Even After Tax Hikes, Obama Maintains “Rich Should Pay Their Fair Share”

barackobama

If you thought, now that President Obama and his liberal friends got their tax hikes on the rich, we could start talking about meaningful spending cuts you can forget it.

“Obviously, there is still more to do when it comes to reducing our debt,” Obama said in a video released by his (seemingly never-ending) campaign. “And I’m willing to do more, as long as we do it in a balanced way that doesn’t put all the burden on seniors or students or middle class burdens but also asks the wealthiest Americans to contribute and pay their fair share.”

It would be nice if someone could pin Obama down on the “fair share” thing. How what’s a “fair share” rate, 50%? 60%?

Of course, if we pinned him down on a specific percentage, we could do the math on how much revenue that might produce, and point out that it won’t be enough to fix the deficit problem. In other words, if Obama became something less nebulous about what he wants for tax rates, it might be revealed that tax rate hikes won’t fix the problem.

Rob Port is the editor of SayAnythingBlog.com. In 2011 he was a finalist for the Watch Dog of the Year from the Sam Adams Alliance and winner of the Americans For Prosperity Award for Online Excellence. In 2013 the Washington Post named SAB one of the nation's top state-based political blogs, and named Rob one of the state's best political reporters. He writes a weekly column for several North Dakota newspapers, and also serves as a policy fellow for the North Dakota Policy Council.

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  • camsaure

    Does anyone really think that he and the progressive/liberals/marxists will stop their confiscations at where they are now? This is just the “camels nose under the tent”.

  • Geoff

    “on the backs of seniors”. What the hell you think is happening to SS checks when we continue to print money month in and month out? Obama is stealing money from them on a daily basis

  • Patrick R. Pfeiffer

    The top 1% pay nearly 40%. The top 5% pay 60%. The top 25%pay 86% and the top 50% pay 97%.
    How much more “fairness” is required, I wonder?

  • http://Sayanythingblog.com The Whistler

    From each according to their means to each according to their needs.

  • Spartacus

    Obama should first concern himself with paying for his family vacations with his own money.

  • tony_o2

    “And I’m willing to do more…” as long as it doesn’t mean taking out his own checkbook and writing an extra check to the Treasury. Cause that’s his money and he already paid his fair share to the IRS…..

  • headward

    How long will this fair share run the federal government? A day? A week?

    If stealing 100% of the product of someone’s labor is slavery, at what percentage is it not slavery?

    • http://Sayanythingblog.com The Whistler

      You’re just half of a slave.

      • kevindf

        Or a prostitute for pimp daddy government.

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