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

Skip to comments.

Dean Exposes Obama's Need For Middle Class Tax Hike
Investors Business Daily ^ | Dec 6, 2012

Posted on 12/10/2012 7:52:59 AM PST by KeyLargo

IBD Editorials

Dean Exposes Obama's Need For Middle Class Tax Hike

Posted 12/06/2012 06:52 PM ET

Taxes: The president says all he wants is for "the wealthiest Americans to pay a little more." But far-left Howard Dean just reminded us Obama wants a lot more from all taxpayers.

Interviewed by MSNBC's Lawrence O'Donnell on Wednesday, the ex-Vermont governor and 2004 Democratic presidential candidate shocked many with comments that really should have shocked no one.

"This is, initially, gonna seem like heresy from a progressive," Dean said. "The truth is, everybody needs to pay more taxes, not just the rich. That's a good start, but we're not gonna get out of this deficit problem unless we raise taxes across the board."

Dean added, "I actually have mixed feelings about striking a deal where the rich folks pay more taxes," preferring to go over the cliff at the end of the year.

Spending cuts were Dean's chief concern, but selectively so. Pining for Pentagon cuts, Dean had this sneer for the military: "They just ordered new uniforms for their chauffeurs for the top brass."

Adding her intellectual weight on O'Donnell's program was MSNBC commentator Krystal Ball (her real name), whose 15 minutes of infamy came in 2010.

That's when sexually-explicit photos of her surfaced during her far-left Democratic campaign for a redder-than-red Virginia congressional seat, in which she picked up just 35% of the vote.

According to Krystal's crystal ball, "We probably will have to raise taxes on a lot of people."

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Editorial; Government; News/Current Events
KEYWORDS: congress; fiscalcliff; govtabuse; howarddean; obamacare; taxes
“It’s not that I want to punish your success, I just want to make sure that everybody who is behind you, that they’ve got a chance at success too,” Obama told the plumber.

“My attitude is that if the economy’s good for folks from the bottom up, it’s going be good for everybody. If you’ve got a plumbing business, you’re gonna be better off if you’ve got a whole bunch of customers who can afford to hire you, and right now everybody’s so pinched that business is bad for everybody, and I think when you spread the wealth around, it’s good for everybody."

1 posted on 12/10/2012 7:53:08 AM PST by KeyLargo
[ Post Reply | Private Reply | View Replies]

To: KeyLargo

Doubling Down ... Obama aiming to tax middle class, too

by Kathleen Parker
columnist
12.10.12 - 01:00 am

http://mdjonline.com/printer_friendly/21080133


2 posted on 12/10/2012 7:54:45 AM PST by KeyLargo
[ Post Reply | Private Reply | To 1 | View Replies]

To: KeyLargo

And just wait until there is FORCED LABOR CAMPS! (another wonderful socialist program)

They can’t pay half the people to sit around doing nothing forever, can they?


3 posted on 12/10/2012 7:55:00 AM PST by Mr. K (some days even my lucky rocketship underpants don't help...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: KeyLargo
Part of the problem is that they don't understand the difference between tax rates and tax revenues. Every time tax rates have been cut, tax revenues have increased. Obama even admitted that cutting capital gains rates would increase capital gains revenues, but in the interest of "fairness," he wanted to keep capital gains rates high.

We're on the wrong side of the Laffer Curve. Cutting tax rates would allow the economy to grow, and tax revenues would inevitably increase. Too bad Republicans don't understand this either.

4 posted on 12/10/2012 8:05:49 AM PST by JoeFromSidney ( New book: RESISTANCE TO TYRANNY. Buy from Amazon.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: KeyLargo

Say what you will about Screamin’ Howie Dean, he is one of the very few Democrats who, in an unguarded moment, will blurt out the truth.


5 posted on 12/10/2012 8:07:04 AM PST by Buckeye McFrog
[ Post Reply | Private Reply | To 1 | View Replies]

To: KeyLargo
Doubling Down ... Obama aiming to tax middle class, too

Gosh didn't see that one coming.

About 40 million Americans are about to get a remedial lesson in the leftwing's envy politics.

6 posted on 12/10/2012 8:07:56 AM PST by skeeter
[ Post Reply | Private Reply | To 2 | View Replies]

To: Mr. K
They can’t pay half the people to sit around doing nothing forever, can they?

A progressive intellectual's job, his burden, his debt to society, is to sit around drinking excellent beverages and thinking up good things other people can be made to do under the lash.

7 posted on 12/10/2012 8:11:35 AM PST by lentulusgracchus
[ Post Reply | Private Reply | To 3 | View Replies]

To: Buckeye McFrog
Say what you will about Screamin’ Howie Dean, he is one of the very few Democrats who, in an unguarded moment, will blurt out the truth.

That's why they couldn't nominate him.

The PRC all agree, the one essential skill of governance is the ability to lie .... smoothly, effectively, and with convincing sincerity.

<spit>

8 posted on 12/10/2012 8:16:12 AM PST by lentulusgracchus
[ Post Reply | Private Reply | To 5 | View Replies]

To: KeyLargo

I’ve said more than once to my friends and acquaintances during this debate, “when they figure out that taxing the rich alone won’t come close to solving this financial dilemma, they’ll work their way down to the middle class. They say the rich have set the precedent, but it’s time now for ALL to sacrifice.”


9 posted on 12/10/2012 8:23:48 AM PST by Lou L (Health "insurance" is NOT the same as health "care")
[ Post Reply | Private Reply | To 1 | View Replies]

To: JoeFromSidney

obama lied about the idea of ‘fair’ as well, he wants control...fairness means nothing...higher rates mean more control...that is what they want.


10 posted on 12/10/2012 8:26:30 AM PST by raygunfan
[ Post Reply | Private Reply | To 4 | View Replies]

To: JoeFromSidney

Obumbles is on the wrong side of the Bell Curve too.


11 posted on 12/10/2012 8:35:59 AM PST by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
[ Post Reply | Private Reply | To 4 | View Replies]

To: KeyLargo

“That’s a good start, but we’re not gonna get out of this deficit problem unless we raise taxes across the board.”

Ever notice the solution is rarely to cut taxes?


12 posted on 12/10/2012 8:46:45 AM PST by DennisR (Look around - God gives countless, indisputable clues that He does, indeed, exist.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: KeyLargo

It all depends on whose wealth your spreading around.


13 posted on 12/10/2012 8:56:36 AM PST by greyfox (If I were a Democrat I'd be pushing for the fairness doctrine too.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: KeyLargo
Take your pick:

Severely cut entitlements/benefits to the bone and let the States figure out their own system of “charity” (Which the majority, even those who say they are for limiting government, lol, are against)

Infinite QEs coupled with spending binges that will eventually make currency meaningless (The Zimbabwe model)

Huge across the board tax increases for everyone, (A lot of productive citizens are currently being ripped off by the income tax/AMT) including welfare/food stamp recipients. Since the welfare recipients understand the phrase "cutting benefits", backdoor the system/recipients with large perpetual tax increase based on the amount of dependents. Of course you need to start slowly (Frog in the boiling pot). Those who do not work, call it the “entitlement tax” and those who do work and receive federal benefits, call it “the serfdom tax”. We all need to sacrifice, lol.

14 posted on 12/10/2012 8:58:28 AM PST by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: rollo tomasi

It’s obvious obama wants to destroy this nation and we know why. But why does Reid, Pelosi and the rest of the liberals want to destroy it?


15 posted on 12/10/2012 9:11:58 AM PST by Terry Mross (I don't watch the "news". Someone ping me if something big happens.)
[ Post Reply | Private Reply | To 14 | View Replies]

To: DennisR
Yes, but even if tax cuts stimulate the economy (Enhance government revenues) you still have massive spending obligations, massive debt, and massive unfunded liabilities awaiting future generations.

Spending cuts are realistically out of the question since leechers are the dems bread and butter when it comes to garnering votes. Those who propose cuts will be outnumbered, even in the so called "conservative" Party (They want to win elections too).

Also, like the 1980s, the revenues coming in will cause even more spending binges because again, politicians want to win elections.
16 posted on 12/10/2012 9:12:42 AM PST by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians.)
[ Post Reply | Private Reply | To 12 | View Replies]

To: KeyLargo

The fiscal cliff is really the “conservative cliff.” Obama and the Dems get higher taxes for everyone *and* defense spending cuts. They get bigger government and government more biased toward entitlement spending. Straight Euro socialism. It’s exactly what they want and the Dems don’t even have to go on record voting for it.


17 posted on 12/10/2012 9:15:59 AM PST by IamConservative (The soul of my lifes journey is Liberty!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Terry Mross
They all want to take advantage of the system; Obama does not want to destroy anything, look how "large" he likes to live (And his Marxist friends).

Lenin/Stalin lived "large" too, its all about control and shifting your own ideological hegemony onto society in order to "rule the school".
18 posted on 12/10/2012 9:19:22 AM PST by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians.)
[ Post Reply | Private Reply | To 15 | View Replies]

To: Lou L

Its inconsequential who’s taxed. W/o real substantive spending cuts no amount of tax revenue is going to help.


19 posted on 12/10/2012 9:24:33 AM PST by 556x45
[ Post Reply | Private Reply | To 9 | View Replies]

To: Lou L
I ain't no rocket scientist....but I do believe there are more "middle class" tax payers...than the so-called 2%.

And collectively the "middle class" makes more money....than the 2%.

Anyone that pays attention...knows what's coming. Who's forgotten Billy Jeff Rapist....telling American's he never worked harder...but he's just going to have to tax the middle class!!

Good Gawd Almighty!!

20 posted on 12/10/2012 9:34:52 AM PST by Osage Orange ( Liberalism, ideas so good they have to be mandatory.)
[ Post Reply | Private Reply | To 9 | View Replies]

To: 556x45
Its inconsequential who’s taxed. W/o real substantive spending cuts no amount of tax revenue is going to help.

Oh, I completely agree. There seems to be an argument to tax for the sake of taxing. Why hasn't anyone asked the question, what is the goal of our government, with all these new tax proposals? Is it strictly to pay down our debts, or is it to fund lots of new government spending ideas?

To your point, taxes alone will do nothing to bring down deficits without spending cuts. Without a negative slope on the budgets, we'll never eliminate our debts. In fact, we may not be able to get there anyway, paying all the interest owed.

21 posted on 12/10/2012 9:53:33 AM PST by Lou L (Health "insurance" is NOT the same as health "care")
[ Post Reply | Private Reply | To 19 | View Replies]

To: Lou L

IIRC Barry has already said the new monies will be used to spend more not pay anything off. I believe I have that correct. So, that much we know. Even so the the magnitude of increases (if Barry has his way) will be much more than taxes alone can pay for. This means more borrowing which implies an interest payment as well. If they plan to print their way to ‘prosperity’ that means (hyper?) inflation. Its hard to see a happy ending.

I agree about the spending question. It seems pretty basic to the debate. OTOH I think the pols understand that to be effective the Entitled Classes/elderly are going to take a big hit. I dont think most older folks could bear it and the Entitled Classes would riot.

I think the only way Barry could work things out is by nationalizing large chunks of the economy. For instance the energy sectors (oil, coal, gas) most of which he’d ship to China.


22 posted on 12/10/2012 10:10:13 AM PST by 556x45
[ Post Reply | Private Reply | To 21 | View Replies]

To: 556x45
I think the only way Barry could work things out is by nationalizing large chunks of the economy. "

Even by doing that, how would we ever get back the true value to our country? How would we know if it was worth it? Washington isn't dealing with numbers you, I, or any private accountant would understand. No one can grasp the real value of unfunded liabilities our government owes, or the assumptions they're making for future revenue streams.

It boggles my mind that there are people hell-bent on spending any new revenues, rather than paying down debt. It truly is like a drunken sailor on liberty.

23 posted on 12/10/2012 11:15:00 AM PST by Lou L (Health "insurance" is NOT the same as health "care")
[ Post Reply | Private Reply | To 22 | View Replies]

To: Mr. K

Survey: Small biz owners grew more pessimistic in November after election, Superstorm Sandy

Published December 11, 2012

| Associated Press

NEW YORK – Small business owners grew more pessimistic in November after the presidential election and Superstorm Sandy, according to a survey released Tuesday.

The National Federation of Independent Business said its index of small-business optimism dropped 5.6 points last month to 87.5. The index was compiled from a survey of 733 NFIB members taken throughout November.

NFIB Chief Economist William Dunkelberg said the biggest drag on the index was owners’ expectation that business conditions will be worse six months from now. The number of owners expecting better times ahead fell 37 points. Nearly half the owners surveyed are now pessimistic about the future.

Nearly a quarter of the owners said poor sales were their biggest problem.

Dunkelberg said owners in the states hit by Sandy were slightly more pessimistic than in the rest of the country. A greater number of owners in storm-battered states said they planned to cut their payrolls — not surprising considering that many businesses hit hard by the Oct. 29 storm are still unable to open.

Dunkelberg said the survey points to the election results as the biggest factor in owners’ darker mood.

Read more: http://www.foxnews.com/us/2012/12/11/survey-small-biz-owners-grew-more-pessimistic-in-november-after-election/print#ixzz2Ekfn7aaW


24 posted on 12/11/2012 6:05:46 AM PST by KeyLargo
[ Post Reply | Private Reply | To 3 | 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