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

They still do pay taxes....payroll taxes.

Not no but hell no. They already pay a disproportion of their incomes to the government , while others do nothing to help themselves.

AMEN..!!

I made $12,000 last year. I paid NO Federal (INCOME) Tax. NONE, Ziltz, Nada.
If we tax the crap out of the rich, I will have NO chance in hell to get a job.

I edited this for those that can't see I forgot to put the word 'income' in my response.

I paid absolutely NO FEDERAL INCOME TAX. NOTHING. ZERO. Get that?
I paid absolutely NO FEDERAL INCOME TAX. I worked my entire life for the wealthy. I want the wealthy to do well. The better they do, the more jobs they create. I want a job.

how come we cant see farkromney replies??

I worked for a wealthy man who I would not invite to my home. He was greedy and I disliked him, but he gave me a job for 18 years making over $20 bucks an hour. He was put out of business by the UAW that I belonged to. I am now broke and can't find a job because there are NO JOBS in Michigan for people of my age.

If my company had tax breaks I would still be making close to $60K a year and not unemployed. You are indeed a brain washed fool.

Dude....I 'm pretty sure he means federal..cause Obama has no contorl over state taxes....and the question is about federal tax....

This guy is a fool. I didn't pay a penny in Federal Income Taxes. Not one cent. Had no job, thus had none taken out of a pay check. I watched dogs to earn some money. Made $9,000 and had to pay Self Employment taxes. I actually paid more taxes in that way than Obama's friends company GE that earned BILLIONS.

Your right....cause it worn't matter to the real rich.....it's the middle class that will suffer...

Do you want me to post what i have in the US or abroad....???....this is such an iditocity response ......the rich could care less about politics....they don't own lobbyist..or politicians except to protect the US assets they have...that's all.......all I care about is how my business is running world wide.....when I make money it goes into an account...NOT in USA....abroad then I allocate a portion of it to my US bank.......so your idea makes no sense.....it's the middle class that can't afford to dispurse thier money and THEY will get taxxed.....I don't care if the Gas price goes up...I don't care if the tax goes up...not for me....BUT I do care about my friends who are middle class.....I don't like it when they are trapped in to paying for somthing that others don't have to......SO..understand your silly response really would be meanngless to me......it's the others that will be effected..

They pay their share and yours too, as your post implies.

Why Should People that
Make l

?

Only if we want to increase unemployment and fundamentally transform America into a socialist European state

Spoken like a true communist.

Now you block me like the coward you are.

and why does this person derserve a kick in the teeth..??....what was said by you and your method is communist thinking.....if you don't want to be called one...don't post things that have demonstrate communist talk...

the Turth...simple....if you raise the tax on me...I just take less money into the US....and keep the other abroad....You guys don't get this..it's not about the RICH....it's about the middleclass that can't afford the luxury of moving money world wide and investing in Gold and Silver....please...the middle class is who will suffer...

Bunch of hyperbolic BS....what the hell have these so called job creators done for the past 10 years with these massive taxcuts....not an Efffing thing is the answer. Corporate coffers are at a record high.....We need some corporate patriotism right now!

Changing the top tax rate from 36 to 39% is unlikely to have any real affect. Particularly since we are only talking about money earned over 250,000. Assuming you can't find any new tax shelters and based on your previous posts that means you at $500,000 net income a year would pay an extra $7,500 a year or 1.5% more of your income in taxes. My guess is you can cut that substantially. Remember we are talking about net income not gross profit. In fact based on your previous post I'd bet you already have plans.

Frankly, only a tiny, tiny percentage of the population would be able to measure the actual increase and those that do undoubtly spend a lot more on accountants then they would on the new tax.

This is a symbolic tax increase and nothing more.

Yes it will cause you don't think that congress will settle for just a raise to one tax bracket...it won't work like that....the middle class will be effected by this....not the rich..

At this point Obama and the Republicans want to keep the lower brackets where they are so I do think the only bracket that will be raised is the top one.

Note that if we wanted to raise all brackets that happens automatically at the end of the year.

Let's see...this is comig from the same man that said....I don't want to raise taxes right..??...oh and his followers believed that....so yea...why not believe him now right..???...come on...use your head...it's not Obama leading this country it's not even the Republicans...it's the Fed Reserve....when you want to buy a business up...you promote the same product that they are but you overkill it and you give it away...you LOOSE money BUT in the end...you WIN...cause that company's worth is down now where you can buy it and now bring the price back up of the product...Business 101 teaches that....so my question to you is.....what is the value of rasing the tax on the rich when the rich don't have thier money here..??..none....but when the contury is in bankrupt...WHO can buy it back...the FED Reserve....HIstory repeating history....tha is why we need someone in the office that is not going to be a "puppet" to the fed Reserve...

Hell no.
More Empty Suit class warfare 4.0.

Yes.

Usually people making more have more toys(boats, cars, atvs, ect) and more homes buy more and pay taxes on everything they have anyway. Making people that earn over this or that pay even more will just mean they will be buying less...

Worng....and that has never been true....they have the money to buy whatever they like regardless of tax rates.....Do you think they sit there with 5 million dollars and stew over whether to get the yacht based on income tax rates...then you are sadly mistaken. Let's face facts....the income tax rates are not what needs the most attention....It's the capital gains tax rate.

I was speaking to the 250k -300k earners. Which I know a few. Two have small businesses that are going suprisingly well right now(when almost everyone is out of work or underemployed). They do spend a lot and pay a LOT of taxes and will be paying more soon enough with obamacare coming. What is the point of succeeding if you are just going to be punished with higher taxes? If they do push this through I see a great many people taking their businesses and money and moving to other countries....then where will we be?
We have seen it in CA. They began the bright idea of taxing businesses higher and higher then wonder why all of them have left, taking the jobs with them....and the taxes they would have normally paid in...AND the state never stopped or cut spending heel they keep adding on MORE spending even though the state is well OVER drawn. If it were a private person's bank account it would be $-10,000,000,000,000 and going out.

If this goes through that will just push the $$$$people out....and they will take their money, companies, jobs with them. So they can spend their funds else where.

So they don't have healthcare and they are going to pay the penalty?

I know I do not and can not pay...so I am sure we will be taxed ...umm penalized for it.

When they set up the exchanges in your state, you'll have a ton of choices to choose from.

Haa BUT I HAVE TO BUY IT.
The government TELLING ME I have to buy something OR ELSE....sound like something with an "isum" at the end ....does it not?