Face The Nation with Bob Schieffer - Clinton: Obama's millionaire's tax a good idea

[Tikiman03]

I wish Bill Clinton were still president.

[Tikiman03]

@Tikiman03 was*

[DarklyDreamingRahu]

@eric090909 Clinton was pretty presidential while he was president as well.



[TheYoungTurdz]

@achzdck Don't waste your time waiting for a politician to save your broke ass.

Take ACTION and do it yourself, or you WILL always be broke and sending out yo momma.

[TheYoungTurdz]

@achzdck Yes, I am sure that your Mother is turning tricks still. Be a good son and help her retire.

[TheYoungTurdz]

@achzdck Yes, my Mammy lives at the WH with the Obama's. You got the address right.  I'll let my hubby know it is on it's way. I hope your wife didn't eat the cash before you mailed it. I hear she has an ass as big as Michelles Obamammies.

[TheYoungTurdz]

@achzdck Dam, UR right!!! UR stupid!! What address did you use?

1600 Pennsylvania Ave., DC, 20500

[TheYoungTurdz]

@achzdck Not without your address.

[TaxRevolution2]

The top 1% pay nearly 40% of all taxes. The bottom 48% of Americans pay NO taxes, and yet the rich don't pay taxes? What you hear in the media is only half the story. Investment income is only taxed at 15% because of Double Taxation. Go educate yourself you lazy and envious Americans. The new liberal = "give a man a fish, feed him for only a day" - Millionaires who invest allow others to earn money by starting businesses, etc. Do some self-education. BTW: I'm a tax accountant. I know the code.

[DarklyDreamingRahu]

@TaxRevolution2 Actually, it is 38.02% of all federal taxes. In the 50's, you know, the mythological golden period, they paid 85% and they still lived in beautiful neighborhoods. They still lived nicer than anybody else. They still owned multiple houses. Your argument is flawed at the core. Greed is not an argument against compassion.

[TaxRevolution2]

@DarklyDreamingRahu I would love to see your numbers. Please send me the link. 38% is 40% if you want to get your point across. BTW: It has nothing to do with greed. That's what you leftest think.

[rebelus]

Clinton was a really good president. He is also a good motivator. He is still doing stuff that is helping out people in the world. Now with what Clinton is saying is true and Obama should bring this up in his speech. To get out of a recession of this magnitude takes 5 to 10 years to get out of. So what I believe the Republicans are doing is putting a rench in Obamas plan so they can get in office and make it seem like they fixed the economy. Funny how they play games while millions starve

[clintdanz]

I just had a white father and his small boi come up to me tonight and ask me for money......all I could give them was $2! But felt good cause I showed that I have empathy for their situation and he was much greatful!

[TheYoungTurdz]

@achzdck tincture? candies? other edibles? sativa or indica? several strains. Just place your order with your address and method of payment: paypal, v, mc, amex, cash is preferred.

ru all talk?

Tote any cross you want, however a vaporizer is healthier.

[TheYoungTurdz]

@achzdck Do not deliver, have mule for such. Cash only fool.

Send me your address, I'll send you sativa with mule.

[stevenr107]

When Clinton was in office, the USA and it's people were all doing good. there were no wars going on, u.s. troops werent dying somewhere over seas. we all had jobs & homes. gas was cheap. WHAT HAPPENED TO THOSE DAYS???

[PunkysDilema1970]

. . . YEAH, F**K OFF ''PATRIOT TEXAS", YOU LOUSY TROLL.

[1tonyLoo]

Clinton is just another liberal hack whose opinion should not be taken seriously. Increasing tax on millionaires would just drive the jobs away from USA. We don't have a revenue problem what we have is a spending problem. Until liberals like Clinton understood will never solve the problem that plaque us today.

[awesome399]

@1tonyLoo Clinton is one of the most intelligent presidents we ever had - he was a rhodes scholar, so he probably has more intelligence than you. He helped curb the deficit that Reagan created with low taxes and high military spending. Also read Warren Buffet's recent op-ed in the New York Times taxing millionaires will not hamper investment and job creation - there is still a profits incentive. Repeating dogmatic free-market mantras shows stupidity.

[1tonyLoo]

@awesome399

Yes, he might be intelligent but he's also stupid and dumb...remember the Lewinsky scandal. You been getting too much info. from liberal sources, try other sources and widen your knowledge. Liberal mantra is keep spending and extort money from job producers to pay for it. That's the reason why jobs are sent oversees. You keep listening to this guy and he'll send you and your grandchildren to the garbage too.

[molloyxx1]

@1tonyLoo Jobs are sent overseas so corporations can pay their employees 10 cents an hour rather than paying an America a living wage. Period. American manufacturing has collapsed entirely because of greed. Taxes, at present, are at a 50 year low. Corporate profits are up. The upper 2 percent have seen a huge increase in their incomes while wages for the middle and lower class have actually declined. The rich run this country, awesome, not the poor or the middle class.

[molloyxx1]

@1tonyLoo Jobs are sent overseas so corporations can pay their employees 10 cents an hour rather than paying an America a living wage. Period. American manufacturing has collapsed entirely because of greed. Taxes, at present, are at a 50 year low. Corporate profits are up. The upper 2 percent have seen a huge increase in their incomes while wages for the middle and lower class have actually declined. The rich run this country, awesome, not the poor or the middle class.

[molloyxx1]

@1tonyLoo The economy boomed under Clinton AFTER he slightly increased taxes on the upper 2 percent. Bush lowered the taxes on these elites and left office 8 years later with a miserable record on job creation. The cost of the tax cuts to the elites has been well over a trillion and climbing and served no purpose other than to increase their fortunes while middle class wages stagnated. The Disater in Iraq will cost us 3 trillion before its done. Who did you vote for in 2000 and 2008?

[PatriotTexas]

Coming from one libtard idiot supporting another's bullshit bills. This is typical libtard bs smokescreen yet again.

[refuckulate420]

@PatriotTexas

Fuck off you lousy troll.

[awesome399]

@PatriotTexas Clinton is one of the most intelligent presidents we ever had - he was a rhodes scholar, so he probably has more intelligence than you. He helped curb the deficit that Reagan created with low taxes and high military spending. Also read Warren Buffet's recent op-ed in the New York Times taxing millionaires will not hamper investment and job creation - there is still a profits incentive. Repeating dogmatic free-market mantras shows stupidity.

[teabaggersblow]

@PatriotTexas Don't worry those millionares should be able to pay for that asshole you been giving up.

[PatriotTexas]

Case of point or in this case fact. The rich would put more of their money overseas out of the reach of the IRS if this pushes through. In the end the middle class and poor people still wind up paying for libtard crap. This is not my opinion, it is known and verifiable historical fact. How many movie stars get out of paying taxes that way currently.

[teabaggersblow]

@PatriotTexas They have already taken all their profits overseas you ignorant teatard. How much more money you going to give up to these unamerican bastards? Keep the money here and fuck those overseas tax sheltering pieces of shit. How many chinese jobs do you want to give up with more tax breaks for those republican slimey bastards. They take money out of this country anytime they want a profit but want a tax break from republicans when they bring the money back to America. Fuck republicans!

[ladylordess]

LOL. Well if Bill Clinton says it is so, it MUST be true!!! Bill never lies.

: )

[coltor9]

An excellent idea and long overdue, like 10 years overdue! Send them a tax bill for the past 10 years as Bush, scammed us.

We've got Americans all over the US living in TENTS, even with their children!

It's disgusting.

The GOP reign of greed needs to end, NOW!

[noldi123]

@coltor9 I also agree !!!!

[coltor9]

@noldi123 The GOP sent all the good jobs overseas over 10 years ago and they got the nerve to talk about JOBS? These GOP people talk about class warfare when they delcared war on the middle class and poor, 10 years ago. What's wrong with these people. They are not even American the way they act and contribute to making the US look like a 3rd world country with bad roads, bad bridges, bad levies, bad water, oil in the Gulf, people living in tents, bad schools, deteiorating electrical grids,etc.

[5PEDROGARZA8]

o.O

[BlackRepublican2010]

@coltor9 Obama raising the income tax saying it will raise revenues shows how ignorant Obama is about "rich people" (not all people remain rich their whole life)but Obama does not even pay attention to his own partner in crime, Warren Buffett. Buffett makes $100,000 a year salary,so his tax rate would not be impacted by an income tax hike.Furthermore, Buffett makes most of his money through capital gains & dividends, taxed at 15-20%.Buffett knows this, & his own company owes back taxes!NOBAMA!

[coltor9]

@BlackRepublican2010 Raising taxes on millionaires is the right thing to do and over 80% of Americans AGREE. You're in the minority.

Clinton raised taxes and the economy was good.

You watch too much Fox News.

[MetalDetroit]

@coltor9 The purpose of taxation is to raise revenue for the government - the purpose of taxation is NOT to make things "fair". It has been PROVEN over and over lowering taxes leads to higher revenue for the government due to increased economic activity.We do NOT have a revenue problem we have a SPENDING problem. I could about guarantee you that the rich do not have three kids by the time they are 18 and spend the money they do have on tattoos and smokes. Yet the poor people I know do.

[coltor9]

@MetalDetroit Hey idiot. Taxes were cut 11 years ago and we are STILL under the GOP Bush's TAX Policies and economic policies, dummy. Obama, hasn't changed the BUSH tax code . It's the exact same taxes as 11 years ago dumbo. Where's all the ECONOMIC ACTIVITY.

It's a huge FAILURE. Why do you think we want to RAISE TAXES on the rich.

You guys just don't get it.

We are UNDER BUSH TAX CODES already. Nothing's changed on taxes.

[MetalDetroit]

@coltor9 who are you calling an idiot - I never said Obama did change Bush's tax code. Show me ONE time in History that raising taxes in a down economy HELPTED the economy......Good luck with that. Raise the tax on the rich ? Can you even understand the fact that if the government SEIZED all the wealth of millionaires and billionaires in this country it would not make a DENT in the deficit ?!!! There aren't ENOUGH millionaires and billionaires. $14,500,000,000,000 in debt.

[coltor9]

@MetalDetroit Bill Clinton. He raised the taxes on the rich to 39% and we had a booming economy. The fuc-er Bush lowered it back to 35% and we hit the shi-ter.

The debt does need to be lowered and Obama's jobs bill does both.

Millionaires need to pay up. They've created no jobs with their 11 year tax cut.

Game over for them.

[MetalDetroit]

@coltor9 Under Clinton there economy was going well - but he also had the tech boom. Internet companies ( Under George H.W. Bush barely anyone had even heard of it) there was a boom and a bust as companies took off and were soon belly up as people realized that Internet companies didn't actually MAKE anything. George W. Bush also had a MASSIVE downturn in the economy that cost 100's of BILLIONS of dollars because of Sept. 11th.Clinton did NOT have that to deal with it.

[DarklyDreamingRahu]

@MetalDetroit Honestly, I could show you lots of examples where raising taxes on the wealthy "HELPTED" the economy. From FDR to Bill Clinton, it is historically successful.

[MetalDetroit]

@DarklyDreamingRahu You are wrong in both accounts - Economists generally view that FDR EXTENDED to Depression by 10 years by his economic policies - it was in Fact the increased production due to WW2 that pulled the U.S. out of the Depression. As for Clinton - Bush SR. Had BEGGED Allan Greenspan to cut interest rate - saying the economy would take off it was lowered. Greenspan did - AFTER Clinton ws elected. He also had the tech boom -

[MetalDetroit]

@DarklyDreamingRahu At the start of Bush Sr's term - no one had even HEARD of the internet exept the most intense computer geeks. Please explain - if you can - HOW increasing taxes improves an economy. you cannot - because it doesn't.

[coltor9]

@MetalDetroit Hey idiot. Taxes were cut 11 years ago and we are STILL under the GOP Bush's TAX Policies and economic policies, dummy. Obama, hasn't changed the BUSH tax code . It's the exact same taxes as 11 years ago dumbo. Where's all the ECONOMIC ACTIVITY.

It's a huge FAILURE. Why do you think we want to RAISE TAXES on the rich.

You guys just don't get it.

We are UNDER BUSH TAX CODES already. Nothing's changed on tax

[uutuber431]

Whats he talking about Arts and Crafts People in Haiti?... lol?

[mrspeel7]

@uutuber431 I was wondering about that myself. I haven't researched it yet, but my first guess was that he observed a group that was creating a marketable product and could profit from its trade. Just a wild, pre-research, hopeful guess on my part...

[edeal86]

Feasibly, because he created 23 million jobs, and actually had our debt/GDP decreasing in a steady continuum. Which is an achievement that none of his modern presidential colleagues could accomplish(including Reagan).

[dlucas90]

Wasn't this the guy that signed NAFTA into law? Now he's talking about creating jobs for Americans as if he gives a damn.

Screw the GLOBALIST INFULTRAITORS, that have infested our govt.!

[SKHSirNicolas]

Best President since JFK!

[floatingcompassmedia]

Does this mean GE will be taxed???

THERE WILL BE LOOP HOLES!!!

[cesar333]

Guys, just give the pee-pee down economics a chance to work. its only been 30 years.

[eye7view]

If the Rich paid zero in taxes, they won't hire unless there is a demand.

If average people have more money to buy, then that creates demand. demand creates jobs.

[Uaz31]

Hes not the President, so don't call him Mr. President. His term ended over a decade ago and he as well as his wife think they are running this country. Clinton should of been impeached for his adultery actions in the white house.

They not taxing the rich enough!! They trying to make this tax look like its so tough on the rich when its nothing. Tax the Hell out of them like they did to alcohol.

[teceyS3]

Why should we listen to this incontinent cocaine addict, who cannot keep his pants zipped and his wick dry ? ? ? GIVE ME A BREAK.

[rumpole33]

@teceyS3 - so u'd rather listen to george w bush who gave us this enormous tax cuts for the wealthy & mega subsidies & tax cuts for big international corporations?

[teceyS3]

@rumpole33: i'd rather not listen to any politician...

[rumpole33]

@teceyS3 - Then that's sad, because they're who regular people 'hire' to represent the well-being of the WHOLE nation, which of course means what they do affects you & everyone around you.

[JUSTACHIPN]

Just get this black basterd OUT the white house !

[jimisback]

How is taxing the rich more going to create jobs?

[TrollMCTrollinMAKKY]

Tax the rich, create jobs, stop the wars, legalize pot and tax it. Then all will be good.

[CapnDumpsterDiver]

Great Plan, only one problem, it is them that siimply will pass the cost on to the poor people who are already struggling. Theur not stupid, we have too do more with the money we get, an no pet programs an no accepting money or gift's from the lobbyist group's! Thats where in the problem lies. We have plenty of money it is what we do with it that counts!

[marsCubed]

@CapnDumpsterDiver An international minimum wage.

Tax corps that don't pay workers fairly.. get partners to do the same.

Good sustainable standards.

+ stop destroying sustainable rural communities for low pay.. it costs the rest of us even more.

All populations should move to redistribute & tax their 2%s more.. level the field.

The alternative is miserable inequality 0.001% nasty rich in a sea of deskilled fail.

Even Taiwan has robots making plastic toys these days.

rat-race economics is dumb.

[CapnDumpsterDiver]

@marsCubed Ok, sounds great! Except one problem, they simply pass on the cost to the people you now wish too uplift. An your right to a degree, but more needs to be done, a management of resources an an equal didvidend for the existing co's. A fair shake for all. Hell, incorporate everyone! become your own corporation! The idea is to get on a level playing field with the social elite. Why cant we have what they enjoy?? Thats not unfair.

[CapnDumpsterDiver]

Respond to this video... this country was founded on a fair tax strategm, we need to go back to it. I think they get too much from paychecks of the lil people, but the fact is, the fat cat's are able too manipulate the system, the bailout? Whatta farce! They did take the money an make their sweat shops bigger overseas! How did that help the American People? I said an will say again, ea person in the U.S. would've been better off getting a check for 17k each person! We bailed out greed!

[marsCubed]

@CapnDumpsterDiver " siimply will pass the cost on to the poor people who are already struggling"

But that's the exact opposite; Taxing the richest is by definition passing on the cost to the 1% who actually have the money.

profits went up, bosses paid ppl less.

If trickle down happened you might have a point. However, people gave up unions, wages, borrowed because giving the boss more was supposed to trickle down.

People lost their homes, wages, health for trickle-down.. it's not an incentive.

[CapnDumpsterDiver]

@marsCubed now let me get this straight? You think that they whom have been getting more an you want too create union's too stop it. But spread the profits too the worker's an they "the "elitist" are going to give up on how they have become accustomed?? I agree with you but it is unworkable an the end result is inflationary cost. Which results in poor people cannot access. (as they cannot work) so the problem is multi lateral, an the answer is good but not sound. Rein in Corp's is the key.

[marsCubed]

@CapnDumpsterDiver

I agree.. & reign in corp's myopic profiteering ideology too.

All is very possible, capitalists either realize they cause problems by competing ever more fiercely into inequality (historically considered unlikely).

or the rest of us tax & socialize production.

Or something in-between.. Many ways it can happen including copyleft, redefinition of property, democracy paradigms.

Magic market spin doesn't cut it anymore. We need to be on the curve of Socially viable forms.

[plumberx]

I'm not a millionaire are close, but I think we need to leave this guys alone are they will all move out of the country and take there money with them. 50 percent of some thing is better then 100 percent of nothing.

[marsCubed]

@plumberx Worker productivity soared for decades, yet wages stagnated or fell.. people borrow for basics, ie health, housing.

The hyper rich already take capital out of the country, to get cheaper workers thus driving wages down everywhere..

This de-skills populations & means nobody can afford to buy.. or sell.

Tax the rich, invest in reasons for companies to stay & pay good wages; designers & next gen robot engineers.

rat-race trickledown doesn't work, It shrinks markets (wage earners).

[plumberx]

@marsCubed Around 3 percent of the country Money comes from Businesses and millionaires that we want to tax. That's 97 percent of the country depending on this 3 percent now if the 3 percent drop to just 2 percent we have a big problem million of jobs will be lost making things worse. The middle class and the poor want have a job to pay any Tax hire tax for any one is not the answer and it will hurt small business also the back bone of America.

[marsCubed]

@plumberx In the context of individual capital's perspective what you say makes sense.

However the problem is all capitalists do the same.

->Turnover cuts price, but it also cuts profit per item. ie, Selling 100 things for 1p is better than selling 1 thing for 10p. (which wouldn't sell anyway as other stuff costs 1p).

Turnover cuts profit per item and also tends to market saturation.

+ investments soar for machines while margins get smaller. production becomes 'unprofitable'; worsening crisis

[marsCubed]

@plumberx Cont.. Today competition is for 'profit'. a word with null meaning.

Empty factories; unemployment, Goods in stores nobody can afford. Gross inequality, layering of theocratic levels of hegemonization.

Contradictions will work themselves out in odd ways IMO.

A saner suggestion than some; is 'market improvement'. Big picture economics. social quality of manufacture index.

Positive investments in skills, green, high-tech connected populations etc.

Sustainable outcomes worth investing in.

[WHIREAS]

Get the fuck out of Iraq, legalize drugs, and tax the fucking rich!!

[donzaliko]

@WHIREAS best comment ever agree 100%

[FlaashMobUSA]

@WHIREAS Simpleton

[WHIREAS]

@FlaashMobUSA You're the simpleton.

[FlaashMobUSA]

@WHoREASs original of you. derp. 

[Smartassawhip]

@WHIREAS AMEN!

[ObowMao666]

@WHIREAS ... yeah right, let's punish success so everyone can be a druggy loser like you.

[rumpole33]

@ObowMao666 - right now, we're punishing the low & middle income class just to support tax cuts for the wealthy.

[WHIREAS]

@ObowMao666 Taxing the people in in our country who already have more than enough money to go around is nothing but logical. And by the way, I come from an upper-class family, so I'm not just saying this because I want to "turn everybody into a druggy loser like myself". Oh, and also; you're an imbecile.

[libsarecommies]

@WHIREAS Nuke Mexico, California and DC, abolish welfare, obammycare, the income tax, the IRS and government education, tax voters for being stupid...and get out of Iraq.

[ariuszarim]

@WHIREAS Why just the rich?

[WHIREAS]

@ariuszarim What kind of imbecilic question is that...? Maybe because they have more than enough money to go around? Moron....

[ariuszarim]

@WHIREAS Why tax them, why not rob them?

[ariuszarim]

@WHIREAS Plus, if you can just take it, it's not really theirs, is it?

[TheYoungTurdz]

@WHIREAS Take some more drugs, that will solve all the worlds problems.

[refuckulate420]

@TheYoungTurdz

Troll some more, that will solve all the worlds problems.

[teabaggersblow]

@WHIREAS Dude you sound more educated than any of our politicans especially the republicans.

[401Vortex]

@WHIREAS Get a brain. Drugs will rot your brain.

[Bjgemini524]

@WHIREAS Seriously... so I can have people walking around, all jacked up on cocaine, meth, or weed and it'd be LEGAL?! WOW.

[molloyxx1]

@Bjgemini524 Alcohol is responsible for tens of thousands of deaths per year, either vehicular or criminal yet it is legal because the people who make laws happen to use it. Marijuana is entirely innocuous, making people too lazy to leave the house or do much of anything. And if my next door neighbor wants to load up on crack or cocaine or heroin thats his business, unless he kicks my dog, at which time he will be crippled for life. The War on Drugs has been a trilion dollar disaster.

[Bjgemini524]

@molloyxx1 I seriously think that were better off with the drugs that are legal NOW being legal. Sure, tobacco is a no good piece of SHIT drug, as is cocaine, heroin, meth, pot, etc. But look what happened with prohibition. While I think alcohol could be used responsibly, those idiots abusing it... if people didn't abuse it, then it'd be fine.

[noldi123]

@WHIREAS I agree!!!!!!!!!

[TylerThrashPeace]

@WHIREAS Legalize drugs? lol

[WHIREAS]

@TylerThrashPeace Let me clarify that part for you: legalize, regulate and tax drugs!

[TylerThrashPeace]

@WHIREAS haha okay there we go. Id do it for weed but thats it. 

[Sluggo721]

@WHIREAS and prostitution :D

[plumberx]

I'm not a millionaire are close, but I think we need to leave this guys alone are they will all move out of the country and take there money with them.

[WHIREAS]

It's a step in the right direction.