Billionaires who support higher Obama taxes for everyone but themselves.

“This means millionaires and billionaires will pay their fair share to reduce the deficit through a combination of permanent tax rate increases and reduced tax benefits.”
Obama

A few Obama's Tax Evaders of the Year

-- Google. The left-wing Internet giant provided Silicon Valley's biggest campaign finance boost to Obama, with individual employee donations supporting the tax-hiking candidate by a ratio of more than 31-to-1. Google rank-and-file workers pitched in some $800,000 to Obama. Google's CEO Eric Schmidt, Google cofounder Sergey Brin, Chief Legal Officer and Senior Vice President David Drummond, and Google Vice President and Chief Internet Evangelist Vint Cerf are all vocal Obama supporters and top donors.

The Washington Post.

Facebook

George Lucas

townhall.com...

Fiscal Cliff Deal: Hollywood Gets Tax Incentive Extension

Section 317 of the freshly approved legislation includes an extension for "special expensing rules for certain film and television productions." Congress first enacted production tax incentives favorable to the domestic entertainment industry in 2004, and extended them in 2008, but the deal was meant to expire in 2011.

The fiscal cliff deal extends the tax incentives through 2013--even as payroll taxes rise on ordinary Americans.

I am sure there are plenty more.

reply to post by Stormdancer777


This is a joke.
Obama will levy more taxes on the middle class.
It is a cover up.

In 2008,
We're all going to need to tighten our belts a little bit.
Obama

Don't say you were not warned.

White House Staffers Got a Raise Last Year, And You Did Not

OH wait those were not raises, they were promotion
gawker.com...
never mind

ha



Why is it all these rich elites want us peons to make sacrifices?

Crazy

Look at this:
6 Things You Won't Believe That Are In The Fiscal Cliff Bill That The Senate Passed At 2 AM While Most Americans Were Drunk

Read more: www.businessinsider.com...

reply to post by ModernAcademia


Thank you for posting MA, I hope others post what they find.

Bosses: Don't blame us for smaller checks
Payroll taxes rises to 6.2%

www.clickorlando.com...

Senate-Passed Deal Means Higher Tax on 77% of Households

More than 80 percent of households with incomes between $50,000 and $200,000 would pay higher taxes. Among the households facing higher taxes, the average increase would be $1,635, the policy center said. A 2 percent payroll tax cut, enacted during the economic slowdown, is being allowed to expire as of yesterday.

www.bloomberg.com...

Dude, 2% of your population pays 50% of your entire nations taxes.

Originally posted by CALGARIAN
Dude, 2% of your population pays 50% of your entire nations taxes.

There's no logic in that statement no matter how true that is.

What percentage to they pay is the question.
The 2/98% only depics a gap between rich and middle class.
It doesn't say anything about how much % each pay.
Give me that stat!

If someone works hard in school and gets a bunch of certifications and works his arse off why shouldn't he reap more rewards and get taxed the same as others?

Life rewards hard work!

reply to post by ModernAcademia


In addition to that condemning hard work would only discourage innovation.

Originally posted by ModernAcademia
If someone works hard in school and gets a bunch of certifications and works his arse off why shouldn't he reap more rewards and get taxed the same as others?

Life rewards hard work!

So, does a billionaire work billions of times harder than the rest of us?

reply to post by Junkheap


JUnk heap, this is about the Obama administration and the tax breaks he gives his cronies, while, the rest of us are struggling.

EVERYONE,
Obama supporters shocked, angry at new tax increases

www.washingtontimes.com...

UMhm, 77% will see increases, we saw the increases this week, and according to my husbands employer there are more to come.

Eighty dollars a month is a lot for us.

Anyone can lower their tax liability by using the same type of tax shelters the wealthy do.

You can lower your own taxes if you just educate yourselves and make the effort.

www.essortment.com...

www.backtaxeshelp.com...

I am sure that their position on the matter was different BEFORE they made their multi millions....billions. Even if their taxes went up they are already uber rich....funny how that works.

Originally posted by Junkheap
So, does a billionaire work billions of times harder than the rest of us?

They work a billion times smarter.......

reply to post by CosmicCitizen

I am for a relatively flat tax....tax exempt income up to a middle class standard then a sharply progressive scale up to say 15% then relatively flat trajectory up to maybe 20% for super high incomes. If a citizen makes a $100,000,000 he still will pay more than 1000 X what an individual who makes $100,000 will and probably does not use much more in government services.

Originally posted by ModernAcademia

Originally posted by CALGARIAN
Dude, 2% of your population pays 50% of your entire nations taxes.

There's no logic in that statement no matter how true that is.

What percentage to they pay is the question.
The 2/98% only depics a gap between rich and middle class.
It doesn't say anything about how much % each pay.
Give me that stat!

If someone works hard in school and gets a bunch of certifications and works his arse off why shouldn't he reap more rewards and get taxed the same as others?

Life rewards hard work!

About 80% of America pays 0 to less than 10% in federal taxes, so even if the rich only pay let's say 13% that is still more of a percentage than the vast majority of Americans. When we look at someone like Romney who was given crap for paying only 16% no one figured in the 30% to charity that he paid that lowered his taxes to 16%. All in all he pays over 40% to charities and taxes....can't say that is wrong.

Originally posted by CosmicCitizen
reply to post by CosmicCitizen

 

I am for a relatively flat tax....tax exempt income up to a middle class standard then a sharply progressive scale up to say 15% then relatively flat trajectory up to maybe 20% for super high incomes. If a citizen makes a $100,000,000 he still will pay more than 1000 X what an individual who makes $100,000 will and probably does not use much more in government services.

You might be surprised to learn that your flat tax percentages could be a lot lower and be very effective. Like 5% to12% being the highest....