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Question: On what date did Obama say he was going to raise taxes for the rich during the election?

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uponit7771 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 12:30 PM
Original message
Question: On what date did Obama say he was going to raise taxes for the rich during the election?
Edited on Tue Nov-25-08 12:31 PM by uponit7771
The right wing and some on the left are acting as if Obama is walking back on raising taxes on the rich but I never heard Obama give a date for the increase.

I never heard Obama say he was going to raise taxes on the rich right out of the box on the first day either.

Anyone hear Obama state a date during the primaries or GE?

Thx in advance
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rurallib Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 12:31 PM
Response to Original message
1. I believe he said he would let the Bush tax cuts expire
and let them return to what they were in Clinton's era
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uponit7771 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 12:33 PM
Response to Reply #1
4. RIght, that's what I heard also but just on Thom Hartman the Reich Winger was actin as if Obama was
...walking back on raising the taxes as if he said he was going to raise them on day 1.

Thom didn't correct her and he's usually pretty informed and prepared so...

Thx
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RaleighNCDUer Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 12:58 PM
Response to Reply #1
12. And those tax cuts are not supposed to expire until 2010, correct? nt
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rurallib Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 07:26 PM
Response to Reply #12
18. yes - last day of the year I believe.
Lots of time to think on it.
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yardwork Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 12:32 PM
Response to Original message
2. No, I never heard Obama give any specific date. His tax plan is just a proposal.
Obama can't implement his tax plan by fiat. It has to be approved by Congress. It's up to Obama to decide when to push it. Likewise, Congress can always raise the issue themselves.
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bunnies Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 12:32 PM
Response to Original message
3. IIRC, he said he was going to let the tax cuts expire.
I remember it being an "issue" during the primaries.
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uponit7771 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 12:34 PM
Response to Reply #3
5. Thx, and that's what I heard him repeat yesterday...he never said he was going to raise taxes on day
...one like the MsM and Reich wingers are saying.

The US MsM is so freakin lazy...they are very keen at group think
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bunnies Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 12:38 PM
Response to Reply #5
7. Its just like when they ripped on him for...
breaking his "promise" to accept federal campaign funds.

Of course you and I know he never made that "promise"... but since when does truth matter? :shrug:
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uponit7771 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 01:16 PM
Response to Reply #7
17. RIGHT!! Plus McKlan took a private bank loan during the primaries colateralized off of GE funds
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gravity Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 12:36 PM
Response to Original message
6. Obama isn't setting anything in stone
He is smart enough to realize that plans change with the circumstances and is open to change his mind if he is wrong.

Obama isn't about pushing an ideological agenda, but about smart efficient government.
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John Q. Citizen Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 12:39 PM
Response to Original message
8. He said he would repeal the bush tax cuts.
Edited on Tue Nov-25-08 12:42 PM by John Q. Citizen
http://www.huffingtonpost.com/2008/09/07/obama-recession-could-del_n_124647.html

The fact that so many remember differently up thread is interesting from a sociological viewpoint. I wonder why so many have the same mis-remembrance?

Obama repeatedly campaigned on it. It was in the debates. McCain was calling it 'wealth redistribution.'

edited to add- He has been signaling that maybe he won't do this soon as a result of the deepening recession. Ain't no big thing, IMHO.
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bunnies Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 12:48 PM
Response to Reply #8
11. I have no doubt that, over the 2 years of the Obama campaign...
He's probably said both things.
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Hippo_Tron Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 07:41 PM
Response to Reply #8
19. Do you see a substantial policy difference between "repeal" and "let expire"
Edited on Tue Nov-25-08 07:41 PM by Hippo_Tron
Because personally I don't
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John Q. Citizen Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-26-08 12:29 AM
Response to Reply #19
20. He did, or he would have said, "Let expire in two years after I take office" instead of "repeal'
Look, I think there may be a good argument to keep the cuts (with the exception of the inheritance tax cut) and if it's good policy for the country I'd expect him to switch his policy, but that's not the point.

The point is that if you want to lie to your self or make excuses or go back and scrub what he said so you feel better about the discrepancy, fine. Just tell yourself that Obama is infallible, will never be inconsistent about anything, can see the future, and is perfect and anyone who doesn't agree with you is an enemy of you and your god.

But don't try to sell me that crap 'cause I know better.

Yes, It's a policy change. So? The question is, is it good policy? (Not is it a change, because of course it is)

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Hippo_Tron Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-26-08 12:50 AM
Response to Reply #20
23. Policy wise I don't know for sure if it's a good idea or not, I'm no economic expert
But my suspicion is that since it's only one year's difference the policy is about the same in the long run. What I do know is that letting the tax cuts is a much better political option. That way no Democrat in Congress will have to go on the record as voting to increase taxes.

I don't recall any instance where Obama specifically said that he would repeal the tax cuts in 2009. Repealing them anytime after 2009 is the same as letting them expire because they expire in 2010. Seems to me that he was intentionally vague about this in order to leave himself as many options as possible.
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jenmito Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 12:41 PM
Response to Original message
9. Before the economy went TERRIBLY wrong, he just said he'd "roll back the tax cuts for the rich"
Edited on Tue Nov-25-08 12:44 PM by jenmito
that Bush implemented but he never gave a date. He said outright that he'd cut taxes on 95% of working families and "roll back" the tax cuts for those making $250,000 and over. But now instead of rolling them back (by repealing Bush's tax cuts on the rich) he started saying he may NOT roll them back but just let them expire when they were going to anyway (in order to deal with the worsening economy).
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Democrats_win Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 12:43 PM
Response to Original message
10. The implication of a tax plan is that it would be included in his first budget.
Just like Bill Clinton's. You remember, the one that brought us the Clinton Super Bull Market, record LOW unemployment, a balanced budget and the one ALL Republicans voted against.

Wake up Democrats. This is the one and only war! Paul Krugman, in 2001 explained this fact. It's how we spend the money and who pays for it. There is nothing else. If you don't raise taxes on the evil rich, then ALL Democrats might as well go home and save us the money and anguish. Nothing else matters.


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uponit7771 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 01:15 PM
Response to Reply #10
15. "implication"? ....but Obama never set a date right?
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Occam Bandage Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-26-08 12:40 AM
Response to Reply #10
22. "Implication" is pretty darn weak. nt
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izzybeans Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 01:03 PM
Response to Original message
13. He said that on 11/24/08 he would raise taxes on the rich, and since that day has passed with no
Edited on Tue Nov-25-08 01:04 PM by izzybeans
action I will forever vote libertardian! I'm seriesly full of :sarcasm:

In all Seriesness!! he said he wasn't sure if he would do it through repeal or just let them expire. That's all he's said as far as I've seen.
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lamp_shade Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 01:13 PM
Response to Original message
14. It think maybe he said a week from Tuesday.
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uponit7771 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-25-08 01:15 PM
Response to Reply #14
16. During or after full moon? :-)
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doc03 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-26-08 12:37 AM
Response to Original message
21. I was under the understanding he would let the Bush tax cuts
expire. I haven't heard anyone Democrat or Republican ever suggest raising taxes in the middle of a recession that would be crazy.
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-26-08 01:08 AM
Response to Original message
24. Thank you for your sane post.
Some people here think it is a major betrayal that raising taxes isn't the first thing he gets done.

I think it would be stupid to do so in a recession.
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