Thursday, January 3, 2013

After Tax Hike, Obama Still Thinks Rich Need to Pay More

It apparently wasn't enough to raise taxes on 77 percent of Americans with the fiscal cliff deal signed into law by auto-pen late last night by President Obama. In a video put out by the White House, President Obama dishonestly explained what the fiscal cliff means and then proceeded to say some Americans still need to "pay their fair share." Obama said there is more he wants to do to reduce our debt in a "balanced way," because after all, the $41 in tax hikes per $1 in spending cuts apparently wasn't enough irresponsibility for him. He gloated over the American tax system becoming more progressive after making tax hikes on the rich permanent.
"I’m willing to do more, as long as we do it in a balanced way that doesn't put all the burden on seniors or students or middle class burdens but also asks the wealthiest Americans to contribute and pay their fair share.”

Read more: http://townhall.com/tipsheet/katiepavlich/2013/01/03/after-tax-hike-obama-still-thinks-rich-need-to-pay-more-n1478184

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