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Keyword: middleclass

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  • Romney To Hold 24 'Strengthening The Middle Class" Events in 13 Swing States

    08/02/2012 8:48:14 AM PDT · by kingattax · 24 replies
    Breitbart Big Government ^ | 8-2-12 | Tony Lee
    Mitt Romney’s campaign will hold 24 “Strengthening The Middle Class” events today and Friday in 13 swing states, which include Iowa, Michigan, Missouri, North Carolina, New Hampshire, New Mexico, Nevada, Ohio, Pennsylvania, Virginia, Wisconsin, Florida, and Colorado. Local business owners and politicians will headline the events that will emphasize how Romney’s economic policies will make conditions better for the middle class. In Florida on Thursday night, Sen. Marco Rubio will headline an event in Orlando. .
  • "Middle Class Americans" is a made-up-term

    07/15/2012 10:11:01 AM PDT · by bunkerhill7 · 33 replies
    google books ^ | 2012 | google
    Of the 300+ books on google books using the term, "middle class America", only one earliest is 1971, a few in 1980`s and 95% in 1990`s and 2000`s til now. I never heard the term "middle class Americans" in my youth, not even in college sociology classes in 1960`s. It appears to be a made-up-term borrowed from English social class structure as defined by Webster. These communist sociologists try to force an Englsh social model upon America which is impossible- to make a square peg fit a round hole in an fallacious attempt to define a fluid social dynamic of...
  • Obama's love for the middle class? Now, that's rich

    07/13/2012 4:11:01 PM PDT · by neverdem · 7 replies
    Cleveland Plain Dealer ^ | July 12, 2012 | Kevin O'Brien
    View full sizeSusan Walsh, Associated PressOn Monday, President Barack Obama refined his class-warfare strategy a bit, separating the upper middle class from the middle class. He announced that he would favor allowing the expiration of the Bush-era tax cuts for the rich, whom he defines as individuals earning more than $200,000 a year and married couples earning more than $250,000 a year. He would, however, favor retaining something he and other Democrats apparently just discovered: the Bush-era tax cuts for the middle class. Who knew that such a thing existed? But yes, there they are, right there in that pile...
  • Michelle Obama is the president's middle-class messenger

    07/11/2012 2:28:12 PM PDT · by ColdOne · 25 replies
    politico ^ | 7/11/12 | JENNIFER EPSTEIN
    President Barack Obama’s pitch to voters this year centers on his fight for the middle class at what he calls a make-or-break moment. The problem: His exotic life story and rise to the presidency don’t help him connect with struggling swing voters — people who are still feeling the effects of the economic downturn and leaning toward Mitt Romney.
  • Joe Biden: Rich Guys Like Mitt Romney Just Don‘t Understand ’Middle Class Folks Like Me’

    07/11/2012 11:35:46 AM PDT · by Nachum · 31 replies
    The Blaze ^ | 7/11/12 | Jason Howerton
    As Keith Koffler of the White House Dossier points out, Vice President Joe Biden actually thinks he’s part of the middle class. This, despite the fact he made nearly $400,000 in 2011, placing him comfortably in the “rich” category President Obama has created in his bid to raise taxes on the country’s top income earners making over $250,000-per-year. However, addressing the National Council of La Raza in Las Vegas on Tuesday, Biden — without mentioning he and his wife had an adjusted income of $379,000, according to his 2011 tax return — suggested he is just your average middle class...
  • US Federal Individual Income Taxes by Income Level 2001-2009

    07/05/2012 8:10:52 PM PDT · by justlurking · 29 replies
    Internal Revenue Service ^ | July, 2011 | IRS
    Since the "soak the rich" rhetoric has begun again, I though it was a good time to make sure that everyone knows exactly how adjusted gross income and federal individual income taxes are distributed among the various income brackets. I hope the moderators will indulge me and leave this in front-page news. I encourage everyone to bookmark this thread or the original source of data, so that you can refer to it when someone claims that the rich aren't paying their fair share. First, let's start with the source of the data: That's an Excel workbook. If you don't...
  • Obama threatens veto of bill combining tax cuts for middle class, top earners

    07/10/2012 4:30:24 AM PDT · by tobyhill · 13 replies
    Fox News ^ | 7/10/2012 | fox news
    President Obama is threatening to veto any legislation that extends all the tax cuts set to expire at the end of the year, as he presses Congress to extend those cuts only for families whose yearly income is less than $250,000 -- and raises taxes on everyone earning more. The veto threat sets the early tone for what is expected to be a contentious battle between Democrats and Republicans through the rest of the year as they seek to avoid the so-called "taxmageddon" -- the sudden increase in taxes on all Americans that will occur if Congress doesn't vote to...
  • With Today's Tax Flip-Flop Obama Moves Left of Pelosi, Hits 900K Small Bizs

    07/09/2012 1:28:24 PM PDT · by Nachum · 18 replies
    Breitbart ^ | 7/9/12 | John Nolte
    With the economy threatening to fall into another recession and job growth plummeting, Obama came before the American people today demanding taxes be raised on those making over $250,000 a year, including what he admitted would include 3% of small businesses. Even if that 3% is correct, which is disputed, that 3% means a tax increase on 900,000 small businesses. That's nearly a million small business owners who will now be even more crippled and have less capital available to expand their payrolls -- which of course means fewer jobs for the middle class and the poor who would like...
  • Pelosi Statement on President Obama’s Call to Extend the Middle Class Tax Cuts

    07/09/2012 10:33:54 AM PDT · by Sub-Driver · 18 replies
    Pelosi Statement on President Obama’s Call to Extend the Middle Class Tax Cuts July 09, 2012 Washington, D.C. – Democratic Leader Nancy Pelosi released the following statement today after President Obama called for the extension of tax cuts for all Americans making up to $250,000 per year: “Today, President Obama once again stood firmly with America’s middle class and small businesses. Democrats and the President have always fought for an extension of the tax cuts for middle-income families to offer greater relief and economic certainty to all working Americans. “Once again, Republicans must decide: will they continue to hold middle...

    07/09/2012 8:52:45 AM PDT · by kingattax · 32 replies
    Big Government ^ | 9 Jul 2012 | John Nolte
    President Obama is obviously panicked. Last month Obama and his supporters spent a lot more than Mitt Romney, but even with that cash advantage and the media on their side, the polls haven't budged. Moreover, the President and his campaign have been running around frantically trying to find something that will stick to Romney, be it provable lies about his outsourcing and outright smears involving offshore accounts. Still, Obama can't get above 47% and Romney hasn't even started campaigning in earnest or spending the $160 million he has on hand. Today, in yet another desperate attempt to win a news...
  • Obama to Push Extension of Middle Class Tax Cuts

    07/09/2012 6:58:36 AM PDT · by MrChips · 23 replies
    AP ^ | 7/9/12 | Julie Pace
    WASHINGTON (AP) — President Barack Obama is launching a push to extend tax cuts for the middle class, as he seeks to shift the election-year economic debate from the dismal jobs market to assertions that Republican rival Mitt Romney protects the rich. Obama, in an address from the White House later Monday, will call on Congress to pass a one-year extension of tax cuts for households making less than $250,000 a year, said senior campaign adviser Robert Gibbs. The president's appeal to middle-class voters is aimed at drawing a contrast with Romney and congressional Republicans. The House GOP is expected...
  • The Real-World Middle Class Tax Rate: 75%  

    If we include all taxes, the real-world tax rate is much higher than the "official" income tax rate. For those Americans earning between $34,500 and $106,000, the real-world middle class tax burden in high-tax locales is 15% + 25% + 5% + 15% + 15% = 75%. Yes, 75%. Before you start listing the innumerable caveats and quibbles raised by any discussion of taxes, please hear me out first. Let's start by defining "taxes" as any fee that is mandated by law or legal necessity. In other words, taxes are what is not optional. If we include all taxes, the...
  • WSJ Economist: 75% of Obamacare Costs Will Fall on Backs of Those Making Less Than $120K a Year

    07/02/2012 7:22:33 AM PDT · by Beave Meister · 7 replies
    Human Events ^ | 6/30/2012 | Jim Hoft
    Take Your Medicine, America… Stephen Moore, Senior Economics Writer with the Wall Street Journal, told FOX and Friends this morning that nearly 75% of Obamacare costs will fall on the backs of those Americans making less than $120,000 a year.
  • How Badly Has Obama Alienated the Middle Class? (Here's why Obama may lose in November)

    06/14/2012 2:18:30 PM PDT · by SeekAndFind · 20 replies
    National Journal ^ | 06/14/2012 | Michael Hirsh
    If President Obama loses in November, the new numbers out showing a calamitous drop in Americans' median net worth--we lost 20 years' worth of prosperity in the Great Recession, folks--will tell a good part of the story why. Bottom line: he lost the middle class. According to the Federal Reserve, a broad group of Americans loosely defined as the middle class saw its net worth plummet from a median of $126,400 in 2007 to $77,300 in 2010. It's hardly fair to blame Obama for what began in 2007, but there's no reason why he shouldn't also be saddled with some of the...
  • Mitt Romney Delivers Remarks in Michigan: “A New Course May 9th, 2012 8:50 am [Video]

    05/09/2012 9:25:58 AM PDT · by fight_truth_decay · 8 replies
    MRCentral ^ | May 9th, 2012 8:50 am | Rebel Ross Reports
    Here are the remarks as I was reading them via the teleprompter control screen during Mitt’s speech. It was very interesting to see how many times Mitt added parts to the speech that were not in the prompter and also how many times he simply changed the wording on the fly. I’d love to get a chance sometime to see if President Obama does the same thing or if he stays 100% true to the prompter.
  • 95 Percent Of The Jobs Lost During The Recession Were Middle Class Jobs

    05/03/2012 3:00:28 PM PDT · by SeekAndFind · 5 replies
    The Economic Collapse ^ | 05/02/2012 | Michael Snyder
    Who is the biggest loser in the ongoing decline of the U.S. economy? Is it the wealthy? No, the stock market has been soaring lately and their incomes are actually going up. Is it the poor? Well, the poor are definitely hurting very badly, but when you don't have much to begin with you don't have much to lose. Unfortunately, it is the middle class that has lost the most during this economic downturn. According to Bloomberg, 95 percent of the jobs lost during the recession were middle class jobs. That is an absolutely astounding figure. Yes, some executives...
  • Why Are the Rich Still Enamored of Obama?

    04/22/2012 5:52:49 AM PDT · by Kaslin · 45 replies ^ | April 22, 2012 | Austin Hill
    A question for the rich: if President Obama successfully breaks the backs of the working middle class, is that really good for you? And how about this: if over half of your fellow Americans pay no income taxes and are quite happy to have you foot the bill for our wasteful bloated government, will that be good for your portfolios– or anybody else’s? We’re less than seven months away from selecting either four more years of Barack Obama, or a new President named Mitt. At this point President Obama isn’t running on his track record, so much as he is...
  • Obama: Thank You For Not Asking About My Tax Hikes on Families Making Less Than $250,000

    04/12/2012 9:09:15 AM PDT · by 92nina · 4 replies
    ATR ^ | 2012-04-10 | John Kartch
    Stumping for his “Buffett Rule” tax increase in Florida today, President Barack Obama said the following: “For those people who make under $250,000 a year – like 98 percent of American families do – then your taxes don’t go up.” – Barack Obama, April 10, 2012 But since taking office, President Obama has signed into law at least seven new or higher taxes on families making less than $250,000 per year. President Barack Obama’s central campaign promise – a “firm pledge” against “any form of tax increase” on families making less than $250,000 per year – was shattered when he...
  • Are middle-class American kids too lazy?

    03/18/2012 12:05:02 PM PDT · by Redcat · 59 replies
    Houston Chronicle ^ | March 15, 2012 | Francisca Ortega
    Remember when you were a kid and your evenings and weekends were spent doing chores like drying the dishes, cleaning your room, raking the leaves, scrubbing the toilet and whatever else your parents could think of having you do the second you opened your mouth and said, “I’m bored”? According to some anthropologists, those days are over. Kids in middle-class American families have become complacent; they expect their parents to do everything for them. And why do they expect their parents to do everything for them? Well, because their parents do everything for them!
  • Are We Coming Apart?

    02/18/2012 6:37:10 AM PST · by Kaslin · 35 replies
    We are experiencing an ever widening cultural divide, according to Charles Murray. Upper-middle class professional types may pretend that they are cultural relativists, accepting of whatever lifestyle their fellow human beings happen to choose. In reality, they live by old fashioned puritan values, however. They get married and stay married. They work hard and work long hours. Not so for the blue collar, never-got-beyond-high-school class, however. A shocking number aren't even working at all. Many are not getting married in the first place. Of those that get married, the divorce and separation rates are soaring. What about happiness and well-being?...