare etc.


34 posted on 06/28/2011 12:09:48 AM PDT by Always Independent
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