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Adviser: Obama 100% Committed to Ending Bush Tax Cuts
fox8.com/CNN ^ | July 8, 2012 | Ashley Killough

Posted on 07/08/2012 10:07:04 AM PDT by Free ThinkerNY

(CNN) — A top adviser for President Barack Obama’s re-election campaign said Sunday the president was entirely dedicated to ending the so-called Bush tax cuts for the wealthy at the end of this year.

“He is 100% committed to it,” Robert Gibbs said on CNN’s “State of the Union.”

Obama signed a bill in 2010 to extend the Bush-era tax cuts, citing the need for economic stimulus at the time, but has since vowed he would not permit another extension.

The tax breaks are set to expire in what’s known as the “fiscal cliff,” a package of spending cuts and removal of tax breaks that will take place on January 1 if Congress fails to act. In total, $7 trillion could be taken out from the economy.

Tax breaks that would end include the Bush tax cuts, middle class protection from the Alternative Minimum Tax, and more than 50 “temporary” tax breaks for individuals and businesses that have been on the books for years.

(Excerpt) Read more at fox8.com ...


TOPICS: Front Page News; News/Current Events
KEYWORDS: 2012; bhofascism; democrats; obama; obamatruthfile; taxes; taxratecuts
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1 posted on 07/08/2012 10:07:10 AM PDT by Free ThinkerNY
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To: Free ThinkerNY

You bet he is, he wants all your earnings and tell you what to do because he is all knowing, all wise and knows what’s best for you, little, stupid, taxpayer.

King Obama; dictator, emperor, lord of lords, king of kings, the shadow of God (allah). Wake up, America, November, 2012, he must be defeated.


2 posted on 07/08/2012 10:10:26 AM PDT by john drake
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To: Free ThinkerNY

I see these guys really have no clue.


3 posted on 07/08/2012 10:11:36 AM PDT by WHBates
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To: Free ThinkerNY

It’s time for every member of the TEA Party to “go Galt”. We’ll see how long the freeriding freeloaders in this country survive on their own without somebody else paying their way.


4 posted on 07/08/2012 10:11:36 AM PDT by FlingWingFlyer (Help reduce voter fraud in America! If you see something, say something!)
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To: Free ThinkerNY
In total, $7 trillion could be taken out from the economy.

Well! That will cover half the stimuli...

5 posted on 07/08/2012 10:15:10 AM PDT by null and void (Day 1264 of our ObamaVacation from reality - Heroes aren't made Frank, they're cornered...)
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To: Free ThinkerNY
the president was entirely dedicated to ending the so-called Bush tax cuts for the wealthy at the end of this year.

“He is 100% committed to it,” Robert Gibbs said

No problemo sport, all sane American Citizens are "100% committed" to putting The Won, Hussein Obama The Magnificent, Choom-Choom Prezzy B in the unemployment line to test Nutjob NancyPants theory that unemployment compensation is “good for the economy” because unemployment checks are “job creators”.





In other news, all remaining democrat voters are nuts or commies.

I guess that is really not "news..."

.

6 posted on 07/08/2012 10:19:35 AM PDT by TLI ( ITINERIS IMPENDEO VALHALLA)
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To: Free ThinkerNY

I DARE HIM!!!!!!!!!!!!!!!!!!!!!

The dirty little secret about the Bush Tax Cuts is that most of them went to the middle and lower classes. He’s not about end all of those tax cuts - but the Republicans are TOO STUPID to understand that, so they’ll likely give Obama what he wants, like they always do.

Personally, I’ve always said that if we want a $4T government then WE SHOULD PAY for a $4T government (which, I guess is the case, since the Republicans keep rubber-stamping the president’s budgets and event he old people on this site want “their” money from the government)...so I’m all for ending these tax cuts...and I wouldn’t mind seeing a VAT and $5 gasoline tax too - that would just about get us to the point where MY CHILDREN (and future grandchildren) will not have to be debt slaves for the entire adult lives. It’s time the middle and lower classes starting paying for all the services that they’re stealing now.

Of course the other option is to simply cut the size of government, but that’s hopeless as even the old people on this site would never consider turning Social Security into a means-tested welfare program, which would be the first step in that direction.


7 posted on 07/08/2012 10:20:07 AM PDT by BobL
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To: Free ThinkerNY
"Obama signed a bill in 2010 to extend the Bush-era tax cuts, citing the need for economic stimulus at the time, but has since vowed he would not permit another extension."

Contradictory psychobabble. So we needed it at the time for stimulus and now they are crying for more stimulus but refuse to do what they did before to bring on stimulus?

Hey Gibbs, do you walk to work or carry your lunch?

8 posted on 07/08/2012 10:20:28 AM PDT by mazda77 ("Defeating the Totalitarian Lie" By: Hilmar von Campe. Everybody should read it.)
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To: Free ThinkerNY

A lot of people who are opposed to the “tax cut for the wealthy” will be surprised to learn that they are considered “wealthy.”


9 posted on 07/08/2012 10:23:42 AM PDT by Cowboy Bob (Greed + Envy = Liberalism)
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To: Free ThinkerNY

Obama wants to extend the “Bush tax cuts” for almost everyone. It is just the “rich” that he wishes to soak. And the reality is that these are now the Obama tax cuts.


10 posted on 07/08/2012 10:23:53 AM PDT by kabar
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To: Free ThinkerNY

Fiscal Cliff... here we come.

Taxmageddon lives!


11 posted on 07/08/2012 10:26:28 AM PDT by CPT Clay (Pick up your weapon and follow me.)
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To: Free ThinkerNY

I’m going to close my business in December. I’m 61, still in good health and had planned on several more years of employment. I could always re-open if the situation changes, but I refuse to be victimized by the communist scumbag. I can make it, everything I have is paid for, including my home. Obamacare, and the tax break expiration has convinced me.


12 posted on 07/08/2012 10:27:11 AM PDT by Quickgun (Second Amendment. The only one you can put your hands on.)
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To: Free ThinkerNY

Try: Obama 100% Committed to Ending America as we know it.


13 posted on 07/08/2012 10:27:38 AM PDT by SandRat (Duty - Honor - Country! What else needs said?)
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To: FlingWingFlyer
We’ll see how long the freeriding freeloaders in this country survive on their own without somebody else paying their way.

About 30000 years if they revert to stone-age cannibalism...

14 posted on 07/08/2012 10:28:24 AM PDT by no-s (when democracy is displaced by tyranny, the armed citizen still gets to vote)
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To: Free ThinkerNY

Sorry Obama, you have the power to end the Bush tax cuts for EVERYONE, including tens of millions from the middle class, but it will take an act of Congress to preserve those cuts for everyone but the RICH.


15 posted on 07/08/2012 10:30:56 AM PDT by InterceptPoint (TIN)
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To: Quickgun
I can make it, everything I have is paid for, including my home.

And I suppose all your future property taxes are paid in full?

16 posted on 07/08/2012 10:31:38 AM PDT by null and void (Day 1264 of our ObamaVacation from reality - Heroes aren't made Frank, they're cornered...)
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To: Free ThinkerNY
For the love of god

ANYBODY BUT OBAMA

17 posted on 07/08/2012 10:35:15 AM PDT by CaptainK (...please make it stop. Shake a can of pennies at it.)
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To: Free ThinkerNY
From the article:I swear, I think McConnell has a PhD in "How to be a WIMP!" And it isn't an honorary degree neither.
18 posted on 07/08/2012 10:38:27 AM PDT by upchuck (FACEBOOK... Share pointless stuff with friends you don't know. Beg for intrusion into your life.)
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To: null and void; Quickgun

“And I suppose all your future property taxes are paid in full?”

I doubt he’s paid for his food yet either. That’s not his point - it’s that his future costs are relatively small and manageable, since he isn’t living the opulent, debt-ridden, lifestyle. It’s amazing how little people can live on, if they actually try to live that way.


19 posted on 07/08/2012 10:38:55 AM PDT by BobL
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To: Free ThinkerNY

Obama 100% commited to higher taxes on working Americans

There, fixed it.
20 posted on 07/08/2012 10:39:58 AM PDT by WOSG (REPEAL AND REPLACE OBAMA.)
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To: mazda77

Contradictory psychobabble. So we needed it at the time for stimulus and now they are crying for more stimulus but refuse to do what they did before to bring on stimulus?


This is where the MSM / reporter fail us. In any private enterprise the presenter would be brought to task for this idiocy.


21 posted on 07/08/2012 10:44:58 AM PDT by patriotspride
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To: Free ThinkerNY

And don’t forget the 20+ Obamacare taxes!!!!!!!!!!!!!1

http://confoundedinterest.wordpress.com/2012/06/28/imf-to-discuss-greece-re-negotiating-debt-france-and-us-should-pay-close-attention-particularly-after-supreme-court-upholds-obamacare/


22 posted on 07/08/2012 10:48:21 AM PDT by whitedog57
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To: Free ThinkerNY

“Taxable” income is becoming poison. We will become Greece, regarding the black and gray markets.


23 posted on 07/08/2012 11:06:46 AM PDT by cuban leaf (Were doomed! Details at eleven.)
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To: whitedog57

Boy the choice between Romney and Obama is getting tougher all the time. Now when will Mittens start sounding like a President and less like Richie Cunningham? Man up dude!


24 posted on 07/08/2012 11:09:28 AM PDT by JohnD9207 (Mitt better grow a pair or this thing will be over soon.)
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To: FlingWingFlyer
It’s time for every member of the TEA Party to “go Galt”.

Panama is looking pretty good, what with the benefits they are offering to expats.

25 posted on 07/08/2012 11:12:05 AM PDT by voicereason (The RNC is the "One-night stand" you wish you could forget.)
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To: Free ThinkerNY
Obama needs the freeloader vote to get re-elected, so he is doing everything he can to create more freeloaders. And that takes a lot of money from the producers. It's an effective way to destroy a country.
26 posted on 07/08/2012 11:12:48 AM PDT by Gabrial (The nightmare will continue as long as the nightmare is in the White House)
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To: Free ThinkerNY

.. Obama ...Committed...


I got exited for a second


27 posted on 07/08/2012 11:27:18 AM PDT by Leep (Enemy of the StatistI)
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To: null and void

I can handle property taxes for the foreseeable future.I live on a small ranch-farm here in Tx. I won’t be able to do some of the things I’d like, but that is better than supporting the welfare mommas and the illegals.


28 posted on 07/08/2012 12:03:29 PM PDT by Quickgun (Second Amendment. The only one you can put your hands on.)
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To: voicereason

After reading your post I did some quick research on the net. Wow, I am wondering why in the heck I am not already there.

http://www.directorylistings.info/article/Living+and+Retiring+in+Panama:+The+New+Expatriate+Haven.html

While I am not insanely rich, I am retired and financially okay. I would be living like a King in that financial environment, that is—if I get out of here before Obama and the dems completely break my back. I am 63, so it’s too late for me to rebuild. The insanity needs to stop or I need to leave.

We are going to take a serious look at all of this... it sure sounds good on it’s face. Although I don’t fly well, it would be easy to afford to fly home once a year to visit our family.

Personally, I prefer to stay and fight, but if Obama wins another 4 years, I will be convinced without a doubt, that this country no longer has the gut to be the America that I once knew, served and loved.

Perhaps we will see you on the beach. ;>)


29 posted on 07/08/2012 12:07:25 PM PDT by Gator113 (***YOU GAVE it to Obama. I would have voted for NEWT.~Just livin' life, my way~)
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To: voicereason
Panama is looking pretty good, what with the benefits they are offering to expats.

Don't run. Stand and fight with your countrymen. We're going to need every patriot we can gather in the coming days.

30 posted on 07/08/2012 12:12:39 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: Free ThinkerNY

what better way to end the “Bush recession” than to do away with the “Bush tax cuts”?

sarc

And like overindulgent parents of a teenager having tantrums, Boehner and McConnell will let him get away with it


31 posted on 07/08/2012 12:23:59 PM PDT by silverleaf (Every human spent about half an hour as a single cell)
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To: Windflier

That sounds noble but if over 50 million of my “fellow countrymen” reelect obama, they are not worth fighting for

How about you? Would you die for this US Congress?


32 posted on 07/08/2012 12:28:41 PM PDT by silverleaf (Every human spent about half an hour as a single cell)
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To: BobL

You are correct, I have taken steps in the last few years to try to insure that my wife and I can do OK. I was orphaned at an early age, and my grandparents raised me on a small farm not far from where I live now. They were both born in the late 1880’s,and always lived a very conservative lifestyle. They both lived through 2 world wars and the depression, and knew how to “get by” and enjoy life at the same time.They told me several times that the hardest times for them was WWII, because they had all three of their sons in it.


33 posted on 07/08/2012 12:33:11 PM PDT by Quickgun (Second Amendment. The only one you can put your hands on.)
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To: Free ThinkerNY

Ah yes. More uncertainty for small business and the middle class.

Obama and his Democrat Party are the biggest bunch of idiots to have ever controlled government.


34 posted on 07/08/2012 12:42:38 PM PDT by VeniVidiVici (Congrats to Ted Kennedy! He's been sober for two years now!!)
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To: Quickgun

Good for you. Yea, I think this guy meant well, but was a bit quick to jump the gun. You’ll be fine, as long as the society around you doesn’t collapse for some reason.


35 posted on 07/08/2012 12:55:46 PM PDT by BobL
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To: Free ThinkerNY
All money you Earn MUST go to govt, to support Democrat Party campaigns through public-sector union dues. If you have ANY money left after basic essentials PLEASE - report it to IRS.
36 posted on 07/08/2012 1:03:01 PM PDT by 4Liberty (88% of Americans are NON-UNION. We value honest, peaceful Free trade-NOT protectionist CARTELS)
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To: Free ThinkerNY

Unfortunately, if that happens....we’ll be “100% committed” to downsizing our corporation....by up to 20%

F’in idiots...........


37 posted on 07/08/2012 1:20:56 PM PDT by mo (If you understand, no explanation is needed. If you don't understand, no explanation is possible.)
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To: silverleaf
That sounds noble but if over 50 million of my “fellow countrymen” reelect obama, they are not worth fighting for. How about you? Would you die for this US Congress?

Die for Congress? What sort of harebrained talk is that?

In the first American Revolution, only one third of the colonists supported the cause for independence. Of the entire population, only 3% actually picked up a gun and fired on the British.

Nothing's changed. If we're forced to take our country back by means of last resort, the cowards, the takers, and the ignorant, will far outnumber the patriots who risk everything on their behalf.

38 posted on 07/08/2012 1:24:10 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: Free ThinkerNY
Adviser: Obama 100% Committed to Ending Bush Tax Cuts "to the biggest tax increase in the history of the U.S."
39 posted on 07/08/2012 1:25:40 PM PDT by EGPWS (Trust in God, question everyone else)
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To: Windflier

And if George Washington’s gang had been too bummed out about this state of affairs to act, nothing would have been done. There wouldn’t have been even a first chance for America.


40 posted on 07/08/2012 1:27:17 PM PDT by HiTech RedNeck (let me ABOs run loose, lew)
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To: BobL

Are house trailers taxed?


41 posted on 07/08/2012 1:28:39 PM PDT by HiTech RedNeck (let me ABOs run loose, lew)
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42 posted on 07/08/2012 1:39:52 PM PDT by RedMDer (https://support.woundedwarriorproject.org/default.aspx?tsid=93destr)
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To: BobL

>> even the old people on this site would never consider turning Social Security into a means-tested welfare program

How exactly would you go about it, keeping in mind that many of us have paid into the fund for our entire lives with the understanding that SS was a *retirement plan* we were funding, not a welfare benefit?

I don’t disagree with your logic, but I am curious if you have thought it through beyond the rant stage.

(Myself, I am planning my late-life finances as though social security did not exist. And, I have adjusted my compensation so I pay as little INTO SS as is legally possible.)


43 posted on 07/08/2012 1:54:04 PM PDT by Nervous Tick (Trust in God, but row away from the rocks!)
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To: Windflier
Don't run. Stand and fight with your countrymen. We're going to need every patriot we can gather in the coming days.

Every smart strategy includes a fallback position. It is also a way to insulate to the wife and kids should the SHTF, and until the dust settles.

44 posted on 07/08/2012 2:02:28 PM PDT by voicereason (The RNC is the "One-night stand" you wish you could forget.)
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To: Nervous Tick

“How exactly would you go about it, keeping in mind that many of us have paid into the fund for our entire lives with the understanding that SS was a *retirement plan* we were funding, not a welfare benefit?”

Me included - my kids are finishing college, so I’ve got a few decades in the workforce myself. My point is that there is NO WAY we are ever going to get these people to sacrifice and give up on their myth that there’s a lockbox out there with their name on it...So we just might as well bring our level of taxation up to what we’re spending...it’s either that or a total economic collapse of this country (much worse than Greece) - and that I do not want.

“I don’t disagree with your logic, but I am curious if you have thought it through beyond the rant stage.”

Sorry about the rant - I have to explain this nightmare to my kids. I just prefer to give my kids a still-functioning country, even with twice our level of taxation, rather than a scene out of a Mad-Max movie. They can (and will have to) adjust their lifestyles to keep feeding money to the old people, so they’ll just have to live in smaller houses (or apartments), travel less, eat out less, use less air conditioning, just revert to a simpler lifestyle. They understand the need to pay tribute to these people (after all, they’re outvoted), but it’s just a bit tough on them, because they got to grow up in a totally different country - and maybe that was my fault for spoiling them with an upper middle-class lifestyle - something that will be WAY out of reach for them (due to the debt), even given their excellent college educations.


45 posted on 07/08/2012 2:13:27 PM PDT by BobL
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To: BobL

First of all, I think every American retiree who does not need SS income should not take it. Social Security should be a security net for the unfortunate or stupid.

Second, the govt should stop borrowing 40 cents on every dollar spent TODAY.

Third, lets get this idiot out of the white house.


46 posted on 07/08/2012 2:21:16 PM PDT by Fred911 (YOU GET WHAT YOU ACCEPT)
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To: Fred911

“First of all, I think every American retiree who does not need SS income should not take it. Social Security should be a security net for the unfortunate or stupid.

Second, the govt should stop borrowing 40 cents on every dollar spent TODAY.

Third, lets get this idiot out of the white house.”

The first will take the second a long way - particularly if you also require their children to help take care of them (if the kids have the means). The third one...we can only hope.


47 posted on 07/08/2012 2:27:54 PM PDT by BobL
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To: Fred911
I think every American retiree who does not need SS income should not take it

What's your criteria for "need"?

48 posted on 07/08/2012 2:30:09 PM PDT by nascarnation
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To: Gator113

Read here. According to this first hand account of Panama: Crime, raw sewage in the streets, and a government 10X more socialist than Obama.

http://www.topix.com/forum/world/panama/T12S29LMBRUEJ5I96

I’m not debating, just suggesting you look at other opinions.


49 posted on 07/08/2012 2:58:18 PM PDT by Alas Babylon!
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To: FlingWingFlyer
It’s time for every member of the TEA Party to “go Galt”.

Now it is time to get conservatives nominated in every remaining primary, and then get Republicans elected to every office nationwide in November.

If we get GOP control of Congress and the White House then it will be time to demand ambitious conservative reform of the federal government.

If the 'Rats win the election in November, then it will be time to go Galt.

50 posted on 07/08/2012 3:16:25 PM PDT by rogue yam
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