HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Obama Sets Steep Tax Targ...
Introducing Discussionist: A new forum by the creators of DU

Tue Nov 13, 2012, 11:17 PM

Obama Sets Steep Tax Target [View all]

Source: Wall Street Journal

President to Seek $1.6 Trillion More in Revenue, Double Level From 2011 Talks

BY JANET HOOK AND CAROL E. LEE
President Barack Obama will begin budget negotiations with congressional leaders Friday by calling for $1.6 trillion in additional tax revenue over the next decade, far more than Republicans are likely to accept and double the $800 billion discussed in talks with GOP leaders during the summer of 2011.

Mr. Obama, in a meeting Tuesday with union leaders and other liberal activists, also pledged to hang tough in seeking tax increases on wealthy Americans. In one sign of conciliation, he made no specific commitment to leave unscathed domestic programs such as Medicare, leaving the door open to spending cuts many fellow ...


Read more: http://online.wsj.com/article/SB10001424127887323551004578117152861144968.html?mod=djemalertNEWS



Yep, retrogrades of all stripes its going to cost you double to keep everything happy and keep the stock market going in the right direction. You could have settled for less but your greed is now going to cost you.

You remember that war in Iraq that you loved so much, and the bombs dropping in Baghdad that thrilled you so mucy?

Its time to pay for them.

33 replies, 6399 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 33 replies Author Time Post
Reply Obama Sets Steep Tax Target [View all]
grantcart Nov 2012 OP
Gregorian Nov 2012 #1
Spitfire of ATJ Nov 2012 #10
sofa king Nov 2012 #32
ancianita Nov 2012 #2
ProudProgressiveNow Nov 2012 #3
grantcart Nov 2012 #4
mimi85 Nov 2012 #6
SunSeeker Nov 2012 #5
Jasonrc42 Nov 2012 #7
yorgatron Nov 2012 #8
OnlinePoker Nov 2012 #11
Jasonrc42 Nov 2012 #25
Fearless Nov 2012 #9
Mr.Turnip Nov 2012 #14
awoke_in_2003 Nov 2012 #20
Fearless Nov 2012 #27
KILL THE WISE ONE Nov 2012 #12
Journeyman Nov 2012 #13
Marmitist Nov 2012 #15
Journeyman Nov 2012 #19
nolabels Nov 2012 #31
JoeyT Nov 2012 #16
bamacrat Nov 2012 #17
WRH2 Nov 2012 #18
Sophiegirl Nov 2012 #21
high density Nov 2012 #22
democrattotheend Nov 2012 #24
democrattotheend Nov 2012 #23
daleo Nov 2012 #26
Sundome Nov 2012 #28
cstanleytech Nov 2012 #29
rickyhall Nov 2012 #30
Jasonrc42 Nov 2012 #33