The fourth step in our approach is to reduce spending in the tax code. In December, I agreed to extend the tax cuts for the wealthiest Americans because it was the only way I could prevent a tax hike on middle-class Americans. But we cannot afford $1 trillion worth of tax cuts for every millionaire and billionaire in our society. And I refuse to renew them again.Forget the mental gymnastics it takes to understand the "reduce spending in the tax code" nonsense and focus on the meat of that paragraph. Obama says "we" can't afford tax cuts. Who are the "we" in this statement?
Are these the millions of people receiving government handouts? Is this referring to illegals who are given free medical care? Or, is he talking about the millions of government "workers" who always get raises and pension increases, and even in the darkest of economic times, never lose their jobs?
Are those turtles that are enjoying their new taxpayer built tunnel in Florida part of this group? Or what about Cowboy Poetry festivals in Nevada, are they included? What about NPR, Planned Parenthood and ACORN, are they part of the "we" too? Do you include Obama's buddies in the "green" industry who valiantly chase green energy like Don Quixote?
I thought the "we" should refer to all Americans - especially those that go to work, pay their taxes and create jobs for others. But apparently this is not the case.
Exactly whose money is it Mr. President? Do I work for myself, or for you? Whether I make $1 or $100,000,000, that money belongs to me. You have no right to confiscate it. And based on your spending habits the first two years, even if you taxed everyone at 100%, you still could not pay for everything you want.
This is not a taxpayer problem. We have a SPENDING problem. We have a POTUS and Congress that have not only maxed out the nation's credit card, they have opened up several new accounts and are filling those up as I type.
Before you raise even one penny more in taxes, why don't WE cut spending until WE balance the budget with the existing revenue. And then WE can talk. You might even consider, lowering taxes as well. As this has proven time and again to increase tax revenue. Why you ask? Its very simple, if I have more money to invest and spend, more jobs are created, which means more taxpayers to share the burden. I guess they didn't teach that at whatever school you supposedly attended.