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254 Comments
- 16x9, on 05/11/2009, -16/+162Screw 'em. Seriously, screw 'em all to hell. They're bitching because Obama wants to keep these people from hiding from taxes that all we "commoners" have to pay? What a joke!
This isn't class warfare on Obama's part and it's certainly not on my part. I think earning and having money (even loads of money) is fine and dandy. What I can't stand is when someone (or some corporation) tries to keep money hidden so they/it don't have to pay for the right to exist, live and work in this country like the rest of us do. - jdthree, on 05/11/2009, -23/+160"He's a real class warrior."
God I hope so. The middle class (of which I am a part of) has been decimated over the past 30 years by conservative ideology that we need someone to finally stand up to the rich and connected and fight for those of us who simply pay our taxes, love our children, and go to work each day. - EnviroChem, on 05/22/2009, -8/+110The rich have been practicing class warfare on the rest of us for decades now and they are whining about Obama being a class warrior because he is expecting them to pay their share of the taxes. Time to tune up those tiny violins.
- xerodustrial, on 05/12/2009, -5/+102I didn't realize it was "left wing" to insist that rich people pay their taxes like they're supposed to. How cute.
- mu0p, on 05/12/2009, -10/+95"I'm appalled at the anti-Wall Street rhetoric. It was OK on the campaign but now it's the real world." So i see wall street isn't used to people following through with their campaign rhetoric. Glad we got a guy in office who can do that.
- Berkana, on 05/12/2009, -6/+69Closing tax loopholes and havens is the right thing to do. Calling him "left-wing" in response to his sincere attempt to fix this problem of the rich not pulling their share is merely an attempt to shut down thinking using fear and scary sounding labels. There's nothing particularly left-wing about closing foreign tax havens; it is actually rather *fiscally conservative* of him to deal with this problem of tax evasion which exacerbates budgetary deficits. Or has "fiscally conservative" lost all its meaning, having taken only to opposing taxation (especially of the rich) at every possible occasion?
- m0llusk, on 05/12/2009, -8/+67One might almost think we didn't have a war to pay for, let alone two. If conservatives don't like taxes, then why did they allow global warmongering to run out of control on our collective bill?
- Rapter09, on 05/12/2009, -5/+63I love how these people talk openly about tax evasion like it's their God given right to do it.
Oops. Oh, wait. They think it is. - IrishJoe, on 05/12/2009, -8/+56There are way more of us (little guys) than there are of them. Plus many of them rely on us for their income. If we were to boycott their products en masse, they'd be brought to their knees. And with the Internet to communicate with one another such massive boycotts are entirely possible and achievable. I think we need to communicate our intentions to these “rich donors” as a warning shot across the bow.
- Zippo, on 05/12/2009, -4/+46Tax Havens is cheating the system... end of story. Time to shut up, stop cheating, and pay up like the rest of us.
- bigp3rm, on 05/12/2009, -8/+44If you want to hide your money in another country to avoid taxes then move there. Denounce your American citizenship and don't let the door hit you on the way out.
While we are at it every member of our government with dual citizenship should denounce it. All American or leave our government. - belebih, on 05/12/2009, -3/+31"It was OK on the campaign but now it's the real world."
Wow, is this the new shameless talking point? Sounds like Cheney, criticizing Obama for not being deceptive enough.
They're pretty much saying "Oh yeah, you can promise all you want in the campaign, but everyone knows you're not supposed to actually follow through with any of it."
Seriously, what the hell is wrong with these people? - EnviroChem, on 05/22/2009, -2/+291) Marginal tax rate only applies to that income that isn't hidden overseas using some kind of accounting trickery.
2) Their marginal tax rate is not only at its lowest point in the past century, but is lower than most other industrialized countries. - DangerCollie, on 05/12/2009, -14/+40Kick over the trough and listen to the hogs start squealing. F'ing whiners. They got rich off this country and now don't want to give anything back. Screw you. Try to find some decent country with lower tax rate. Guess what? There aren't any. Unless you want to live in Jamaica.
Suck it up and quit your complaining. - IrishJoe, on 05/12/2009, -9/+34Maybe that's why Obama is excluding small businesses (as well as families making less than $250,000) from increased taxes. I agree with you that the best way to lower unemployment and fuel growth in the economy is to help small businesses. Fortunately, Obama seems to agree with you, too.
http://www.barackobama.com/taxes/
FTA: Eliminate capital gains taxes for small businesses, cut corporate taxes for firms that invest and create jobs in the United States, and provide tax credits to reduce the cost of healthcare and to reward investments in innovation - bombula, on 05/12/2009, -5/+29"I'm appalled at the anti-Wall Street rhetoric. It was OK on the campaign but now it's the real world. I'm surprised that Obama is turning out to be so left-wing. He's a real class warrior."
Two words. ***** YOU. - dagnabbit, on 05/12/2009, -2/+24Maybe they didn't learn from the last election, when Obama raised a quarter billion dollars from an army of grassroots supporters. He can raise a lot more money from us than he can from them.
- EricAnderton, on 05/12/2009, -3/+21::double-checks the link for the article::
Okay, who else thought this was from The Onion? - redcolumbine, on 05/12/2009, -7/+24Tax havens are why we can't educate our children (or keep them here when they manage to get an education anyway), do medical research, or keep our bridges from crumbling. They're nothing but a funnel for the money that working folks EARN FOR THE RICH to pour out of the country, as the rich invest it overseas tax-free.
- CaptainReid, on 05/12/2009, -0/+16News Flash! Yes, he was.
FYI, the US Congress consists of the Senate and the House of Representatives. - d3dm, on 05/12/2009, -4/+19This guy is an idiot. Obama told people what he was going to do during the campaign. Did he not listen? Did he not believe him? Hope and Change, pal. Live with it.
The sad thing is that yes, the federal government may recoup some tax money by closing these loopholes, but they will continue spending more than they collect and there will be nothing to show for it. Besides, everyone knows that corporations don't pay taxes - their customers do in the form of higher prices. - Hetman, on 05/12/2009, -0/+14Kind of like regean did?
- sciencelovesyou, on 05/12/2009, -4/+18John Blundell? Really? The man who equates his "family" (a series of think tanks that all push the same points) as a modern Atlas, holding up a world that could not possibly function without their services?
Thanks, but no. I try not to trust people with egos large enough to make themselves out to be modern mythological figures. - tgc1, on 05/12/2009, -1/+15Mine broke all its strings when the bailout ceos were crying about their bonuses.
- Hetman, on 05/12/2009, -3/+16What are you talking about? This is exactly what I wanted Obama to do. I do agree he should try to bring our troops home quicker. But it has only been 4 months. Even during the election he said the time frame was going to be around 16 months.
- grapesofbaath, on 05/12/2009, -8/+20Because a percentage of a large amount is a large amount? Did you fail math?
- Raesear, on 05/12/2009, -6/+18Fine. You no longer get to call the police or fire department. You don't get to drive on roads. You aren't allowed in public parks or public libraries. You don't want to pay into those services, you don't get them.
- ProfessorSYM, on 05/12/2009, -5/+17Agreed.
Even though there is not much hope of reaching the millions of everyday people who are oblivious to the ways in which corporations are screwing the American public, using available online resources a coordinated campaign can be created to at least give the impression that millions are tired of bowing down to their corporate masters. - penguinhunter, on 05/12/2009, -3/+15Do you even watch/read news? Those comments/questions that you just made have already been answered...
- diggduggDOOM, on 05/12/2009, -5/+17"Have you forgotten that the trend, until recently, has been enormous economic growth?"
Economic growth overall with a shrinking middle class and an increasing gap between the wealthy and the middle class (even greater between wealthy and poor).
"We don't need class warfare."
Then perhaps you should ask who fired the first 'shot' in the war. - Bloodwine, on 05/12/2009, -1/+13Why our children can't get an education? We spend more per student on education than most countries, yet we aren't getting our money's worth. Schools can operate on much smaller funds and still educate our youth ... hell, might even do a better job if we cut 1/3 the administration at most teaching institutions. Less chiefs mucking up the education process.
- ironhide, on 05/12/2009, -7/+18Got no problem using all the services your tax money pays for do you?
- inactive, on 05/12/2009, -4/+15I can't imagine why they're not going along willingly!
L O L - inactive, on 05/12/2009, -3/+14not most of them man. we can do without our bars of scented soap.
- sencity, on 05/12/2009, -1/+12That quote alone gives insight to just how rigged this game is.
- BiscuitWorld, on 05/12/2009, -3/+14I know Tax Havens, and he's a nice guy. Stop badmouthing him.
- Barackalypse, on 05/12/2009, -5/+15Economics is not a zero sum game, me winning doesn't mean you or anyone else lost. Most of the rich in this country didn't get that way by cheating and exploiting their way into that position, they did it like Bill Gates, creating jobs and wealth that would not have existed otherwise.
- 8FoldPath, on 05/12/2009, -14/+24No kidding. Apparently some people want US labor to work in sweatshops like the "free markets" in Asia. No unions, low wages, no health care, no safety. Sounds like a capitalist's paradise...
- quarando, on 05/12/2009, -7/+16"If you knew anything about economics or a market economy, you'd know that taxing the hell out of business does nothing but shrink the middle class"
The US hardly "taxes the hell" out of its corporations. Many economists would dispute your assertion that taxing business it necessarily bad for the economy. It depends on what is done with that tax money.
"What do you think is happening in the economy as we speak?"
A major financial collapse due to unregulated markets, excessive risk taking and extreme concentrations of capital as well as poor monetary policy. (due to the corrupting forces of extreme concentrations of wealth). - inactive, on 05/12/2009, -13/+22"I'm surprised that Obama is turning out to be so left-wing."
What kind of moron would think this? During the elections, everyone knew that Obama was the most liberal member in Congress. - drmangrum, on 05/12/2009, -2/+11Really, I could give two ***** and a rats ass about him finding 210 billion over 10 years. It's a small drop in a very big bucket. When you allow 1.8 billion in deficit spending, and plan on it for the future, an average of 21 billion a year is peanuts.
- VitriolAndAngst, on 05/12/2009, -7/+15You know the HUGE difference here, is that Bush took on that debt and spending when he didn't need to by going to war with two nations and giving tax breaks to the wealthy.
Obama is spending the bulk of that money on infrastructure. Things that don't blow up.
I'm not fully satisfied that Obama is on our side vs. the Banks, and he needs to prosecute the Bush war crimes.
but really, it's kind of late in a severe recession to whine about debt. This is EXACTLY when economists suggest governments need to spend money. - seanstuart, on 05/12/2009, -2/+10Many Republicans and Democrats campaign with populist rhetoric about closing campaign finance loopholes, increasing oversight of corporations, making the rich pay their share, etc. But it's always with a wink-wink to the monied elite as both of them know it's just to get votes from the unwashed rabble (as they see us) and not anything seriously being considered. Obama is showing promising signs that he was not full of ***** during his campaign as is typical with such promises.
- CamperBob, on 05/12/2009, -0/+8Durr, help me out. Obama was the junior senator from Illinois. That makes him a member of Congress.
- VitriolAndAngst, on 05/12/2009, -8/+16"Far left?"
You guys don't even have a clue what the LEFT is. He's almost taxing as MUCH as Reagan did. 30 years ago, Obama would be a Republican in anything but social issues.
You'd probably be calling Eisenhower a commie. You are far down the Rabbit hole with the Conservatives you don't know which way is up. - powatom, on 05/12/2009, -4/+12Haw-haw.
- grapesofbaath, on 05/12/2009, -3/+11Except the difference is the stimulus bill will make nearly all of the money back indirectly, because of the stability to the housing, banking, and job markets. Not to mention the better roads, transportation, and investment in energy dependence we get.
And you are comparing that to completely pissing away 800 billion dollars in a useless war? Billions of unaccounted dollars siphoned away to contractors and corrupt Iraq officials? 3,000 dead soldiers and 100,000 dead innocent civilians?
Are you REALLY that stupid? Really? No seriously, I have to know. - Eslamicolt3, on 05/12/2009, -17/+25Don't be fooled into thinking he's on some crusade for the middle class. He's a far-left democrat who is very interested in expanding liberal ideals. If you knew anything about economics or a market economy, you'd know that taxing the hell out of business does nothing but shrink the middle class. What do you think is happening in the economy as we speak? We need to cut taxes across the board.
- tgc1, on 05/12/2009, -2/+10This has been going on for CENTURIES. If Obama is the character the public sees him as, I hope he starts to bring an end to this b.s. But in all honesty, i'm not expecting much. You're talking about centuries worth of elite families who have concocted schemes to prevent the purse from being broken up.They will protect their unimaginable wealth one way or another. Whether that means moving it to another tax shelter (there are plenty) or simply playing dirty politics and looking for something to narc on Obama about. They'll look for some dirty laundry somewhere and bring it out to the media (which they own).
So while the public becomes enamored with the controversy surrounding whatever laundry they decide to air, they'll be shuffling money around in their tax havens while paying off congress man and senators to change legislation that makes it legal (in terms of loopholes) for them to do and keep doing what they have always done. - charm803, on 05/12/2009, -1/+8Favorite quote from the comments on the article:
"Wall Streets must be the most irony-impaired people on the planet. What do they think the government is bailing them out with? Money left by the money fairy? Pay yer taxes, you bums. Or are you socialists?" -
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