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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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Not me. How about a 5 percent cut in deficit spending?
1 posted on 10/05/2011 12:10:54 PM PDT by Libloather
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To: Libloather

Senate Majority Leader Harry Reid: as crooked as a barrel of snakes.


2 posted on 10/05/2011 12:12:05 PM PDT by choctaw man (Good ole Andrew Jackson, or You're the Reason God Made Oklahoma...)
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To: Libloather

What a liar.


3 posted on 10/05/2011 12:12:29 PM PDT by albie
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To: Libloather

Reid is an idiot communist liar!


4 posted on 10/05/2011 12:13:34 PM PDT by Jim Robinson (Rebellion is brewing!! Impeach the corrupt Marxist bastard!!)
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To: Libloather

How is he qualified to speak for the Tea Party?


5 posted on 10/05/2011 12:14:15 PM PDT by Darteaus94025
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To: Libloather

I am calling his office now to tell him that he speaks for no one and that his party is corrupt.


6 posted on 10/05/2011 12:14:48 PM PDT by TheBigIf
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To: Libloather

The Audacity of Hope®


7 posted on 10/05/2011 12:18:05 PM PDT by Noamie
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To: Libloather

8 posted on 10/05/2011 12:18:30 PM PDT by NativeNewYorker (Freepin' Jew Boy)
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To: Libloather
They're not taxing millionaires. They're taxing people trying to become millionaires. More protection for the status quo elitists.

Submit a bill which will tax 5% of the net wealth (not income) of anyone worth over $1 million, and see what millionaire Harry Reid has to say about that one.

9 posted on 10/05/2011 12:18:30 PM PDT by Hoodat (Because they do not change, Therefore they do not fear God. -Psalm 55:19-)
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To: All

How about a 5% reduction in all government workers pay, starting with the Senate & Congress???

Why do we let Reid “frame” the argument.

There’s plenty of money all ready in the system, it’s just going to the platinum plated, unsustainable salaries and massive benefits of “public servants”.

When did “they” become the masters and us the slaves?


10 posted on 10/05/2011 12:20:11 PM PDT by OhhTee5
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To: Libloather
Reid: ‘Even the tea party’ supports 5 percent tax increase on millionaires

You lie!! You old sack of Nevada fossilized crap!

11 posted on 10/05/2011 12:21:42 PM PDT by The Cajun (Palin, Free Republic, Mark Levin, Rush, Hannity......Nuff said.)
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To: Libloather

“even the tea party agrees...”....Uhhh, excuse me, Dingbat Harry, but TEA stands for “taxed enough already” so I think you’re a liar!


12 posted on 10/05/2011 12:21:42 PM PDT by NRA1995 (Obama's presidency is shovel-ready; let's bury it in 2012!)
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To: Libloather

Hey Reid: Not Me.


13 posted on 10/05/2011 12:21:56 PM PDT by Rapscallion (This administration is so bad even their corruption is incompetent)
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To: Libloather

Hey Ried, All bills of appropriation must orginate in the House. Please reread the Constitution and educate yourself.


14 posted on 10/05/2011 12:22:32 PM PDT by taxcontrol
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To: Libloather

It would be interesting to know how much additional revenue this 5% surcharge would bring in. Has anyone done the calculations?


15 posted on 10/05/2011 12:22:40 PM PDT by jonrick46 (2012 can't come soon enough.)
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To: Libloather

FFS. How do these people say things like this without breaking-down and laughing hysterically?


16 posted on 10/05/2011 12:22:49 PM PDT by Spruce
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To: Libloather

How about a 5% across-the-board cut in ALL federal spending first!


17 posted on 10/05/2011 12:23:49 PM PDT by DTogo (High time to bring back the Sons of Liberty !!)
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To: Libloather

I support kicking Dingy Harry in his big, pinky butt.. Of course I insist on a hermetically sealed boot first.


18 posted on 10/05/2011 12:25:13 PM PDT by prisoner6 (Right Wing Nuts bolt Thsese Constitution together as the loose sicianscrews of the Left fall out!)
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To: Libloather

reid... you are a satanic liar and not even a good one... you mobbed up pos communist.

LLS


19 posted on 10/05/2011 12:25:32 PM PDT by LibLieSlayer (Is the person that you support a Crony Capitalist... A.K.A. CRAPITALIST?)
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To: Libloather

I really love the way these democrat leaders just pull statistics out of their rear ends and present them as gospel truth.

2012 can’t come soon enough.


20 posted on 10/05/2011 12:26:23 PM PDT by SandyInSeattle (When life gives you lemons, throw them back and demand chocolate.)
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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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To: Libloather

The Reid tax on millionaires will raise about $20 billion.

$20 BLLION.

That will pay for less than half a day’s spending by the democrats. Ten Solyndras.

They increased our debt by $162 billion in the past 3 days alone:

Total US Debt Update: $14.86 Trillion; $162 Billion Increase In Three Days; 98.9% Debt/GDP
http://www.zerohedge.com/news/total-us-debt-update-1486-trillion-162-billion-increase-three-days

So go ahead Harry, pass your pisser surtax. Then what? Pass another? And another?


41 posted on 10/05/2011 8:13:48 PM PDT by silverleaf (Common sense is not so common - Voltaire)
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To: Libloather

Harry Reid; Lies like rug.


42 posted on 10/05/2011 8:16:57 PM PDT by Harmless Teddy Bear (*Philosophy lesson 117-22b: Anyone who demands to be respected is undeserving of it.*)
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To: jonrick46

$20 Billion

as reported tonight by Harvard economist appearing with Cavuto on Fox Business


43 posted on 10/05/2011 8:17:11 PM PDT by silverleaf (Common sense is not so common - Voltaire)
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To: Libloather

Oh, five percent! I thought it was five cents.

Nah, I can’t support that.


44 posted on 10/05/2011 8:19:22 PM PDT by ROCKLOBSTER ( Celebrate Republicans Freed the Slaves Month.)
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To: choctaw man

I was going to say, what was he smoking?


45 posted on 10/05/2011 8:41:08 PM PDT by Grey Eagle
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To: Libloather

46 posted on 10/05/2011 8:49:36 PM PDT by Manic_Episode (Some mornings, it's just not worth chewing through the leather straps...)
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Lets cut government spending Harry. Lets start with the Congressional Pension Program by eliminating it entirely. Then we won’t need term limits :>}


47 posted on 10/05/2011 9:00:47 PM PDT by cva66snipe (Two Choices left for U.S. One Nation Under GOD or One Nation Under Judgment? Which one say ye?)
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To: Libloather

Based on the job he’s doing for the Nevada economy, Reid has less than zero credibility when speaking about the Tea Party.


48 posted on 10/05/2011 10:42:44 PM PDT by Post Toasties (Leftists give insanity a bad name.)
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To: jonrick46
It would be interesting to know how much additional revenue this 5% surcharge would bring in. Has anyone done the calculations?

I think it would come out to no more than $10 - 20 billion. Negligible compared to the drunken sailor deficit spending of the Democrat Federal Government.

49 posted on 10/05/2011 10:48:30 PM PDT by Post Toasties (Leftists give insanity a bad name.)
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To: Post Toasties

Democrats who are talking about millionaire taxes such as Reid are trying to divert discussion from cutting spending, where the real problem is. There is no way a millionaire tax can make a significant dent on the deficit.


50 posted on 10/05/2011 10:59:26 PM PDT by Post Toasties (Leftists give insanity a bad name.)
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