Obama says he 'won't compromise' on taxes

REDFORD, Mich. (AP) - President Barack Obama warned Monday that he "won't compromise" on his demands that the wealthiest Americans pay more in taxes, digging in on the chief sticking point between the White House and Republicans as they seek a way to avert the "fiscal cliff."
Obama brought his pressure-Congress campaign to the heart of industrial America, ripping lines from his own re-election bid as the nation inched closer to a perilous economic cliff. He said the country couldn't afford a "manufactured" crisis and pledged to cheering auto workers that he would fight to extend tax cuts for the middle class before they expire at year's end.
"That's a hit you can't afford to take," Obama declared.
Obama's campaign-style trip to Michigan came one day after he and House Speaker John Boehner met privately at the White House. While neither side would characterize the meeting, the mere fact that the two leaders talked face-to-face was seen as progress in negotiations to avoid a series of year-end tax hikes and spending cuts.
Republicans have long opposed Obama's call for higher tax rates on the wealthy, but some GOP lawmakers are suggesting the party relent on taxes in order to win concessions from the president on changes to benefit programs such as Medicare. Still, Boehner's office indicated Monday that the speaker wasn't ready to take that step.
"The Republican offer made last week remains the Republican offer," said Brendan Buck, a Boehner spokesman. He was referring to a GOP plan that offered $800 billion in new revenue over the next decade through reducing or eliminating unspecified tax breaks on upper-income earners, but not by raising tax rates.
Obama brought his pressure-Congress campaign to the heart of industrial America, ripping lines from his own re-election bid as the nation inched closer to a perilous economic cliff. He said the country couldn't afford a "manufactured" crisis and pledged to cheering auto workers that he would fight to extend tax cuts for the middle class before they expire at year's end.
"That's a hit you can't afford to take," Obama declared.
Obama's campaign-style trip to Michigan came one day after he and House Speaker John Boehner met privately at the White House. While neither side would characterize the meeting, the mere fact that the two leaders talked face-to-face was seen as progress in negotiations to avoid a series of year-end tax hikes and spending cuts.
Republicans have long opposed Obama's call for higher tax rates on the wealthy, but some GOP lawmakers are suggesting the party relent on taxes in order to win concessions from the president on changes to benefit programs such as Medicare. Still, Boehner's office indicated Monday that the speaker wasn't ready to take that step.
"The Republican offer made last week remains the Republican offer," said Brendan Buck, a Boehner spokesman. He was referring to a GOP plan that offered $800 billion in new revenue over the next decade through reducing or eliminating unspecified tax breaks on upper-income earners, but not by raising tax rates.
"... he would fight to extend tax cuts for the middle class..."  Political-speak for "I don't promise anything, but I want to SOUND like I'm promising something."
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Anything that comes out of his mouth (and office) that does NOT include a huge cut in spending is just more wood on the fire.
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How about this, you Fed brat-holes...
Let US decide how to redistribute our earnings. Â Stop taking it from us then spending it on YOUR pet programs and agendas? Â That's right, I don't believe you have this Nation's best interests at heart.
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Wouldn't it be nice if there was a web site were we could log in and fund the programs the way WE wanted, as individuals? Â In this dream world, once the taxes are filed and each individual has a "here's what you pay" lump sum, we would then be redirected to another page where we are presented with a comprehensive list of government programs, with a check box beside each one. Â Once that check box is clicked, a window pops up showing our total liability (from the tax bottom line) and an empty line where we put how much we'd like to contribute.
In this dream world, the government would be constantly advertising it's wish list, and we'd be able to vote with our dollars.
In this dream list, there would be no end to the $$ you could contribute - if you felt that you should pay more than required, you could! Â No one would stop you! Â You could fund yourself right into the blissful state of your choice, without forcing another to do the same.
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Worst president in my lifetime... and yes I am probably older than you.
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 @wahoo Â
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"constipated conservative" YES! You're my hero, Wahoo!!!
I think it great that he won't budge in taxes. I hope the Republican don't budge in taxes either.
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The fiscal cliff will get out attention and hopefully voters will realize that the spending and the debt are serious issues.
Anybody remember the last time a republiCON lied about "if you raise taxes, there will be a recession" ??
The salamander himself !
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http://dailycaller.com/2012/12/09/newt-gingrich-lawrence-odonnell-spar-over-tax-hikes/
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Your quoting Gringrich is like quoting Reid or asking Roseanne Barr to sing the National Anthem.
No, reid and barr are much more reliable character and are not "born liars" !
 @sargerator ... thanks for the laugh....
Simply put republiCONs are the problem. Case in point, man-turtle hybrid asked for a floor vote on a bill HE proposed....you guessd it, he filabustered HIS OWN bill....fricken maroon !
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Senate Minority Leader Mitch McConnell (R-KY) wanted to prove on Thursday that Democrats donât have the votes to weaken Congressâ authority on the debt limit. Instead they called his bluff, and he ended up filibustering his own bill.
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http://tpmdc.talkingpointsmemo.com/2012/12/mcconnell-filibusters-his-own-bill-to-lift-debt-limit.php
 @sargerator You are right on. The nation needs to be fair, and the rich need to pay. If given the chance, I'm sure that our president can prevail. Look how our economy is rebounding already? Unemployment is down considerably at the moment. People need to give him(Mr. Obama) a chance to prove himself, which I don't think he has had a chance to do. All these  republiCONS just keep fighting him at every turn, and he can't get anything done. They need to go away once and for all.
@mylittleknownviews I found a video that explains the deep rooted fears that republiCONs hold against Obama !
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http://www.youtube.com/watch?v=jGQ-ISsDm8M
As long as obozo gets his 'richly' deserved 17 day vacation in Hawaii, he could give 2 $h!ts what happens to this country. Yep, 4 more years of the last 4 years. A country without a president.
""""""Obama says he 'won't compromise' on taxes""""""
 he is bound and determined to screw the rich people.
and make no mistake, its not really about money to the treasury..... it is about punishing the wealthy. Bronco Bamma calls it fainess, but the reality is is that it's punative.
in this vid B HO is asked why to raise the cap. gains tax when history is very clear that when you lower the tax revenues go up...... B HO's response is about fairness.... NOT THE MONEY.
http://www.youtube.com/watch?v=__L5DOxghD4
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 @wahooÂ
"constipated conservative"Â LOL, you're so smart!!!
"history is very clear that when you lower the tax revenues go up", really, REALLY ? cite your evidence...we'll wait !
 @kramrÂ
"While a capital gains tax cut can lead investors to rush to âcash inâ their capital gains when the lower rate first takes effect, it does not raise revenue over the long run."
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http://www.cbpp.org/cms/index.cfm?fa=view&id=1286
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The link goes to an article put together by economists and policy experts. Not quite as profound as a Youtube mash-up, but it's the best I could do.
Why is this clown STILL campaigning? If he and the rest of the liberal democrats think raising taxes will help the economy, why don't they just do it? What's the problem hero? You can just do it by executive order or some other loophole like you did with the illegals. We know the reason Obama, you refuse to take the fall for raising taxes. Why stop now? You have single handedly ruined our economy, and continue to make one mistake after another.
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 @wahoo "constipated conservative"
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I can't get enough of this!!!
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 @wahoo Â
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"constipated conservative"Â Classic!!!Â
"If he and the rest of the liberal democrats think raising taxes will help the economy, why don't they just do it? What's the problem hero?You can just do it by executive order"
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Ok, so you don't know about the constitution, I get it so heres a lesson !
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Article I, Section 8, Clause 1:
The Congress shall have Power to lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States.Â
Article I, Section 8, Clause 1:
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The president proposes, congress disposes !
Now that you've learned something what else can I help you with ??? @last boyscout "You have single handedly ruined our economy,"
Bush had NOTHING to do with the ruined economy.....do you honestly believe that? Â Bush created the mess, Obama has just kept it going!
 @B Smizzle .. a little behind aren't you...no way left to blame Bush...you demo's and the prez own it - and will bear the blame as we go over the "cliff".....thanks a lot demos...
 @B Smizzle I'll admit Bush blew way too many chances to put a stop to the millions of people that were allowed to buy houses that they never could afford, which was a major contributor to the beginning of the crash.
 @sargerator ... not really good at economics are you....
hmmmmm, so lowering taxes on the wealthy by as much as 50% AND starting 2 unfunded off budget wars at the same time had noth'n to do with our economic problems ?????
The republicans don't have the votes to get what they want so they BLOCK and demand that the majority please them or they will ruin the economy. Obama promised higher taxes on the rich in his campaign, he won the election, he is keeping his campaign promise. Thank you Obama for not allowing the GOP to hold the country hostage any longer.
@special effects And taxing the rich will bring in enough money to run the government for what, 7 or 8 days? THEN what? Tax 'em again? Confiscate their assets and property? Obama won't compromise.....Reid won't compromise, won't even bring bills to the senate floor for a vote, and the House won't compromise. Looks like the house of cards is destined to come tumbling down.
 @special effects Riiiiight... because this whole "won't compromise" thing will surely make the gop controlled house work with them. Both sides are d-bags and this whole holding to one party or the other thing is nothing more than political pieces of excrement acting against the needs of the state. Personally, both parties and all the elected officials who are unwilling to compromise are also guilty of treason to the country and people they were ELECTED to represent. But since so many people are blinded by the party system and the gamesmanship of "our side won", nothing will change. Congrats for doing your small part to bring down a good country.
 @Peregrine  @special effects ... maybe you need to realize the demo's are the obstructers here....of course you won't believe me but as I sit back and watch those of you that voted for Obama I will gloat as I see you pay the price for your foolishness....
Doesn't matter what they decide on the taxes....we are all going to pay higher taxes. The rhetoric is just that....rhetoric.
Well, "THEY" made the decision to blow all-the money and where to spend it "ALL", as I see it they, meaning all of the guilty politicians in or out of office now, should be solely responsible and made to "personally pay it back".
 @bwcs "They" did it with the blessing of the people. The people didn't want to raise taxes or cut spending to fight the debt or the deficit, and there was not one area of spending where anything close to a majority could agree to cut.
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"They" may be irresponsible, but the people they represent are apathetic.
Royalty doesn't have to compromise. And with the promotion and protection by the media........?
Our prez did not win by that large of a majority to be grand-standing this way...he is what is wrong with our government now....4 years without a budget, a plan, or the smarts to know how to fix it...,time to get down to business.  Congress is made up of 2 parties and a couple independs...as far as I am concerned, let it all go over the "cliff".. maybe then compromise will be put on the table as it should be..,no more blaming Bush, Obama now owns it all.... Government is supposed to serve the people, but it has evolved to a situation in which the people serve the government(s). They will not stop, they will not try to cut back!
In 2010 the people spoke and Pelosi lost her power, but Reid still remained; several budgets were passed by the house only died once they arrived at the Senate. With the media corruption and Romney not able to mobilize his message, we have another four more of inept leadership, maybe 2014 the people will speak and get our country on the right track.
It really doesn't matter which side of the aisle you are on, Congress and the prez is taken care of while they sit on their hands. Why not do the hard thing? They still get their annual salary and benefits because they made sure that they Got Ours. How about taking their hands out of the money that was put in for Social Security and Medicare long enough to let it build, or how about paying back the money they stole?
Yup, if Obama and the Dems get their way the cost of living will skyrocket. Can you say taxes on the Middle income through the cost of everything that you buy and higher unemployment?
Now, I am just going to sit back and watch you that voted for this prez pay the price for your ignorance....
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 I love how the "wealthy" is defined as one person who just happens to EARN $200K in any given year, or a couple who happen to EARN $250K in any one given year. Take this couple. A policeman with 20 years on the force and a public school teacher with 20 years on the job. They live in New York State, New Jersey, Connecticut, California, or any other very expensive and highly taxed state.
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Their combined income meets the dreaded threshold. But after these people pay their Federal tax, FICA, Medicaid / Medicare taxes, State and local taxes, and insurances, food, gas, oil, electric power, etc. they have nothing left in these high tax, expensive states.
  Yet, according to our fine president, this couple are "millionaires and billionaires." Meanwhile, Jay Rockefeller, who inherited $250 million for doing nothing other than being born the great-grandson of John D. Rockefeller, Sr., sits around collecting PASSIVE or UNEARNED income. His taxes do not get raised and we don't tax ASSETS, only income. Add to this, that we pay his salary and he has the best healthcare and pension in the world. We pay that too. So the cop and the teacher are "millionaires and billionaires" but Jay Rockefeller isn't.
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  There is something seriously wrong with this picture.
Ah, in your example , di you allow them to do their "normal" write offs on their income ??? D'OH !
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nice try though !
If our economy goes over the cliff it will be because of Obama's refusal to compromise! After all, he is driving the buss!
 @Freedom1267 Good point. He's offering to extend the Bush tax cuts for 98% of taxpayers and to make various spending cuts. But, this isn't everything that the Republicans are demanding! When will Obama learn how to compromise the right way?
@Max Quinn @Freedom1267  Why not either extend the Bush/Bamma tax cuts for EVERYONE or let them expire for everyone..... as you guys like to point out, EVERYONE was doing fine during the clinton years paying the clinton tax rates......
@sargerator  if that is the case then sarg I expect NEVER to see a Utube link in one of your posts again.........
citing a youtube video for evidence on taxation ?? D'OH
@Max Quinn @kramr Raising capital gains tax will force the "rich" to move their money elsewhere.....
 @kramr Try to gasp this: Charley Gibson is an idiot and doesn't know what he's talking about. Cutting the capital gains rate reduces revenue over the long run.
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"While a capital gains tax cut can lead investors to rush to âcash inâ their capital gains when the lower rate first takes effect, it does not raise revenue over the long run."
http://www.cbpp.org/cms/index.cfm?fa=view&id=1286
@Max Quinn  You do realize revenue to the feds goes UP when the cap. gains rate goes down...... so with your desire to stick it to the rich means less money will go to the feds.
straight from the mouth of a lefty,
http://www.youtube.com/watch?v=__L5DOxghD4
 @kramr Fine with me. The Bush tax cuts were a terrible idea from the start - especially the one that taxes dividends at 15%. I was just trying to find a compromise that we could all accept...
Ahh yes...and the fiscal cliff approaches, but after it the sun will still come up, my 401 K will go down, and it just came back to pre-recession levels a few months ago...if this keeps up I'm gonna to pick up smoking so I won't live so long because obviously these guys are bent on keeping our futures broke.
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I'm not talking Obama only, it's all of them.
@deejm2112 A drop in the market means your new 401K dollars buy more. As long as you aren't looking to retire anytime soon, it will be like a post Christmas sale on stock. Silver lining and all that.
 @JTesla  @deejm2112 That only works if my 401 doesn't drop as well....I'm gonna need to rebalance before the 1st and maybe move to safer more conservative funds.
@deejm2112 I've read, I'm no financial planner so don't take my word on this, that moving to a money market fund or cash and buying in when the market drops is a strategy used by some. Granted, most analysists say to just stay the course, because it is nearly impossible to time the market, but if you are rebalancing anyway it might be worth researching.
Newsmax...
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"That may sound like the ongoing fiscal battle in Washington, but actually describes the situation in Britain.
The difference is that Britain has already raised taxes on the wealthy, with a telling result: The government actually lost revenue.
In the 2009-2010 tax year in Britain, more than 16,000 people reported annual income of more than 1 million pounds (equal to about $1.6 million today). Then in 2010, Prime Minister Gordon Brown, a member of the Labour Party, introduced a new 50 percent top income tax rate for high-income earners. After that, the number of people reporting income of at least 1 million pounds fell to 6,000.
"It is believed that rich Britons moved abroad or took steps to avoid paying the new levy by reducing their taxable incomes," The Telegraph reported.
Harriet Baldwin, a Conservative member of Parliament, said: "Labour's ideological tax hike led to a tax cull of millionaires."
Instead of raising revenue, the tax hike cost the U.K. 7 billion pounds ($11.2 billion) in lost revenue â and that in an economy one-quarter the size of America's.
Now the government of Conservative Party Prime Minister David Cameron has announced that it will lower the top rate from 50 percent to 45 percent, a move the Labour Party officials have called a "tax cut for millionaires."
Read Latest Breaking News from Newsmax.com http://www.newsmax.com/InsiderReport/Tax-Hike-on-Wealthy/2012/12/09/id/466998#ixzz2EhCP3nmh Important: Do You Still Support Obamacare? Vote Here Now! "
Wonder how those poor rich people even made it thru the clinton years of 39.6 % tax rate let alone pre ronny years of as much as 95%....don't know how they made it !
 @sargerator There you go....posting comments to others with little or no content.