Cenk & The Nation's Katrina Vanden Heuvel: Obama's 2011 Budget

[CherylK]

Run time: 04:44 https://www.youtube.com/watch?v=rc3dqW-EIyY   Posted on YouTube: February 15, 2011 By YouTube Member: williambrighenticpa Views on YouTube: 41   Posted on DU: February 16, 2011 By DU Member: CherylK Views on DU: 1051

 
http://www.thenation.com/video/158604/will-obamas-budget-only-benefit-rich

[democracy1st]

1. K & R good interview

[humbled_opinion]

2. Yeah but...

Its liberal talking points, Obama has not communicated principles and vision that fall on the side of the working class... What got the teabaggers motivated was talk on the Right about the Lefts bailing out Banks, as well as GM and Chrystler Unions with tax payer money, bail outs and handouts become the curse of the left. Another talking point from the right that gets traction in the baggers circles is that big government conundrum, you know the old Reagan dig.... "Government is the problem"..... When I talk to the baggers that I know about Big corporations screwing the middle class, I always get hit with yeah Corporations screw with us because we are the consumers of their products, but we keep right on buying them all the time understanding that we still have the power because we are the consumers and can ultimately control them or force them out of business, then they hit back by stating that Government is where we have very little control because they are the power that taxes these corporations and businesses and regulates them so that all those cost increases are eventually passed back down to the Middle class consumers, the rich only get richer because they don't pay their fair share and the government will not confiscate it outright because that is Communist. The poor are not affected as much because they really can't afford some of the products but the middle class takes the biggest hit on government tax increases and governemnt regulation on industry and all the while the expansion of government also causes this cycle of more taxes and bigger government.

There is no easy answer to any of this because they are right... They would rather get screwed by a conglomerate once then to take it once from the corp and then again from the government....

Anyway thats the way I understand the debate.

[SharksBreath]

3. They would be wrong. Because corporations or the rich don't pay

their fair share of taxes.

Their taxes actually went down. When their taxes go down the middle class and the poor taxes go up.

We are at war. It's costing a trillion dollars a year.

The tax rate is the lowest since 1951. They have no reason to complain about taxes. They supported our country going to war and now they don't want to pay for it.

Their argument is flawed because facts don't back them up. They would have a legitimate beef if they didn't support the rich and corporations getting tax cuts while we are fighting the wars they wanted.

When you supported Bush going to war how can you complain about government spending.

How did you fall for that argument

The tax cut that Obama just signed actually raised taxes on the poor and middle class while corporations and the rich pay even less.

The teabaggers supported that. While they also supported the wars. So the middle class and the poor has to pay to keep our government afloat and the wars.

Here. Take a look.

"The tax compromise passed in December has been hailed everywhere as a payroll tax cut combined with an extension of the Bush tax cuts, despite the fact that it raised taxes on a third of Americans. The killing of Obama's Making Work Pay tax credit, which the White House called the biggest middle-income tax cut ever, and the replacement of it with the Republicans' payroll tax cut raised taxes on single workers whose wages come to $20,000 or less and married couples with less than $40,000 in wages.

That's 51 million taxpayers, the Tax Policy Center estimated. (See Table T10-277.)

Among the poorest fifth of tax units, whose annual cash income is less than $17,878, two-thirds got hit with a tax increase. On average, their taxes went up $134, which is 1.3 percent of this group's total cash income.

Consider a single worker who makes $6,000. That was the average wage of the bottom third of workers in 2009, the Medicare tax database shows. Killing the Making Work Pay credit in favor of the payroll tax cut amounted to a tax increase of $252, or 4 percent of total income.

Looked at another way, some workers will labor for 23 days this year and next just to pay increased taxes.

The pattern of the Republican-Obama tax plan is a clear stepladder in which the more you make, the more you benefit, and the less you make, the more you pay. This is a form of socialism: upward redistribution to enrich those at the top."

http://tax.com/taxcom/taxblog.nsf/Permalink/UBEN-8E3J74?OpenDocument

Like I always say. If Republicans had facts they wouldn't be Republicans.

[Lorien]

5. Well said. nt

[humbled_opinion]

7. We are talking past each other...

Of course Obama did not raise the taxes on the rich, he extended the Bush tax cuts...

The debate, the teabagger activation, was all prior to this action.. (or inaction).....

My point was this debate about raising taxes on the rich is what got the tea party motivated, the cons do a great job with public opinion, by blaming government over reach and power grabs on politicians who want to keep the poor and lower middle class on the plantation, so they can lock up those votes, as well as blaiming taxation and over regulation, unaffordable entitlements for the lazy that are breaking the back of the middle class all on this liberal big government socialist Marxist ideologically driven Progressive movement.

1. Do you seriously believe that increased taxation and regulation on corporations are not passed on to consumers?

- But yet you allow it to happen? The Healthcare debate was turned into a debate about one massive government entitlement, like Medicare and Social Security.... these programs are insolvent and need a massive overhaul the debt is destroying this country or hadn't you noticed?

2. It shouldn't be too hard to comprehend that Middle Class Americans are tired of bearing the burden squeezed in a vice between government taxation and corporate greed.

This is Capitalist America, Altruism is frowned upon and considered weakness.

If we don't find a President that is capable of explaining to the American people just how liberal policies can fix the dillema we are in then we are screwed and believe me the Repubs are frantically searching for their next Reagan.... God help us all if they find him.

[SharksBreath]

4. Obama knows what he's doing. It's time for him to go.

I would rather have a Republican in the WH raping me because I expect it.

I won't vote for this pussy who I thought would be in the Fox Hole with me shooting me in my back.

[phantom power]

6. "A budge is a moral document" -- I like that

:thumbsup:

[Kurovski]

8. Also: "Leadership cannot be defined by compromise."

Spoken by Katrina VH.