White House Gives In On Bush Tax Cuts

True power does not come from governments.

Obama looks like he has never been in a fight. How is a pussy supposed to have a spine.?

When do they allow Joe Biden to say something like that (important)? Seems like the Vice-Presidency has been stolen and given to an un-elected individual.

On Obama's watch with Obama's blessing, the cup passed in open view.

Thanks for all the fish.

??? The Middle Class prides itself on pulling theirselves UP by their own boot straps. So you CAN'T give them a tax cut it would be a violation of every principle they hold to be evident, I mean dear. Middle classers would forfeit their Bragging Rights.

Do something SANE for once in your life. Buy more products made by the rich, thereby helping them out of their predicament, and when you buy more of their PRODUCTS it will lever them up into a position where they PAY MORE TAXES.

Hurt them, hurt them HARD => BUY MORE OF THEIR STUFF.

Drive the bloody monster backwards til his butt is in the campfire!

I can't tell what is satire anymore, because there really are people who believe stuff as stupid as that!

hahahaha yeah, but ain't it cool? Travolta say. I must be starting to believe it myself after posting it I went out to 3 stores [looking for cheap food prices sshhh].

one of the reasons

This past Monday Rush Limbaugh was egging his listeners toward a takeover while Obama was on his overseas junket. I think the word for today class is SUBJUGATION. About the closest thing I've seen to a ""hero" is some guy driving around shooting at the Pentagon's walls and over in Arlington I think. He's as useless as that Collen_Thomas nut job chick "Reptilian" from the Pleiades.

We like to watch TV [while counting our lucky stars we aren't stomping our TV-watching day away barefoot in a rice paddy]. Listen, we are an aging population now and the young people are so under-nourished -and sick from being undernourished- and wore out from pushing themselves to work jobs while under~nourished, there just isn't any hope of anything happening in our favor.

We who have jobs would lose our Benefits!!!

Most of us don't even speak to neighbors we never meet!!!

Consider the US citizenry already defeated and you'll feel better for it. The "Alcoholic's Creed" => grant me the serenity to accept the things I cannot change. The toast is done friend. We are in the maze and no way out. Everybody in position to do something has been bought off with high salaries and retirement benefits out their ying-yangs.

The 1876 Militia had better. We today don't even have hoes, picks or pitchforks. We have iPods. Now sit back and maybe they'll make a mistake and fall from their own weight like Colossus of Rhodes. Enjoy watching Pharoah ride down between rows of great statues erected to his glory. Statues that hold harps.....

oh so now the spammers are commenting....you don't get it do you? We don't want the crap you are peddling, and we don't want your ads on this site. Go away.

Can you imagine how lightly corporations would tread if they were subject to the death penalty in the sense that everyone involved would face the death penalty? Hardly anybody running or working in a corporation would every fuck around with risky investments just because there is a slim chance that it might pay off.

not talking about that but i mean it figuratively. as in the corporation gets scrapped.

I figured as much. I just thought it would be amusing to take creative license, even if it was extreme.

China does it... don't know why the US is behind the ball...

The Republicans would do everything in their power to prevent the Obama administration from accomplishing anything that could possibly give him a PR boost.

The Republicans would gladly drive this nation into a depression as long as it's done during a Democratic administration.

Excerpt from an article in Yahoo Finance, April 2010:

"About 47 percent will pay no federal income taxes at all for 2009. Either their incomes were too low, or they qualified for enough credits, deductions and exemptions to eliminate their liability. That's according to projections by the Tax Policy Center, a Washington research organization.

Most people still are required to file returns by the April 15 deadline. The penalty for skipping it is limited to the amount of taxes owed, but it's still almost always better to file: That's the only way to get a refund of all the income taxes withheld by employers.

In recent years, credits for low- and middle-income families have grown so much that a family of four making as much as $50,000 will owe no federal income tax for 2009, as long as there are two children younger than 17, according to a separate analysis by the consulting firm Deloitte Tax.

Tax cuts enacted in the past decade have been generous to wealthy taxpayers, too, making them a target for President Barack Obama and Democrats in Congress. Less noticed were tax cuts for low- and middle-income families, which were expanded when Obama signed the massive economic recovery package last year.

The result is a tax system that exempts almost half the country from paying for programs that benefit everyone, including national defense, public safety, infrastructure and education. It is a system in which the top 10 percent of earners -- households making an average of $366,400 in 2006 -- paid about 73 percent of the income taxes collected by the federal government."

Who's not paying what now?

Let's also take a moment to think about this. Why would a nation want to heavily tax it's most productive individuals? Don't forget that these are the people who take risks with their capitol to produce enterprise, which provides jobs. What do you think is going to happen if you take away more of their money? If you only earn a percentage of every dollar you make, are you going to be more or less likely to take risks with your capitol?

Besides the fact that they are already paying more than their fair share, you also have to take into account that these people aren't stupid. If you increase their taxes, they WILL find ways around it, that can easily be shown. Don't delude yourself into thinking that if you raise their taxes even higher than they already are, that they won't buy their way out of it, or simply run for the border, because I can guarantee you they will. And this isn't even touching on the even bigger moral issues that arise from such a suggestion.

Who said anything about heavily taxing our most "productive" individuals?
You have a rather naive view of the wealthy.
Exactly how "productive" do you think Paris Hilton is anyway?

How about Christy Walton, widow of Sam Walton's (WalMart) son.
She is the #4 wealthiest person in the country, at $24 billion dollars.
Her "productivity" was limited to picking the right man to marry.
His "productivity" was picking the right father to be born to.

And even for the wealthy who are self-made, this is not the era of the butcher, the baker and the candlestick maker. To claim that these individuals are "productive" to the tune of tens of billions of dollars is insulting to people who break their backs for ten dollars an hour. Wealth has very little to do with being "productive".

And yes, the rich DO constantly find loopholes to get out of paying taxes- that is why it's important to close those loopholes AND raise their tax rates so what little they do pay is more fair.

You're hopeless Utopian.

If your hope was that I become a brainwashed Libertarian instead of someone who knows how to think for myself, than I'm glad your hopes will not be fulfilled.

I hope that you can learn to think about your beliefs objectively and realize when it's time to grow out of them.

an end to these cuts would end the deficit in something like 2 years!

I know!!!!

Don't quit, that's what the otherside wants us to do. This is when we have to fight the hardest, you see our side believes in people and country first pockets 2nd.

Viva la revolution?

oui!

Merci! I finally have an excuse to purchase that guillotine on E-bay!

Okay, keyboard warrior. laugh out fucking loud

Yeah, Obama and GW are so alike...
You aren't really paying attention are you?

huh, apparently I pay more attention than YOU but the bar is not set too high.

because joe biteme is a useless VP.

No. Bush corrupted the White House by giving Karl Rove enormous-and unconstitutional- powers to influence US History WITHOUT HAVING BEEN CONSTITUTIONALLY CHOSEN AND SELECTED TO DO SO BY THE AMERICAN VOTER.

An elected President -beginning with George Bush- has instituted a change to the US Constitution, by the process of post-Election personally choosing a new Vice-President person. So Joe Biden BECAME a non-person, was MADE a non-VP, was MADE to be biteme useless by the process begun by George Walker Bush.

The Election Process has been altered WITHOUT VOTER APPROVAL.
The Election Process has been altered WITHOUT VOTER APPROVAL.
The Election Process has been altered WITHOUT VOTER APPROVAL.

Karl Rove appears to be the pivot point. Such people used to be Speech writers. Rove went visible whereas speech writers stayed invisible for decades. So Axelrod essentially knows more what's going down than Joe Biden... which means Axelrod holds a position higher than the elected Vice-President.

The US Government no longer exists by the laws it's bound by.

Was bound by. This present government is an impostor.

So because of all that I wrote in the above post nothing -NOTHING- this Obama administration does surprises me. I will add this though, that cutting back Soc. Sec. benefits and raising the retirement age could be a good way to gain backwards momentum (and $$$) to help the lower economic strata (young families), so that wouldn't be entirely devoid of rhyme and reason.

What America needs now is a brand new energy technology that produces absolutely no pollution, something that would give the US a ground floor opportunity, a first punch at the ring starting bell to run out into the middle of the ring and floor every boxer in the world (other countries who now appear to have the upper hand).

America needs the Equalizer. Point of fact though is that America already has many such equalizers hoarded in the eagle's wings it still brags about being. Why this is being done I am not knowing, just that it is. We can put the giant Russian boxer or the Chinese Sumo wrestler flat on their back any time we want.

I am at a loss as to why Obama is holding back doing so...... If I wanted King Lear by God I'd go see the play.

"cutting back Soc. Sec. benefits and raising the retirement age could be a good way to gain backwards momentum (and $$$) to help the lower economic strata (young families), so that wouldn't be entirely devoid of rhyme and reason."

NO! I am damn sick and tired of the poor and middle class paying for everything that needs to change in this nation. Fuck the god-damned wealthy bastards who don't want to give in on tax cuts they never should have been given in the first place.

^'d

Don't let the terrorists win! lol

reddit FTW

you promise?

fanfuckingtastic...why don't we legalize it while we are at it?

How about cutting the 50 billion a YEAR subsidy for big oil ? Bring the troops home to save the rest of the budget !!!!

Oh boy free shopping

does it come in pink?

I bet you like cream of sumyunguy don't you?

i think this is the final straw. 700 billion a year that we could be making, but naa, let's just keep doing the same thing and expect a different result. fuck you obama.

Well make sure your son has at least two jobs and one under the table so He can put food on his own table.

How about cut spending by 700 billion instead of taking from other people.

oh you musst be in the top 1 %... are you fucking kidding me? pay your fucking share like the rest of us do!

Unfortunate, but true. But we shouldn't have to kill ourselves and miss out on LIFE just to make enough to have a crust of bread to eat. And in this case much of what he would make would go back to pay for this anyway. I can absolutely understand why young people would not want to vote. They feel hopeless and this is a good reason why. They came out in DROVES for Obama when he was courting them for their vote and look what they got.

Yep a great big hand full of same Ol same Ol

You dont pay taxes when you make under about 40k a year. So how is that fair.?