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Geithner: 'Privilege of Being an American' Is Why Rich Need Higher Taxes
WWW.WeeklyStandard.com ^ | 2/24/2012 | Daniel Halper

Posted on 02/24/2012 11:16:26 AM PST by Rudder

"That’s the kind of balance you need," said Geithner. "Why is that the case? Because if you don't try to generate more revenues through tax reform, if you don't ask, you know, the most fortunate Americans to bear a slightly larger burden of the privilege of being an American, then you have to -- the only way to achieve fiscal sustainability is through unacceptably deep cuts in benefits for middle class seniors, or unacceptably deep cuts in national security."

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


TOPICS: Business/Economy; Culture/Society; Front Page News; News/Current Events
KEYWORDS: culturewar; duplicate; geithner; sourcetitlenoturl; tax
Geithner, speaking this morning on CNBC, says the rich must pay more for the privilege of being American. Class warfare is where it's at for Obama, et al. Video at link.
1 posted on 02/24/2012 11:16:38 AM PST by Rudder
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To: Rudder

What do you bet the “rich” will willingly GIVE UP on America if you tax them more than is equitable???? Eh, Geithner? You IDIOT.


2 posted on 02/24/2012 11:19:12 AM PST by goodnesswins (2012..."We mutually pledge our Lives, our Fortunes, and our Sacred Honor")
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To: Rudder

That’s some great logic there, Turbo Timmy.

So, according to you, the poor need higher taxes because they also have the privilege of being American.


3 posted on 02/24/2012 11:20:00 AM PST by Ghost of Philip Marlowe (Prepare for survival. (Ron Paul is the Lyndon Larouche of the 21st century.))
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Comment #4 Removed by Moderator

To: Rudder
Isn't this the same fella who seemed to have difficulty over the years with Turbotax,a product that walks you through the process that millions of average Americans can successfully do?
5 posted on 02/24/2012 11:20:12 AM PST by LMAO ("Begging hands and Bleeding hearts will only cry out for more"...Anthem from Rush)
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To: Rudder

Good. Does this mean he’s going to start paying his taxes now?


6 posted on 02/24/2012 11:20:22 AM PST by No Socialist
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To: Rudder

Geithner, the poster child of privilege.


7 posted on 02/24/2012 11:21:06 AM PST by Tijeras_Slim
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To: No Socialist

I wish this country was back to the days where the Obamas or Geithners were put on trial for treason like they deserve.


8 posted on 02/24/2012 11:21:43 AM PST by bigdirty
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To: Rudder

The TAX CHEAT speaks.


9 posted on 02/24/2012 11:22:40 AM PST by Eric in the Ozarks (Beware the Sweater Vest)
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To: Rudder

Tim Geithner couldn’t count his balls and get the same number twice.


10 posted on 02/24/2012 11:22:52 AM PST by Beave Meister (Die Hard Cubs Fan.....if it takes forever.)
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To: Rudder

...so is Timmy finally going to pay his taxes?

Didn’t think so.

Just another day in Obamaland....


11 posted on 02/24/2012 11:23:41 AM PST by Tzimisce (Never forget that the American Revolution began when the British tried to disarm the colonists.)
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To: Rudder

From each accourding to his ability, to each according to his need, Comrade.


12 posted on 02/24/2012 11:26:06 AM PST by Marathoner (In the 80s we had Reagan, Johnny Cash and Bob Hope. Now we have Obama, no cash and no hope.)
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To: Marathoner

Right, does that mean that if “the rich” don’t “pay their fair share” that their American Citizenship can/will be stripped??? Just asking.


13 posted on 02/24/2012 11:29:46 AM PST by coincheck (Time is Short, Salvation is for Today)
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To: Rudder

So this ass clown said, “the only way to achieve fiscal sustainability is through unacceptably deep cuts in benefits for middle class seniors, or unacceptably deep cuts in national security.”

Middle class Seniors or National Security.

Words fail me.


14 posted on 02/24/2012 11:29:46 AM PST by WakeUpAndVote
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To: Rudder
like Obama, Geithner spent most of his childhood in other countries and didn't grow up here. Both have parents that worked for the Ford Foundation.

They both seem to have a grudge against America, and some perceived unfairness.

15 posted on 02/24/2012 11:31:10 AM PST by opentalk
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To: goodnesswins

The Constitution is the document that would limit government action against its citizens, but we have a President that believes it is a ‘charter of negative liberties’.
Without common understanding of government between citizens, we have no nation, just a place to live.


16 posted on 02/24/2012 11:33:35 AM PST by griswold3 (Big Government does not tolerate rivals.)
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To: Marathoner

That worked so well, didn’t it?


17 posted on 02/24/2012 11:34:42 AM PST by griswold3 (Big Government does not tolerate rivals.)
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To: Rudder

This coming from a tax cheat!


18 posted on 02/24/2012 11:35:10 AM PST by KansasGirl
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To: Beave Meister
Tim Geithner couldn’t count his balls and get the same number twice.

FTW.

That one had me guffawing.

19 posted on 02/24/2012 11:35:48 AM PST by Hemingway's Ghost (Spirit of '75)
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To: Rudder

The guy’s fulla sh*t, plain and simple.

The rich DO pay more - and a helluva lot more, too.

ANY percentage of a million bucks is gonna be astronomical when compared to the same percentage of fifty or eighty thousand.

And supposing I’m rich - what am I getting out of my tax dollar that Joe Shmoe isn’t getting for far less?

In fact, Joe Shmoe is almost certainly getting more in terms of government goods and services.

Marxist reasoning is fallacious reasoning.

In fact, this whole line - that we hear so often from government commissars - is purest bullsh*t.

It’s nothing but a lie perpetuated to justify the purchase of Joe Shmoe’s vote - and at a steep discount, too.


20 posted on 02/24/2012 11:38:42 AM PST by Jack Hammer
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To: Rudder

Geitner: “...slightly larger burden...”

Like from paying 70 percent of all income taxes to say, 85 percent?

In democrat math, that’s only a fifteen percent increase...

Like when they say going from 33 percent to 36 percent is only a three percent rise, not 8.3 percent. Get it?

No? What, are you home-schooled or something?


21 posted on 02/24/2012 11:38:50 AM PST by SargeK
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