Comments on: Double taxes on the rich and you still wouldn’t balance the U.S. federal budget http://blogs.reuters.com/james-pethokoukis/2009/08/05/double-taxes-on-the-rich-and-you-still-wouldnt-balance-the-us-federal-budget/ Politics and policy from inside Washington Sun, 07 Apr 2013 21:23:48 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: James Raider http://blogs.reuters.com/james-pethokoukis/2009/08/05/double-taxes-on-the-rich-and-you-still-wouldnt-balance-the-us-federal-budget/comment-page-1/#comment-1412 James Raider Thu, 06 Aug 2009 07:28:17 +0000 http://blogs.reuters.com/james-pethokoukis/?p=1396#comment-1412 THE COMING MASSIVE TAX HIKE ON THE MIDDLE CLASS To initiate an advance on the lengthy economic turnaround, the joy ride of debt-spending-with-wanton-abandon mindset enjoyed by Bush and continued by Obama must be brought to a close. Here come the real tax increases on Everybody. http://pacificgatepost.blogspot.com/2009/08/obama-middle-class-income-tax-increases.html THE COMING MASSIVE TAX HIKE ON THE MIDDLE CLASS

To initiate an advance on the lengthy economic turnaround, the joy ride of debt-spending-with-wanton-abandon mindset enjoyed by Bush and continued by Obama must be brought to a close.

Here come the real tax increases on Everybody.

http://pacificgatepost.blogspot.com/2009  /08/obama-middle-class-income-tax-incre ases.html

]]> By: jack http://blogs.reuters.com/james-pethokoukis/2009/08/05/double-taxes-on-the-rich-and-you-still-wouldnt-balance-the-us-federal-budget/comment-page-1/#comment-1404 jack Wed, 05 Aug 2009 23:29:19 +0000 http://blogs.reuters.com/james-pethokoukis/?p=1396#comment-1404 Better yet: Tax the top 5% at 100% - i.e. the full $3.3T of income - and you'd barely pay for $1T for healthcare "reform," $1T for "cap and trade," and the existing $1T+. I wonder what % of the American public has a job as a result, either directly (s/he created the company) or indirectly (s/he is an investor in a company), of the top 5% of income earners? Better yet: Tax the top 5% at 100% – i.e. the full $3.3T of income – and you’d barely pay for $1T for healthcare “reform,” $1T for “cap and trade,” and the existing $1T+.

I wonder what % of the American public has a job as a result, either directly (s/he created the company) or indirectly (s/he is an investor in a company), of the top 5% of income earners?

]]> By: Ken http://blogs.reuters.com/james-pethokoukis/2009/08/05/double-taxes-on-the-rich-and-you-still-wouldnt-balance-the-us-federal-budget/comment-page-1/#comment-1393 Ken Wed, 05 Aug 2009 19:51:41 +0000 http://blogs.reuters.com/james-pethokoukis/?p=1396#comment-1393 The wealthy need their windfall profits to create jobs....not outsource or hide in Switzerland banks. The wealthy need their windfall profits to create jobs….not outsource or hide in Switzerland banks.

]]> By: John http://blogs.reuters.com/james-pethokoukis/2009/08/05/double-taxes-on-the-rich-and-you-still-wouldnt-balance-the-us-federal-budget/comment-page-1/#comment-1392 John Wed, 05 Aug 2009 19:29:25 +0000 http://blogs.reuters.com/james-pethokoukis/?p=1396#comment-1392 The reality is all of us American will pay higher taxes to cover Obama's ambitious health care program. Taxes and spend and that's what government do. I don't believe one bit when Obama said no taxes on the middle class. If you do the math, how is he going to pay for it without raising taxes ? We're all screw no matter what. My salary decrease but my taxes are going up. Our country is heading to a disaster. Those politicians in Washington are not living in the real world. The reality is all of us American will pay higher taxes to cover Obama’s ambitious health care program. Taxes and spend and that’s what government do.

I don’t believe one bit when Obama said no taxes on the middle class. If you do the math, how is he going to pay for it without raising taxes ? We’re all screw no matter what. My salary decrease but my taxes are going up. Our country is heading to a disaster.

Those politicians in Washington are not living in the real world.

]]> By: f belz http://blogs.reuters.com/james-pethokoukis/2009/08/05/double-taxes-on-the-rich-and-you-still-wouldnt-balance-the-us-federal-budget/comment-page-1/#comment-1390 f belz Wed, 05 Aug 2009 18:22:59 +0000 http://blogs.reuters.com/james-pethokoukis/?p=1396#comment-1390 We are not going to find the pot of gold at the end of this rainbow. Government is unstable and out of hand and that includes lawmaking and spending. This did not just happen, it has been this way for quite some time. This is akin to General Motors in that we all agree it is not working, but no one has a clue how to fix it. I don't know how to fix it other than to recall our representatives, provide direct oversite on everthing they do and start limping forward We are not going to find the pot of gold at the end of this rainbow. Government is unstable and out of hand and that includes lawmaking and spending. This did not just happen, it has been this way for quite some time. This is akin to General Motors in that we all agree it is not working, but no one has a clue how to fix it. I don’t know how to fix it other than to recall our representatives, provide direct oversite on everthing they do and start limping forward

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