Black Positive People : Millionaires to Obama: Tax us

Discussion in 'Black People Doing Positive Things' started by Clyde Coger, Nov 19, 2010.

  1. Black-king Well-Known Member

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    I think the President is playing good cop bad cop with the GOP. He could have just let the Tax expired and call the Republicans bluff about shutting the whole country down. That nuclear proliferation treaty with Russia and that benefits of the 9/11 rescuers were used in exchange for the tax cuts. The Problem is you can't come out and blatantly call him on his bad policies because he used the Republicans so effectively to cover himself. I think the President and the Republicans are on the same team.
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    Clyde Coger Clyde C. Coger, Jr.

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    In the Spirit of Sankofa,

    .......If these choices you've set out are in response to my question of you, they are terribly skewed when considering what was at stake, then. Here is the basis upon which the President made his decision to bargain with the GOP for sake of the nation and the underprivileged. I don't mind having dialogue, but facts are not yours to pick and choose in the process.

    In exchange for the extension of the tax cuts for individuals earning more than $200,000 per year and families making over $250,000 per year, Republican leaders agreed to extend unemployment insurance for another 13 months -- reaching an estimated 2 million Americanswhose insurance expired on Nov. 30.

    The president was also able to secure temporary extension of stimulus-related tax cuts including the Earned Income Tax Credit, the Child Tax Credit, and the American Opportunity Tax Credit, which provides tax relief for students. According to senior White House officials, both sides agreed to extend the Alternative Minimum Tax for two years.

    In exchange for the extension of the tax cuts for individuals earning more than $200,000 per year and families making over $250,000 per year, Republican leaders agreed to extend unemployment insurance for another 13 months -- reaching an estimated 2 million Americanswhose insurance expired on Nov. 30.

    The president was also able to secure temporary extension of stimulus-related tax cuts including the Earned Income Tax Credit, the Child Tax Credit, and the American Opportunity Tax Credit, which provides tax relief for students. According to senior White House officials, both sides agreed to extend the Alternative Minimum Tax for two years.

    Obama was frank in his assessment of the compromise, saying he "completely disagreed" with the largely Republican-held view that the Bush tax cuts should be extended for upper-income earners. But he sounded a pragmatic note in his assessment that the GOP would block an extension for middle- and working-class families unless they secured an extension for the wealthy. "Without a willingness to give on both sides," said Obama, "there's no reason to believe this stalemate won't continue into next year. I'm not willing to let that happen."

    Obama Cuts Deal to Extend All Bush Tax Cuts, Renew Jobless Benefits
    http://www.politicsdaily.com/2010/1...-extend-all-bush-tax-cuts-renew-unemployment/

    Again, I don't mind having dialogue on the facts, but to spout opinions in view of facts doesn't interest me. If you continue in this vain, I'll have no choice but to disengage.

    Peace In,
  2. Black-king Well-Known Member

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    He wasn't frank because the way I see it, it will do the same thing again next year. The debate was that the economy was bad that he couldn't raise taxes on anyone. Guess what the economy won't be a=in any better shape than it is now, what will he do? Do you think the republicans will allow him to raise taxes next year. This all Politics, What will the Republicans hold up next time in exchange for these taxes?
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    Clyde Coger Clyde C. Coger, Jr.

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    In the Spirit of Sankofa,

    .....He wasn't frank enough...smh, what do you possibly mean by that statement?

    Peace In,
  3. Black-king Well-Known Member

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    I mean he knows he won't be able to abolish the Bush tax codes next year, the Republicans won't allow him to, so what do you think he is going to do?