Obama's Tax Fairness Speech Part 3

Senator Obama's Tax Fairness speech at the Tax Policy Center in Washington, DC. Part 1.

Sorry for the watermark. This is my first time uploading a video. I'll try to delete it if I can.

Category:

News & Politics

Tags:

• Barack
• Obama
• Tax
• Fairness

[AHgreentea22]

How is Obama going to give all this money back to the people? Is he going to drastically cut gov't spending? If not he'll have to tax us in some other way to give us money. It'll all equal out or it'll cost us more! What is he going to do about the federal reserve?

[PopulistaProductions]

Read the plan the listen to the whole speech.

He will close corporate loopholes and crack down on international tax havens. He will also

pay for the middle class tax relief by increasing the highest bracket for capital gains and dividends and closing the carried interest loophole.

Unless you're a big corporation who is finding loopholes in the system or a ultrarich investor it won't hit you.

[xlightwavex]

inflation = robery

inflation deflation = slavery

[xlightwavex]

remember unfair taxation

hey remember what jefferson said

"if americans ever allowed private banks to control its money supply their children would wake up homeless in the land their fathers conquered "

guess what

the federal reserve prints the money

and it is a privately owned super central bank hummm

few people know that the main cause of the revolutionary war was forced inflation

by the british

you really think people goto war cause tea prices are too high?

[ourearthhome]

Unfortunately while it sounds like a good idea to "help" home owners via a mortgage interest credit so they do not have to itemize the truth is that the mortgage interest deduction like the deduction for property taxes is a subsidy to homeownership that results in higher prices for homes. Ask any economist or realtor. This is another prime example of an unintended result from ill conceived government tax policies. Current homeowners get a break but all future buyers pay more. Break nullified.

[yardometer]

His whole speech is based upon the premise that the money is the his and he gets to decide who keeps it. THat's just wrong and it also unamerican.

[paulitics08]

So, he'll lower income taxes for people who make less than $50,000 per year... So people like me, who make $55,000 will end up paying more.. uh huh...

[AHgreentea22]

He's not going to close corporate loopholes or crack down on international tax havens, he'll be paid off if he's not already.