Skip to comments.Reid: ‘Even the tea party’ supports 5 percent tax increase on millionaires
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 Obamas 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 were 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 countrys economic success, Reid said at the Capitol on Wednesday. Independents, Democrats and Republicans and even the tea party agree its 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 ...
Senate Majority Leader Harry Reid: as crooked as a barrel of snakes.
What a liar.
Reid is an idiot communist liar!
How is he qualified to speak for the Tea Party?
I am calling his office now to tell him that he speaks for no one and that his party is corrupt.
The Audacity of Hope®
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.
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?
You lie!! You old sack of Nevada fossilized crap!
“even the tea party agrees...”....Uhhh, excuse me, Dingbat Harry, but TEA stands for “taxed enough already” so I think you’re a liar!
Hey Reid: Not Me.
Hey Ried, All bills of appropriation must orginate in the House. Please reread the Constitution and educate yourself.
It would be interesting to know how much additional revenue this 5% surcharge would bring in. Has anyone done the calculations?
FFS. How do these people say things like this without breaking-down and laughing hysterically?
How about a 5% across-the-board cut in ALL federal spending first!
I support kicking Dingy Harry in his big, pinky butt.. Of course I insist on a hermetically sealed boot first.
reid... you are a satanic liar and not even a good one... you mobbed up pos communist.
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.
Even the Simpsons will be out of work soon.
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.
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.
Hey! Let’s play ‘name the Dems that didn’ pay their taxes’!
Tom Daschle Charlie Rangel Timothy F. Nancy Killefer Geithner Al Franken...
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.
Why would the Tea Party support a tax to pay for a bill that the President insists is already fully paid for?
Harry: I live in your wretched state of Nevada & you certainly do NOT speak for me.
They aren't even pretending to try anymore.
DC definition of a Millionaire = Any couple making $250,000 combined annually. Think that makes you short of a million especially after taxes.
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.
Lets play a better game.
Name the Dims who paid their taxes.
Not me Harry.
Please produce even one TEA (Taxed Enough Already) party member who wants more taxes.
Why would I believe anything a mob connected criminal like Harry Reid has to say?
“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;)
Well, if there is anyone left who needs proof that Reid is a liar, that should do it!
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
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....
The Reid tax on millionaires will raise about $20 billion.
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
So go ahead Harry, pass your pisser surtax. Then what? Pass another? And another?
Harry Reid; Lies like rug.
as reported tonight by Harvard economist appearing with Cavuto on Fox Business
Oh, five percent! I thought it was five cents.
Nah, I can’t support that.
I was going to say, what was he smoking?
Lets cut government spending Harry. Lets start with the Congressional Pension Program by eliminating it entirely. Then we won’t need term limits :>}
Based on the job he’s doing for the Nevada economy, Reid has less than zero credibility when speaking about the Tea Party.
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.
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.