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Old 09-08-2010, 05:27 PM
 
10,875 posts, read 13,818,404 times
Reputation: 4896

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"WASHINGTON — President Obama on Wednesday will make clear that he opposes any compromise that would extend the Bush-era tax cuts for the wealthy beyond this year, officials said, adding a populist twist to an election-season economic package that is otherwise designed to entice support from big businesses and their Republican allies. "
http://www.nytimes.com/2010/09/08/us...s/08obama.html

Looks like Obama is starting to grow a pair
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Old 09-08-2010, 05:32 PM
 
2,409 posts, read 3,042,746 times
Reputation: 2033
Maybe we can start taxing CEOs that make more than $10,000,000 a year in salary at 50%~ And maybe athletes and celebrities who do nothing for the US economy let's tax them at 75%~! LOL>
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Old 09-08-2010, 07:08 PM
 
Location: Ohio
24,621 posts, read 19,180,106 times
Reputation: 21743
Quote:
Originally Posted by SoCalCroozer View Post
Maybe we can start taxing CEOs that make more than $10,000,000 a year in salary at 50%~ And maybe athletes and celebrities who do nothing for the US economy let's tax them at 75%~! LOL>
In a perfect society, we wouldn't need to tax them. We would simply express our disgust by refusing to support them, like I do.
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Old 09-08-2010, 07:31 PM
 
Location: Great State of Texas
86,052 posts, read 84,531,102 times
Reputation: 27720
$250K is NOT wealthy. $1,000,000 and above is, but not $250K..geeze.
$250K is upper middle class for pete's sake, not the "elite".

How would folks react to him saying "upper middle class" instead of "wealthy" ?
He plays with words; the entire administration plays with words to elicit emotion and anger and fear in the masses.
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Old 09-08-2010, 07:44 PM
 
Location: South Fla
9,644 posts, read 9,851,419 times
Reputation: 1942
well get ready for a lot of small business to start paying higher taxes = they wont be hiring as many people
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Old 09-08-2010, 07:46 PM
 
Location: Long Island (chief in S Farmingdale)
22,193 posts, read 19,476,372 times
Reputation: 5305
Quote:
Originally Posted by HappyTexan View Post
$250K is NOT wealthy. $1,000,000 and above is, but not $250K..geeze.
$250K is upper middle class for pete's sake, not the "elite".

How would folks react to him saying "upper middle class" instead of "wealthy" ?
He plays with words; the entire administration plays with words to elicit emotion and anger and fear in the masses.
The upper middle class goes all the way to the top 2 or 3 % really now??
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Old 09-08-2010, 07:47 PM
 
Location: Long Island (chief in S Farmingdale)
22,193 posts, read 19,476,372 times
Reputation: 5305
Quote:
Originally Posted by Jadex View Post
well get ready for a lot of small business to start paying higher taxes = they wont be hiring as many people
The vast majority of small business's have taxable incomes less than $250,000
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Old 09-08-2010, 07:52 PM
 
Location: mancos
7,788 posts, read 8,034,504 times
Reputation: 6701
So if you work for a so called BIG business start looking for a job now, cause obama's plan is still on course
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Old 09-08-2010, 07:53 PM
 
3,562 posts, read 5,230,160 times
Reputation: 1861
Quote:
Originally Posted by TempesT68 View Post
"WASHINGTON — President Obama on Wednesday will make clear that he opposes any compromise that would extend the Bush-era tax cuts for the wealthy beyond this year, officials said, adding a populist twist to an election-season economic package that is otherwise designed to entice support from big businesses and their Republican allies. "
http://www.nytimes.com/2010/09/08/us...s/08obama.html

Looks like Obama is starting to grow a pair
good, this is really starting to tick me off.
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Old 09-08-2010, 07:54 PM
 
Location: Great State of Texas
86,052 posts, read 84,531,102 times
Reputation: 27720
Quote:
Originally Posted by parfleche View Post
So if you work for a so called BIG business start looking for a job now, cause obama's plan is still on course
If you're a CEO of a corporation you have nothing to fear.
They've already socked away their money so it's safe from the "gimme" crowd.
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