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The Early Show - Forbes on Obama's tax plan for the wealthy

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Published on Sep 19, 2011 by

Former Republican Presidential Candidate Steve Forbes speaks to the "Early Show" anchors about President Obama's controversial plan to hike taxes for millionaires.

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  • Wealthy as in anyone making more than 100k a year. This plan is a joke. It's simply a way to kick anyone in the balls that is somewhat successful. If you want to stop spending money, impeach people like Obongo for things such as wars in Libya, giving failing companies 500 million dollars ,etc.

  • @IronicallyVague What "small" business that you know, makes it's money though capital gains? O_o

    I'm sorry, but small wall-street firms that employ a hand full of millionaires DOES NOT COUNT!!!

    TRICKLE DOWN DIDN'T WORK.. ISN'T WORKING... AND WON'T WORK

  • @IronicallyVague - OK maybe one or two jobs but their actions certainly don't make a good defense in my court

  • Seems to me the problem with job creation is the Government intervention on small business in doing everything they can to stifle its birth/growth and forcing larger businesses to go overseas.

    As for the argument if taxing the rich will stifle growth at the moment they have enjoyed a favorable low tax on their income and have created 0 jobs

  • Poor Billionaire.

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