Obama to Raise Gas Prices and your Electric Bill - DFWstangs Forums
 
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post #1 of 17 (permalink) Old 03-03-2009, 05:42 AM Thread Starter
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Obama to Raise Gas Prices and your Electric Bill

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WASHINGTON -- President Barack Obama's proposed tax increases are being met with misgivings by both Republicans and Democrats in Congress as he sends his Treasury secretary to Capitol Hill to defend them.

Lawmakers in both parties question Obama's call to reduce high-income earners' tax deductions for the interest on their house payments and for charitable contributions. Also drawing fire is his proposal to start taxing industries on their greenhouse gas pollution -- a move sure to raise consumers' electric rates.

Obama and his top aides have been promoting the budget package since unveiling an outline last week, but Tuesday will provide the lawmakers their first opportunity to publicly question top officials about the details.

Administration officials say the nation's economic crisis requires bold action to right the economy and expand access to health care while providing tax breaks to middle- and low-income families.

The economy took another hit Monday when the Dow Jones Industrial Average plunged below 7,000 for the first time since 1997.

Treasury Secretary Tim Geithner was scheduled to appear Tuesday before the tax-writing House Ways and Means Committee, which also is likely to question him about Obama's declaration last week that he may be asking Congress this year for another $750 billion bailout for troubled banks.

Meanwhile, White House Budget Director Peter Orszag was to testify Tuesday before the House Budget Committee on Obama's spending priorities in the administration's $3.5 trillion budget blueprint for the 2010 fiscal year beginning Oct. 1.

Obama has been careful throughout the presidential campaign and since being elected to say he would impose higher taxes only on the wealthiest. Republicans, however, say Obama's energy proposal amounts to a tax that would increase energy costs for all Americans.

"This massive hidden energy tax is going to work its way through every aspect of American life," said Rep. Dave Camp of Michigan, the top Republican on the Ways and Means Committee. "How we light our homes, heat our homes and pay for the gas in our cars, in every phase of our daily lives, we will be paying higher costs."

Under the energy plan, Obama wants to reduce the emissions blamed for global warming by auctioning off carbon pollution permits. The proposal, known as cap and trade, is projected to raise $646 billion over 10 years.
Below is my favorite part...

Quote:
Most of the money would be used to pay for Obama's "Making Work Pay" tax credit, which provides up to $400 a year to individuals and $800 a year to couples. The plan also would raise money for clean-fuel technologies, such as solar and wind power.
FUCK THAT. Don't give us the fucking credit, just don't raise our fucking taxes you twit.

Quote:
Orszag has acknowledged that the energy proposal would increase costs for consumers, but he argues that the vast majority of consumers will get tax breaks elsewhere in Obama's budget package

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post #2 of 17 (permalink) Old 03-03-2009, 05:48 AM
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It's the old "switcheroo". "I'm going to take 'X', but give you back 'Y' "

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post #3 of 17 (permalink) Old 03-03-2009, 05:49 AM
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That's all Texas needs, getting more fucked from electricity...
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post #4 of 17 (permalink) Old 03-03-2009, 07:45 AM
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Originally Posted by Vertnut View Post
It's the old "switcheroo". "I'm going to take 'X', but give you back 'Y' "
And the best part is when they don't take as much of 'x' they will call it a tax cut.

This brings up something I heard of yesterday. The "tax cuts" in the obama spending plan you know the ones where you get 13.00 more in you check each week, well guess what all it comes down to is under withholding, and the next April it will go against you refund if you have one coming. Thank you obama.

You can't fix stupid, but you can vote it out.

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Bullet sort of looses his grip when he factually gets his ass tore off.
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post #5 of 17 (permalink) Old 03-03-2009, 07:57 AM
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Come on guys, it's easy to give more and take less. All you have to do is print more money.

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post #6 of 17 (permalink) Old 03-03-2009, 08:10 AM
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Originally Posted by Dacotua View Post
FUCK THAT. Don't give us the fucking credit, just don't raise our fucking taxes you twit.
How can you have an oppressive, domineering government presence if it doesn't take everything and give back what it thinks you deserve?

Communism 101, comrades.

Do we even consider our way of life capitalism, anymore? I don't.
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post #7 of 17 (permalink) Old 03-03-2009, 09:19 AM
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I heard an obama official (I think it was rahm) saying that "energy is too cheap anyway" insinuating that it will cost more if they have their way. I guess damn the people on fixed incomes that are already having to choose between paying their power bill, paying for meds, and eating.

The arrogance and smugness of these people is simply astounding.
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post #8 of 17 (permalink) Old 03-03-2009, 09:19 AM
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I think we have evolved from capitalist to super capitalists, which is a sort of socialism for the elite, while the rest of us remain the proletariat part of capitalism.

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post #9 of 17 (permalink) Old 03-03-2009, 09:22 AM
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What really worries me is the notion to take away tax credits for charitable donations. By decreasing the willingness of higher income earners to charitably help society, the responsibility falls more on the state/nation - direct route to socialism.
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post #10 of 17 (permalink) Old 03-03-2009, 10:13 AM
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Again, they will keep pushing and at somepoint people will say 'fuck you!' And push back, violently.

1/19/09, the last day of Free America.
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post #11 of 17 (permalink) Old 03-03-2009, 10:26 AM
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Again, they will keep pushing and at somepoint people will say 'fuck you!' And push back, violently.
I hope was can say that in 2010...

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post #12 of 17 (permalink) Old 03-03-2009, 11:28 AM
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Again, they will keep pushing and at somepoint people will say 'fuck you!' And push back, violently.
thats what Marx said would happen

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post #13 of 17 (permalink) Old 03-03-2009, 11:31 AM
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I hope was can say that in 2010...
Fuck that, why wait?
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post #14 of 17 (permalink) Old 03-03-2009, 12:04 PM
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Fuck that, why wait?
x2. It's not up to an opressor to decide the timetables of a revolution.

Give me a dollar.
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post #15 of 17 (permalink) Old 03-03-2009, 12:09 PM
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Fuck that, why wait?
Amen!

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x2. It's not up to an opressor to decide the timetables of a revolution.
It's not much of a revolution if your only plan is to attempt to make a non-violent change when your oppressor tells you that you can.

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post #16 of 17 (permalink) Old 03-03-2009, 12:14 PM
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Amen!



It's not much of a revolution if your only plan is to attempt to make a non-violent change when your oppressor tells you that you can.
Oh really? I'd say the most effective revolutions were the Indian revolt under Ghandi, or the Civil Rights Movement under King. It can be done.

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post #17 of 17 (permalink) Old 03-03-2009, 12:35 PM
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Oh really? I'd say the most effective revolutions were the Indian revolt under Ghandi, or the Civil Rights Movement under King. It can be done.
And on that note, try the non-violent route until you have no other choice but violence. Even in forming the USA did the colonies try the non-violence way to correct things.

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