Obama: Relax, I Don’t Want to Raise Taxes Until After I’m Re-Elected
**Written by Doug Powers
The “I want to raise taxes, just not until after I’m re-elected” part is probably coming soon to a Republican campaign ad near you, and the part about the best-selling authors — I’m not sure where that came from. The White House appears to be running low on culprits for the bad economy.
President Obama wants to let you know that no one is getting off the hook. Be it CEOs of Fortune 500 companies, corporate jet owners, hedge fund managers, or …. best-selling authors? Yes:
We weren’t balancing the budget off of middle-class families and working-class families. And we weren’t letting hedge fund managers or authors of best-selling books off the hook. That is a reasonable proposition.
Obama concluded, “we’re not looking to raise taxes right now” — just in 2013 and 2014.
In addition to the usual suspects, Obama is ratcheting up the pressure on authors of best-sellers. Do you know what this means? It means that Chuck Schumer has absolutely nothing to worry about.
As for calling for proposed tax increases, remember the Saturday Night Live sketch before the 1984 election when Walter Mondale had pledged to raise taxes, and he was appearing on a show called “What Were You Thinking?” It’s too early to tell, but we might be seeing a sequel to that skit in progress.
Click the pic to watch:
(h/t Free Republic)
**Written by Doug Powers
Twitter @ThePowersThatBe
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Neither does Pelosi.
The Obama Adminstration would like to apologize…the person in charge of running the teleprompter has been sacked.
Was that Barry or his ego talking?
everything he does is after 2013, is he trying to dodge blame again? also, i am guessing he doesn’t realize, he won’t beat down the republicans to give an inch. if the republicans give a millimeter, we will remember them on election day too!
I would rather be a good one term pResident, but if you don’t gimme what I want you are racist! Expect it early and often.
Seems to be the only card he has left, expect it to be played as often as dead folk vote in Chicago.
“Best-selling authors” could be either a reference to Stephen King and his begging to be taxed further (but God forbid he just donate that money), or to Obama’s ghostwritten books prior to being elected.
That Barry….always warming up for the opera…
me me me me me me me me me me
In 2013, China will be raising our taxes. Not Barry.
bho you lie, you lie, and you lie so much you would not know the truth if it bit you in your skinny rear. Hubby got to hear my daily rant of how I feel about bho and it is not what I am saying here, I detest bho here on MM. This old gal can be a nasty critter sometimes, but I do tell the truth.
L
Hey Barry,They’re still looking for a replacement for that dead guy on Jack@ss.
To take his place in the show…or in the coffin?
A m00se once bit my sister…
No good. I’ve seen him on a bike. He’s got no cred there either.
*Ya think maybe he misses MM as much as we do?; Pathetic partisan dribble from the leader of the free world, a former rabble rouser beating neighborhood trash cans to spread marxist dogma in Chicago; Please people, let’s not make this mistake again; Let’s save this Republic for future generations of all persuations before Communist China starts pulling the strings!
*Best question of the presser came from Chip Reid, asking while all discussions done in private, and with 69% of the people OPPOSED to raising the debt ceiling, why do it; Typical marxist answer, that the common folk don’t follow this stuff and don’t know any better; The common folk know how to balance a budget P-BO, and we are asking you to do the same!
ROTFLMAO! Nothing to add but roll credits…
Executive Producer
JOHN GOLDSTONE & “RALPH” The Wonder Llama
Producer
MARK FORSTATER
Assisted By
EARL J. LLAMA
MIKE Q. LLAMA III
He just keeps fueling the anger. At the rate the scandals are going, he might have difficulty completing his 1st term.
Just some of the new taxes we can already look forward to over the next few years thanks to Barry:
Keep in mind that Barry has already signed the largest tax increase since 1993. While everyone focuses on the Bush tax rates that expire after 2012, other tax increases are already set to hit the economy thanks to the 2010 Affordable Care Act. As a refresher, here’s a non-exhaustive list of ObamaCare’s tax increases:
• Starting in 2013, the bill adds an additional 0.9% to the 2.9% Medicare tax for singles who earn more than $200,000 and couples making more than $250,000.
• For first time, the bill also applies Medicare’s 2.9% payroll tax rate to investment income, including dividends, interest income and capital gains. Added to the 0.9% payroll surcharge, that means a 3.8-percentage point tax hike on “the rich.” Oh, and these new taxes aren’t indexed for inflation, so many middle-class families will soon be considered rich and pay the surcharge as their incomes rise past $250,000 due to tax-bracket creep. Remember how the Alternative Minimum Tax was supposed to apply only to a handful of millionaires?
Taxpayer cost over 10 years: $210 billion.
• Also starting in 2013 is a 2.3% excise tax on medical device manufacturers and importers. That’s estimated to raise $20 billion.
• Already underway this year is the new annual fee on “branded” drug makers and importers, which will raise $27 billion.
• Another $15.2 billion will come from raising the floor on allowable medical deductions to 10% of adjusted gross income from 7.5%.
• Starting in 2018, the bill imposes a whopping 40% “excise tax” on high-cost health insurance plans. Though it only applies to two years in the 2010-2019 window of ObamaCare’s original budget score, this tax would still raise $32 billion—and much more in future years.
• And don’t forget a new annual fee on health insurance providers starting in 2014 and estimated to raise $60 billion. This tax, like many others on this list, will be passed along to consumers in higher health-care costs.
There are numerous other new taxes in the bill, all adding up to some $438 billion in new revenue over 10 years. But even that is understated because by 2019 the annual revenue increase is nearly $90 billion, or $900 billion in the 10 years after that. Yet Barry wants to add another $1 trillion in new taxes on top of this.
http://sistertoldjah.com/archives/2011/07/11/a-short-list-of-taxes-to-look-fwd-to-courtesy-of-president-obama/
Interesting. I used zeroes for the o’s, and WordPress corrected it. Serves me right for being to lazy to search through the extended ASCII for the right character.
Ain’t that about it? Except of course for the I,I,I,I’s…
Wow… I almost forgot about that too!
(OK, not really) But I will bet that it is something that will not see the light of day in the MSM. Keep reminding people Lady, cause you can be sure the LSM won’t.
Anybody ever notice that none of O’bambi’s idea’s ever take effect until he is already out of office? Well, if 2012 is the year of the informed instead of the year America proved it was not racist.
Green eyed Lady said:
As a matter of fact I do! Perfect analogy. No one gave a rip b/c they’d likely never have the good fortune to FIND themselves in the AMT!
As mentioned, w/ hyper inflation coming to a gainfully employed ATM near your.., this will eventually hit everyone not eligible for Earned Income Credito! And it’s not like these scumbag congresscritters didn’t see it coming?
Great ( if not depressing ) refresher course. I’ll puke now…
Woo HOOO!! Taxes won’t be raised…. Yip Yip Yip Yahoo!!!
Wow!!! There couldn’t be a better replacement than Hussein. Well, Dodd, Pelosi, Reid, Wasserman-(Sgt)Shultz, Weiner, et al… you catch my drift. I should have just said the libs party.
O/T a bit but Rush brought up something interesting about the 2 August drop dead date for the debt ceiling.
Reckon Hussein will be on board AF1 on his way to Mecca? Ramabutt… er.. Ramadam is Aug 1st.
For the last 2-1/2 years, I wake up feeling like I’m living in an alternate universe or an episode of Twilight Zone….
Someone pinch me, quickly, I beg you.
Can’t be the Twilight Zone. This dimension, while possessing “sight and sound” has shown no evidence of “mind”.
Ok that was good. And while enroute he’ll be comforted to know Michele Bachman ( Old Titanium SPINE! to you Teh Wun ) will be hard at work dismantling O’Care!
Not that he’ll give a rat’s azz…
Is everyone gonna ‘eat their peas?’
I hope so…’cause that may be the only
food we’ll be able to afford.
Best selling authors….what a sly self-reference; my, isn’t he clever?
Read today’s WSJ editorial. “Taxes Upon Taxes Upon”. You get the picture. The article NAILS it.
Good Strategy!
Jimmy Carter’s 1981 budget provided for an effective tax increase of $50 billion. And that was when 50 billion wasn’t a budget rounding error.
I believe he was the last incumbent to run on raising after re-election. (In fairness he did win six states with 49 electoral votes)
I shudder to think what Barky would do with four years as a lame duck.
Start growing potatoes and other root veggies right the frick now.
He wants to raise taxes?
Remember the old Western”Hombre” when Paul Neumann asks Ricahrd Boone, “How are you going to get down that hill?”
Boehner should ask Obama, “How do you intend to sell that one?”
The guy is trying to win the entire pot and he does not even have any cards left……..
Dear Mr. President,
“I eat peas and honey.
I’ve done it all my life.
It does taste kind of funny.
But it keeps them on my knife.”
Run Whirled run! Looks like you are on the menu now!
Your Iowan is showing…
I can see 2012 from my polling place.
Oh shut up you bloody peasants!!
The directors of the firm hired to continue the credits after the other
people had been sacked, wish it to be known that they have just been
sacked.
Debt Ceiling Advice For Republicans As The Barry Press Conference Publicity Stunts Continue
After three years of consorting with sweaty male sports teams, golfing with his male buddies, and fundraising with his rich boy pals, Barry now somehow believes he is man enough to demand “daily sessions” with congressional leaders until a “big” “deal” is reached on the debt ceiling. Go back to golfing you goofball – no one believes you are man or woman enough to get a $4 trillion deal or anything but what you deserve – a resounding slap on the face.
http://www.hillaryis44.org/2011/07/11/debt-ceiling-advice-for-republicans-as-the-obama-press-conference-publicity-stunts-continue/
I love it!
Would that be a b!tch slap?
Just more evidence that he has long-term plans for tanking this economy.
I always recite that wearing bib overalls.
Hah, Obambi thinks he can manipulate all of us with his stupid rhetoric. My wife is now glad I am Tea Party. She was a Democrat, all is not lost.
Put 3 peas on the tines so you don’t poke your eye out!
Reason I said that, today at work, sneaking a peak at at Drudge, the lead headline was “Eat Your Peas”. I thought, what was that poem Dad recited about peas, honey and a knife?
Watching O’bambi today I could not help but think of Chapelle’s cereal commercial.
Call me crazy, but I just couldn’t help picturing Dave sitting in the front row…
OK, with that I am officially a racist and will accept that title in the future without complaint.
Bet you can’t guess what “color” I am though.. (Hint, if you guess “white” you are wrong).
My wife is from Dubuque, so I say this at great risk of bodily harm: isn’t that considered indecent exposure?
Really? How much in taxes did Bill Ayers pay for the royalties from writing “Dreams From My Father”?
In Iowa, it’s only considered indecent if you live in Johnson County.
Isn’t that short for Howard Johnson County?
Does she play euchre ?
Now my Iowan is showing
~
Euchre (/ˈjuːkər/), also known as eucre, is a trick-taking card game most commonly played with four people in two partnerships with a deck of 24 standard playing cards. It is the game responsible for introducing the joker into modern packs; this was invented around 1860 to act as a top trump or best bower (from the German word Bauer, “farmer”, denoting also the jack).[1] It is believed to be closely related to the French game Écarté that was popularized in the United States by the Cornish and Pennsylvania Dutch,[2] and to the seventeenth-century game of bad repute Loo. It may be sometimes referred to as Knock Euchre to distinguish it from Bid Euchre.
PDS Strikes Again!!
http://newsbusters.org/blogs/noel-sheppard/2011/07/11/martin-bashir-falsely-accuses-palin-calling-obama-sugar-daddy
Only if you have been at the Howard Johnson’s in Johnson County on numerous occasions. Trust me on this
Having never run a business, Obama and his Harvard advisers were sure that by delaying the most costly parts of Obamacare for several years, it would not harm the economy now. But it did. That was because successful businesses always estimate future costs before expanding and adding new employees.
Having learned nothing, Obama now thinks he can raise taxes on job creators in two years and it won’t have any impact on job creation today. Either he is utterly stupid or he just doesn’t care if the economy improves.
Democrats used to bristle at being called the tax and spend party. But now they are so proud of it they are willing to hold the country hostage until their demands for more taxing and spending are agreed to.
The Littlest Marxist can’t hep hisself. True dat.
Well said. Marxian Socialism is a 19th century psychiatric illness that needs to be sent back from whence it came. It’s like a damm vampire that won’t die. Put a stake in it already.
So, where’s the Tea Party? They seemed to disappear after November 4th.
This is a PERFECT TIME for another 2 million March on DC….
Send the message during debt limit talks…..
I prefered Chapelle’s commercial for Samuel Jackson Ale! “It’ll get you drunk!”
As for color: red, white, and blue?
I may have been wrong. I have thought Obama isn’t an idiot, but a knave. The things he has done that are so damaging to America, he has done on purpose, knowing they would damage us.
However, some of the incredibly stupid things he has done are causing me to question that thesis.
For instance, setting up the beginning of 2013 with massive tax increases we know about well in advance can only crush the economy in 2012, right when Obama needs the economy to be seeming to be in a recovery.
Even given that he hates America and wants us to fail, he still shouldn’t be arranging things to be the most devastating right when he needs to get reelected.
The only explanation seems to be that he really does not understand businesses plan for what is coming. That kind of failure of comprehension isn’t just stupidity, it’s computer-like, mechanized idiocy. It shows a total lack of common sense and real world experience.
Most of all, it shows an inability to put himself in someone else’s shoes.
He cannot think like a businessman. He really is that stupid. He really does not understand why the economy is stuck in the ditch.
Amazing. He hates us, and he’s an idiot.
When people called him a communist, they were right. When people called him brilliant, uh, not so much.
Unemployment exploded after his first election. It will surely do so once more should the idiot electorate put this sock-puppet back into the White House in 2013.
On July 12th, 2011 at 9:28 am, BK said:
I agree with you, but huge numbers are more difficult to produce on short notice…
Part of what made September 12, 2009 so big was that people had months to plan for it, and some people travelled across the entire country to come to it. Plane reservations are more expensive if booked less than 21 days before travel. The first Saturday that is more than 21 days away is Saturday August 6th.
Obama says he wants this resolved by August 2nd. Whether or not it will be resolved by then is anyone’s guess. But if word started spreading now of a big event then, just the knowledge that we are coming would have an impact on those in Washington.
So, who’s up for planing a Tea Party in DC on August 6th?
On July 12th, 2011 at 1:12 pm, yohannbiimu said:
Unemployment came steadily down from the passage of 2003 portion of the “Bush Tax Cuts” until the Democrats took control of Congress in January 2007. From that point on, under majority Democrat control, unemployment has skyrocketed.
Electing a Republican House has helped put the brakes on, but the only way to truly turn this economy around is to elect strong Conservatives to the Presidency, Senate, and House in 2012.
And passing the Fair Tax would boost the economy quickly.