Barack Obama: "I will NOT raise taxes. Period!"

[jandg92]

Just raise youre taxes, america, youre just screwing yourself by not doing so. You can't have a montrously large army and the occasional war for oil or other gains and low taxes at the same time.

[Unklebillybob]

2 1/2 years Later Unemployment:

Unemployment Statistics 2001-2011:

BUSH - 2001 4.7%, 2002 5.8%, 2003 6.0%, 2004 5.5% First 4 year Ave = 5.5%

BUSH - 2005 5.1%, 2006 4.6% 2007 4.6%, 2008 5.8% Second 4 year Ave = 5.03%

BUSH'S EIGHT YEAR UNEMPLOYMENT AVE = 5.26%

If you took both of Bush's 4 year terms and ADDED the Unemployment Figures together, you would come-up with the 10.53% Figure.

Oblama's 2 1/2 Year Unemployment Ave is 9.36%

No Business Being President

[Norwification]

Taxing smokers is a good idea. It's a demerit good that seriously hurts the economy as smokers die younger, use more healthcare, and have more days off work. With the taxation revenue, one can shift the marginal social cost back to meet the marginal social benefit/private benefit of smoking.

Money to pay for the debt has to come from somewhere, taxing cigarettes is a good place to start.

If economics isn't your strong suit, then you probably shouldn't talk about it as if it were...

[FunGuyFilmz]

The country is in 14.4 trillion dollars in debt.... I HAVE THE PERFECT IDEA GAIZ, HOW ABOUT OBAMA SHOULD LOWER THE TAXES!!!! WE SHOULD GO TELL HIM!!!

Wait you mean we can't lower the taxes with that kind of debt? HORSE SHIT! How about us republicans go make a video on teh internetz about it! YEAH! PERFECT IDEA!

[david52875]

@FunGuyFilmz it's called a laffer curve, idiot.

[iRHAPEzombiies]

He should put his tie on his ass since that's were he's talking out of now.

[MrSizzlingsilver]

Obama is just a puppet.

[KNOWYOURENEMY1518]

I can't believe people voted for this dumbass, looking forward to 2012 already.

[blownone1]

If you voted for this fraud, you done fucked yourself and everyone with you.

Takes a special sort of stupid person to shit in their own back yard to fuck with the neighbor.

[MrTonyRod]

Just proves that these guys have NO CLUE!!!!

[AnnihilationISTRUE]

Viewed on 7-19-2010 but certainly remember Obama making this claim during the election 2008! Didn't believe him then & CERTAINLY don't believe him now after HCR & other programs to hurt Americans & especially the middle-class. But on a worldwide OR eternal note~~ my belief is that Jehovah God is using POTUS Obama to usher in the END of the WORLD & annihilation of the entire Universe. see familyradio com wecanknow com ebiblefellowship com isannihilationtrue com daysof vengeance com AMEN

[Realitycleans]

Obama the greatest liar.....

[elknrut]

This is right he will not raise taxes. But he will let the Busch tax cuts expire. This includes the marriage breaks, if you make around 100,000/year, it will raise your taxes by $2,500 a year. Make less or more it will still effect you. Also, inheritance tax is back huge. No more breaks for business buying equipment. And of course the dividends tax will go up. This guy says no one owns stock? A lot of retired folks do, it will hurt them.

[jmkpns]

Obama isn't raising taxes on the rich. It's the middle class that is getting killed.

[fububalla]

Excellent clip find!

Look people, Jim cramer.. nice guy, i watch him, but he's a puppet.

Don't get mad at obama on the economy, get mad at Goldman Sachs! They run this joint, do the connections your self you will see. It's a very profitable company so if your looking to invest i'd wait for the dip here soon

[GetClued]

(Read my lips) "not one single dime!"

Did anyone REALLY believe that, even back in 2008? LOLOLOL !!!!!!!!!!!!!!!!

[happygocarts]

I think that if the govt really did a shit about this country they would keep out of everything.

Shoulda let all the car companies fall. Something grander would have came of it if they did.

Lord forbid America starts making decent automobiles that are affordable and last!

Lord forbid all those CEO's not make their goals for the year!

[nyteaparty]

YOU LIE!!!!!!!!!!!!!!!!!!!!!!

[fastball186]

fuckin bullshit.

My family of nine kids is a lower middle class family full of hard working citizens. Obama has already raised taxes and it is hurting our family.

FUCK OBAMA

[t8rtot]

@fastball186 You shouldn't have so many kids... Then you wouldn't be bitching...

[fastball186]

From T8rtot "@fastball186 You shouldn't have so many kids... Then you wouldn't be bitching... "

T8rtot you must not be very smart. I am one of the 9 kids. And that is an ignorant thing to say. You must be one of the retards apposing occupy the streets because you think it's those peoples' fault they are "in debt". So you are justifying people getting screwed by corrupt companies that charge you 30$ for going 10 cents overdrawn by mistake? mistakes happen.

trusting obama is a big one.

[Calhounism]

READ THE HEALTH CAR BILL THAT PASSED THE HOUSE!

You will be paying a medical devise tax on stuff like condoms, tampoons, and toothbushes. Just to name a few.

"I will not raise taxes on those making under $250.000" -- obama

He sure is going to creat some TAXES, not to mention he already raised taxes on the smokers back in february 61 cents a Pack.

[Iznibz]

Oh for God's sake, get your quotes right.

[peapodsss]

it only makes sense if youre going to kill yourself via lung cancer you might as well give the money you wont be using back t society.

[Calhounism]

@peapodsss

The point is he is a liar. You know obummer smokes right? You are a fool. So, since worthless fucks like you take from the system and never put in to the system, you should be taxed the highest. You need to give the money you wont work for...back to society.

[peapodsss]

No you should be taxed more its obvious you just hate america.

[jmkpns]

@Calhounism They don't care because they still think that they are going to get free healthcare.

[themou2008]

Any politician will not go right out and say "I will increase taxes on the middle class" because they know that if they did so, they wouldn't get elected. Instead, they say "I will increase taxes on the wealthy". Well, yeah! because they have the money. Where do they get the money? It trickles down to the consumer. It's an indirect tax increase on the middle class. And in 1 year,we'll complain why gas,food and clothing is so expensive.

[mrhoffame]

Such bull. He is only talking about "INCOME TAX" here. Let's use a bit of common sense. He says I won't raise any income tax on you...BUT....I will put a extra tax on buying songs on itunes, a pack of smokes. Cap and Trade?.. You think any company will just eat that cost?.. No it will all be passed down to consumers. What he should have said. I will not tax your income but I will make Ameren UE charge you more because of cap and trade...then get it from them

[VideoJerk1999]

No he specifically said several time that it was not just income tax but NO taxes.

[mrhoffame]

Thanks for the reply. What is your view on the second part of my statement? Do you see that as being true or some flaws in that line of thinking? Would love to hear your opinion.

[VideoJerk1999]

that all those other taxes make him a liar. He made at least 2 statements about how he would not raise ANY taxes.

My view of cap and tax is that it will kill 1000s of Americans. As it stands now 100s die every year because they can not afford to heat or cool their homes. So when the cost skyrocket so will the deaths.

[hierate]

Im still waiting for all of my promised "Change". I voted for McCain, and every time i see someone with a "change we can believe in" bumper sticker i want to run over to their car with a sharpie and write "When?" on it.

[yachtzzuuup]

notice that most obama bumper stickers are always on japanese cars

[News4usall]

Wow. Hard to believe anyone actually believed him.

One year later and a tsunami of various taxes....

[Stingerbillion]

LOL, people who believed him voted for him. I, on the other hand, didn't vote for him because he's a liar. Things that he mentioned are lies and no way achievable unless taxes are raised on everyone, so yeah, i wasn't surprised. And those who voted for him, are stupid. Obama knows how to speak but he doesn't know how to lie.

[burdell]

What a liar.

[Glyvxx]

He's full of shit.

Look at your paycheck. 60 bucks a week gets taken out for taxes. I had more money when Bush was in the white house.

As for Obama, I didn't vote for that rich boy socialist.

[burnmetodeath]

How the fuck do you figure? Blacks make up, in the most generous estimates, 13-15% of the population in the U.S. So, how the hell do you expect the population to jump by 68 goddamned percent (204,000,000) in 16 years, when blacks have the highest abortion rate in the U.S.?!?! Dead white people owe dead black people. I don't owe you shit, you arrogant prick! My ancestors were indians and european immigrants who moved here well after the turn of the 20th century, so go fuck yourself!

[JADIAZ79]

Your right Bush did suck. He ruined our economy. Much of it was he didnt stand up to congress and much of it is that he is more liberal when it comes to economic policy than 90% of republicans.

Now we have an even more liberal president, lets see where that takes us. Im guessing further down the spiral. :(

[burnmetodeath]

I agree completely.

[UGABB]

Obama is just a big disgusting pile of Obamanure!

[danimal9579]

Mr. Kramer, you are wrong. The Dow is down over 2300 pts since election day...everytime BO makes a speech or signs a bill, the market tanks.

[McRushbo]

Kramer is out of his mind... and BO will completly ruin this country from Energy to Economics, to basic rights to safety...

[kehaulani82]

persident bush already raised our taxes and people are already on unemployment because f PRESIDENT BUSH

[Markus77x7]

Obama = LIAR.

[xMASdestructionx]

What did he lie about?

Please, do tell.

[ZeckBlue]

Please do wake up.

[njuhli]

When Obama lets Bush's tax cuts expire the taxes will rise. When Obama raises payroll taxes on companies unemployment will rise. When Obama spends trillions and grows the government inflation will rise. Go McCain/ Palin!!

[PleaseDontTax]

What they are not pointing out is that Obama has stated many times that he will raise taxes on businesses. Taxes on business are immediately passed to the consumers of their products. Much like a sales tax. A sales tax has a much bigger impact on the middle class who spend most of their income. Unlike the Rich who can afford to save. Thus the middle class will be taxed higher with Obama.

[Schwarznasen]

Utter rubbish. There is absolutely no doubt that Obama will tax each and every one of the 60% of Americans who pay income taxes. This will be equal to hardworking Americans, already taxed to the hilt, writing a check to the unproductive and lazy 40% for doing nothing. Obama's principal objective is redistribution of wealth. This will result in nothing but "trickle-up poverty".

[XOSAMMii]

and the campaign lies continue.

[cny70]

So anyone making 250K or less will not have there taxes raised. This is one of the biggest lies of his compaign.

[dapperheid]

Republicans cant think of nothing else so they throw the raise tax card at Obama. whats wrong Republicans Sarah Palin aint working now.

[SelfAccountable]

It's not a raise tax card -- its a fact.  Democrats raise taxes, and pay off elitist Jim Cramer at the same time.

[Napstrpsx]

News flash to SelfAccountable: Believing/saying something does not make it so. Please keep your delusions to yourself.

[carnalusband]

yea, tax breaks really only help the rich keep another million every year. do the math...that money could be going into schools and roads and promoting industry.

here...take the $100 tax return i got back from the $8000 i gave to the government last year from my total gross of $29000. i hope that it covers the 10 billion we spend every month in iraq. and you can have back the $0 they gave my dad for me being his dependent. i thought he was supposed to get that money cause i sure didnt get it.

[AndrewEyedea]

John McCain isn't George Bush. I wonder if 911 and the internet boom had anything to do with this. Oh wait we can give the Dems credit because I heard Al Gore created the internet.

[badp81]

Anyone who believes Obama will not raise taxes is a willing idiot.

[openbrains]

Again with the word"idiot". One of the few words in stupid persons' vocabulary.

Watch my lips. No new taxes for those making under $250,000, and over 3% extra, and an additional 5% on capital gains.

What are you guys brainwashed? You repeat things like parrots.

Even though he is black, he is talking in very simple english.

If McCain said no new taxes, would you believe that?

And please don't return comments with a bunch of hateful rhetoric.

Why are you guys so hateful?.

[badp81]

Think back to Bill Clinton. He said he was not going to raise taxes, and then he did. Not only did he raise taxes, he raised them retroactively! I don't believe a word Obama says. There, no hateful rhetoric!

[openbrains]

Thank you for curbing your negative enthusiam.

I really honestly do not understand why Democrats go for higher taxes for the upper classes,stock market investors, and the contination of the inheritance tax.

Just go the Reublican way. Just borrow from the Communist Chinese.And make the deficit bigger

I dont recall Clinton running on a no new taxes. That was Bush, Sr.

What taxes did he raise retroactively?

you dont trust a Democrat, fine.

[TheD44]

the Treasury's estimate was that the top 1 percent of earners would pay 31 percent of taxes if the Bush cuts did not go into effect;with the cuts,they actually paid 37 per­cent. Similarly,the share of the top 10 percent of earners was estimated at 63 percent without the cuts;they actually paid 68percent.Tax rates=the top 1 percent pay that proportion, and the top 5 percent pay a whopping 57 percent.You tell me how this is fair. Maybe you should stop watching the Communist News Network{CNN}.

[openbrains]

If all else fails, whip out the communist card.

A self employed person, who may be investing his total savings and a lien on his house, may pay as much as 35% in the present plan, and 15.3% social security. Today you can collect SS at 67, but future years it may be higher. So you may be paying into SS for 50 years.

That's 50.3% plus 8-10% state.

Is that fair?

And you would like to pay 10-15% or less on your stock market business(LTCG) which has limited liability?

[70road]

Do you just make these figures up? Buffet pays 17% his secartary pays 27%. Another fact acording to Buffet is the weathy borrow from investments pay capital gains(15%) and pay NO income tax. One more interesting fact 19% of Americans think that they are in the top 1%.

[TheD44]

70roads i said most every not all.The top 5 percent pay well over half the income taxes.The wealthiest 1 percent of the population earn 19 per­cent of the income but pay 37 percent of the income tax. The top 10 percent pay 68 percent of the tab. Meanwhile, the bottom 50 percent—those below the median income level—now earn 13 percent of the income but pay just 3 percent of the taxes. These are proportions of the income tax alone and don't include payroll taxes for Social Security and Medicare.

[TheD44]

Hes going to raise takes and most evry economist agrees you don't raise taxes during or close to a recession. And to say the government should stop paying police officers after retirement is a joke. They put their lives at risk every time they put on the uniform. Pay them for the shit they go through because someone has to do it.

[PennyLane9587]

I hope one day the government will cut the salaries of judges. And also, stop paying police officers 80K/year after they have retired from the field. If there were salary cuts where there SHOULD be salary cuts, they could stop taxing every 'class' so severely.

[CopyboyVideo]

The middle class will also get a tax cut, children will get health insurance and college tuition will be subsidized in exchange for community service. I think we're going to have plenty of money for those higher-priced goods.

[TheD44]

Was I the only one who saw Obama's speech in Germany. He is talking about SOCIALISM!! He will raise taxes and punish the rich for being successful and not tax the lower class that much. Abraham Lincoln said "Let not him who is houseless pull down the house of another; but let him labor diligently and build one for himself." Obama is a joke!!!!

[CopyboyVideo]

If socialism, as you call it, will put more money in my pocket - then bring it on.

[PennyLane9587]

Families that are making 250,000+ annually are going to keep making money, and will not suffer a severe tax cut that would even make a difference in their lifestyle. They will not lose their home! But increasing taxes on those making less than 100,000 a year can make a big difference. Its not punishing people for being successful, it is the candidate appealing to the middle class, which will always be the majority of the population.

[70road]

The rich are successful because the rules are rigged in their favor and they own the government. Throwing around your little buzz words spoon fed to you by Fox does not make this fact any less true. Warren Buffet has said many times how unfair the tax system is.

[openbrains]

Buffet is right.

Bew name- Fox Republican National Network

I propose people making under $40,000 should pay no tax.

If you are earning $40,000, and your rent, car payment, and diapers add up to $40,000, how much tax should you pay?

What if 300 million? What percentage?

The rates in 1913 were 1-2% of earning over $20,000(?)

The graduated income system is based on the ability to pay,kind of like communism.

The income tax system was not set up to tax the average wage earner.

[timblaxton]

Believe it or not, I would like to make a salary of more than $250,000.

Believe it or not, I would rather not pay a lot of taxes.

[Aseldo]

The rich get the best tax advantages because they hire the best tax people. The IRS won't get enough money from the rich so eventually they lower the tax brackes lower and lower to get more money. It's happened before it'll happen again. You can't just raise taxes on the rich, it doesn't work that way.

[CopyboyVideo]

Yes it does - that's exactly what Clinton did in 1993 and it worked. And the poor did well while the rich just got richer.

[Aseldo]

That has nothing to do with taxes, people got rich because of the booming economy in the 90's because of the internet and expanded trade-lines with countries. Some credit to Clinton but I think any president in our entire history would have similar results.

[CopyboyVideo]

Oh, you bring up the Internet? Well then perhaps you'd like to thank our former Vice President for his efforts to open the Internet to the general public while in Congress. What an investment! Democrats have you beaten at all exits.

[eurohim]

I know a lot of people that own stocks...IRAs, 401ks, etc...and they're all middle class or lower.

[weatherman182]

bullshit, obama is a fucking communist!

[PiercingKnight]

why your so fascist?

[FreeAgain2]

Obama is lying.

He will rasie taxes and it well be paid by the public. The rich will transfer this burden 'tax increase' to the general public.

[CopyboyVideo]

Yeah, like they did in the 90s when the rich were paying higher taxes and things were much more affordable. RIIIGHT.

[openbrains]

Right,I recall the '90's as great years for the economy, the stock market, real estate, and we had a balanced budget.

And I dont recall Clinton raising taxes in his term.

The top rate was 4% more if you made over $250,000 and the LTCG tax was I believe 25% , other than present 15&10%

Republicans want smaller government , yet why is spending out of control, in the trillions?

[CopyboyVideo]

Actually, and I'm on your side here brans, Clinton DID raise taxes on the rich in the 90s, which led, along with other policies, to enrich us all. I think we ALL, rich and poor, did well in the 90s, and tax cuts for the rich was not the answer.

[openbrains]

Thanks. Could Obama be more clear as to what his tax plan is?

So why do the Con-jobbers keep saying that the average, non-investor's taxes will go up?

Why? Because they know people are gullible, and if you lie with a strait face, people will believe it.

And actually I don't recall taxes being raised by Clinton, but i do remember no one complained about the taxes they paid on their winnings in the market, which were often substantial.

Even dividends were 17% often.

[stovall1]

Obama also said he could no more disown his pastor than the black community. We see what happened there. Obama is another one of the same old lying politicians who are trotted out every four years for us to choose between. He's no different than anyone who came before him. The only change he'll bring is bad.

[CopyboyVideo]

And your better option is Bush's buddy? lol

[mrhoffame]

I don't think it is a matter of a better option..I think that is actually the point. With all the "career politicians" and the system the way it is..you have to be dishonest, you have to slant what you say, and you have to bow down the the elite just to get in office/ become a president. The system is at a point that it is too big for any man as president to change. To me that is what is so scary...the revolution it will take from the people to force a change...that is scary!!!

[USA04July1776]

Obama will DOUBLE taxes and make America socialist and Third World invaded, he wants to bring Eurabia to America!

[PiercingKnight]

and then and then.... lol stop whining

[wgwrz]

pregnet women everywhere in our US of A

should know that before your child takes a single breath ...our government has them over 30 grand in debt so obama isnt raiseing taxes? obama isnt talking about the creature from jekyll island the real problems are hidden with smoke and mirrors .

[HomoGeneyes]

TIM RUSSERT SHOUD be REPLACED with JACK CAFFERTY SOON! TIMOTHY RUSSERT was a HORRIBLE AMERICAN JOURNALIST TIMOTHY RUSSERT WAS a MEDIA WHORE!

[HomoGeneyes]

THEY DON'T CALL HIM CRAZY, Kramer for nothing.

[az101010]

NEWSFLASH!!!

Rezko sings, Obama indicted

[karen32862]

Liar

[hollyhoodjoe123]

Play the whole interview. It would be interesting!