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Reid: ‘Even the tea party’ supports 5 percent tax increase on millionaires
Yahoo ^ | 10/05/11 | Nicholas Ballasy

Posted on 10/05/2011 12:10:45 PM PDT by Libloather

Reid: ‘Even the tea party’ supports 5 percent tax increase on millionaires
By Nicholas Ballasy | The Daily Caller – 1 hr 41 mins ago

Senate Majority Leader Harry Reid has proposed a 5 percent tax increase on millionaires to pay for President Obama’s jobs bill, arguing that even the tea party supports his proposal.

“More than 50 percent of the tea party and about 75 percent of other people in America agree that we need to do something about this so we’re going to propose to pay for this important jobs legislation by asking people who make more than a million dollars a year to pay 5 percent more to fund job creation to ensure this country’s economic success,” Reid said at the Capitol on Wednesday. “Independents, Democrats and Republicans and even the tea party agree it’s time for millionaires and billionaires to pay their fair share of taxes.”

The problem, Reid said, is that none of the Republicans who support tax increases on millionaires are in the Senate.

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


TOPICS: Crime/Corruption; Extended News; Government; News/Current Events
KEYWORDS: millionaires; reid; taxes; teaparty
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To: NativeNewYorker

Even the Simpsons will be out of work soon.

LLS


21 posted on 10/05/2011 12:26:52 PM PDT by LibLieSlayer (Is the person that you support a Crony Capitalist... A.K.A. CRAPITALIST?)
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To: Libloather
What planet does Reid live on?

The problem lies not solely in the issue of taxing “millionaires”.

It lies in the realm of the government being unable to live within its budget - as we all must do individually. Emergencies are emergencies, but otherwise, they need to curtail spending and live prudently.

In the current climate, if the GOP approves ANY tax increases, the Obama Administration and the Senate Democrats will spend the money and use it to incur ADDITIONAL debts.

And if anyone thinks taxing “millionaires” will satisfy them, they are sadly mistaken. As time marches on, the definition of what constitutes a “millionaire” will become broader and broader. Frankly, if the taxed all the millionaires ON EARTH 100%, it STILL would be insufficient to sate their appetite for MORE MONEY.

22 posted on 10/05/2011 12:28:44 PM PDT by ZULU (DUMP Obama in 2012)
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To: Libloather
Senate Majority Leader Harry Reid has proposed a 5 percent tax increase on millionaires to pay for President Obama’s jobs bill, arguing that even the tea party supports his proposal.

Help me here Harry, give me ONE Tea Party supporter that supports this travesty.

No? Ok, don't let me be the first to call you a liar, or...

Harry, you were a boxer at one time, right? Let's meet at a neutral location, you and I, to have it out. One more thing, I'm your age. Let's have some fun Harry.

5.56mm

23 posted on 10/05/2011 12:30:25 PM PDT by M Kehoe
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To: Libloather

Hey! Let’s play ‘name the Dems that didn’ pay their taxes’!

Tom Daschle Charlie Rangel Timothy F. Nancy Killefer Geithner Al Franken...


24 posted on 10/05/2011 12:30:59 PM PDT by Beowulf9
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To: Libloather
More than 50 percent of the tea party and about 75 percent of other people in America agree that we need to do something about this

Harry, what is the "this" you are talking about? It certainly isn't a tax on millionaires.

Harry Reid. . .yet another liberal who lies every time his lips move.

25 posted on 10/05/2011 12:32:48 PM PDT by MEGoody (Ye shall know the truth, and the truth shall make you free.)
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To: Libloather

Why would the Tea Party support a tax to pay for a bill that the President insists is already fully paid for?


26 posted on 10/05/2011 12:43:43 PM PDT by ltc8k6
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To: Libloather

Harry: I live in your wretched state of Nevada & you certainly do NOT speak for me.


27 posted on 10/05/2011 12:45:26 PM PDT by ridesthemiles
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To: Libloather
Reid said at the Capitol on Wednesday. “Independents, Democrats and Republicans and even the tea party agree it’s time for millionaires and billionaires to pay their fair share of taxes.”

Wow.

They aren't even pretending to try anymore.

28 posted on 10/05/2011 12:47:47 PM PDT by E. Pluribus Unum ("Government does not solve problems; it subsidizes them." --Ronald Reagan)
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To: Libloather

DC definition of a Millionaire = Any couple making $250,000 combined annually. Think that makes you short of a million especially after taxes.


29 posted on 10/05/2011 12:55:14 PM PDT by BlowNegative (The Thing about Silent Warfare - Don't leave footprints)
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To: choctaw man
Not being a psychiatrist, I could use some instruction.
Can psychopathic disorder develop into psychosis? There can be no other explanation than that this guy is nuts, meshuga, crazy.
30 posted on 10/05/2011 12:57:57 PM PDT by stormhill
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To: Hoodat

I agree with you 100%

The elitest snobs don’t want new rich people.

I would love to see a bill like you propose just to see Buffett, Obama, Reid and the Hollywood lefties go bananas against it.

First, reduce federal spending back to pre-911 levels and require the one time “wealth” tax to go to pay down the debt. See harry reid run.


31 posted on 10/05/2011 12:58:54 PM PDT by FreeAtlanta (Fight for Liberty)
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To: Beowulf9

Lets play a better game.

Name the Dims who paid their taxes.


32 posted on 10/05/2011 1:04:53 PM PDT by BenKenobi (Honkeys for Herman! 10 percent is enough for God; 9 percent is enough for government)
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To: Libloather

Not me Harry.

Please produce even one TEA (Taxed Enough Already) party member who wants more taxes.


33 posted on 10/05/2011 1:07:39 PM PDT by kidd
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To: Libloather

Why would I believe anything a mob connected criminal like Harry Reid has to say?


34 posted on 10/05/2011 1:18:46 PM PDT by TigersEye (Life is about choices. Your choices. Make good ones.)
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To: Libloather

YOU LIE.


35 posted on 10/05/2011 1:23:21 PM PDT by ully2
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To: BenKenobi

“Lets play a better game.

Name the Dims who paid their taxes.”

Well, I was trying to start a game in which a lot of people can play;)


36 posted on 10/05/2011 1:29:52 PM PDT by Beowulf9
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37 posted on 10/05/2011 1:30:23 PM PDT by TheOldLady (FReepmail me to get ON or OFF the ZOT LIGHTNING ping list)
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To: Libloather

Well, if there is anyone left who needs proof that Reid is a liar, that should do it!


38 posted on 10/05/2011 1:47:53 PM PDT by c-five
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To: Libloather
Wow!! Is The Tea Party in their heads or what??
39 posted on 10/05/2011 3:41:11 PM PDT by freedomtrail (EEOC- Eventual Elimination Of Caucasians)
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To: choctaw man

ATA: Nearly 10,000 Airline Job Cuts Likely If Taxes Imposed

Posted: October 5th, 2011 09:40 AM CDT

Nearly 10,000 Airline Job Cuts Likely If Taxes Imposed

PR Newswire

WASHINGTON, Oct. 4, 2011

WASHINGTON, Oct. 4, 2011 /PRNewswire-USNewswire/ — The Air Transport Association of America (ATA), the industry trade organization for the leading U.S. airlines, today warned that nearly 10,000 airline industry jobs could be cut within one year if two new proposed passenger security and airline departure taxes are implemented. More broadly, nearly 181,000 jobs could be lost across the economy related to reductions in aircraft manufacturing, airports and supporting businesses, according to a new study....

http://www.airportbusiness.com/onlin...r.jsp?id=47931


40 posted on 10/05/2011 3:57:48 PM PDT by KeyLargo
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