You should be with us in 2012, join now: http://my.barackobama.com/rescuevid Barack Obama announced his economic rescue plan for the middle class in Toledo, Ohio on October 13, 2008.
Views: 48877 BarackObamadotcom
On the campus of Knox College in Galesburg, Ill., President Barack Obama renewed his commitment to addressing economic issues and strengthening the middle class during his second term. Jeffrey Brown reports on the president's promises and the critical responses by Republican lawmakers.
Views: 4657 PBS NewsHour
Read the President's plan: http://www.barackobama.com/plans President Obama shares his plan for jobs and middle-class security at a grassroots event in Delray Beach, Florida
Views: 8734 BarackObamadotcom
President Obama will reportedly unveil a plan to offer tax relief for the middle class during his State of the Union address on Tuesday night. The plan would be paid for by increasing taxes the rich pay on investments and inherited property. For more, Carol Lee of the Wall Street Journal joins Hari Sreenivasan from Washington.
Views: 6170 PBS NewsHour
Obama promises a tax cut for the middle class, paid for by a tax hike on the rich. Is it possible to tax the rich until they become middle class? Find out on this PJ News Break as Scott Ott brings you the latest news about Obama's economic policies, and reelection strategy to beat Mitt Romney. See more at http://www.pjtv.com
Views: 4156 PJ Media
In Tuesday’s State of the Union address, President Barack Obama celebrated “middle-class economics” and laid out a series of additional proposals to ensure the working class is included in the economic recovery. Most significant among them is his plan to raise taxes and fees for the wealthy in order to give working families a break.
Views: 1855 PBS NewsHour
In this week's address, President Obama calls for quick action on the proposals he made during the State of the Union to grow our economy and create jobs, including making America a magnet for manufacturing, strengthening our education system through high-quality preschool for every child, and raising the minimum wage.
Views: 26192 The Obama White House
If Congress fails to act, every family in America will see their taxes automatically go up at the beginning of next year. A typical middle-class family of four would see its taxes rise by $2,200. November 28, 2012.
Views: 32390 The Obama White House
Barack Obama gives speech advocating tax cuts for the middle class and senior citizens. -------------------------------------------- John McCain supports Bush's plan to privatize Social Security. Bush's plan to privatize Social Security...would have reduced guaranteed Social Security benefits, and endangered the long term stability of the Social Security Trust Fund by diverting trillions of dollars that would otherwise be used to pay guaranteed benefits...privatization would only worsen the already-floundering Bush economy by putting a huge new tax burden on Americans by requiring massive new borrowing and debt...Obama firmly opposes Social Security privatization and has proposed increasing social security taxes only on families earning $250,000 or more per year -- a move that would guarantee the solvency of Social Security for generations. http://www.huffingtonpost.com/robert-creamer/how-obama-can-win-over-se_b_107497.html The Republicans will lie. They will claim that Obama is going to raise everyone's taxes. They will claim that lowering taxes increases revenues. They will claim that our fiscal problems are all due to spending. They will claim that the wealthy are not really that wealthy, and that raising taxes on the top bracket back to where they were will kill the economy. And, they will say that Democrats just love to tax. They will repeat these points over and over and over and over and over and over again. Democrats, as usual, walk right into their trap. Today, I happened to have various news channels on, and several people dubbed as "Democratic strategists" just fell for it. Worse, by their silence, they tacitly accepted the Republicans' implication that they like to tax. Here is a little tutorial for Democratic "strategists" on taxes. 1. First, begin EVERY comment about taxes by saying something to the effect of, "no one wants to pay taxes or have their taxes raised. No one in politics wants to raise taxes. " Without such a context, it does sound as if Democrats are only trying to raise taxes on the wealthy just because they like taxes. But, add, the Republicans are just about borrow-and-spend, and give the bill to our children". 2. Next, indicate that Bush and the Republican Congress have spent us into oblivion. We had a $5 trillion surplus, they've turned into a $4 Trillion deficit, a $9 Trillion turnaround, the greatest financial mismanagement in the history of the world. And, repeat, "in the history of the world." No one has ever done worse, ever, anywhere. They borrow and spend. (Yes, repetition!). 3. That's immoral. It puts huge obligations on our children and grandchildren. Every child born today inherits more than a $30,000 debt on the day of their birth. That is wrong. 4. Not only that, the American people have needs---for healthcare, for education so the children with that debt can compete, for a new energy economy, for our veterans....all needs neglected, sometimes criminally, by Bush and Republican Congress. 5. Therefore, we ONLY go to increase taxes on the wealthy to pay for those needs and to reverse the Bush/McCain-Republican mismanagement of our debt. We raise taxes because we need the revenues, not because anyone wants to. And, if Bush and the Republicans had not been so negligent, we would not have the problems we have today with the economy. 6. And emphasize, the increase is ONLY to the levels they were in the '90s, 4-5%, and say, "don't tell us that 4-5% is going to impact the economy, we have proof from the '90s that it did not." 7. On no account accept that reducing taxes increases revenues: a. Reference Bush's Treasury Secretary Paulson who said that tax cuts do not pay for themselves; b. If tax cuts did pay for themselves, or even better, actually increase revenues, then shouldn't we ask "why then do we have so much debt?" 8. Finally, not only are the wealthy the best place to go to increase tax revenues, it is also not going to hurt them--they can afford it, the top 1% own a greater percentage of our wealth than they did at any time since 1929---and we all know what happened in 1929! By the way it so happens that raising taxes by 4-5% on the wealthy, and keeping a lid on spending, the dollar would rise, the price of oil in dollars would fall, and the "tax" we are all paying to the oil companies in increased pump prices would improve the economy, reduce inflation, and likely provide the wealthy a much greater increase in their wealth than they "lose" in paying more taxes. http://www.huffingtonpost.com/paul-abrams/dem-strategists-learn-how_b_110366.html
Views: 8332 AntiConformist911
Views: 1348 buckpowerLA
Read the President's Plan: http://OFA.BO/MX3Ss8 "Over the next four months you have a choice to make. Not just between two political parties or even two people. It's a choice between two very different plans for our country. Governor Romney's plan would cut taxes for the folks at the very top, roll back regulations on big banks, and he says that if we do our economy will grow and everyone will benefit. But you know what? We tried that top-down approach. It's what caused the mess in the first place. I believe the only way to create an economy built to last is to strengthen the middle class. Asking the wealthy to pay a little more so we can pay down our debt in a balanced way. So that we can afford to invest in education, manufacturing, and homegrown American energy for good middle class jobs. Sometimes politics can seem very small. But the choice you face, it couldn't be bigger." OFA Press Release: Obama for America Released New Television Advertisement: "The Choice" CHICAGO -- Obama for America released a new television advertisement today titled "The Choice." The American people will decide over the next four month between two fundamentally different plans for our country, and OFA's new ad features President Obama laying out the choice of how to grow the economy, create middle-class jobs and pay down the debt. The President's plan ensures everyone pays their fair share and still invests in the things we need to create jobs and grow our economy over the long term, like education, energy, and infrastructure.
Views: 3348672 BarackObamadotcom
President Obama discusses the plan he laid out in the State of the Union to strengthen communities and families, and make sure every American and every community willing to do the work has the opportunity to lift themselves up. February 15, 2013.
Views: 13801 The Obama White House
One group has caused most of the problems in this country and President Obama is finally stepping up to take them down. What do you think of his new plan to illegalize the middle class? Watch more Exclusive Special Reports here: http://bit.ly/1dHhSbR JOIN THE MEGADIGITAL LIFESTYLE Subscribe: http://bit.ly/1hDUGun Twitter - http://twitter.com/IntlMegadigital Facebook - http://facebook.com/InternationalMegadigital Google+ - http://bit.ly/1jjuUfs HIGH QUALITY MERCHANDISE™ Shirts - http://internationalmegadigital.spreadshirt.com MP3 - http://internationalmegadigital.bandcamp.com WATCH OTHER MEGADIGITAL SHOWS Madison - http://bit.ly/1cqZ3YT Meow Mewsic - http://bit.ly/1cJgAHc Food Reviews - http://bit.ly/1h5R0k5 Blinged Out Hooks - http://bit.ly/1cJglMi Michael Bay: Directors Cut - http://bit.ly/1jjt8e8 Unsung Songs - http://bit.ly/LCRMeI Sing What It Is - http://bit.ly/1fNJBJO Lucifer's Youth Choir here: http://bit.ly/1dlAjNp Exclusive Special Report - http://bit.ly/1dHhSbR --- About EXCLUSIVE Special Report International Megadigital cuts out the stupid parts of the news that you don't want to hear to focus to what the pundits are REALLY saying. We give you all the news you need in the headline. You are now free from the tyranny of reading. International Megadigital presents THE FUTURE OF NEWS... TODAY. For business inquiries: email@example.com
Views: 238 International Megadigital
Why the Obama Administration's Loan Repayment Plan Won't Help Middle Class Americans
Views: 114 New America
President Obama lays out his plan to help the middle class in a speech at Knox College
Views: 801 Michael McIntee
President Barack Obama is turning to his biggest television audience of the year to pitch tax increases on the wealthiest Americans and put the new Republican Congress in the position of defending top income earners over the middle class. As Obama continues to signal what he will propose during Tuesday's State of the Union address, senior administration officials said during the weekend that he will call for raising the capital gains rate on top income earners and eliminating a tax break on inheritances. Officials said the revenue generated by those changes would fund new tax credits and other cost-saving measures for middle-class taxpayers. Tax increases are rarely welcomed by congressional Republicans, who now hold majorities in the House and the Senate for the first time in Obama's presidency. Obama's tax proposals will likely be dismissed, if not outright ignored, by lawmakers outside the Democratic Party's liberal base. http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2015-01-18-US--State%20of%20Union/id-6a34e4b6fa4f464c9a50987d5f439294 http://www.wochit.com
Views: 46 Wochit News
Leo Panitch and Jennifer Taub: President Obama's SOTU shows he is far more wedded to private sector, free market solutions than "restoring the bargain" with the middle class
Views: 1056 TheRealNews
–Obama will propose tax hikes on the rich, and tax breaks for the middle class, during his State of the Union address http://www.bloomberg.com/news/2015-01-18/obama-tries-tax-cuts-on-rich-again-offset-by-new-breaks.html http://www.huffingtonpost.com/2015/01/17/obama-sotu-taxes_n_6493144.html http://www.washingtonpost.com/blogs/wonkblog/wp/2015/01/17/president-obama-finally-has-his-piketty-moment/ –On the Bonus Show: Clashes in Pakistan over the Charlie Hebdo cartoon, cops training in Miami Beach will no longer get tasered, a bestselling book on heaven is pulled because it was all lies, more… Website: http://www.davidpakman.com Become a Member: http://www.davidpakman.com/membership Be our Patron on Patreon: http://www.patreon.com/davidpakman Discuss This on Reddit: http://www.reddit.com/r/thedavidpakmanshow/ Facebook: http://www.facebook.com/davidpakmanshow TDPS Twitter: http://www.twitter.com/davidpakmanshow David's Twitter: http://www.twitter.com/dpakman TDPS Gear: http://www.davidpakman.com/gear 24/7 Voicemail Line: (219)-2DAVIDP Subscribe to The David Pakman Show for more: http://www.youtube.com/subscription_center?add_user=midweekpolitics Support TDPS by clicking (bookmark it too!) this link before shopping on Amazon: http://www.amazon.com/?tag=thedavpaksho-20 Broadcast on January 19, 2015 David's Instagram: http://www.instagram.com/david.pakman --Donate via Bitcoin: 15evMNUN1g4qdRxywbHFCKNfdCTjxtztfj --Donate via Ethereum: 0xe3E6b538E1CD21D48Ff1Ddf2D744ea8B95Ba1930 --Donate via Litecoin: LhNVT9j5gQj8U1AbwLzwfoc5okDoiFn4Mt --Donate via Bitcoin: 15evMNUN1g4qdRxywbHFCKNfdCTjxtztfj --Donate via Ethereum: 0xe3E6b538E1CD21D48Ff1Ddf2D744ea8B95Ba1930 --Donate via Litecoin: LhNVT9j5gQj8U1AbwLzwfoc5okDoiFn4Mt
Views: 4103 David Pakman Show
Use the Tax Calculator : http://OFA.BO/EKDooo Stephanie Cutter breaks down what Mitt Romney's tax plan means for families and how President Obama's plan will cut the deficit while still making the investments we need to grow and keep middle class families strong. Go to http://www.barackobama.com/TaxCalculator and use the tax calculator to see how these two very different plans will affect you.
Views: 81361 BarackObamadotcom
"Random" (convenient, carefully-selected) presumptions is how Obama determines Romney will increase taxes on the middle class. The problem is that those presumptions are wrong. (Comment all you like among yourselves, but I won't be jumping in.)
Views: 42 ArguementClinic
Get the DVD @ http://infowars-shop.stores.yahoo.net/obdedvd.html The Obama Deception is a hard-hitting film that completely destroys the myth that Barack Obama is working for the best interests of the American people. The Obama phenomenon is a hoax carefully crafted by the captains of the New World Order. He is being pushed as savior in an attempt to con the American people into accepting global slavery. We have reached a critical juncture in the New World Order's plans. It's not about Left or Right: it's about a One World Government. The international banks plan to loot the people of the United States and turn them into slaves on a Global Plantation. Covered in this film: who Obama works for, what lies he has told, and his real agenda. If you want to know the facts and cut through all the hype, this is the film for you. Watch the Obama Deception and learn how: - Obama is continuing the process of transforming America into something that resembles Nazi Germany, with forced National Service, domestic civilian spies, warrantless wiretaps, the destruction of the Second Amendment, FEMA camps and Martial Law. - Obama's handlers are openly announcing the creation of a new Bank of the World that will dominate every nation on earth through carbon taxes and military force. - International bankers purposefully engineered the worldwide financial meltdown to bankrupt the nations of the planet and bring in World Government. - Obama plans to loot the middle class, destroy pensions and federalize the states so that the population is completely dependent on the Central Government. - The Elite are using Obama to pacify the public so they can usher in the North American Union by stealth, launch a new Cold War and continue the occupation of Iraq and Afghanistan. http://www.infowars.com http://www.prisonplanet.tv
Views: 15429110 ChangeDaChannel
Rebuilding our economy starts with strengthening the middle class. Extending tax breaks on 98 percent of families now would give hard working Americans the security and confidence they need.
Views: 17541 The Obama White House
President Obama’s new tax code proposal calls for tax increases for higher-income earners and more tax benefits for low- and middle-income earners. Jeffrey Brown learns more from Neil Irwin of The New York Times about what the plan says about the state of the economy and potential political ramifications.
Views: 2299 PBS NewsHour
PlusObama Calls for Middle-class Tax CutsObama Calls for Middle-class Tax CutsThe Associated PressBarack Obama says he favors tax cuts for middle class Americans to help stimulate the economy. Obama planned to deliver the speech in North Carolina, but his plane was diverted to St. Louis due to mechanical problems. (July 7)This video contains ONLY natural sound. No script is available.
Views: 4060 Associated Press
http://robwilson.tv/will-obama-tax-52s-cnn-newsroom/ Will President Obama tax your 529 plan? Many of you were quite taken aback when you heard about President Obama’s plan to tax the gain in 529 education savings account, and understandably so. If you’re like a number of my clients, you’ve been saving for your children’s education with the understanding that your withdrawals would be tax free as long as the proceeds were used for qualified education expenses. So, to hear that the benefit may no longer apply, is a like getting punched in the gut. But, before we get too upset, let me shed some light on his proposal. The proposal is unlikely to pass To get straight to the punchline, the proposal doesn’t stand a snowball’s chance in an oven of passing. With a Republican controlled House and Senate there’s very, very little chance of this proposal passing, particularly since the move is aimed at the rich. Which brings me to the next point: The proposal isn’t about education, it’s about wealth inequality The White House says that 70% of the balances in 529 plans are owned by families that make more than 200k, so most of the benefits of the tax break are going to wealthy families that do not need the break to send their kids to college. Well, wealthy people like tax breaks, so sure, they have taken advantage of it too. Ironically, the POTUS and FLOTUS contributed a total of $240,000 into 529 plans for their daughters in 2008. Clearly they understand the benefit of the plans for themselves and middle class families. Seems like a little cutting of your nose to spite your face going on here. In my opinion, what the president wants the conversation during his last two years in office to be focused on the success, or lack thereof, of middle class families. And he seems to be succeeding. When he can get conservatives like Rand Paul, Paul Ryan and Mitt “I found a way to stash $100 inside of a tax-deferred IRA account” Romney to acknowledge and discuss wealth inequality, I’d say he’s making good political moves by making them play on his home field. For more info go here: http://robwilson.tv/will-obama-tax-52s-cnn-newsroom/
Views: 3262 robwilsontv
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Views: 177 rudygal333
Share this: http://OFA.BO/yshYEc Tweet this: http://OFA.BO/rE7YLz Today in Boone, Iowa President Obama shared how the Romney-Ryan economic proposal would raise taxes on middle class families with children in order to pay for tax breaks for millionaires and billionaires. As President Obama shared: "They have tried to sell us this trickle down fairy dust before. And it did not work then and it won't work now. It's not a plan to create jobs, it's not a plan to cut the deficit, and it's not a plan to move our economy forward." President Obama is in Iowa this week to kick-off a three-day bus tour across the state with grassroots events in Council Bluffs and Boone. The President discussed the choice in this election between two fundamentally different visions of how to create an economy built to last and restore middle-class economic security.
Views: 104481 BarackObamadotcom
As President Barack Obama's housing program fails, big banks are basking in success. The president's HEMP plan did nothing to save the average or middle class Americans home, making the housing crisis worse. Nomi Prins says banks aren't stepping up to help homeowners because they don't have too; there is no incentive for them to, when all they would be doing is making less of a profit.
Views: 1549 RT America
Weekly Address: Securing a Better Bargain for the Middle Class WASHINGTON, DC— In this week's address, President Obama told the American people that his plan for creating a better bargain for the middle class builds on the progress we've made, fighting our way back from the worst economic recession of our lifetimes. The President underscored the need for Congress to end the logjam in Washington and act on his plan that strengthens the cornerstones of what it means to be middle class in America: a good job, a home that is your own, affordable health care, and a secure retirement. The audio of the address and video of the address will be available online at www.whitehouse.gov at 6:00 a.m. ET, August 3, 2013. Remarks of President Barack Obama Weekly Address The White House August 3, 2013 Hi, everybody. This week, I went down to an Amazon warehouse in Tennessee to talk more about what we need to do to secure a better bargain for the middle class -- to make sure that anyone who works hard can get ahead in the 21st century economy. Over the past four and a half years, we've fought our way back from the worst recession of our lifetimes and begun to lay a foundation for stronger, more durable economic growth. Today, our businesses have created 7.3 million new jobs over the last 41 months. We now sell more products made in America to the rest of the world than ever before. Health care costs are growing at the slowest rate in 50 years, and our deficits are falling at the fastest rate in 60 years. But as any middle-class family will tell you, we're not where we need to be yet. Even before the crisis hit, we were living through a decade where a few at the top were doing better and better, while most families were working harder and harder just to get by. Reversing this trend must be Washington's highest priority. It's certainly mine. But too often over the past two years, Washington has taken its eye off the ball. They've allowed an endless parade of political posturing and phony scandals to distract from growing our economy and strengthening the middle class. That's why I'm laying out my ideas for how we can build on the cornerstones of what it means to be middle class in America. A good education. A home of your own. Health care when you get sick. A secure retirement even if you're not rich. And the most important cornerstone of all: a good job in a durable, growing industry. When it comes to creating more good jobs that pay decent wages, the problem is not a lack of ideas. Plenty of independent economists, business owners and people from both parties agree on what we have to do. I proposed many of these ideas two years ago in the American Jobs Act. And this week, I put forward common-sense proposals for how we can create more jobs in manufacturing; in wind, solar and natural gas; and by rebuilding America's infrastructure. What we're lacking is action from Washington. And that's why, in addition to proposing ideas that we know will grow our economy, I've also put forward a strategy for breaking through the Washington logjam -- a "grand bargain" for the middle class. I'm willing to work with Republicans to simplify our tax code for businesses large and small, but only if we take the money we save by transitioning to a simpler tax system and make a significant investment in creating good, middle-class jobs. We can put construction workers back on the job rebuilding our infrastructure. We can boost manufacturing, so more American companies can sell their products around the world. And we can help our community colleges arm our workers with the skills they need in a global economy -- all without adding a dime to the deficit. I'll keep laying out my ideas to give the middle class a better shot in the 21st century, and I'll keep reaching out to Republicans for theirs. But gutting critical investments in our future and threatening national default on the bills that Congress has already racked up -- that's not an economic plan. Denying health care to millions of Americans, or shutting down the government just because I'm for keeping it open -- that won't help the middle class. The truth is, there are no gimmicks when it comes to creating jobs. There are no tricks to grow the economy. Reversing the long erosion of middle-class security in this country won't be easy. But if we work together and take a few bold steps -- and if Washington is willing to set aside politics and focus on what really matters -- we can grow our economy and give the middle class a better bargain. And together, we can make this country a place where everyone who works hard can get ahead. Thanks, and have a great weekend.
Views: 699 ListenAndReadAlong
Share this: http://OFA.BO/6okeM7 Tweet this: http://OFA.BO/U3JD22 Excerpt from the 2012 Presidential Town Hall Debate in Hempstead, New York - President Obama: Giving Middle Class Families Relief
Views: 9446 BarackObamadotcom
Are you in? http://OFA.BO/TNNyjE Before President Obama delivered remarks at Kirkwood Community College in Cedar Rapids, he visited the home of Jason and Ali McLaughlin to discuss the need for Congress to extend the middle-class tax cuts that would prevent a tax hike on all families earning less than $250,000. As a result of the tax cuts President Obama has already signed into law, the McLaughlin's have received a total of about $4,900 in tax relief over the President's first term. President Obama has committed to extend the middle class tax cuts that expire at the end of this year--if these tax cuts expired, the McLaughlins could face a tax increase of about $2,000. In his speech, President Obama outlined his plan to build an economy from the middle out, not the top down, by ensuring hard work pays off and responsibility is rewarded, making critical investments in education and clean energy, and by reforming our tax system to restore middle class security and pay down our deficits in a balanced way.
Views: 206159 BarackObamadotcom
U.S. President Barack Obama has submitted a new spending plan for the next fiscal year. It′s a near-4-trillion-dollar proposal, taxing the rich to revive the middle class,... but a lot of pundits are already saying it′s a plan the Republican-controlled Congress is unlikely to pass. Arirang News′ Song Ji-sun breaks down the numbers for us. "Practical, not partisan." That′s how U.S. President Barack Obama described his budget proposal of nearly 4-trillion dollars... for the fiscal year 2016, which starts in October this year. As earlier outlined in his State of the Union speech last month, Obama′s plan is aimed at taxing the wealthy to support the middle class. It calls for a one-time, 14 percent tax on an estimated 2-point-1 trillion U.S. dollars of untaxed overseas income, while imposing a 19 percent tax on U.S. companies′ future foreign earnings. Obama is also looking to close tax loopholes such as one on "carried interest" to help fund investments in infrastructure and education. "It gives Americans of every age the chance to upgrade their skills so they can earn higher wages, and includes my plan to make 2-year colleges free for responsible students." The budget calls for 612 billion dollars in overall military spending, which includes funding to defeat Islamic State militants and to support NATO and European allies against Russian aggression. The budget foresees a 474 billion dollar deficit, at 2-point-5 percent of U.S. GDP - which is the lowest level since 2008. It′s projected to stabilize at that level, reducing the deficit by 1-point-8 trillion dollars over the next decade. The proposal requires approval from Congress but faces a rocky road ahead... with House speaker John Boehner rating Obama′s plan as unbalanced with "more spending, more taxes and more debt." Song Ji-sun, Arirang News.
Views: 103 ARIRANG NEWS
President Barack Obama took his arguments to the American public in his State of the Union address, focusing on a surging economy and his plans to strengthen the middle class. On foreign policy, the U.S. leader called on a joint session of Congress to vote to authorize military force against the Islamic State in Iraq and Syria. Following midterm election losses, the president's domestic and overseas agenda is expected to face tough resistance. VOA’s Mary Alice Salinas reports from Washington. Originally published at - http://www.voanews.com/media/video/2607143.html
Views: 426 VOA News
So instead we're sos. ------------------------------ Edited with Lightworks Linux BETA 11.1h Source: President Obama on the Fiscal Cliff Plan Find all my Youtube Poop here: https://www.youtube.com/playlist?list=PLvQBZRLAM8puq6yjTruVWIF1GrTJ24W3g Transcript: Hi, buddy! Just recently, we've stopped that middle class. But we didn't stop that middle class permanently. Hah hah. Children. Pay for college. Clean energy companies, pay for bait. Two million 'Mericans, or two million bigger 'Mericans. Now, hohohohoh, and happy New Year, everybody! Pay upwards of, two dollars more in taxes this year. Our hole in ded- defecit problem and a bubbuh-baaba-balanced in a responsible way. Yeah way. I'll admit, we've now raised those rates, permanermanermanently. We're solving this problem. LAL. Raise tax rates on 'Mericans. So that's progressive progress. Obviously there's still more dooid when it comes to reducing our doodoo when it comes to reducing our debt. Howze sos? Whoa. Not in the next forty years, but just for the next four years. Freeing ourselves from one trillion dollars, and protecting our children from schools. Freeing ourselves from the harmful effects of Mitt. That hasn't always been easy as I had hoped it would be. Stop tuition tax credits. They're helping millions of families. And thanks to sos. Because, you stopped that middle class. And I want you to know how grateful I am for that. Wow. You can try. Hyai. Y. Y'nony. Y'know my top priority has been preventing a 2013. Because the last thing middle class families could afford right now would be this year. And thanks. That sauce. Hah. Havayervah. Have a great new year. Now, NOW NOW. In other words, making sure this country remains a place where millions of families pay tuition tax. Neeh. Andneeh. Anneeh. Do more. Do it in a balanced way. Put all the burden on seniors. Get this done, right now. Pay higher taxes. Never agree to raise tax rates. Neh. Niaan. Ever since I took off, my preference has always been to wear a bib. Through two thousand trillion thousand thousand trillion dollars in spending, you made your voices heard, 'n hahmen. Anumuna. Winding down the war in Stanistan bigger, Bigger, BIGGER, BIGGER BIGGER! Ninety-eight percent of all families can afford sos. Problem? So instead we're sos! [Here commences a remix]
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Rahm Emanuel, dual citizen, Chief of Staff, Washington and Israeli insider, CFR...Mandatory Service "The Plan" Coming to a city near you. Join Joe Biden the Middle Class Czar and sign up, sign your kids up get a government handout and the "privilege" of citizenship. Join the Revolution...Join the Campaign for Liberty... Your friend in liberty, robpatozz www.educationalrevolution.wordpress.com
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YOUR DESCRIPTION HAS REACHED THE LIMIT OF CHARACTERS ALLOWED AND WAS CUT. WASHINGTON (AP) -- President Barack Obama is turning to his biggest television audience of the year to pitch tax increases on the wealthiest Americans and put the new Republican Congress in the position of defending top income earners over the middle class. As Obama continues to signal what he will propose during Tuesday's State of the Union address, senior administration officials said during the weekend that he will call for raising the capital gains rate on top income earners and eliminating a tax break on inheritances. The revenue generated by those changes would fund new tax credits and other cost-saving measures for middle-class taxpayers, officials said. Tax increases are rarely welcomed by congressional Republicans, who now hold majorities in the House and the Senate for the first time in Obama's presidency. Obama's tax proposals will likely be dismissed, if not outright ignored, by lawmakers outside the Democratic Party's liberal base. "Are they going to agree on everything? Absolutely not. I think we should have a debate in this country between middle class economics and trickle-down economics and see if we can come to an agreement on the things we do agree on," White House senior adviser Dan Pfeiffer said Sunday on CBS's "Face the Nation." He said the theme of the speech would be "middle-class economics." Rep. Adam Kinzinger, R-Ill., said he had heard all five of President Barack Obama's State of the Union addresses, which are filled with proposals both good and bad. But he said the president has fallen short by failing to establish close ties to Congress. "He's never reached out to Congress and Democrats will tell you the same thing. You can't get your proposals done unless you're willing to have a relationship with an important branch of government," Kinzinger said on ABC's "This Week." Obama also is expected to call for lawmakers to make community college free for many students, increase paid leave for workers and enact broad cybersecurity rules. Administration officials disclosed details on the tax proposals on the condition of anonymity because they were not authorized to discuss the proposals by name ahead of the president's speech. The centerpiece of the president's tax proposal is an increase in the capital gains rate on couples making more than $500,000 per year to 28 percent, the same level as under President Ronald Reagan. The top capital gains rate has already been raised from 15 percent to 23.8 percent during Obama's presidency. Obama also wants to close what the administration is calling the "trust fund loophole," a change that would require estates to pay capital gains taxes on securities at the time they're inherited. Officials said the overwhelming impact of the change would be on the top 1 percent of income earners. While GOP leaders have said they share Obama's desire to reform the nation's complicated tax code, the party has long been opposed to many of the proposals the president will outline Tuesday. For example, most Republicans want to lower or eliminate the capital gains tax and similarly want to end taxes on estates, not expand them. Administration officials pointed to a third proposal from the president as one they hope Republicans would support: a fee on the roughly 100 U.S. financial firms with assets of more than $50 billion. Officials said the fee is similar to a proposal from former Republican Rep. Dave Camp of Michigan, who led the tax-writing Ways and Means Committee. Camp's plan, however, was part of a larger proposal to lower the overall corporate income tax rate. Raising the capital gains rate, ending the inheritance loophole and tacking a fee on financial firms
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