Wednesday, November 28, 2012

Note: if you give him money for a few more days he’ll just ask for more

Obama is leading from behind again, because it's been so successful. He wants his people to pressure Congress to raise taxes so we can go further in debt and run the government for another week.

Obama is to travel to Hatfield, Pa., Friday to visit toymaker K'nex Brands, "a business that depends on middle-class consumers during the holiday season, and could be impacted if taxes go up on 98 percent of Americans at the end of the year," the White House said.

The tax increase refers to George W. Bush-era tax cuts set to expire Jan. 1. Obama wants to preserve the Bush-era tax rates for incomes up to $250,000 but increase the marginal rate on taxable income above that threshold.

Obama was to play host Wednesday to middle-class Americans the White House said would be affected by the tax increases if Congress does not act to avoid the fiscal cliff's more than $500 billion in annual automatic tax hikes and spending cuts set to kick in after New Year's Day.

Obama also was to meet with 14 chief executives from big businesses, the White House said.

The president's campaign-like push comes as top Democratic and Republican leaders were at a standoff on the issue.

http://www.hispanicbusiness.com/2012/11/28/obama_begins_campaignlike_fiscal_cliff_effort.htm

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