Monday, November 8, 2010

All or nothing: Stop the Obama tax increases

By Michelle Malkin  •  November 8, 2010 09:53 AM 
 


I’m going to keep repeating it until they stop saying it.

Republicans, you are not fighting for the extension of the “Bush tax cuts.”

You are fighting to STOP THE OBAMA TAX INCREASES.

All of them.

As I noted on Friday, when voters got the chance to soak the rich in Washington state, they overwhelmingly rejected onerous, punitive taxes to redistribute wealth from private job creators and future private job creators to government schools and government health care programs.

Over the weekend, Obama said he is willing to have a “serious conversation” about temporary tax relief for all.

Yeah, we know how Obama’s Kabuki “conversations” end (reminder: smitten Smurfs).
The feint:
President Obama is not ready to cave in to Republican demands that Bush-era tax cuts must be extended to wealthy Americans.
Obama told “60 Minutes” that he is ready to work with Republicans on the hotly debated issue, but he stopped short of saying he is ready to compromise with the GOP.
“We’re gonna have to have a serious conversation about it,” he said in his first interview since Democrats were massacred at the polls on Election Day.
The dispute centers around whether to extend the tax cuts to families earning less than $250,000, which both parties want, or giving the cuts to all Americans, which the GOP wants.
Raising taxes for middle class Americans, the President said, “is the last thing we want right now.”
The cuts are set to expire by the end of this year.
Obama said giving the tax break to people earning more than $250,000 a year will cost the country $700 billion over the next 10 years.
 Obama isn’t “giving” anything. He’s taking. And taking. And taking.

Obama and the Democrat ruling majority took trillions from wealth-creating Americans in the name of an “emergency situation”

He tripled the deficit.

Sold hundreds of billions of dollars in U.S. debt to China.

And now he’s worried about fiscal responsibility?
Let’s start where we agree. All of us want certainty for middle-class Americans. None of us want them to wake up on January 1st with a higher tax bill. That’s why I believe we should permanently extend the Bush tax cuts for all families making less than $250,000 a year. That’s 98 percent of the American people.
We also agree on the need to start cutting spending and bringing down our deficit. That’s going to require everyone to make some tough choices. In fact, if Congress were to implement my proposal to freeze non-security discretionary spending for three years, it would bring this spending down to its lowest level as share of the economy in 50 years.
But at a time when we are going to ask folks across the board to make such difficult sacrifices, I don’t see how we can afford to borrow an additional $700 billion from other countries to make all the Bush tax cuts permanent, even for the wealthiest 2 percent of Americans. We’d be digging ourselves into an even deeper fiscal hole and passing the burden on to our children.
“Our children,” my you-know-what.

He doesn’t give a rat’s you-know-what about the children of America’s producers whom he continues to demagogue.

Our fiscal conservative leaders in Washington must forcefully challenge the redistributor-in-chief’s idea that allowing taxpayers to keep money that is theirs to begin with is a government “spend.”

We sent fresh blood to D.C. to stand up for those who have been targeted ruthlessly by Obama’s war on wealth, jobs, and prosperity.

Stop the Obama tax increases. All or nothing. We’ve been punished enough.
 
Posted in: Politics