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Obama states.."the rich not paying more in taxes is one of the driving forces in our deficit". Agree or just more complete BS from Obama?

Mr. T 2012/07/09 16:17:02
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Can you imagine that? If the rich gave everything they had, it wouldn't make a dimple in the deficit he has single handily created himself.

Are Americans falling for this BS? If they are, we are in a lot worse shape than I ever thought.
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Top Opinion

  • Charge 2012/07/09 16:31:55
    I call BS on Obama
    Charge
    +5
    Complete BS by Obama, if the rich were taxed at 100% it would not make a dent in the deficit.... all Obama BS to get votes.

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  • jackolantyrn356 2012/07/10 16:19:22
    I call BS on Obama
    jackolantyrn356
    +1
    Please also note the fact the RICH are laving the US and dumping the Citizen ships faster than a "Dead man's hand in a nest of Hornets."
  • LesWaggoner BN 1 2012/07/10 07:42:51
    I call BS on Obama
    LesWaggoner BN 1
    Taxes should be raised on everyone to pre-Reagan level.
  • SK-LIBERTY OVER EQUALITY 2012/07/10 02:58:36
    I call BS on Obama
    SK-LIBERTY OVER EQUALITY
    +1
    Obama was here!
    load of crap
  • MarinerFH 2012/07/09 23:18:05
    I call BS on Obama
    MarinerFH
    The amount of tax revenue actually received from the top 5% is always inversely proportional to the rate.
  • Raymond Allamby 2012/07/09 22:16:25
    Other
    Raymond Allamby
    selective memory, it's a wonderful thing. like selecting not to remember how well the economy was doing under the clinton tax rates.
  • Obama Failed Soda Head Chie... 2012/07/09 22:04:48
    I call BS on Obama
    Obama Failed Soda Head Chief Opi
    +1
    Biggest tax hike in history with Obamacare, knew he'd have to extend Bush taxcuts. Problem is it's only for 1 year after he gets reelected then your paycheck is going to be drained. We've got to get this guy out of the oval office, he's killing the country.
  • Rebel Yell 2012/07/09 20:12:11
    Other
    Rebel Yell
    The deficit he single handedly created?? LOL !

    After his election, George Bush quickly set about dismantling the progress made under Clinton..... Bush's $1.4 trillion tax cut in 2001, followed by a second $550 billion round in 2003. As the Center on Budget and Policy Priorities (CBPP) detailed, those Bush tax cuts accounted for almost half of the mushrooming deficits during his tenure. Then came the costly MedIicare Part D which Republicans had no idea how they would pay for it. Add that to the deficit. George's African Iniiative. Add that. By January 2009, the mind-numbing deficit figure topped $1.2 trillion, forcing President Bush to raise the debt ceiling to $11.3 trillion.

    The most recent CBPP analysis reveals that over the next 10 years, the Bush tax cuts will contribute more to the U.S. budget deficit than the Obama stimulus, the TARP program, the wars in Afghanistan and Iraq, and revenue lost to the recession - combined.
  • RicardoCabeza 2012/07/09 19:59:08
    Other
    RicardoCabeza
    The deficit is in part because of massive spending habits, and the lack of revenue because of a constricting economy due to a reduction of the money supply to the general population due to foolish banking deregulation that allows banks to invest directly as opposed to requiring margin calls, this process diverts the money flow around the general population and creates widespread diseconomies within the system.
  • Ken 2012/07/09 18:20:54
    I call BS on Obama
    Ken
    +2
    We should be working hard to see that the 53% who pay zero income taxes start making enough money to pay their share. America has become a society dependent on the Government for their living and without changing that America will become Europe II.
  • Diane Spraggs Yates 2012/07/09 17:46:01
    I call BS on Obama
    Diane Spraggs Yates
    +1
    50% pays no taxes !!!!
  • Lady Whitewolf 2012/07/09 17:34:58
    Other
    Lady Whitewolf
    I AGREE
  • Lady Wh... Lady Wh... 2012/07/09 17:35:34
    Lady Whitewolf
    Boy, the CONNYS are out in full force on this one!
  • Mr. T Lady Wh... 2012/07/09 18:28:29
    Mr. T
    +1
    Still blind to the fact if the rich gave ALL they had it wouldn't make a pimple on an elephant's ass on the deficit that quadrupled after Obama took office?
  • ConLibFraud 2012/07/09 17:20:47
    I call BS on Obama
    ConLibFraud
    +4
    Here we go ... the campaign class warfare is underway. Hey Ofraud ... their are just as many wealthy dems as their are repubs ... including you!
  • Mr. T ConLibF... 2012/07/09 17:26:13
    Mr. T
    +3
    Exactly what it is...class warfare. The division continues.
  • ConLibF... Mr. T 2012/07/09 17:34:38
    ConLibFraud
    +3
    And the sheeple fall for it every stinking time!
  • mrk5panzer 2012/07/09 16:33:57
    I call BS on Obama
    mrk5panzer
    +4
    You need a Clown with a shovel and wheel barrel following Obama around all day shoveling all the BS he puts out.
    I forgot, he already does (Pelosi,Reid,Holder,) but he still puts outs more BS than anyone can keep up with.
  • Mr. T mrk5panzer 2012/07/09 16:35:04
    Mr. T
    +4
    Can add Carny, Gibbs and Axelrod to the shovel brigade.
  • mrk5panzer Mr. T 2012/07/09 16:47:11
    mrk5panzer
    +4
    The list is long my friend!
  • Mr. T mrk5panzer 2012/07/09 16:48:53
    Mr. T
    +3
    Got that right.
  • gr8punkin mrk5panzer 2012/07/09 16:51:42
    gr8punkin
    +4
    it's a lot of BS. LOL
  • Charge 2012/07/09 16:31:55
    I call BS on Obama
    Charge
    +5
    Complete BS by Obama, if the rich were taxed at 100% it would not make a dent in the deficit.... all Obama BS to get votes.
  • Mr. T Charge 2012/07/09 16:33:57
    Mr. T
    +2
    Spot on.
  • Dwight-AFCL>dogsbody 2012/07/09 16:24:09
    I call BS on Obama
    Dwight-AFCL>dogsbody
    +4
    Barry promised to cut spending and reduce the deficit. Instead he's looked for every opportunity to raise a tax and increased spending by a wider margin.
  • Mr. T Dwight-... 2012/07/09 16:27:29
    Mr. T
    +4
    Obama does everything 100% opposite of what he says. Obama is nothing but a lying POS.
  • Dwight-... Mr. T 2012/07/09 16:46:49
  • Mr. T 2012/07/09 16:18:22
    I call BS on Obama
    Mr. T
    +5
    I have NEVER in my life EVER seen a bigger LIAR in my life. This SOB has no morals or ethics what-so-ever. I swear, Obama is spawn of Satan himself.

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