"From each, according to their abilities...that's you, stupid!...to each according to their needs, and that's me."
Posted on 11/23/2008 9:25:12 AM PST by Lancey Howard
President-elect Barack Obama may consider delaying a campaign promise - to roll back tax cuts on high-income Americans - as part of his economic recovery strategy, two aides said on Sunday.
David Axelrod, the Obama campaign strategist who was chosen to be a senior White House adviser, was asked if the tax cuts could be allowed to expire on schedule after tax year 2010 rather than being rolled back by legislation earlier. "Those considerations will be made," he said on "Fox News Sunday."
Bill Daley, an adviser to Obama and commerce secretary under former President Bill Clinton, said on NBC's "Meet the Press" that the 2010 scenario "looks more likely than not."
President George W. Bush's tax cuts are set to expire at the end of 2010. After that they would revert to 2001 levels, when the top individual tax rate was 39.6 percent.
Obama has called for reducing taxes for the middle class, but requiring the wealthiest Americans to pay more than the current top rate of 35 percent.
His aides' comments suggest Obama may be wary of imposing any additional tax burden at a time of deep crisis, despite the outlook for record budget deficits and mounting national debt. He may also be seeking to bolster Republican support for his recovery measures.
(Excerpt) Read more at comcast.net ...
That’s exactly what’s happening. Barry lives in the next election at all times. Screw the people and they’ll throw the ‘rats out in 2010. He’ll do nothing extreme in the next 2 years.
I think you are all kidding yourselves here.
Obama got 600 MILLION in campaign contributions. The people who contributed to his campaign are the ones who will be affected the most by his rollback. He wants to keep those donors happy.
He will keep everything in place and lie to his base. They are the ones being manipulated here. And in 4 years of getting nothing from him, they will once again be lied to and will once again vote for him.
That woman who thinks Obama is going to pay her mortgage, who again be on YouTube saying Obama is going to take care of her.
Let's hope so...when the girls get their puppy it'll be a Husky bitch.
"From each, according to their abilities...that's you, stupid!...to each according to their needs, and that's me."
PieceOfTurdUS-OBAMA!
Just freaking priceless!! Why do you think we call 'em DUmmies?
wcepler (533 posts) Sun Nov-23-08 01:13 PM
Response to Original message
86. liar, liar pants of fire, Barack Obama
Dear God, how many people have bought this man off? It's already clear the he was “got to” during the campaign by the right wing DLC dems and the Israeli right wing lunatic fringe (he hasn't even thrown a bone to the Palestinians or the Muslim world in general), and now he's not going to stop the tax breaks for the billionaire elites!
The only hope I had left was that since it was going to be samo, samo for our international Middle Eastern policies (e.g. , the Palestinians are doomed and war against Iran is TOTALLY back on the table), at least he wasn't speaking with a forked tongue when it came to his “national” policies. But, to already announce that the astronomical tax breaks for the elites are going to stay in place (probably for his entire administration), is a heads up that this is going to be an Israeli lunatic fringe right wing/DLC/Clinton/Obama Presidency — in that order.
Never has a presidential candidate (when he was one) lied about so much in such a short period of time.
He is totally betraying EVERYTHING we busted our butts to get someone to do. And why? How pathetically simple: he was bought off about basically everything. He must be related to Joe Lieberman. Maybe he'll kiss him.
This announcement is the kiss of death since it signals he going to do the exactly the same thing with his national promises as he has already done with his international promises.
Liar, liar, pants on fire Obama
Haha, what a joke. As if we didn’t expect this.
I saw Cavuto last week really pressing Axelrod on the question of whether Obama might “have to” renege on tax cuts like Bill Clinton did . . . the lying worm wouldn’t even look Cavuto in the eye.
Now if there ever was a need for tax relief, this is it. The bad economy makes tax cuts even more imperative. Even Britain is cutting the VAT.
And, oh, by the way, the BUSH TAX CUTS EXPIRE at the end of 2008-—which is about 6 weeks away, eh? So automatic TAX INCREASE for your happy New Year, folks.
My suggestions for immediate tax relief here:
http://www.freerepublic.com/focus/news/2136708/posts?page=59#59
Obama is clueless, period. And if he imposes all the failed liberal programs on this Nation, we will be down and out before his first year is over.
The tax hike has already been “announced.” Two big Bush tax cuts expire on January 1, 2009-—because the Rats repeatedly refused to make these cuts permanent. Ones that will especially hurt those in the stock market.
Excerpt:
Capital Gains: Rates will rise to 10 or 20 percent, depending upon income, on January 1, 2009.
Dividends: Rates will rise to match standard income tax rates on January 1, 2009.
http://www.heritage.org/research/taxes/wm486.cfm
I believe they expire in 2010.
Barack Obama may consider delaying a campaign promise
No $heit who didn’t know that wasn’t comming.
Don’t forget, if he implements the Freedom of Choice Act, those jobs will be unionized. Just thought I’d make your day even brighter, LOL.
I thought she was Secretary of State?
You’re right about 2010 expiration, but really, there’s nothing to stop them any year from setting a new budget.
.
Folks, we need to stay on the lookout. I see history in the making, repeating itself. Remember what happens when leftists are in power and their programs start to fail, or fail to produce as promised -
THEY LOOK FOR A GROUP TO BLAME.
You’re it.
Obama Voter: “Does this mean I don’t get a rich guy to bake me a free pie for eatin’? Day-uhm!”
Nope. Two of them expire on January 1, 2009.
Capital gains tax can double and dividends tax goes way up.
I just checked. The Bush tax cuts expire after 2010.
Oops. Nevermind. I see you clarified that it is a couple of tax cuts that expire. But not the primary ones, the income tax rates.
FRegards,
LH
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