Here is video of Obama adviser David Plouffe on “This Week” today where he told George Stephanopoulos that President Obama is going to want to raise taxes again. Of course, he would not say it that honestly. Instead he uses Obama’s favorite code word – “revenue.”
“We are going to require more revenue.”
Of course they will – they are Democrats. Tax increases, more spending and exploding debt is what they do.
President Obama and his staff are reportedly “elated” at the Fiscal Cliff Deal that raising tax rates on Americans:
ABC NEWS: It’s hard to find anyone in Washington happy about the outcome of the “fiscal cliff” brinksmanship.
But inside the Obama White House, senior officials are elated by what they call a significant presidential achievement: breaking longstanding Republican intransigence on taxes.
The deal passed by the Senate early this morning, with the endorsement of all but seven of the 47 Republicans, would raise $620 billion in new revenue, hiking tax rates on households earning more than $450,000 a year.
The income tax hike would be the first in two decades.
“Keep in mind that just last month Republicans in Congress said they would never agree to raise tax rates on the wealthiest Americans,” President Obama said Monday. “Obviously, the agreement that’s currently being discussed would raise those rates and raise them permanently.” . . . Read More
I love Mitt Romney’s “We can’t afford four more years” ad theme. Here’s another installment, this time refuting Obama’s false claim that Mitt Romney will cut taxes by $5 Trillion and blow a hole in the deficit. Of course, Obama has already more than blown a hole in the deficit and national debt, but this ad specifically hones in on just how false Obama’s claim is. It shows quotes from fact-checkers who call Obama’s claim “mostly fiction,” and saying it “doesn’t add up.” But it then goes on offense and points out that Barack Obama is the man who not only won’t cut taxes, he will raise taxes on middle class families by $4,000.
Almost painful to watch.
At the White House Daily Briefing today, CBS News Reporter Norah O’Donnell kept after White House Press Secretary Jay Carney on why Barack Obama said in 2010 raising taxes on anyone in a bad economy was bad for business and job creation. Today, he called for raising taxes on anyone making more than $250,000 – a move that O’Donnell pointed out would hit 1,000,000 small businesses in America. Jay Carney was unable to give a coherent response, with O’Donnell peppering him with facts at every turn disputing the Obama Team’s latest class warfare rhetoric.
This is how a reporter should do their job, no matter who occupies the White House. It would be interesting to see a reporter actually pepper Obama himself with questions that persistently.
Tonight, Charles Krauthammer had an interesting take on why President Obama suddenly decided to pivot to class warfare rhetoric on the tax issue. Obama wants to extend the Bush tax cuts to people making less than $250,000 a year, but raise taxes on everyone else – hitting many of the small business owners in the country. Krauthammer believes he has done it because of the disastrous June Jobs Report that came out last Friday:
“I think this is a declaration by Obama – the fact that he’s now pivoted back to this old issue that he’s been touting for at least four years. It’s a declaration that he’s surrendered on the state of the economy and on the issue of his stewardship of it. This is a white flag. There’s no way he can defend it.”
A new Mitt Romney ad in the “Obama Isn’t Working” series.
Another RNC web ad in the aftermath of the Supreme Court ruling upholding the ObamaCare mandate as a “tax.” This one shows multiple clips of Obama and his team saying ObamaCare is not a tax. “Just another broken promise,” as the “Democrats are celebrating another Obama tax increase.”
Here is audio of Rush Limbaugh reacting to President Obama’s push for more Stimulus spending and tax increases on the American people. Limbaugh called it pure class warfare, and said it is clear Obama is continuing his drive to destroy the private sector in America.
“If he (Obama) would get all of this actually passed it would represent perhaps a fatal blow to the U.S. private sector. Every tax increase he proposed and the justification for it scares me to death because it’s nothing more than the destruction of the engine that has defined and made this a great country. I don’t know how anyone could even argue about the fact that this is on purpose anymore. To boldly lie that it’s not class warfare? It is class warfare. Specifically and purposefully class warfare.”<H/T Daily Rushbo
Here is complete video of President Obama’s speech today pushing for passage of his $447 Billion “Son of Stimulus” Bill, and unveiling his idea for paying for it – tax increases.
Obama spoke using his teleprompter for a while, and then seemed to go off the teleprompter as he ranted in making the case for raising taxes on what he calls, “millionaires and billionaires,” repeating himself over and over again.
Currently, the more than 200,000 Americans who reported annual income of more than $1 million paid over $177 Billion in taxes. Stop and think about it: If you double the taxes on these millionaires, you add $177 Billion in revenue. If you triple their taxes, you get around $350 Billion in revenue. But Obama’s Budget Deficit each year is nearly $1.5 Trillion!!!! For him to talk as if raising taxes on the business owners and job creators in America is going to solve our budget deficit is totally false, and he knows it.
Obama is playing pure class warfare, believing enough Americans can be ginned up into voting for him if he attacks “the rich.” This is the President who has zero credibility on the issue of spending since he has spent his nearly three years in office spending money at unprecedented levels. But it’s the only strategy his had – because his socialist policies have failed to turn the economy around, and he cannot run on his record.