Tuesday, December 07, 2010

Tax Cuts and the Obama Re-Elect in 2012


President Obama has done a deal with the Republicans to keep the Bush 43 tax cuts for two years, but the Oval has made a presentational mistake its delivery, President Obama stated the following on the deal,Ever since I started running for this office I've said that we should only extend the tax cuts for the middle class………. Now, Republicans have a different view. They believe that we should also make permanent the tax cuts for the wealthiest 2 percent of Americans. I completely disagree with this. A permanent extension of these tax cuts would cost us $700 billion at a time when we need to start focusing on bringing down our deficit. And economists from all across the political spectrum agree that giving tax cuts to millionaires and billionaires does very little to actually grow our economy. ” If your Castro YES you want to tax rich, or work for the New York Times, if your NORMAL, it’s the rich that buy things, employ people, tax cuts to the middle class don’t do much, the Middle Class live from week to week, they spend to survive not to create jobs in the economy, but I guess if you have gone to Harvard and lived in Hawaii you don’t get blue collar Reagan Democrats. POTUS is so frightened of the left wing of his own Party that he stated the following, I know there’s some people in my own party and in the other party who would rather prolong this battle, even if we can't reach a compromise. But I'm not willing to let working families across this country become collateral damage for political warfare here in Washington.The elite view of President Obama is shown in the following remarks,But these tax cuts will expire in two years. And I’m confident that as we make tough choices about bringing our deficit down, as I engage in a conversation with the American people about the hard choices we’re going to have to make to secure our future and our children’s future and our grandchildren’s future, it will become apparent that we cannot afford to extend those tax cuts any longer.There is no way in hell that Obama can go in to election in 2012 with the argument that he will raise the taxes of Americans, the Republicans wont allow him to disconnect the two, it works for Republicans, tax cuts for all Americans.
 
 
 

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