Showing posts with label tax. Show all posts
Showing posts with label tax. Show all posts

Saturday, December 18, 2010

Obama Refuses to Take Bush Rebup Tax Poison Pill

The President stuns Democrats and Republicans by Refusing to Take Bush Republican Poison Tax Pill. There are those that said the President should fight to prevent Republicans from giving the Rich 700 billion more of the middle classes money, he didn't. (Video)



Let's Go To the Video Tape



There are those in The MSM and bloggers that said the President has no backbone, not willing to stand and fight for what he believes. They said he would "Cave" on Tax cuts. Causing many Democrats to cower prematurely loose confidence in their leader who has won every major battle he has engaged the Republicans in. How soon we forget his gifts of effectiveness, foresight and decisive action to benefit the middle class and hard working Americans.

We also forget the dirty tricks nature of the Bush undead, but the President did not forget. He took note of Bush and the forty thieves saying They Set "Trap" For Obama That "Feels Pretty Good". They thought they left a poison pill for the President. That is a tax increase for the millions of middle class Americans making under two hundred and fifty thousand dollars, problem is, he did not swallow the Republican Tax poison pill.

He cut a far better deal with the few "sane" Republicans left standing then he will get from the Bag House that will take over in January. The 2 year temporary stay on reverse Robin Hood tax cuts for the rich puts the Republicans on the defensive. If Republicans now, after they have been given what they asked for, force hardworking Americans (99ers) to become destitute and raise taxes on all of the American middle class. The American people will know exactly who increased there taxes. You will notice they did not have the courage of their convictions to cause a massive tax increase, they compromised.

We should also duly note that the Republicans used this tax hostage situation to launch the first formal  clandestine attack on our/my Social Social Security.

Like Health Care Reform our President's smarts wins another victory for the American Middle class, working people and our recovering economy.

The battle cry going forward must be Stop The Republican ATTACK on SOCIAL SECURITY, elect the lock box candidate in 2012







Friday, December 10, 2010

Obama/GOP Tax Compromise InfoGraphic

If the Obama Democrat and Republican compromise on Bush Tax cuts for the wealthy becomes law, what does that mean to you. This interactive infoGraphic shows the Bush Republican Plan, The Obama Democratic Plan, the Republican Tax Poison Pill Option and the compromise plan.

There is a lot of hype about the Great Obama tax Deal of 2010. Much fun is being made of the initial internal democrat battle of the smart Dems trying to bring the slow and hard core left Dems on board.
On the other side there are funny's about Limbaugh blowing a gasket over the Obama/Gop compromise. This infoGraphic gets past the funny's and on to the facts. It shows what comes into or goes out of your pocket in each of four options.



To view the interactive InfoGraphic Click Here

My Analysis of the Four Options

1. Option Two
Bush Republican Plan - Nothing changes the rich get richer

2. Option Three
Obama Democratic Plan - Rich pay for the second stimulus to repair the economy destroyed under Bush and the forty thieves. It could be called the"Rich Pay your fair share plan" which, they say they want to do. They say, like the President and Warren Buffett, that we should pay more, we can afford it in this our country's time of need.

3. Option four
Republican Tax Poison Pill Option - Hold Middle Class Americans Hostage by threatening to raise taxes on all and kill the economic recovery, unless millionaires/Billionaires  keep Bush tax giveaways.

4. Obama/Gop Compromise Plan
Middle Class Taxes do not go up, Unemployed are not forced into destitution by Republicans, the Nation gets economic stimulus #2 with with .30 cent return on every rich person dollar and a $1.30 return on every middle and working class dollar.

Bottom line:
We the American people hired the right guy to run the country in time of trouble. The Deal Maker got stimulus #1 moving, then Health Care Reform and now Stimulus #2. An impressive string of victories for the American people by any measure.

Thursday, December 09, 2010

Deal Maker - President Wins Release of American Economic Hostages from Republicans

like HCR, our president wins another another victory for the Middle Class.

Reagan Held American Hostages Now the Tea Party Holds American Hostages.

 Remember when criminal Republicans held hostages to make Reagan President. The names have changed but we have the same bad actors in the Republican Party now called Baggers. What a track record.
More positive reviews of what President Obama did keep coming in. And by positive reviews, I mean negative reviews from the right wing. The Rush Limbaugh crowd hates the deal.
For the full Story see Randi Rhodes
Read more at aunk.newsvine.com

Friday, November 19, 2010

14 Ways 90 % Tax On Filthy Rich Fixes Our Economy


A return to Eisenhower-era 90% top tax rates helps fix our economy and country in several ways:

1) It makes it take longer to end up with a fortune. In fact it makes people build andearn a fortune, instead of shooting for quick windfalls. This forces long-term thinking and planning instead of short-term scheming and scamming. If grabbing everything in sight and running doesn’t pay off anymore, you have to change your strategy.


4) Combined with badly-needed cuts in military spending – we spend more on military than all other countries on earthcombined – taxing the wealthy ends budget deficits and starts paying off the massive Reagan/Bush debt. This reduces and ultimately eliminates the share of the budget that goes to pay interest. The United States now has to pay a huge share of its budget just to cover the interest on the borrowing that tax cuts made necessary. Paying off the debt would remove this huge drag on our economy. (Never mind that Alan Greenspan famously called for Bush’s tax cuts by saying it was dangerous to pay off our debt – now that same Alan Greenspan says we need to cut benefits to retired people because our debt is so high.)

Source:

14 Ways a 90 Percent Top Tax Rate Fixes Our Economy and Our Country | OurFuture.org

Another way to think about America's challenge of paying for what she wants is the Maximum Wage concept. We have all heard about the Minimum Wage, but what is the relationship between the two and what should it be?

What we are really talking about in this article is a kind of basic financial cultural literacy necessary to understand American human development and human development in general. A nation's rising economic development does not necessarily lead to rising human development (health, education and welfare) for its citizens. Every citizen should have a working knowledge of these relationships if one is to vote in one's self-interest. There are reasons we cannot let the corporate crack mules, known as TeaBaggers, turn America into a corpocracy.  For more information I recommend a  web site called Too Much. The site is an important resource on economic excess and inequality. Personally, I love the abundance of graphs for the average man at the site.

How do you think we should Pay for Health Care Reform and the other things our country needs.




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