Posted on 9/19/2011, 4:38:39 PM by tobyhill
President Obama’s idea for a millionaire tax is hardly new. It’s a favorite idea in cash-strapped Democratic states like Maryland and New York and some version of it has been part of Obama’s economic agenda since his candidacy.
Obama is doing something different today, though, as he proposes a 4.5 percent surtax on those with incomes over $1 million in addition to his plan to raise taxes on individual incomes over $200,000 and reduce charitable deduction rates for high earners.
What’s different is the timing.
Obama kicked off his fall campaign swing two weeks ago today with a Labor Day speech at an AFL-CIO rally, followed up with an address to a joint session of Congress and then an aggressive swing-state schedule. His goal, repeated again and again, is to cast himself as an activist on jobs compared to a Congress that won’t act.
His explicit threat is that while the economy may not be getting better, voters will know it’s the Republicans’ fault. It was a strategy that initially thrilled the president’s supporters – the kind of in-your-face, confrontational style that they have long urged Obama to adopt.
The problem, though, has been that the president’s stimulus plan has mostly received a bipartisan shrug in Congress. When the best Obama can get as an answer to “pass this bill today” from Sen. Dick Durbin, the number two Senate Democrat, and longtime friend and home state senator is, “sometime next month” one gets the sense that the blue team is not feeling the fierce urgency of now.
(Excerpt) Read more at foxnews.com ...
You would think that idiot would learn something
Wonder if Obama knows what happened to the last Democrat that ran on promise of increased taxes?
There are times I look at Obama and say, “Where did the Republicans find this guy?”
THE FIERCE URGENCY OF NEXT MONTH, after vacation...
Democrats could give a damn less about CREATING JOBS..
This is about owning the ISSUE for the campaign, and nothing else.
To some extent I think he may know he’s going down and he’s just preparing himself a soft-landing, lucrative job and/or cache with the left-wing money for his days as an ex-president. He’ll be even more ubiquitous than Carter or Clinton.
yeah he looks like a secret republican plant to make democrats look stupid and lose districts they’ve held for 90 years.
oh and btw...
AttackWatch!
“and reduce charitable deduction rates for high earners. “
which would absolutely destroy charities that actually help the poor
pretty much sums up Obama - punish success
Glad to see mention of the People’s Republic of Maryland, a democrat-controlled, surveillance-ridden, PC, sanctuary state.
Yeah, that will be our curse. Obama, the ex-president, will NEVER go away. He will be everywhere and comment on everything, all the time!
Oh gawd. Imagine in late 2013 when the economy is reviving again (thanks to saner and lesser government regulations and major revisions to the tax code) Obama is still stumping around with his message. It could make me want to barf up the meal I just ate.....
How many times did Barry the Imposter tell us during his overly-long campaign for the 2008 election that he would NEVER raise taxes on persons who earn less than $250,000????
That's the European work pattern -- little actual work, lots of vacation time.
I wonder how this is setting with his glitterati friends in Hollywood who routinely take in millions of dollars for reading what someone else wrote and pretending they are what they really are not...and never could be? Bet they will start forming even more Swiss/Cayman/offshore corporations to shield their income. The Brit actors did it years ago...why not the USA pretenders?
A humiliating one-term loss is needed or the media will annoint him king of the world.
Actually, even with a humiliating one-term loss the media will rehabilitate them if they could.
America decided Carter couldnt cut the mustard after we got the hostage crisis going on and on...
the debt crisis and he latest flailing is equivalent.
But only WE can defeat Obama.
“There are times I look at Obama and say, “Where did the Republicans find this guy?” “
LOL
You are mocking The One, I’m reporting you to #attackwatch
He’s surrounded and shielded by people of like mind. I bet they filter all information to him. And he barely works or seems concerned about his job as it is. He probably never even hears of opposition to his plans.
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