Pelosi: Tax rates must go up on rich

Politico ^ | 11/18/12 | SEUNG MIN KIM

[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.”

[YukonGreen]

She is pushing for tax on millionaires but is pushing that closing the tax loop holes won’t bring in that much money. She is against closing the loop holes to protect she and her husband. Wonder what their tax rate is?

[2001convSVT]

Well said, I feel the same way and am planning to do the same thing. All the best on your future success.

[proudCArepublican]

Good Nancy and I hope you are the first one that has to pay a big tax bill...... silly me you make the laws that protect all the leaders in Washington so not even you will get taxed big like you should. Just like with health care you all want to shove it down the Americans throats but you wont be covered under the same crappy health care you expect all of us to be under.
Nancy Pelosi is very, very , very, rich why do these rich democrats continue to attack the rich.

[E. Pluribus Unum]

товарищ Pelosi advocating Plank #2 of the Communist Manifesto.

The Ten Planks of Karl Marx's Communist Manifesto
(and How Statists Implement Them)

1. Abolition of private property rights (via high property taxes, restrictive zoning laws, "fair housing" edicts, environmental and "wetlands" regulations, UN Agenda 21, etc.)

2. Institution of a heavily graduated income tax (by calling it "taxing the rich")

3. Abolition of all rights of inheritance (through a confiscatory estate tax on "the rich")

4. Confiscation of the property of enemies of the state (through lawless application of asset forfeiture and eminent domain)

5. Centralization of credit into the hands of the state (Federal Reserve, Federal Trade Commission, TARP, Fannie Mae, Freddie Mac, federal takeover of student loans, etc.)

6. Centralization of the means of communication and transportation into the hands of the state (FCC, DOT, FEMA, NTSB, FAA, etc.).

7. Consolidation and subjugation of all major industries to central government control (FDA, EPA, OSHA, ICC, HUD, NLRB, EEOC, DOE, TSA etc.)

8. Mandatory labor union membership ("card check" to bypass employee consent, automatic withholding of union dues, forced unionization of health care workers, teachers, police, firefighters, etc.)

9. Equitable redistribution of all wealth (TANF, SSI, EITC, SNAP, etc.)

10. Free public education (and food, housing, health care, cell phones, Internet access, etc.)

[St_Thomas_Aquinas]

She is against closing the loop holes to protect she and her husband.

I guess she's crazy, but not stupid.

[Amendment10]

I probably need to start a separate thread concerning major constitutonal problems with the unconstutional federal policies being inspired by Obama, Reid and Pelosi and activist justices. In the meanwhile, here is some material that I previously posted in a related thread concerning taxing the rich.

Regarding the rich paying taxes, consider that Thomas Jefferson had noted that, in his time, the rich uniquely paid the all the taxes that the feds needed to run the government.

"The rich alone use imported articles, and on these alone the whole taxes of the General Government are levied (emphasis added). … Our revenues liberated by the discharge of the public debt, and its surplus applied to canals, roads, schools, etc., the farmer will see his government supported, his children educated, and the face of his country made a paradise by the contributions of the rich alone, without his being called on to spend a cent from his earnings." --Thomas Jefferson to Thaddeus Kosciusko, 1811.

Also note that that most of the delegates to the Constitutional Convention were wealthy, George Washington, the president of the Convention, actually one of the richest men in the country at that time. So when the rich delegates signed the Constitution they knew what they were getting themselves, their rich friends, and all other wealthy people in the country into.

However, and this is a big one, note that in the early days of the USA, Congress probably taxed and spended only for what it was authorized to do so under Section 8 of Article I of the Constitution. In fact, Justice John Marshall had officially clarified that Congress is prohibited from laying taxes in the name of state power issues, issues which Congress cannot justify under Section 8.

"Congress is not empowered to tax for those purposes which are within the exclusive province of the States." --Justice John Marshall, Gibbons v. Ogden, 1824.

As a side note to Gibbons, consider that Justice Marshall, I believe, had also clarified in Gibbons that the states have never delegated to Congress, via the Constitution, the specific power to make health-related laws.

"State inspection laws, health laws, and laws for regulating the internal commerce of a State, and those which respect turnpike roads, ferries, &c. are not within the power granted to Congress (emphasis added)." --Gibbons v. Ogden, 1824.

And since Justice Roberts referenced the Gibbons case in the Obamacare decision and decided for Obamacare regardless of Marshall's clarification that Congress has no constitutional authority to make health laws, we know that activist Roberts is probably working for Obama.

Getting back to Justice Marshall's clarification about Congress's limited power to lay taxes, a logical question for all taxpayers to ask concerning Section 8 is how much taxes should they be paying annually so that Congress can fulfill its Section 8 duties? Below is my rought estimate.

Given that the plurality of clauses in Secton 8 are defense related, and given that the Department of Defense (DoD) budget for 2011 was $600+ billion, I will generously round the DoD budget for '11 up to $1 trillion as a rought estimate, probably much lower, as to how much taxpayers should be paying Congress every year to run the federal government.

In other words, we shouldn't be hearing the multi-trillion dollar federal budgets that the corrupt media, including Fox News, are reporting while ignoring Congress Section 8-limited power to lay taxes in federal policy discussions.

And since this thread concerns millionaire Congressperson Nancy Pelosi, consider this. I'll bet that if she and her rich friends all the sudden got stuck with having to uniquely bear the burden of paying for the fedreal government to operate like the rich did in the early 19th century, that she'd become one of the loudest voices in getting Congress up to speed on Justice Marshall's clarificaton about Congress's Section 8-limited power to lay taxes.

[CodeToad]

This is all a smoke screen to distract people that the Democraps Tax & Spend policies have bankrupted this nation. You could take away all the money from everyone making over $250,000 and it would not pay the entire federal spending for the year.

2012 Federal Spending: $3.79 trillion.
2012 Incomes of those over $250,000: $1.3 trillion.

Obama and the Republican House still spend $2.5 trillion more than all those people make.

[Delta Dawn]

Are you delusional or something?

You know that she will be exempted from any tax increase on the rich.

[Engedi]

I am still waiting for all those screaming rich Democrats and Libs to poney up on their own and pay more then they do- which they have screamed to high heaven, “I am willing to pay more”....Not one of those idiots has ponied up as of today. Remember Warren Buffett...Oh that is right, he is fighting the IRS saying what they want him to pay is not right..

[ThunderSleeps]

Hey Nancy, who are "the rich" exactly? Where do you draw the line. Do you recognize it as being completely arbitrary? While you're at it Nancy, why don't you tell us why you are punishing success, punishing "the rich" - just for being rich? For having inherited money through no fault of their own? Gee, that sounds a lot like prejudice. Why don't you punish someone for the color of their skin then? Oh, wait, that would be wrong. Or how about someone who worked hard, and yes, maybe had some good fortune or simply good business sense along the way. Why punish them?

[Nuc 1.1]

Simple pubbie answer. No new taxes until you, Nancy, apologize for and repeal the minimum wage law exemption you placed in the bill to allow you to pay workers in your fish factory LESS THAN the legal minimum wage. Aren’t you just the best friend of the poor.

[Gay State Conservative]

This is from the US Treasury Department website:

Gifts to the United States Government

How do I make a contribution to the U.S. government?

Citizens who wish to make a general donation to the U.S. government may send contributions to a specific account called "Gifts to the United States." This account was established in 1843 to accept gifts, such as bequests, from individuals wishing to express their patriotism to the United States. Money deposited into this account is for general use by the federal government and can be available for budget needs. These contributions are considered an unconditional gift to the government. Financial gifts can be made by check or money order payable to the United States Treasury and mailed to the address below:

Also interesting is the fact that for years the Commonwealth of Massachusetts has included on its state tax return a line which allows a taxpayer to "donate" money to the state over and above what they're required,by law,to pay in taxes.A Boston talk show host was recently told by someone at the state tax department that about 200 returns checked that box in the previous year.And this is a state with a population of 6 million.

Plenty of "progressives" in this country,as expected,are willing to give others the shirt off *my* back.

[onyx]

By Lady Jag!





Patriots for FRee Republic

[Windflier]

[jughandle]

Come on, Pelosi...YOU pay YOUR FAIR SHARE FOR ONCE!!!!

I know, never going to happen.

[matginzac]

Then open up your pocketbook, honey....
And stay OUT of mine!

[ronnie raygun]

Where’s that friggin rope?..#!#%#!#%#%#!#