Reformed Chicks Blabbing

Reformed Chicks Blabbing

Geithner not ruling out middle class tax

posted by Susan Johnson | 10:27am Sunday August 2, 2009

Who doubted Obama would raise everyone’s taxes not just those making over $250,000? I certainly I’m not shocked that they plan to tax the middle class. You can’t just tax the rich and reduce the deficit especially with spending billions on cars, stabilizing financial institutions, construction, green energy jobs and propping up the state governments:

Geithner was clear that he believes a key component of economic recovery is deficit reduction. When I gave him several opportunities to rule out a middle class tax hike, he wouldn’t do it.
“We have to bring these deficits down very dramatically,” Geithner told me. “And that’s going to require some very hard choices.”
“We will not get this economy back on track, recovery will be not strong and sustained, unless we convince the American people that we are going to have the will to bring these deficits down once recovery is firmly established,” he said.

How about having the will to stop spending money and giving all of us back some of it so we can stimulate different aspects of the economy, not just the automobile industry.
And if they really cared about the economy and the deficit, they wouldn’t be proposing wrecking the healthcare industry and spending trillions of dollars we don’t have, furthering the hole we’re digging for our kids and grandkids.
(via)



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Comments read comments(18)
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Michael

posted August 2, 2009 at 1:34 pm


Let me shortcut this post by Michele:
“I have mine, so I don’t care about anyone else.”
We have some of the lowest taxes in the Western world, but people complain about paying more taxes for roads, schools, the military, the police. People who have health insurance and good medical care have theirs, so why worry about anyone else.
It’s the politics of narcissism.



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Tiny Tim

posted August 2, 2009 at 1:35 pm


In this statement Geithner did not rule out a middle class tax, but he did not rule it in, either. He simply said the deficit needs to be reduced. I’m in favor of confiscating the huge mansions and vast estates of people like Michelle, but if we had to have a middle class tax, better them than, say, taxing veterans’ benefits.



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Karen

posted August 2, 2009 at 1:38 pm


Absolutely, Tiny Tim. If it weren’t for our vets, we would not have been able to fight our noble wars in Iraq and Afghanistan, which have made us the free and prosperous nation we are today. But the resources have to come from somewhere. Tiny Tim’s church and mine voluntarily pays taxes, but why shouldn’t all the money-raking megachurches pay taxes, too?



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Erving

posted August 2, 2009 at 1:44 pm


You know, what we really ought to do is seize the property of “American” Muslims, as if any Muslim could be a true America. That would give us that 2-3% of GDP that would bring the debt down enough to be manageable, and put these tools of Satan in their place.



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Josephus

posted August 2, 2009 at 1:48 pm


The politics of narcissism? What does a narcissus have to do with politics?



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Snarkopotamus

posted August 2, 2009 at 1:52 pm


Listen up, all. Michelle is one of God’s elect. It is the role of those who are not foreordained by Almighty God to rule over us that they should receive honor, and glory, and tribute. It should be up to the unsaved to pay Michelle’s way, and the way of all her family, to properly prepare them for their eternity in hell. That is the gospel of Jesus Christ! Praise the Lord!



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Robert R.

posted August 2, 2009 at 1:55 pm


“It is the role of those who are not foreordained by Almighty God to rule over us that they should receive honor, and glory, and tribute.”
Don’t you mean that it is the role of those who ARE foreordained by Almighty God to rule over us, like Michelle and her family, that they should receive honor, and glory, and tribute and we should pay their way so that we will be properly humbled for our suffering in Hell?



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Julie

posted August 2, 2009 at 2:39 pm


Geithner say an eventual tax increase after the economy is stabilized is a possibility – not a certainty. He also said it would be fair. If Obama has anything to do with it being fair, it will not be like Bush’s tax cuts that favored the wealthy.
Snarkopotamus,
I agree that Michele believes she is one of God’s elect. Her worry only about Michele and petty often not factual statements are not according to according to the gospel of Jesus Christ.
Because Michele thinks she is one of God’s elect, she can just ignore what Jesus said, except when it is convenient for some point she is making.
Matthew 25:
40 “The King will reply, ‘I tell you the truth, whatever you did for one of the least of these brothers of mine, you did for me.’
41 “Then he will say to those on his left, ‘Depart from me, you who are cursed, into the eternal fire prepared for the devil and his angels.
42 For I was hungry and you gave me nothing to eat, I was thirsty and you gave me nothing to drink, 43I was a stranger and you did not invite me in, I needed clothes and you did not clothe me, I was sick and in prison and you did not look after me.’
44 “They also will answer, ‘Lord, when did we see you hungry or thirsty or a stranger or needing clothes or sick or in prison, and did not help you?’
45 “He will reply, ‘I tell you the truth, whatever you did not do for one of the least of these, you did not do for me.’
46 “Then they will go away to eternal punishment, but the righteous to eternal life.”
According to Jesus, those “suffering in Hell” would include all that did not do what was possible for those with less.



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Henrietta22

posted August 2, 2009 at 4:16 pm


This discussion about the economics was not just Geithner, Greenspan was also talking. Greenspan said he believed the government eventually will impose some kind of value-added tax to raise revenue. A value-added tax is assessed on the transfer of goods and services from production to delivery, with the consumer paying ultimately higher prices. It differs from a sales tax, which is directly assessed on a consumer when they buy something. Greenspan called a value-added tax “the least worst solution” saying it is the only thing that raises revenue in significant quantities without significantly impacting the economy. So when the word tax was used as maybe a solution in the future to pay down the deficit this type would possibly be used.



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Timotheus

posted August 2, 2009 at 5:33 pm


Hello,
It is not surprising to those who understood that Obama is a radical Marxist. Many of us who knew that he would attempt to destroy this country and remake it in the Marxist image.
Timotheus
http://www.skubalon.net



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Robert R.

posted August 2, 2009 at 5:45 pm


Just as a matter of curiosity, Timotheus, have you ever perchance visited an actual Marxist country? I have, and I can tell you that where we are going is absolutely nothing like them.
And the idea that Obama is a Marxist also suggests you don’t spend your free weekends reading the collected works of Marx. Call him names if you want to, but, please insult the President in an informed and honest way.



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Snarkopotamus

posted August 2, 2009 at 5:51 pm


You know, I can’t find any verse in the Bible that says, “And, Lo, Michelle McGinty shall be counted among the elect.” I read her blog on how she was so upset that she could not please God until she learned that God chose His elect, but where I think she slipped up was in supposing that God elected her.



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New Age Cowboy

posted August 2, 2009 at 8:27 pm


Julie,
I am not being sarcastic in the least proclaiming that Michele is not Christian. It’s just plain and simple. Folks like her worship Reagan and the almighty dollar.
The only charge psuedo-Christians like herself are compelled to follow is to condemn. They are professional witch-hunters.
It’s clearly evidenced by her posts that Michele doesn’t understand things like responsibility or the “Sermon on the Mount”.
Michele shouldn’t worry, where she’s going when she dies everything will be based on personal profit and solely on self interest.



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carly

posted August 2, 2009 at 11:22 pm


People should listen to what Geithner said today about taxes: when the economy recovers. Basically Americans will have to get used to the fact no pain no gain. There is a related post at http://iamsoannoyed.com/?page_id=588



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Karen Whitaker the Luciferian

posted August 3, 2009 at 12:52 am


Michelle most certainly can rest assured in her salvation among God’s elect. Our God, Lucifer.



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HSR0601

posted August 3, 2009 at 7:30 am


A pay for outcome / value payment system, key to the deficit-neutral, might be capable of bringing all groups together.
Supporters of the agreement say it could save the Medicare System more than $100 billion a year and ‘improve’ care, that means more than $1trillian over a decade, and virtually needs no other resources including tax on the wealthiest. (Please visit http://www.kare11.com/news/news_article.aspx?storyid=820455&catid=391 for detailed infos).
As much as 30 percent of all health-care spending in the U.S. -some $700 billion a year- may be wasted on tests and treatments that do not improve the health of the recipients,” Thus the remaining $239 billions over a decade do not matter. Supposedly even the conservative number of such savings might be able to meet the goal.
Dr. Armadio at Mayo clinic says, “If we got rid of that stuff, we save a third of all that we spend and that is 2.5 trillion dollars on health care. A third of that and that is 700 billion dollars a year. That covers a lot of uninsured people.”
Apparently, just in case of the difference between the estimate and result, or the worst case of scenarios, Obama officials may have made a statement taxes may rise to pay health care.



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Julie

posted August 3, 2009 at 3:03 pm


Update:
Robert Gibbs said today that Obama intends to keep the promise of no new taxes if you make less than $250,000.
Remember Obama made the promise before Bush’s financial crisis occurred.



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Karen

posted August 3, 2009 at 11:47 pm


Oh, yeah, Julie? How can you believe it if you didn’t hear it on Fox News?



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