Obama Pushing for Tax Hike on Top Earners: If You Make $250K+ a Year, Should You Have to Pay More?

by Chris D Posted 2012/07/09 16:00:00

Related Topics: Obama, Democrat, Family, Democrats, President Obama, Tax, Tax Hike, Top Earners, Tax Policy

943 votes
Read all 1,546 opinions
Lightning Report View Results and Demographics + View Demographics

Loading Demographics... Click an icon to see demographic results Display unknown and private
	Yes	346 votes	37%
	No	485 votes	51%
	It depends	112 votes	12%

Politicians love to raise taxes -- and it's not just the Democrats! Do you think that those who are successful and achieve greater income should have to pay a disproportionally greater share of the tax burden?

FOXNEWS.COM reports:
President Obama, amid charges of waging class warfare, is expected to push Monday for a tax hike on families earning more than $250,000 -- and an extension of the Bush-era tax rates for families making less than that.

tax hike families earning 250000 extension bush-era tax rates families

+31

Add a comment above

Rusty Shackleford 2012/07/09 16:13:16

No

+18
All Americans should be treated equally under the law and pay the same tax rate.
>> See Replies

More polls by Chris D

Mike to DavidK 2012/07/11 20:23:51

+2
I'll educate you a little more about the high earners.....they Govt is not going to get more of my money....the reason why is I control how much money comes in to USA ....most high earners are like me and have money all over the world.....the people that is going to hurt...is middle class...say he ups mine to 9 to10%....he will be fair and tax the middle class only 3 to 4%...and they will think they won....but Obama knows....the rich will not pay more...but the middle class will and there is more of them......

reply
Marvelo... to Mike 2012/07/11 23:00:38

+1
There you go using LOGIC and REASON again!
(Thank You!)

reply
Mike to Marvelo... 2012/07/11 23:03:45

+1
YEap....the question is....would you rather have 10 Five Dollar bills....or 100 One Dollar bills...??...that's what this Tax hike is about..

reply
DavidK to Mike 2012/07/12 05:09:19 (edited)

We still pay more, I do. Will he get more, of course not. Might he force me to move overseas? Only if my company penalized/taxed out of the competitive market. I too am limited to the amount I can bring into the US personally, but my company cannot. I can't hide my business costs.

reply
Mike to DavidK 2012/07/12 05:39:13

+1
Your right...but if you open businesses in other parts of the world and deliver same products and services.....now you can have an off shore account ...place your business headquarters in one of those other areas......now you just bring into the USA what you need to be taxed on.....I bring in $anywhere from $200,000 to $300,000.....so yeap..I'm in that high cost bracket.....but it's ok..I have two daughters that are enjoying the luxury of being an USA citizen...so I should pay my taxes here....on what it cost for me to keep them in school...and funded.......good luck

reply
DavidK to Mike 2012/07/13 04:43:30

I did 2 1/2 years ago. ;)

reply
Mike to DavidK 2012/07/13 15:20:46

And your still being taxed on businesses across the globe...??...do you have a corporation or LLC...???....If you have a Corporation just put the main office somewhere you like to go.......Antigua...Panama....... (will be expensive there ) .....but keep it there and the USA can't touch you....because you have a GLOBAL business not USA....also you have to have clients outside of USA.....good luck David...

reply
DavidK to Mike 2012/07/13 17:00:42 (edited)
Mike to DavidK 2012/07/13 18:01:23

+1
Good for you....!!!...RAVE..!

reply
Ed 2012/07/11 15:10:02

No

+2
Obama Care Taxes will affect all income brackets not just those above the $250,000. Why do you think Liberals did not want this in effect till after the 2012 elections?

reply
JimShou to Ed 2012/07/11 20:59:14

+1
Right...What about a single person..... he always refer to "the family" he lying to his base

reply
Ed to JimShou 2012/07/12 13:55:35

+1
Barack? he lies all the time to anyone, lol. He is a liar, he can't help himself.

reply
Jkirk3279 to Ed 2012/07/12 02:26:04

Obama has stated OVER and OVER that he wants to continue the tax cuts for people making less than $250,000.

Of course, those that already hate him continue to lie about his intentions.

reply
Marvelo... to Jkirk3279 2012/07/12 05:51:58

Obama also said unemployment wouldn't raise above 8%, he's close Gitmo, and his would be the most transparent administration in U.S. history.
OH! And did you see the debate on the ObamaKare bill televised on CNN, 3 *DAYS* before the vote? Did Obama ever read the ObamaKare bill?

reply
Ed to Jkirk3279 2012/07/12 14:01:34

That is because those tax cuts are Bush's fault but for some odd reason Barack has extended them, hmm.

You think it's a lie that Obama Care will raise taxes on everyone, then the OMB is lying.

You don't think that raising corporate taxes will somehow and somewhere along the line be passed down as costs to the consumer, including those who make under $250k/yr?

reply
RandyScott 2012/07/11 14:41:12

No

+1
When are politicians going to quit playing class warfare games. The rich already pay the majority of tax's, and with the graduated tax rates, combined with tax credits, the poor are paying virtually nothing, or are taking from the system.

reply
RJeffreySavlov 2012/07/11 14:36:12

It depends

+2
It depends on how you look at it. The top earners are paying much more Dollars than the rest even at current rates so they are paying more taxes than the lowest 50% who are contributing NOTHING. Maybe the lowest 50% should pay something especially the career welfare recipients. It's time that everyone contribute to their own well being.

reply
iamnothere 2012/07/11 14:18:39

No

+1
people here wonder why I call him OSCUMBO.. stealing the hard work of those who earn money.. that is the bottom line..

Take money from the top earners.. and POOF UP goes the number of people out of work..

It is simple math.. And even he understands ...

Reality .. we have a SPENDING problem.. we are on tract to spend 1.3 trillion more than we are collecting

reply
ruralntex 2012/07/11 14:11:54

It depends

+3
If the government can balance a budget, and freeze expenses and taxes for 20 year, then maybe they can earn the responsibility of additional revenue. However, seeing some fiscal responsibility in Washington is absolute must. A budget, balanced or not would be a start.

reply
Mike to ruralntex 2012/07/11 20:25:34

+1
I like this....20 years...I like that a lot..!

reply
AM 2012/07/11 13:50:21

No

+4
Absolutely NOT. Can someone please tell me how it's fair that if someone chose to diligently work to have the best grades which garnered acceptance into the best colleges continued to strive for excellence which provided the ability to get a good job and climb the the corporate ladder at an advanced pace and earn a salary in accordance with that It not just given to anyone it takes work and sacrifice to earn in excess of that amount .To then be on the hook to the government to provide more to the ner do wells in life.

reply
HOMBRE to AM 2012/07/11 13:56:44

+2
What about people owning stocks that pay a dividend. The dividend is going to be taxed over 50%.So if you are depending for a dividend check to maintain your life style one stage up from eating dog food will hope you enjoy Alpo

reply
AM to HOMBRE 2012/07/11 14:08:02

+6
Ridiculous when all of my investments have shrunk dramatically under this administration.From stocks and bonds ,mutual funds,401K just everything including even the value of my home all are devalued.I've always done all the right things to protect my future and I see it dwindling away.He's got to go.

reply
HOMBRE to AM 2012/07/11 14:10:27

+3
These libtard stuck on stupid.Cant believe what sheep they are.You tell them about this and they dont care.Mostly college kids.They dont have it now so they want it taken away from people that did the right thing and earned it.

reply
Tony to HOMBRE 2012/07/11 19:55:01

+6
It's envy.

reply
Mike to AM 2012/07/11 20:27:39

+2
DING DING DING DING..!!!!...again....RAVE.!

reply
Bilingu... to AM 2012/07/12 17:06:43

That was Bushie's fault[...] Obama was pushing for banking regulation as a Senator, when Bush was tearing them down, which led to the disaster that ruined everyone's 401K. Lay the blame where it belongs.

reply
kerijay to Bilingu... 2012/07/16 12:13:53

Yes, put the blame where it belongs OBAMA. BARNEY FRANK, DODD, RAINES and the rest of the democrats. FREDDIE and FANNIE. Wake up and tell the truth.

reply
Mike to AM 2012/07/11 20:26:24

+2
DING DING DING DING..!!!!......I love this ..!!!...RAVE..!!!

reply
AM to Mike 2012/07/11 20:34:38

+3
Me Too...Do it again !!!... lol

reply
Mike to AM 2012/07/11 22:01:19

+3
DONE..!!...haha...kind of the you scratch my back I'll scratch yours...haha

reply
Marvelo... to AM 2012/07/11 23:03:28

+1
BRAVO! BRAVO! BRAVO!
Well stated!

reply
Dave**Gay for Girls** 2012/07/11 13:44:51

No

+4

reply
Bilingual required sucks 2012/07/11 12:17:08 (edited)

Yes

+1
It is just the Bush tax cuts expiring and going back to the same levels under Bill Clinton. That is not a tax hike. They were meant to expire.

reply
RandyScott to Bilingu... 2012/07/11 14:47:38

+5
Those same tax cut you want to expire also reduced the tax's on the poor. So do you want them all to expire?, or just on those evil rich people?
Let's keep punishing people who have worked hard to get ahead, by giving what they have earned to the poor. Doesn't make a lot of sense to me.

reply
Bilingu... to RandyScott 2012/07/11 15:52:42 (edited)
Emily1126 to Bilingu... 2012/07/11 18:14:37

+1
:)

reply
Mike to Bilingu... 2012/07/11 20:34:06

+2
haha......oh boy....sometimes you just can't educate people in logic....just sayin

reply
RandyScott to Bilingu... 2012/07/12 12:00:00

+1
Typical response from someone who want a handout.

reply
Bilingu... to RandyScott 2012/07/12 13:23:01 (edited)

Yeah, well I do cancer research, so I don't need any handouts Gramps.
Did you even know that the tax "hike" will only affect people that make above $250,000? Everyone will keep the same tax break rich or poor UP TO $250,000. Anything earned over $250,000 the taxes will return to the Clinton era tax rates. So if a person makes $350,000 a year only $100,000 will be subject to the higher tax rates. Get it now?

reply