Obama Wants Millionaires To Pay Same Tax Rate as Plumbers

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bugscoe

This entire admin has become one constant SNL skit. Does anyone even edit these stupid vids? Can't they at least hire one of those OWS hippies to do the edititing?

Obama’s Nutty Weekly Address: Millionaires Need to Pay the Same Tax Rate as Plumbers and Bus Drivers
Posted by Jim Hoft on Saturday, October 8, 2011, 12:05 PM
In his Weekly Address, Barack Obama says millionaires need to pay at least the same tax rate as plumbers or bus drivers.

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Currently a millionaire’s tax rate is 35%.
Bus drivers and plumbers pay a tax rate around 25%.

Honestly, what is Obama talking about?

From the White House website:
The proposals in this bill are steps we have to take if we want to build an economy that lasts; if we want to be able to compete with other countries for jobs that restore a sense of security for the middle-class. But we also have to rein in our deficit and start living within our means, which is why this jobs bill is paid for by asking millionaires and billionaires to pay their fair share.

Some see this as class warfare. I see it as a simple choice. We can either keep taxes exactly as they are for millionaires and billionaires, or we can ask them to pay at least the same rate as a plumber or a bus driver. And in the process, we can put teachers and construction workers and veterans back on the job. We can either fight to protect their tax cuts, or we can cut taxes for virtually every worker and small business in America. But we can’t afford to do both. It’s that simple.

There are too many people hurting in this country for us to simply do nothing. The economy is too fragile for us to let politics get in the way of action. The people who represent you in Washington have a responsibility to do what’s best for you – not what’s best for their party or what’s going to help them win an election that’s more than a year away. So I need you to keep making your voices heard in Washington. I need you to remind these folks who they work for. And I need you to tell your Senators to do the right thing by passing this jobs bill right away. Thank you.
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And, yet once again the liberal media gives the president a complete pass on this obvious lunacy.
 
He's trying to convince his ignorant followers that millionares have some way to avoid paying their taxes. These ignorant followers are the same ones out doing the protests. They don't have a clue that they are being lied to.
 
Quote from Mercor:

Will they remove the tax free status of muni-bonds.
This is the biggest gift to the wealthy.
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Not just for the wealthy. I was able to retire waaay early because of the munis .
Only the dumbest asshole would ask for ANY new taxes.
 
Quote from pspr:

He's trying to convince his ignorant followers that millionares have some way to avoid paying their taxes.
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You're kidding right? The current going mantra pushed by mass media is that the wealthiest top few % pay most of the overall taxes. Most people do not realize just how much tax sheltering goes on. It's a whole industry.
 
Quote from Hydroblunt:

You're kidding right? The current going mantra pushed by mass media is that the wealthiest top few % pay most of the overall taxes. Most people do not realize just how much tax sheltering goes on. It's a whole industry.
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You know you can easily prove your point by using the IRS data.
 
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