Lifestyle, housing costs and health care costs and, there is not a lot left over to pay uncle sam. martha: we should eliminate deductions for this group and this is not class war fare, told by president obama, it is not class war fare, you have a huge segment of the population who pays nothing and everyone should pay something and we should flatten out the tax code and make it a percentage of your income, overall, rather than targeting one group, many of whom are small businesses, that fall into that category of the 250-plus for a family. you just nailed it, martha. you get an a in economics today. your are exactly right. if you look at those evil people who make over 250,000, guess what, over half of those people own and operate and invest in small businesses. those are supposed to be the businesses that we re going to have create the jobs and that is true, 70% of the jobs that are created, in this u.s. economy come from small businesses, and, yet the tax increase, that mr. lew just
The republicans aren t just defining it, they re defining class warfare by protecting millionaires, billionaires and corporations. the reality is we need people back to work. the republicans have been in schiavo now, holding the majority since january, and haven t created any jobs in this economy. you ve got to think at some point or another, they re not hearing the message from the american people. i think it s time to get on job creation, i think it s time to reward working people and stop coddling the rich, as warren buffett said. they ve gotten enough. it s time for them to put back into this economy. if these payroll taxes are not extended, it would cost the average american worker in terms of their payment, $2,136. we re talking about real money on an annual basis. they re acting like it s nothing. as you know, many of us are mobilizing and organizing around
This really angered me i m reading a statement by eric cantor, and i know that i shouldn t research things, because it s only going to make me get into another kind of frame of mind, but eric cantor wrote obama policies fueled by efforts to incite class war fare. when you are protecting loopholes for corporations, tax cuts for the rich, and saying people should not have an extension on cutting payroll tax, i mean, if that isn t their saying there should be protection for certain class and not for the working class, i don t know what is. i mean, how do we keep hearing this blame the other side for what is inadvertent will be being advocated for some of the policies they re fighting for? you ve hit the nate on the head.
Obama s p.o.v., point of view sthvment. it is a huge part of their platform because it keeps emphasizing class war fare and workers against businesses and rich against the poor. that is how they work in politics. bill, we 23450ed to remin needd yourselves the people paying taxes in america at the upper income are paying a larger percentage of total taxes in our country than any other industrialized nation. it is not like they are not paying their fair share. if you leave money in the hands of wealth producing people in our country it is going to create more jobs and wealth for middle income americans than if we give it to the government. bill: the democrats don t believe that. they believe the central government in the income redistribution will create the jobs, not the wealthy. you know that is a philosophical divide. we have been practicing their economic policy for a few years now and that is we we have got over 9% unemployment right now. real quick, is the debt
Of the democratic and president obama s p.o.v., point of view sthvment. it is a huge part of their platform because it keeps emphasizing class war fare and workers against businesses and rich against the poor. that is how they work in politics. bill, we 23450ed to remin needd yourselves the people paying taxes in america at the upper income are paying a larger percentage of total taxes in our country than any other industrialized nation. it is not like they are not paying their fair share. if you leave money in the hands of wealth producing people in our country it is going to create more jobs and wealth for middle income americans than if we give it to the government. bill: the democrats don t believe that. they believe the central government in the income redistribution will create the jobs, not the wealthy. you know that is a philosophical divide. we have been practicing their economic policy for a few years now and that is we we have got over 9% unemployment