The President and Vice President both had an effective tax rate of 23-26% in 2010. That’s the same rate as a married couple making $68,000? Actually, it’s even less than Warren Buffett secretary! Maybe he should consider leading by example.
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!
So all the Crap about Rich folks not paying as much as their secretary is just that..............CRAP Political War Fare that dumb liberals want YOU to believe.
Lets just force the rich to move MORE money over seas?
And how many times is Obama going to use "We will cut $537 billion waste & Fraud in Medicare"? Didn't he count that in Obamacare and Stimulus bills? And why do we need a Bill to make our government run efficiently?
The IRS reports that only about 1400 people making over $million in 2009, didn't pay income tax. 99% of the $millionaires paid an average (PER CBO) 29.1% vs the people $50k-$75K paid only 15.3 %
Now we find that Buffet only declares $100k income and he reinvests the remainder of the PROFIT. Liars
Just Class War Fare and this President is depending on the DUMB Sheep to believe that the "D" will continue to hand them free stuff.
Taxing welfare would do more for our economy than a tax hike on the millionaires who create jobs. His argument is an attack on the achievers. They already have skin in the game. How can he spout his fair share rhetoric when more than half of Americans are jobless and pay no federal income taxes. He is a failure. We need more tax payers not more taxes. We have less millionaires in this country now since he 1st took office. Is this a coincidence?
To understand how Obama is dead wrong, u have to understand the statistics. Millionaires only make up 0.2% of the population. That would do nothing to even be touch our national debt or even the amount of wasted government spending. This is a desperate attempt of Obama to appeal to his base because of his bad poll ratings. Why not put a 2% tax on all welfare recipients who make up more than half of America who don't pay federal income taxes?
Obama hasn't caused class warfare, our founding fathers caused it on making this country a nation. Taxation against the poor is the problem. How can there be a stable economy when the rich pay less taxes then the poor, then again the rich use the poor to maintain there riches. If this country doesn't become fair and balanced then that would mean only that our government has failed its people. Everyone in congress is mainly to blame since it all starts there, so no need of pointing fingers.
you have to tax each dollar, not each person. thats why we pay higher property tax on a nicer house than a cheap one. everyone needs to pay 30 cents for every dollar worth of asset they have period
The President and Vice President both had an effective tax rate of 23-26% in 2010. That’s the same rate as a married couple making $68,000? Actually, it’s even less than Warren Buffett secretary! Maybe he should consider leading by example.
NoBamaNation2012 2 months ago
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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!
BlackRepublican2010 5 months ago
So all the Crap about Rich folks not paying as much as their secretary is just that..............CRAP Political War Fare that dumb liberals want YOU to believe.
Lets just force the rich to move MORE money over seas?
And how many times is Obama going to use "We will cut $537 billion waste & Fraud in Medicare"? Didn't he count that in Obamacare and Stimulus bills? And why do we need a Bill to make our government run efficiently?
FLAT TAX would solve all this Class War Fare
wsoxman 5 months ago
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@wsoxman Here is an eample that might help you. Filing single with 2011 rates.
Guy #1 earns $100K - owes $18,970 in Fed Income Tax - takes 10 weeks to earn.
Guy #2 earns $20K - owes $1,150 in Fed Income Tax - takes 3 weeks to earn.
Each guy must labor for no pay so that the gov't can spend money on things like Solyndra.
If 3 weeks labor is a fair share, is Guy #1 paying his? And if 10 weeks labor is a fair share, is Guy #2 paying his?
Øbama 2012: Blame You Can Believe In.
kbar8888 3 months ago
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LIAR! Mr President you are a flat out LAIR!
The IRS reports that only about 1400 people making over $million in 2009, didn't pay income tax. 99% of the $millionaires paid an average (PER CBO) 29.1% vs the people $50k-$75K paid only 15.3 %
Now we find that Buffet only declares $100k income and he reinvests the remainder of the PROFIT. Liars
Just Class War Fare and this President is depending on the DUMB Sheep to believe that the "D" will continue to hand them free stuff.
wsoxman 5 months ago
Taxing welfare would do more for our economy than a tax hike on the millionaires who create jobs. His argument is an attack on the achievers. They already have skin in the game. How can he spout his fair share rhetoric when more than half of Americans are jobless and pay no federal income taxes. He is a failure. We need more tax payers not more taxes. We have less millionaires in this country now since he 1st took office. Is this a coincidence?
epw0003 5 months ago
To understand how Obama is dead wrong, u have to understand the statistics. Millionaires only make up 0.2% of the population. That would do nothing to even be touch our national debt or even the amount of wasted government spending. This is a desperate attempt of Obama to appeal to his base because of his bad poll ratings. Why not put a 2% tax on all welfare recipients who make up more than half of America who don't pay federal income taxes?
epw0003 5 months ago
Comment removed
2xtream 5 months ago
Obama hasn't caused class warfare, our founding fathers caused it on making this country a nation. Taxation against the poor is the problem. How can there be a stable economy when the rich pay less taxes then the poor, then again the rich use the poor to maintain there riches. If this country doesn't become fair and balanced then that would mean only that our government has failed its people. Everyone in congress is mainly to blame since it all starts there, so no need of pointing fingers.
Erica06011982 5 months ago
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you have to tax each dollar, not each person. thats why we pay higher property tax on a nicer house than a cheap one. everyone needs to pay 30 cents for every dollar worth of asset they have period
jimibones83 5 months ago in playlist 1-obama-jobs
only tax niggers
SwagBWC 5 months ago in playlist 1-obama-jobs 2
@SwagBWC you mean start taxing them? The majority of them don't pay taxes on a net basis. lol.
OilBarron84 5 months ago
"thank you"
jgauthier522 5 months ago
Sure....make taxes fair.... 30% across the board, no loopholes or deductions for anyone
TheRetiredtrucker 5 months ago 3
well spoken ... hope you will succeed mr. obama. you still have the power to change things use it !
RobyllPhotos 5 months ago