Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Spin Meter: Obama, Dems skirt issue on tax hikes (Even the AP says Hussein is lying!)
boston.com ^ | July 11, 2011 | Erica Werner

Posted on 07/11/2011 7:33:00 AM PDT by Recovering_Democrat

Call it eliminating an unfair break, or removing an unjust loophole, or even "taking a balanced approach". Just don't call it raising taxes.

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


TOPICS: Breaking News; Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: balancedapproach; budget; loopholes; taxes; taxincreases
Article calls Hussein out. Ms. Werner may not have much of a future at AP.
1 posted on 07/11/2011 7:33:05 AM PDT by Recovering_Democrat
[ Post Reply | Private Reply | View Replies]

To: Recovering_Democrat

“Proposals consideration include raising taxes on small business owners and potentially low- and middle- income families. You won’t hear about that from Obama. Instead, the president focuses on the very rich.”


2 posted on 07/11/2011 7:36:38 AM PDT by Recovering_Democrat
[ Post Reply | Private Reply | To 1 | View Replies]

To: Recovering_Democrat

“expenditures in the tax code” = limiting govt income grab
the term shows who obamas peeps think owns all national income

This is the type of “expenditure” obama is willing to cut!

The petulant prince of pennsylvania avenue is supposed to do a presser at 11Am today. He is mad, you know.

Angry black man speech alert.


3 posted on 07/11/2011 7:38:10 AM PDT by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
[ Post Reply | Private Reply | To 1 | View Replies]

To: silverleaf
Angry black man speech alert.

More like a scowling teleprompter volley.
4 posted on 07/11/2011 7:43:32 AM PDT by Renderofveils (My loathings are simple: stupidity, oppression, crime, cruelty, soft music. - Nabokov)
[ Post Reply | Private Reply | To 3 | View Replies]

To: silverleaf

Union dues are deductible thus “expenditures in the tax code” I guess he’s not going to close that loophole.


5 posted on 07/11/2011 7:43:51 AM PDT by newzjunkey ("cave" it's not just a hole in the hillside)
[ Post Reply | Private Reply | To 3 | View Replies]

To: silverleaf

“He is mad, you know.”

F^%$ him!


6 posted on 07/11/2011 7:44:10 AM PDT by SMARTY ("Educate men without religion and you make of them but clever devils. " Arthur Wellesley)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Recovering_Democrat
By law debt gets serviced first so no default—no raise in ceiling means Obama will have to choose what to fund and what to not fund.HE will be held responsible for any unpopular cuts.
So why are we dealing? Obama will hand off the cuts,and the blame,to some contrived “bipartisan” commission like the ones responsible for base closings.
The commission will cut the waste fraud and abuse better than any politician would.
7 posted on 07/11/2011 7:44:16 AM PDT by Happy Rain ("Sans Sarah-Bachmann's The One.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Renderofveils

http://www.whitehouse.gov/live/

watch it live
the comments can be very entertaining, almost as good as a FR live thread


8 posted on 07/11/2011 7:50:22 AM PDT by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Happy Rain
HE will be held responsible for any unpopular cuts.

I disagree - the DB LSM has the Kenyan's back and will spin and lie as much as required to make sure the GOP is the whipping boy.

The GOP House should pass a debt ceiling bill and send it over to the Senate and then FORCE the DEM Senate and the DEM White House be blamed for the "crisis". That is simplistic enough for joe 6-pack to understand on the 6pm DB LSM news.
9 posted on 07/11/2011 7:56:52 AM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
[ Post Reply | Private Reply | To 7 | View Replies]

To: silverleaf

The petulant prince of pennsylvania avenue

VERY GOOD!!

Also...

The Fresh Prince of Hot Air


10 posted on 07/11/2011 7:58:24 AM PDT by ScottinVA (A poster on a White House wall on 20 Jan 2013: "Malice doesn't live here anymore")
[ Post Reply | Private Reply | To 3 | View Replies]

To: Recovering_Democrat

“raising taxes on small business owner”
After watching closely how DC is spending my money, I will teach myself how to work fewer hours. There will be NO increase in revenues PERIOD.


11 posted on 07/11/2011 7:59:57 AM PDT by griswold3 (Character is Destiny)
[ Post Reply | Private Reply | To 2 | View Replies]

To: silverleaf

Are you sure it’s going to be at 11:00 AM?

I say Mr Arrogantly Rude shows up at least 15 minutes late.


12 posted on 07/11/2011 8:05:36 AM PDT by Alas Babylon!
[ Post Reply | Private Reply | To 3 | View Replies]

To: Recovering_Democrat

Will a group of Democrats ask him to step down because he is mentally unstable and not fit to serve?

Doing the same thing over and over again expecting different results would be the definition of insanity or stupidity.


13 posted on 07/11/2011 8:16:31 AM PDT by listenhillary (Social Justice is the epitome of injustice.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Recovering_Democrat

Looks like the first mulatto president has not been good for black folks as well. Fox has an article highlighting the plight of black folks who are falling out of the middle class. At the same time, BO’s failed policies are chipping away at everyone’s net worth.

What an idiot he is.


14 posted on 07/11/2011 8:22:40 AM PDT by Neever
[ Post Reply | Private Reply | To 1 | View Replies]

To: Recovering_Democrat

Here’s a tax proposal. Billionaires like Warren Buffett like to beg for higher income taxes while pretending they would actually have to sacrifice anything. The problem is their official income is actually in the hundreds of thousands even though their wealth is counted in billions so an income tax on them is also a tax on small business. Instead, let’s create a 1% asset tax on billionaires. Instead of paying a few thousand dollars, they have to pay $10,000,000 per billion in assets.


15 posted on 07/11/2011 8:26:26 AM PDT by BinaryBoy (Stuck with a local RINO? Regardless of who you vote for, donate $$$ to a different district.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Neever
Fox has an article highlighting the plight of black folks who are falling out of the middle class.

He will still get 90%-95% of the black vote. My hope is that he has lost the "white guilt" vote and all independent voters.

16 posted on 07/11/2011 8:29:58 AM PDT by Graybeard58
[ Post Reply | Private Reply | To 14 | View Replies]

To: BinaryBoy

Buffett had an outstanding idea recently. If the budget deficit was over 3% of current revenue, all members of the house would be ineligible for reelection next term.


17 posted on 07/11/2011 8:34:20 AM PDT by listenhillary (Social Justice is the epitome of injustice.)
[ Post Reply | Private Reply | To 15 | View Replies]

To: BinaryBoy

How about not? Let’s drop the whole business of taxing INCOME and tax purchases instead. Then Billionaires millionaires and six-figure-aires will pay taxes on their new purchases, along with the poor, middle class, illegals, drug dealers, foreigners, visitors, and everyone else I forgot.

THEN we’d all have “skin in the game.”


18 posted on 07/11/2011 8:35:46 AM PDT by Big Giant Head (Two years no AV, no viruses, computer runs great!)
[ Post Reply | Private Reply | To 15 | View Replies]

To: Recovering_Democrat

I think we are missing the boat a little on the whole “tax increase” thing.

A lot of “tax breaks” are nothing more than redistribution of wealth in disguise, and have nothing to do with letting people keep more of their own money.

Some examples: Hybrid car tax credits. They take money from working americans, and use it to bribe people into buying the cars government wants you to buy.

Or College tuition tax credits — supposedly great if you have kids. Except everybody gets them, and the colleges know it. College is already setting their tuition to the price YOU are willing to pay. If government throws another $4000 into the pot, it doesn’t change what you were willing to pay. If you wanted college for $10,000, and now government throws in $4000, colleges raise their tuition to $14000. In the end, it’s not YOUR tax credit, it’s money paid to liberal universities pushing democratic philosophy.

In contrast, depreciation allowance at least does let companies keep more of their own money, because the money goes to the company that first earned it, and then did something with it.

And when government is spending almost twice the tax they take in, it’s not quite like killing the tax credits raises the amount we pay — the tax credits were coming out of borrowed money.

So I think we really do need to go through all the various tax credits and see which ones are really spending in disguise. It’s not hard — if the tax credit or deduction is paid to people who do exactly what government wants them to do, that they might not otherwise do, it’s really government spending through a 3rd party.


19 posted on 07/11/2011 8:43:09 AM PDT by CharlesWayneCT
[ Post Reply | Private Reply | To 1 | View Replies]

To: silverleaf

The odds of me clicking on a link to whitehouse.gov are slim and none and slim left town.


20 posted on 07/11/2011 8:48:18 AM PDT by mojitojoe ( 1400 years of existence & Islam has 2 main accomplishments, psychotic violence and goat curry)
[ Post Reply | Private Reply | To 8 | View Replies]


Click the Ice

DONATING: Easier than ice climbing

Give what you can
Or donate monthly, and a sponsoring FReeper will contribute $10

21 posted on 07/11/2011 8:49:18 AM PDT by TheOldLady (FReepmail me to get ON or OFF the ZOT LIGHTNING ping list.)
[ Post Reply | Private Reply | View Replies]

To: CharlesWayneCT

In contrast, depreciation allowance at least does let companies keep more of their own money, because the money goes to the company that first earned it, and then did something with it.


I do not follow any of your thought in the above, please explain.


22 posted on 07/11/2011 8:50:32 AM PDT by PeterPrinciple ( getting closer to the truth.................)
[ Post Reply | Private Reply | To 19 | View Replies]

To: Recovering_Democrat

He will sign an executive order to raise the debt ceiling, citing it as a national emergency. Nothing will stand in his way.


23 posted on 07/11/2011 9:45:26 AM PDT by sanjuanbob (Festina Lente)
[ Post Reply | Private Reply | To 1 | View Replies]

To: silverleaf

Watching Oblidiots live is much like watching a trainwreck.... only the Oblidiots are carying more toxic waste.


24 posted on 07/11/2011 9:50:25 AM PDT by Danae (Anailnathrach ortha bhais beatha do cheal deanaimha)
[ Post Reply | Private Reply | To 8 | View Replies]

To: Recovering_Democrat
How can Obama buy his votes if his “greasy palms” funds are not approved?!
25 posted on 07/11/2011 10:40:03 AM PDT by jacknhoo (Luke 12:51. Think ye, that I am come to give peace on earth? I tell you, no; but separation.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cheerio
The GOP House should pass a debt ceiling bill ...

I agree the GOP house should pass a debt ceiling bill... BUT, they should fix it at $14.3 T. Thus, not only making a statement we have to cut back profligate spending, but setting a precedent for setting the ceiling for the next year, even if its the same as the last year. Next precedent to set: setting the ceiling to be less than the previous year.

26 posted on 07/11/2011 11:41:16 AM PDT by C210N (0bama, Making the US safe for Global Marxism)
[ Post Reply | Private Reply | To 9 | View Replies]

To: Big Giant Head

Wouldn’t the rich have the advantage of being able to buy on the black market or in foreign lands? What about a flat tax rate...EVERYONE pays 25% or 15% of their income in taxes. Whether you make ten dollars a year or ten million.


27 posted on 07/11/2011 11:44:38 AM PDT by Recovering_Democrat
[ Post Reply | Private Reply | To 18 | View Replies]

To: CharlesWayneCT

“Or College tuition tax credits — supposedly great if you have kids. Except everybody gets them”

This phases out at a certain income level. I had TWO kids in school and couldn’t get any of it because of our income level. Had to wait until the wife retired this year to lower our income.


28 posted on 07/11/2011 11:57:22 AM PDT by Always Independent
[ Post Reply | Private Reply | To 19 | View Replies]

To: Recovering_Democrat

Flat tax makes more sense. The fair tax is subject manipulation and abuse.


29 posted on 07/11/2011 12:20:43 PM PDT by Red_Devil 232 (VietVet - USMC All Ready On The Right? All Ready On The Left? All Ready On The Firing Line!)
[ Post Reply | Private Reply | To 27 | View Replies]

To: Recovering_Democrat
Ms. Werner may not have much of a future at AP.

Ms. Werner will undergo an intensive two week "attitude adjustment" or "philosophical alteration" training course...and then be returned to work.

This two week session involves being forced to watch continuous looped TV show tapes of little crissy mathews and keith ole-burr-man.

Suitable for the "re-education" of all liberals who are suspected of actually attempting to think critically....dontchaknow!

30 posted on 07/11/2011 12:26:47 PM PDT by Logic n' Reason (Generosity is for people who can afford it.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Always Independent
Had to wait until the wife retired this year to lower our income.

Your wife actually produced income??????????????

Damn....just damn.

31 posted on 07/11/2011 12:29:31 PM PDT by Logic n' Reason (Generosity is for people who can afford it.)
[ Post Reply | Private Reply | To 28 | View Replies]

To: Logic n' Reason

She retired at 55 after almost 37yrs working for the same company. She made almost 67k per year as an admin asst.


32 posted on 07/11/2011 1:54:22 PM PDT by Always Independent
[ Post Reply | Private Reply | To 31 | View Replies]

To: Recovering_Democrat

Here is an excellent editorial on the impact of higher tax rates on small business owners: The Small Business Tax Hike and the 97% Fallacy

http://online.wsj.com/article/SB10001424052748703959704575454061524326290.html?mod=WSJ_Opinion_LEADTop

This proves again that the White House and democrat congressional leaders have no idea what they’re talking about on the subject of taxation and its effect on our economy.


33 posted on 07/11/2011 2:15:42 PM PDT by socialism_stinX (We need a decline of statism and a revival of individualism and personal responsibility in America.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: BinaryBoy
Instead, let’s create a 1% asset tax on billionaires.

Did you forget a sarcasm tag? Or are you seriously suggesting asset confiscation?

34 posted on 07/11/2011 2:45:19 PM PDT by VRWCmember
[ Post Reply | Private Reply | To 15 | View Replies]

To: Always Independent
She retired at 55 after almost 37yrs working for the same company. She made almost 67k per year as an admin asst.

You tell her from me that I envy her husband, and stand in awe of her accomplishments.

She is a striking example of what CAN be done.

I am legally attached to her exact opposite.

35 posted on 07/11/2011 2:46:07 PM PDT by Logic n' Reason (Generosity is for people who can afford it.)
[ Post Reply | Private Reply | To 32 | View Replies]

To: BinaryBoy

Instead, let’s create a 1% asset tax on billionaires.

Yeah! You and Joe Stalin!
Theft of earned wealth already taxed - GREAT idea


36 posted on 07/11/2011 11:52:49 PM PDT by bill1952 (Choice is an illusion created between those with power - and those without)
[ Post Reply | Private Reply | To 15 | View Replies]

To: Logic n' Reason
Money isn't everything.

My wife is hotter than a black road in Georgia on the fourth of July.

Her only job is to give me a heart attack so that I don't die a long and painful death. The undertaker will need a hammer and chisel to get the smile off my face.

37 posted on 07/12/2011 4:01:48 AM PDT by PA-RIVER
[ Post Reply | Private Reply | To 35 | View Replies]

To: PA-RIVER
Money isn't everything.
My wife is hotter than a black road in Georgia on the fourth of July.
Her only job is to give me a heart attack so that I don't die a long and painful death. The undertaker will need a hammer and chisel to get the smile off my face.

You are indeed fortunate. In the other "departments" outside of the financial sphere....it is pretty much a wasteland as well.

As to money....my dad used to say, "Money isn't everything....but it's way ahead of whatever's in second place."

God bless Dad!

38 posted on 07/12/2011 5:08:24 AM PDT by Logic n' Reason (Generosity is for people who can afford it.)
[ Post Reply | Private Reply | To 37 | View Replies]

To: Big Giant Head

Hear, Hear!


39 posted on 07/12/2011 7:46:19 AM PDT by Sergio (An object at rest cannot be stopped! - The Evil Midnight Bomber What Bombs at Midnight)
[ Post Reply | Private Reply | To 18 | View Replies]

To: Recovering_Democrat

What you propose would work well for those working “on the books”, but how do you tax those who work “cash only” an never declare any income such as the illegal aliens doing house cleaning/gardening, prostitues, drug dealers, bookies, pimps, etc. A sales tax would cover all of these “cash only” enterpirses.


40 posted on 07/12/2011 7:55:17 AM PDT by Sergio (An object at rest cannot be stopped! - The Evil Midnight Bomber What Bombs at Midnight)
[ Post Reply | Private Reply | To 27 | View Replies]

To: Recovering_Democrat
http://olbroad.com/wp-content/uploads/2009/03/corruption.jpg From 3 of 2009
41 posted on 07/13/2011 9:51:47 AM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
[ Post Reply | Private Reply | To 1 | View Replies]

Comment #42 Removed by Moderator

To: Logic n' Reason

Thanks, I feel for your plight!


43 posted on 07/13/2011 2:15:27 PM PDT by Always Independent
[ Post Reply | Private Reply | To 35 | View Replies]

To: VRWCmember; bill1952

I don’t actually want to raise taxes on anybody. I want a reporter to call Warren Buffett’s bluff when he claims he wants to pay higher taxes. He keeps saying he wants higher taxes on “millionaires and billionaires like me” but his official income is only a couple hundred thousand dollars so regular taxes are insignificant compared to his real wealth. Let’s see what he says if someone proposes a tax that would actually affect him, like an asset tax on his $50 billion instead of an income tax.


44 posted on 07/15/2011 3:14:50 AM PDT by BinaryBoy (Stuck with a local RINO? Regardless of who you vote for, donate $$$ to a different district.)
[ Post Reply | Private Reply | To 34 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson