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MILLER: Obama’s massive tax hike
The Washington Times ^ | November 14, 2012 | Emily Miller

Posted on 11/14/2012 5:19:18 PM PST by jazusamo

House Republicans have to stop the president from hurting the economy

Now that he never has to run for election again, President Obama can show his true colors. Mr. Obama made it clear Wednesday he wants to whack Americans with $1.6 trillion in tax increases so that an obese Uncle Sam won’t have to go on a diet. The only thing that can slow down his sharp turn to the left is the House GOP.

“When it comes to the top 2 percent, what I’m not going to do is to extend further a tax cut for folks who don’t need it, which would cost close to a trillion dollars,” Mr. Obama said Wednesday in his first formal domestic news conference since June. He insisted his re-election was a mandate for raising taxes on small businesses and investors, which he called his “guiding principle during these negotiations but, more importantly, during the next four years of my administration.” The president also declared that a “modest tax increase” would not “impinge on business investment.”

Rep. Dave Camp, chairman of the tax-writing House Ways and Means Committee, says that’s not true. “Every report we’ve seen — from employers to the Congressional Budget Office — points to job loss if the president’s proposed tax hike is allowed to take effect,” the Michigan Republican told The Washington Times Wednesday. “In this economy, where people are struggling to find work, how can Washington be in the business of destroying any job?”

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


TOPICS: Business/Economy; Editorial; Government
KEYWORDS: obama; taxes; taxhikes
Sadly the turkey in the WH has four more years, House Repubs have to hunker down and fight.
1 posted on 11/14/2012 5:19:23 PM PST by jazusamo
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To: jazusamo

Why?

The people want it. The republicans in power will only slow the bus down. No matter how you cut it, this bus is going over the cliff. Give Zero what he wants. EVERYTHING he wants. Then he OWNS the mess at the bottom of the cliff.

Get in the way, even a little tiny bit and he will blame YOU for not doing it his way and that is why it failed.


2 posted on 11/14/2012 5:22:07 PM PST by cableguymn (The founding fathers would be shooting by now..)
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To: cableguymn

Sorry, I’m not like the guy in FL that committed suicide and just under half the people who voted don’t want it.


3 posted on 11/14/2012 5:28:24 PM PST by jazusamo ("Intellect is not wisdom" -- Thomas Sowell)
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To: cableguymn
Then he OWNS the mess at the bottom of the cliff.

Nah - it will always be Bush's fault and the MSM will never confront him on that.

4 posted on 11/14/2012 5:28:47 PM PST by mollynme (cogito, ergo freepum)
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To: jazusamo

Tax bills must originate and be approved by the House. Nobama can propose, but he can’t enact. I would rather everyone take the hit with the across the board expiration of the current Tax Rates, then have the Republican controlled house give Obama any “fairness” (read class warfare)inspired increases.


5 posted on 11/14/2012 5:31:18 PM PST by LALALAW (one of the asses whose sick of our "ruling" classes)
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To: jazusamo

Starve the beast.

For every dollar in tax hike, pay the tax but also cut personal spending by twice that amount. Set aside the money as cash currency or metals. Close down the economy. Prove to them (his base) who built what.


6 posted on 11/14/2012 5:35:20 PM PST by cicero2k
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To: jazusamo

Thats good.

Go galt.

eff um. the takers have overtaken the producers.


7 posted on 11/14/2012 5:40:45 PM PST by cableguymn (The founding fathers would be shooting by now..)
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To: LALALAW

Well said and agreed plus he won’t get his $1.6 Trillion that way.


8 posted on 11/14/2012 5:42:14 PM PST by jazusamo ("Intellect is not wisdom" -- Thomas Sowell)
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To: jazusamo

Sorry, but the words “hunker down” and “fight” are not words that the current RINOs in Sodom on the Potomac know.


9 posted on 11/14/2012 5:42:46 PM PST by RetiredArmy (November 6, 2012: The day the United States Republic DIED.)
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Please bump the Freepathon or click above and donate or become a monthly donor!

10 posted on 11/14/2012 6:13:18 PM PST by jazusamo ("Intellect is not wisdom" -- Thomas Sowell)
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To: jazusamo

I’m truly surprised that Zer0 only got 51% of the vote.

He should’a gotten all the 47% who pay no taxes, and the next 50 percent that pay taxes, but are happy to stick it to the 2% to increase the other guys higher taxes.

Truly disgusting!


11 posted on 11/14/2012 7:44:17 PM PST by Noob1999 (Loose Lips, Sink Ships)
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To: jazusamo

I’m truly surprised that Zer0 only got 51% of the vote.

He should’a gotten all the 47% who pay no taxes, and the next 50 percent that pay taxes, but are happy to stick it to the 2% to increase the other guys higher taxes.

Truly disgusting!


12 posted on 11/14/2012 7:45:19 PM PST by Noob1999 (Loose Lips, Sink Ships)
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To: jazusamo; cableguymn
I agree with cable guy -- the GOP should make noises but then let it pass as an "Obama tax increase".

Let everyone suffer. Then people will know the consequences of voting D

13 posted on 11/15/2012 12:56:06 AM PST by Cronos (**Marriage is about commitment, cohabitation is about convenience.**)
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To: cableguymn
Get in the way, even a little tiny bit and he will blame YOU for not doing it his way and that is why it failed.

Either way will result in the blame being put on the Repubs - if they "obstruct", any bad stuff is their fault. If they cave, any damage will be blamed on them for that. They have dug themselves such a hole by trying to be "bipartisan" that they need to take their lumps for betraying the conservative sector. In short, we're royally screwed for the foreseeable future.

14 posted on 11/15/2012 4:10:52 AM PST by trebb (Allies no longer trust us. Enemies no longer fear us.)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

House Republicans should tell everyone in all directions to be fruitful and multiply, just not in those words. They’ll be blamed by the Democrats — and by the DIABNs, RINOs, CINOs, and FINOs — for everything that results from the implementation, or rather the CONTINUED implementation of Zero’s agenda, irrespective of how they vote, what they say, or who they’re bangin’ on the side. All that’s missing from the current scenario is a bald guy in a sari pouring gasoline all over himself and lighting himself on fire in front of the Rotunda — but give it time.


15 posted on 11/16/2012 8:57:10 PM PST by SunkenCiv (https://secure.freerepublic.com/donate/)
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