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Pelosi: Tax rates must go up on rich
Politico ^ | 11/18/12 | SEUNG MIN KIM

Posted on 11/18/2012 11:21:31 AM PST by Libloather

Pelosi: Tax rates must go up on rich
By SEUNG MIN KIM | 11/18/12 10:30 AM EST

**SNIP**

“The president made it very clear in his campaign that there is not enough -- there are not enough resources,” Pelosi said in an interview aired Sunday on ABC's “This Week.

“Just to close loopholes is far too little money … If it's going to bring in revenue, the president has been very clear that the higher income people have to pay their fair share.”

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


TOPICS: Crime/Corruption; Extended News; Government; News/Current Events
KEYWORDS: fairshare; pelosi; rates; rich; taxes
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Is this idiot still in charge of something?
1 posted on 11/18/2012 11:21:41 AM PST by Libloather
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To: Libloather

Yes, and I am so tired of hearing that “fair share” crap. It never ends with these people.


2 posted on 11/18/2012 11:24:09 AM PST by txnativegop (Fed up with zealots)
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To: Libloather

Does that tax increase include Pelosi?


3 posted on 11/18/2012 11:25:43 AM PST by kitkat
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To: Libloather

And, when some disillusioned soul at CNN, MSNBC, Comedy Central or the alphabet MSM finally wonders why, even when they took all the rich peoples’ incomes, it still isn’t enough even to cover the deficit what will they think? Take all their investments? How? Take their retirements? How do you single that out from the rest? Eggsackly, you don’t...be afraid, very afraid what they’ll end up doing to pay for that leech heifer you see in Walmart spending your money on ding dongs, beer, steaks, cheesedoodles and nachos...


4 posted on 11/18/2012 11:25:53 AM PST by Gaffer
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To: Libloather
Democrat theft of what does not belong to them becoming more brazen every day.

There will be an accounting one day, I hope Old Nancy is still around to see it.

5 posted on 11/18/2012 11:27:39 AM PST by skeeter
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To: Libloather

6 posted on 11/18/2012 11:28:52 AM PST by conservativeimage.com (I don't blame Pelosi. I blame America.)
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To: Libloather

Go for it. Own it. Tax your stupid hollywood friends at 70%. Tax them all and see if it makes a dent. I couldn’t care less. I’ve been working 40 years, making the right choices. I just bought my retirement bunker and my husband and I set ourselves up with plenty of room for family if TSHTF. Going Galt at the end of 2013. Not subsidizing deadbeats any more. Don’t care what happens to any of them. I’m through catching that 6:30 a.m. train, commuting and stressing at work. For what? So obama can redistribute it to lazy deadbeats? As a baby boomer, I’m done.


7 posted on 11/18/2012 11:28:56 AM PST by jersey117
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To: Libloather

Step #1 to fix the deficit...have the IRS seize all but $100,000 of the Pelosi *household’s* (husband *and* wife) net worth and *all* of that household’s gross income over $80K/yr...in perpetuity.Also,that household,in future can never have a net worth over $100K...anything in excess will be seized by the IRS.


8 posted on 11/18/2012 11:29:43 AM PST by Gay State Conservative (Benghazi: What Did Baraq Know And When Did He Know It?)
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To: Libloather

Typically, if you were a rich guy and someone came up to legally take money from you...that means you don’t have as much to invest (in the stock market) or to spend (houses, cars, watches, art, etc). So you lessen your spending, and you lessen your investments, and you lessen your donations to charities. So the government ends up with less money in a year when they come around to collect again. And with charities having less, the needy will utterly dependent on the government resources. It’s a pretty logical assumption about where this goes next.


9 posted on 11/18/2012 11:30:40 AM PST by pepsionice
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To: Libloather

If you have a job. You must pay income tax. period. No getting more back than you paid in.

No W2 or 1099 from the year before? No vote.

The takers have taken over. At this point the only way I see to stop them from taking everything I have is to join them or cut back to the point where they get hardly a thing from me.

Since I won’t join um. Next year I am going to half my income. Means no vacations or newer cars.. But I don’t care. Eff the takers.


10 posted on 11/18/2012 11:31:00 AM PST by cableguymn (The founding fathers would be shooting by now..)
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To: Libloather

“...president has been very clear that the higher income people have to pay their fair share.”

So, they should be getting a tax cut then.


11 posted on 11/18/2012 11:31:49 AM PST by SaxxonWoods (....Let It Burn....)
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To: Libloather
higher income people have to pay their fair share.”

Be careful of what you wish for , Nancy. A jury of your peers may one day conclude your "fair share" is down to the last dime.

12 posted on 11/18/2012 11:33:10 AM PST by gusopol3
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To: SaxxonWoods

when is the bottom of the income earners going to pay THEIR FAIR SHARE?!?!??!?!


13 posted on 11/18/2012 11:33:34 AM PST by cableguymn (The founding fathers would be shooting by now..)
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To: Libloather
There were quite a few “millionaires” back in 2008. As a matter of fact, more than 321,000 returns were filed with adjusted gross incomes of $1 million or more. The problem is, even if we confiscated every single dime they made in 2008, the federal government would only be able to operate through April 11. That’s 111 days.
14 posted on 11/18/2012 11:34:03 AM PST by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: Libloather

It will go up on Jan. 2, for everyone.


15 posted on 11/18/2012 11:34:40 AM PST by tobyhill
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To: Libloather

the house and senate will exempt the political class, mafia bosses and the owners of the MSM of any new taxes they impose on the rest of Americans.


16 posted on 11/18/2012 11:35:49 AM PST by drypowder
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To: Libloather
Pelosi: Tax rates must go up on rich

Says one of the richest Congress members. Somehow I doubt the increases will affect her bottom line.

17 posted on 11/18/2012 11:35:59 AM PST by hattend (Firearms and ammunition...the only growing industries under the Obama regime.)
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To: Libloather

But, of course, congress will be excluded, just like with all the other laws they’ve foisted upon us.


18 posted on 11/18/2012 11:36:20 AM PST by crosshairs (Hurricane Barry is 1000 times more destructive than Hurricane Sandy.)
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To: Gaffer
"And, when some disillusioned soul at CNN, MSNBC, Comedy Central or the alphabet MSM finally wonders why, even when they took all the rich peoples’ incomes, it still isn’t enough even to cover the deficit what will they think?"

They'll follow their doctrine into oblivion, just like the Bakers Union did to Hostess. Atlas Shrugged provided a frighteningly accurate picture of our future.

19 posted on 11/18/2012 11:36:49 AM PST by uncommonsense (Conservatives believe what they see; Liberals see what they believe.)
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To: cableguymn
when is the bottom of the income earners going to pay THEIR FAIR SHARE?!?!??!?!

Simple answer to that is "NEVER EVER" while Baraq O'Clause is in the WH and the RATS are running the Santa Clause Administration.
20 posted on 11/18/2012 11:37:17 AM PST by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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