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Democrats Pull Away From Obama on Bush Tax Cuts

Other Democrats understand Americans can't afford a tax increase

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Okay Ford, hard to take econimic advice from someone who looks like a light in the loafers Adam Sandler but here it goes..Well Deeds, the trickle down "Voodoo" economics that you are championing failed miserably during the Reagan era, and Bush just rotted out the same pig with a new sweater. News flash! The rich are greedy! Given a surplus of 400K from a tax break and the choice between a new yacht or hiring 10 more workers the workers will lose every time. The only way to build the economy is from the ground up, that is the average man has more disposable income to buy goods which creates a demand that the business owners cannot keep up with and forces them to expand. The big business have proven time and time again that given the choice between expanding and creating jobs and raising salaries and Bonus' for the top echelon employees the CEO's and their ilk win out every time.

Lest you think I am knee jerk democrat I will tell you I am independent and I actually benefit from the Tax breaks as I am single and make in excess of 250K, I used to be Republican but alas they kept nominating idiots and I had to move on. So Obama cannot get the unemployment rate under 8%???? It was double digits when he took office Bobby Boudreaux! In the 8 years W was in office we went from the biggest surplus left by Clinton to the biggest deficit created by W, in a double dip recession and on the brink of a depression, with W having to bail out Wall street who were victims of their own greed and mismanagement, likely criminally so. And now you want to extend the cuts that helped create and aided that economic climate??? Good call Opera Man! The one glaring example I can think of is my Girlfriend who makes 80K a year and is a single mother of two by percentage of her income pays 11% more in taxes than I do as single man earning in excess of a quarter million a year! I can afford more she can't, so stop sugarcoating this tax break for the rich as a "Job Stimulus plan" no one with half a brain is buying it. Just call it what it is...stroking the rich supporters of the republican party!!

Jameson Weldon of LA 1:16PM July 14, 2012

Oh please....the penalty/tax will only affect salaries over 250,000 so this will not affect very many of us since our salaries haven't risen since the 1970's. The Supeme Court called this penalty a tax. Oh, and what did Romney call it when he had the same mandate? Tax or penalty? It's not Obamacare, it's ObamaCares!

Wanda Knipp of FL 8:37PM July 12, 2012

Hello!

Has everyone forgotten that when President Bush enact the tax cuts it was because we had a surplus and the cuts were justified..

We no longer have a surplus and therefore the tax cuts should no longer be justified especially when it comes to the rich...

We, the middle class, get no credit for keeping the economy rolling and we should! By allowing the middle class to keep the tax cuts, allows us to spend more which keeps the wheels of the economy turning, in turn keeps/creates jobs! What do the rich purchase on a daily basis? Everything they have aquired is paid for and should be the best money can buy and they are not resented for that!

The supposed job creators have not taken that tax cut and created jobs and they never will, just because I have more money doesn't dictate that I go out and give someone a job. Jobs are only created when it helps increase profits! Period!

Increase taxes on the job creators, if, for no other reason, cause they did not create any jobs!

Michel of TX 11:33AM July 12, 2012

With Obama, it's about winning the vote and continuing his agenda to break America down internally, so he can continue in his agenda to bring America down from the powerful sovereign nation that it has always been, to a subjugated, government owned, socialistic welfare state. Coincidentally, the same strategy will work for both. Through ignorance, he can continue building enmity between Americans via class AND race warfare, and while his followers are only hearing what he has to say, (versus seeing the reality of his failures and flawed policies) he can do what he has done since he took office, ignore the budget and economy and count on their ignorance and gullibility,

Toni of AZ 11:14PM July 11, 2012

I am voting for President Obama. The rich need to pay more in taxes. The US needs to reduce federal spending but reducing spending alone is not going to solve our country's problems. We need to reduce spending and increase taxes on the rich. President Obama is right. If we don't do both (increase taxes on the rich and reduce spending) then we will have to balance the budget by just spending cuts and cuts of that size could do a lot of damage to our economic stability. People saying we should only cut spending to reduce our budget deficits do not understand this but doing what they are suggesting would take too much money out of the economy at a time when we are already at the threshold of a major depression. It makes the most sense to take the money from a "hoarded" supply of money that isn't part of our country's economy and put that money into the economy. The place to find hoarded money is to look to the wealthiest Americans for it. They have been getting great tax rates for the past decade and they have been making record profits during this God-awful recession and now it is time for them to pay for their partying ways. Warren Buffet is right. We need to take money from the rich, reduce spending, and carefully pay down our debt rather than attempting to cold turkey cut spending which would take a lot of money out of the economy and drive us into a major depression.

Rsusell Dee of WA 8:57PM July 11, 2012

While reading absent Jackson..that reminds me of Todd bridges and his skills, dana delaney may have been his co-star, and if the article that goes hand in hand with the reverand and the situations, not since you ate shits as homonyms...the little man referencing was very nurturing andtemporary. So, i am still stalled by the neo gov website that contains my resume, as i hearken towards yesterdays questions between Macbeth and Hamlet..I remember portland, OR...how does Saying Santa barbara and Portland sound in the same sentence..okay...so this article is not pertinent towards the Cano brothers either article in which I had seen another derby going on prior to the one going on yesterday.

Danton of FL 5:51PM July 11, 2012