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BREAKING: Obama to Call for $1.6 Trillion Tax Hike on Wealthy. We’re Heading For A Fiscal Cliff With a Guy Whose Campaign Slogan was FORWARD

 
DoorBert

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11/14/2012 01:20 PM

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BREAKING: Obama to Call for $1.6 Trillion Tax Hike on Wealthy. We’re Heading For A Fiscal Cliff With a Guy Whose Campaign Slogan was FORWARD
President Obama will open deficit reduction talks on Friday with a call for a $1.6 trillion tax hike on corporations and the wealthiest Americans over the next 10 years. The figure is double the total offered by House Republicans during last year’s debt talks. On Tuesday, Democrats signaled they would reject Republican calls to preserve the Bush tax cuts for top earners in exchange for removing deductions. It is unclear if Obama will revive his previous willingness to raise the retirement age to 67 and cap benefit hikes under Social Security. Obama and House Speaker John Boehner are due to begin negotiations Friday on averting the so-called fiscal cliff of expiring tax cuts and automatic spending reductions set to take effect at the end of the year. Speaking in Washington, Treasury Secretary Timothy Geithner stressed the urgency of reaching a deal.

[link to m.democracynow.org]

Last Edited by Phennommennonn on 05/06/2013 07:56 PM
DoorBert (OP)

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11/14/2012 01:24 PM

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Re: BREAKING: Obama to Call for $1.6 Trillion Tax Hike on Wealthy. We’re Heading For A Fiscal Cliff With a Guy Whose Campaign Slogan was FORWARD
Obama's top Wall Street ally endorses tax hikes for the rich

[link to www.huffingtonpost.com]
DoorBert (OP)

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11/14/2012 01:27 PM

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Re: BREAKING: Obama to Call for $1.6 Trillion Tax Hike on Wealthy. We’re Heading For A Fiscal Cliff With a Guy Whose Campaign Slogan was FORWARD
Leno: We’re Heading For A Fiscal Cliff With ‘A Guy Whose Campaign Slogan Was FORWARD’

[link to www.therightscoop.com]
DoorBert (OP)

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11/14/2012 01:54 PM

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Re: BREAKING: Obama to Call for $1.6 Trillion Tax Hike on Wealthy. We’re Heading For A Fiscal Cliff With a Guy Whose Campaign Slogan was FORWARD
Obama: could get agreement on extending tax cuts by next week

[link to twitter.com]
DoorBert (OP)

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11/14/2012 02:08 PM

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Re: BREAKING: Obama to Call for $1.6 Trillion Tax Hike on Wealthy. We’re Heading For A Fiscal Cliff With a Guy Whose Campaign Slogan was FORWARD
BREAKING: Obama says he won't extend current tax rates for wealthiest taxpayers, wants to see them rise.

[link to twitter.com]
DoorBert (OP)

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United States
11/14/2012 02:51 PM

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Re: BREAKING: Obama to Call for $1.6 Trillion Tax Hike on Wealthy. We’re Heading For A Fiscal Cliff With a Guy Whose Campaign Slogan was FORWARD
OBAMA: US CAN'T AFFORD ACROSS-THE-BOARD TAX HIKE

[link to www.breitbart.com]

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