Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Obama’s weekly address: 'I won’t compromise on tax hikes on the rich'
ABC News ^ | 12/08/2012 | Devin Dwyer

Posted on 12/08/2012 9:50:32 AM PST by SeekAndFind

Taxes will rise on all Americans in 23 days without bipartisan Congressional intervention. But President Obama and House Republicans are showing little sign of breaking the frosty standoff over the “fiscal cliff.” Both sides remain at loggerheads over what to do about tax rates for the top two percent of income-earners and the nation’s debt limit.

In his weekly address, Obama says he wants an immediate resolution, but only if Republicans agree to raise the top tax rates on individuals earning $200,000 or more. “If we’re serious about reducing our deficit while still investing in things like education and research that are important to growing our economy – and if we’re serious about protecting middle-class families – then we’re also going to have to ask the wealthiest Americans to pay higher tax rates,” he says. “That’s one principle I won’t compromise on.

“After all, this was a central question in the election,” Obama adds, alluding to the fact that he won.

(Excerpt) Read more at abcnews.go.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: 112th; bho44; fiscalcliff; obama; taxes; taxhikes; taxincrease

1 posted on 12/08/2012 9:50:39 AM PST by SeekAndFind
[ Post Reply | Private Reply | View Replies]

To: SeekAndFind

Really looking forward to his Michigan visit on Monday.


2 posted on 12/08/2012 9:52:46 AM PST by cripplecreek (REMEMBER THE RIVER RAISIN!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind
'I won’t compromise on tax hikes on the rich', Or the Middle Class.

There...fixed it...

3 posted on 12/08/2012 9:55:41 AM PST by libertarian27 (Check my profile page for the FReeper Online Cookbook 2011)
[ Post Reply | Private Reply | To 1 | View Replies]

To: libertarian27

$200,000 is considered rich for Obama for now. I believe the bar will be set EVEN LOWER as he finds out that he won’t get enough revenue with this tax hike.


4 posted on 12/08/2012 9:57:28 AM PST by SeekAndFind
[ Post Reply | Private Reply | To 3 | View Replies]

To: SeekAndFind

“The Rich” = The Job Creators.

A concept lost on Bronco Bama, since he never worked a day of his pampered life in the private sector.


5 posted on 12/08/2012 10:01:26 AM PST by july4thfreedomfoundation (November 6, 2012.....A day that will live in infamy!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind
There must be no compromise with the Destroyer of America. We must starve the government.

1. No increase in the debt limit, under any circumstances.
2. No increase in ANY taxes (The Bush cuts expire)
3. Spending cuts to fill the gap

6 posted on 12/08/2012 10:01:44 AM PST by FatherofFive (Islam is evil and must be eradicated)
[ Post Reply | Private Reply | To 1 | View Replies]

To: july4thfreedomfoundation
As someone has suggested elsewhere on FR, we should use language as our weapon, substituting "producers" for "rich" or "wealthy."
7 posted on 12/08/2012 10:04:21 AM PST by Salvey
[ Post Reply | Private Reply | To 5 | View Replies]

To: SeekAndFind
I want what Obama wants...

...for everyone to pay their fair share....

...therefore, how about a "minimum" tax on the chronic welfare people.

...what is "fair" about the majority of people who vote being on welfare and voting "their conscience"? They will vote for more welfare every time.

WE CANNOT SURVIVE WITH WELFARE RECIPIENTS IN CHARGE.

8 posted on 12/08/2012 10:04:46 AM PST by B.O. Plenty (Give WAR a chance.......)
[ Post Reply | Private Reply | To 1 | View Replies]

To: cripplecreek

One thing that is never done is a results driven analysis of all bills after they have passed which includes all promises made to pitch said bills.

Politicians would have to answer for their lies and they would be less likely to lie the next time.

Unfortunately, this is never done and the lies continue.


9 posted on 12/08/2012 10:05:39 AM PST by dhs12345
[ Post Reply | Private Reply | To 2 | View Replies]

To: SeekAndFind

Interesting what is constituted as rich. The ever expanding poor will be next to the so-called rich. No more middle class.


10 posted on 12/08/2012 10:05:53 AM PST by existentially_kuffer
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind
“That’s one principle I won’t compromise on.

Principles?

From little bammy?

Laughable... except that he is destroying this Republic.

.

11 posted on 12/08/2012 10:06:41 AM PST by TLI ( ITINERIS IMPENDEO VALHALLA)
[ Post Reply | Private Reply | To 1 | View Replies]

To: july4thfreedomfoundation

RE: “The Rich” = The Job Creators.

Not to Obama voters.

“The Rich” = Paris Hilton types = Wall Street Folks who caused the mortage crisis.


12 posted on 12/08/2012 10:07:21 AM PST by SeekAndFind
[ Post Reply | Private Reply | To 5 | View Replies]

To: july4thfreedomfoundation

RE: “The Rich” = The Job Creators.

Not to Obama voters.

“The Rich” = Paris Hilton types = Wall Street Folks who caused the mortgage crisis.


13 posted on 12/08/2012 10:07:36 AM PST by SeekAndFind
[ Post Reply | Private Reply | To 5 | View Replies]

To: SeekAndFind
"Compromise"?

Of course not!

Some time ago, Senator Baucus explained in the following manner what was to happen under the new paradigm for governing America.

Baucus: "It is a shift, a leveling . . . ."

America's liberty and prosperity for over 200 years was based on another idea, for the earnings of hardworking citizens were protected from the coercive hand of government by a written Constitution which did not allow so-called "progressives" of the world such "taking" power. Hear Samuel Adams:

"Is it not high time for the people of this country to explicitly declare whether they will be free men or slaves. It is an important question which ought to be decided. It concerns more than anything in this life. The salvation of our souls is interested in this event. For wherever tyranny is established, immorality of every kind comes in like a torrent, it is in the interest of tyrants to reduce the people to ignorance and vice.” - Samuel Adams

And:

“The utopian schemes of leveling and a community of goods, are as visionary and impractical as those which vest all property in the crown. These ideas are arbitrary, despotic, and, in our government unconstitutional.” - Samuel Adams

14 posted on 12/08/2012 10:11:57 AM PST by loveliberty2
[ Post Reply | Private Reply | To 1 | View Replies]

To: cripplecreek
Do you really thing RTW has chance after he visits Cripple?

He has such a habit of flying in and f*****g things up before we can finish them.

Because Tuesday is when the your house and senate reconciliation the bill isn't it?

I know your Governor is of the RINO verity.

15 posted on 12/08/2012 10:12:59 AM PST by KC_Lion (Build the America you want to live in at your address, and keep looking up.-Sarah Palin)
[ Post Reply | Private Reply | To 2 | View Replies]

To: SeekAndFind

Sooo- Now Obama has gone from raising on $250,000 or more to only $200,000? By the time another coupld of weeks pass, it will be down to $20,000.

Funny how even he cannot keep his stories straight.

What bothers me the most is that Republicans get suckered over and over again into a deal which has UNDEFINED ACTIONS by Obama SOMETIME in the FUTURE.

We are supposed to have very rigid parts to our concessions, but he fudges all over the place. In the end. Obama never fulfills his part of any bargain, and then the Republicans get into another debate & repeat the same dance all over again.

Time for the Music to stop.


16 posted on 12/08/2012 10:14:24 AM PST by ridesthemiles
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind; libertarian27

Why do the GOP think they will get anything but higher taxes - he ran his whole campagin using that as his “get out the vote” message!! The House is crazy thinking about stopping it...their focus must be on the trade!!


17 posted on 12/08/2012 10:16:59 AM PST by q_an_a (the more laws the less justice)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Now its >$200K ??
Its seems to be going lower by the day. By Jan 1 he may be demanding >$100K.


18 posted on 12/08/2012 10:17:11 AM PST by sickoflibs (Dems know how to win. Rs know how to whine.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: KC_Lion

It will be signed into law.


19 posted on 12/08/2012 10:19:22 AM PST by cripplecreek (REMEMBER THE RIVER RAISIN!)
[ Post Reply | Private Reply | To 15 | View Replies]

To: SeekAndFind
GOP response to The Bozo's weekly address: "We will not raise the borrowing limit."
20 posted on 12/08/2012 10:19:54 AM PST by I am Richard Brandon
[ Post Reply | Private Reply | To 1 | View Replies]

To: cripplecreek

Only a true idiot (or a liar) would define “wealth” as someone’s annual income. Wealth is not measured by “income,” but by what you acutally hold. A income tax increase on those who make $250K or more will hit a lot more middle class professionals, a lot harder, than it will ever hit the “rich.”


21 posted on 12/08/2012 10:20:20 AM PST by RavenATB
[ Post Reply | Private Reply | To 2 | View Replies]

To: Salvey
As someone has suggested elsewhere on FR, we should use language as our weapon, substituting "producers" for "rich" or "wealthy."

Yes, the words need to change.

Something like "High Earners" "Medium Earners".
He's not talking about the rich that his minions are thinking about: 'wealth' or the wealthy - they don't technically(tax-wise)earn...they dividend.

22 posted on 12/08/2012 10:20:44 AM PST by libertarian27 (Check my profile page for the FReeper Online Cookbook 2011)
[ Post Reply | Private Reply | To 7 | View Replies]

To: SeekAndFind
Just in case the Samuel Adams quotations are not sufficient to explode the President's myth that there is some valid American constitutional principle which would be violated by refusing to "tax" (take) the earnings of some for the benefit of others, here are a few other gems from some who framed the Constitution, or understood its protections for liberty:
"Government is instituted to protect property of every sort....This being the end of government, that is NOT a just government,...nor is property secure under it, where the property which a man has...is violated by arbitrary seizures of one class of citizens for the service of the rest." - James Madison

"The moment the idea is admitted into society that property is not as sacred as the laws of God...anarchy and tyranny commence. PROPERTY MUST BE SECURED OR LIBERTY CANNOT EXIST." - John Adams

"The first grand right is that of the people having a share in their own government by their representatives chosen by themselves, and...of being ruled by laws which they themselves approve....This is a bulwark surrounding and defining their property, which by their...labours they have acquired, so that no portions of it can be legally taken away from them but with their full and free consent." - Adopted by the Continental Congress-1774

"Where an excess of power prevails, property of no sort is duly respected. No man is safe in his opinions, his person, his faculties, or his possessions." - James Madison-1792

"A right to property is founded in our natural wants, in the means with which we are endowed to satisfy these wants, and the right to what we acquire by those means without violating the similar rights of other sensible beings." - Thomas Jefferson-1816

"That a People should be taxed at the Will of another, whether of one Man or many, without their own Consent in Person or by Representative, is rank Slavery. For if their Superior sees fit, they may be deprived of their whole Property, upon any frivolous Pretext, or without any Pretext at all. And a People without Property, or in the precarious Possession of it, are in no better State than Slaves; for Liberty, or even Life itself, without the Enjoyment of them flowing from Property, are of no Value." - Boston Gazette-1765

"Property is the fruit of labor. Property is desirable, is a positive good in the world. That some should be rich shows that others may become rich and hence is just encouragement to industry and enterprise. Let not him who is houseless pull down the house of another, but let him work diligently to build one for himself, thus by example assuring that his own shall be safe from violence....I take it that it is best for all to leave each man free to acquire property as fast as he can. Some will get wealthy. I don't believe in a law to prevent a man from getting rich; it would do more harm than good." - Abraham Lincoln

"No man would become a member of a community in which he could not enjoy the fruits of his honest labor and industry. The preservation of property, then, is a primary object of the social compact....The legislature, therefore, had no authority to make an act divesting one citizen of his freehold, and vesting it in another, without a just compensation. It is inconsistent with the principles of reason, justice, and moral rectitude; it is incompatible with the comfort, peace and happiness of mankind; it is contrary to the principles of social alliance in every free government; and lastly, it is contrary to the letter and spirit of the Constitution. - "Supreme Court-1795


23 posted on 12/08/2012 10:21:11 AM PST by loveliberty2
[ Post Reply | Private Reply | To 1 | View Replies]

To: cripplecreek

Where is Bob Lee Swagger when you need him?


24 posted on 12/08/2012 10:22:12 AM PST by jakota (jakota)
[ Post Reply | Private Reply | To 2 | View Replies]

To: SeekAndFind
SHUTDOWNKEY
25 posted on 12/08/2012 10:41:02 AM PST by FrankR (They will become our ultimate masters the day we surrender the 2nd Amendment.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: loveliberty2

According to our asshat president, Adams was just a rich white guy trying to protect his lot in life.

I am beyond being amused by this clown and his party. Time for REV I, revisited....since they seem to believe we don’t have a Republic, not a democracy, it is time to move along the first Rev which was against a monarch who was also a despot as much as is mob rule.


26 posted on 12/08/2012 10:50:13 AM PST by Mouton (108th MI Group.....68-71)
[ Post Reply | Private Reply | To 23 | View Replies]

To: SeekAndFind

Obamugabe: the King of Suck.


27 posted on 12/08/2012 11:00:05 AM PST by SoFloFreeper
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind
"That’s one principle I won’t compromise on"

Fine.

If he won't compromise why should we?

This tax on the "rich" is a sop to the stupid. It's about jealousy and envy and mostly its about

RETRIBUTION!

Listen to Rev Jackass Wright sometime and you'll know what I'm talking about.

28 posted on 12/08/2012 11:02:01 AM PST by Pietro
[ Post Reply | Private Reply | To 1 | View Replies]

To: Salvey
"As someone has suggested elsewhere on FR, we should use language as our weapon, substituting "producers" for "rich" or "wealthy."

That is such a good idea that you can be sure that the GOP will not do it.

29 posted on 12/08/2012 11:07:34 AM PST by I am Richard Brandon
[ Post Reply | Private Reply | To 7 | View Replies]

To: Pietro
This tax on the "rich" is a sop to the stupid. It's about jealousy and envy and mostly its about Retribution.

Obama is all about Class-Warfare. His whole adult life has been directed at undermining traditional American values. To humor or dignify such a man is absolutely beneath decent Americans.

But in hanging tough, House Conservatives need to reiterate a combination of talking points; never let themselves be interviewed without starting by clarifying their position against Obama's Class-Warfare attitude on Taxation:

1. Class-Warfare is immoral & unamerican.

2. A tax system that punishes success to reward failure is economically insane.

3. The Founding Fathers considered the use of taxation to redistribute wealth to be totally unacceptable (Art. I, Sec. 9). Having sworn to uphold the Constitution, one cannot vote for redistribution of wealth.

4. During the 124 years, from 1789 til 1913, when we followed the Founder's Taxing policy, we had the greatest material growth rate of any people on earth--and we retained our spiritual values in the process. Nothing, proportionately, or adjusted for inflation, has since compared! (And just look at what the class-warfare mentality has done to our spiritual values!)

Do not let anyone put Obama's definitions into anyone on our side's mouth. Obama has never been about "fairness," anymore than Lenin, Trotsky, Stalin, Hitler or Castro were ever about "fairness."

William Flax

30 posted on 12/08/2012 11:12:51 AM PST by Ohioan
[ Post Reply | Private Reply | To 28 | View Replies]

To: SeekAndFind

“I won’t compromise on tax hikes on the rich.” - Obama

Who asked him to? This is all theater for the Democrat base. Just come out and start yammering about how Obama is hurting the poor. Turnabout is fair play.


31 posted on 12/08/2012 11:16:08 AM PST by blueunicorn6 ("A crack shot and a good dancer")
[ Post Reply | Private Reply | To 1 | View Replies]

To: july4thfreedomfoundation

R = Responsible, Reliable

I = Intelligent, Innovative

C = Creative, Caring

H = Honorable

Feel free to add-on.


32 posted on 12/08/2012 11:30:04 AM PST by bushbuddy
[ Post Reply | Private Reply | To 5 | View Replies]

To: SeekAndFind
A heavily-graduated income tax is plank two of the Communist Manifesto.

Can we call him a Communist yet?

33 posted on 12/08/2012 11:45:32 AM PST by E. Pluribus Unum ("The more numerous the laws, the more corrupt the state." - Cornelius Tacitus, Roman Senator)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

” If we’re serious about reducing our deficit while still investing in things like education and research that are important to growing our economy –and if we’re serious about protecting middle-class families –then we’re also going to have to ask the wealthiest Americans to pay higher tax rates,”

Because as we all know, taxing and spending is the key to prosperity


34 posted on 12/08/2012 12:02:26 PM PST by lowbridge (Joe Biden: "Look, the Taliban per se is not our enemy.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

I think this man has an irrational hatred of “rich” people; deep, deep hatred. Looks like he’s getting back at some rich person that once snubbed him.


35 posted on 12/08/2012 12:49:43 PM PST by Twinkie (The WICKED walk on every side when EVIL men are exalted. Psalm 12:8)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Twinkie

“Looks like he’s getting back at some rich person that once snubbed him.”

He’s getting back at his reasonably affluent grandmother who tried to raise him to be a man.


36 posted on 12/08/2012 1:01:38 PM PST by Fightin Whitey
[ Post Reply | Private Reply | To 35 | View Replies]

To: Fightin Whitey

nobama is one disturbed fellow.


37 posted on 12/08/2012 5:38:17 PM PST by ogen hal (First amendment or reeducation camp?)
[ Post Reply | Private Reply | To 36 | View Replies]

To: SeekAndFind

We should start playing the ‘Al Sharpton Card’ and post everywhere, ‘Rich is a code word for Jews’ and equate Obama to Hitler.


38 posted on 12/08/2012 7:36:39 PM PST by 11th_VA (Keep your laws OFF my Big Gulp !)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson