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Obama's Plan to Tax the Rich Until They Become Middle Class

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Published on Jul 9, 2012

Obama promises a tax cut for the middle class, paid for by a tax hike on the rich. Is it possible to tax the rich until they become middle class? Find out on this PJ News Break as Scott Ott brings you the latest news about Obama's economic policies, and reelection strategy to beat Mitt Romney.

See more at http://www.pjtv.com

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All Comments (193)

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  • eddison72

    As if a net tax increase of 4% for income earned in excess of 250,000 will turn the "rich" into "middle class". I've seen some stupid shit on YouTube, but you have to stand in awe of this piece of garbage.

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  • jon henry

    like the rich plan to make the middle class become poor so anyways investing in poor and midle spending money it goes up to the top unless u know u suck as a busines man and no one buys your products so step aside let some one els try youre blocking progress and a waist of money worthless good riddens maybe then u belong in the middle class

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  • Skibum Willy

    In a ski flick "outside Advice" The President's adviser gets advised by an underachieving old college pal, and a simple rule tweak on inheritance ends up changing the direction and purpose of modern human life! See if this short discussion RINGS TRUE as the systematic fix we all long for and can't find? watch "outside Advice" on youtube.

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  • veXati0n

    Your cadence sounds too much like Alex Trebek's.

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  • mike hale jr

    Is it not reversible to tax the wealthy?fucking idiots obama didnt say tax u forever.pay your compaired fair share like We All DO for a change.what the hell else can we try?Not like overseas slave wage co.

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  • darkyperv34

    A lot of rich cheat, they use banks overseas and take business overseas to save money. Alot of them are rats

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  • normaleitalia

    What if all of the multi-millionaires decided to take a few years off?. What if they decided to not invest, to not keep their businesses open, to just take their money and go on an extended vacation? Why fight about their income tax rate when they can quit their jobs and live comfortably for the rest of their lives?....Be glad they invest. Be happy they have successful businesses that provide jobs. They do not HAVE to be there.

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  • istraight1

    "Something more complicated happened around 1900. Railroads, the telegraph, and mass production made for massive new economies of scale, whereupon the invention of the corporation gave a new generation of would-be aristocrats new ways to reinvent themselves" which was the reason why "big government" came to exist.

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    in reply to stoni2041 (Show the comment)
  • istraight1

    The reason why "liberal" are called "big government" by conservative as I will quote "The word "liberal" thus took its modern meaning in a struggle against the aristocracy's control of the state" as if there going to be "big government" it will "big government" for "we the people."

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    in reply to stoni2041 (Show the comment)
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