November 9th, 2012
01:55 PM ET
1 year ago

Obama calls on House to pass tax hikes for wealthy

Washington (CNN) - Flush with re-election vigor, President Barack Obama called Friday for House Republicans to immediately pass a bill already approved by the Senate to extend current tax rates for middle class Americans while allowing a tax hike for wealthier citizens.

In his first public comments since winning Tuesday's vote, Obama expressed openness to negotiate with Congress on how to deal with pending tax hikes and spending cuts that create the so-called fiscal cliff facing the economy at the end of the year.

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Filed under: President Obama
soundoff (51 Responses)
  1. 2012liberal

    Do it mr prez! Dont back down. Go off the curb! Stand strong we got yr back. Dont back down 2 the bullies of grand obstructionist party! Executive orders anyone!

    November 9, 2012 02:57 pm at 2:57 pm |
  2. 2012liberal

    Do it mr prez! Dont back down. Go off the curb! Stand strong we got yr back. Dont back down 2 the bullies of grand obstructionist party! Executive orders anyone! Checkmate!

    November 9, 2012 02:58 pm at 2:58 pm |
  3. Ancient Texan

    Montykoolade- They already pay 70% of all taxes, what would satisfy you? 100%? Then we can all be on foodstamps, welfare, unemployment, and disabilityat the same time. Uncle Suger will take care of all of at the same time.

    November 9, 2012 02:59 pm at 2:59 pm |
  4. Ryan

    Ten poorest states are reliably red except for one: New Mexico. Ten richest states are reliably blue except for two: Virgina and Alaska. Why has the party of upward mobility failed so many of their own?

    November 9, 2012 03:00 pm at 3:00 pm |
  5. Willie Floyd

    Stop posting on these sites. Get on your phones and call your congressman or Boehner- they don't read these posts. I've called the White House comment line to let the president know I support him and Boehner to remind him of who did win-not the Repubs.

    November 9, 2012 03:02 pm at 3:02 pm |
  6. Tabeth

    How can rich people resist to pay a little bit more tax then claim to love America. I just can't understand it!!!

    November 9, 2012 03:03 pm at 3:03 pm |
  7. The Real Tom Paine

    -just sayin

    >Let's Move Forward
    >The so-called rich job creators have not created 1 job.

    you mean those 5.5 million new jobs obama talks about are all governemnt jobs? say it ain't so joe.
    **************************************
    If Adelson and company have billions to drop on an election that gave them a roughly 2% return, they can afford to pay a little more. I'm tired of subsidizing them for the last 3 decades.

    November 9, 2012 03:04 pm at 3:04 pm |
  8. Tommy G

    Why did Obama sign the extension of the Obama tax cuts for the rich two years ago if he didn't want them?
    Answer: Because he didn't want to damage the fragile economy.

    The economy is now WORSE than it was then. Why does Obama want to raise taxes now?
    Answer: Because class warfare is the only secret plan he has. Surprise America! You were conned AGAIN. Obama had no secret plan. You get four more years of the same. I hope you all enjoy the Obama recession, or if your are real lucky, the Obama depression. Remember, you asked for it, no demanded it. Stupid, stupid Americans.

    November 9, 2012 03:09 pm at 3:09 pm |
  9. Bill from GA

    Let all the tax cuts expire, especially the Capitol Gains cuts. Then the President can approve them one by one.

    Don't Cave, Barry. Not again.

    November 9, 2012 03:09 pm at 3:09 pm |
  10. Bill from GA

    The republicans were saying Obama got reelected, in part, because of Hurricane Sandy, an 'Act of God'.

    So, they're saying, basically, that God endorsed President Obama.

    Bonehead, mcconnell, don't fool around with Barry; he's got The Man behind him.

    November 9, 2012 03:12 pm at 3:12 pm |
  11. Sniffit

    "So it's "my way or the highway". And you lefties posting here assured me that only Republicans do that."

    Bullspittle. Obama is offering to meet half way by saying that he will accept $2.50 in cuts for every $1.00 in additional revenue. All Boehner and the GOP/Teatrolls have done is say they will absolutely not accept any tax increases whatsoever and that we should move forward by doing pretty much exactly what Mittens ran on. THAT is a refusal to compromise.

    You guys are completely ridiculous. If he proposes nothing, then you run around claiming that he's not leading. If he proposes and pushes for something, you complain that the uppity brown POTUS is telling you what to do. Get over it. WE WON. HE RAN ON THIS VERY THING AND THE AMERICAN PEOPLE GAVE HIM THE POPULAR VOTE. It's time for you to accept that you are not in a position to draw lines in the sand and demand that Obama dance for you. But hey, if you'd liek to continue the self-flagellation of trying to dictate all terms of any deal, be our guest...we'll gladly make you pay the price.

    November 9, 2012 03:18 pm at 3:18 pm |
  12. Thomas

    Ink and Pen in hand !

    November 9, 2012 03:19 pm at 3:19 pm |
  13. Me IN HOUSTON

    I believe the GOtP in congress will bend and get down to business of properly governing this nation. The only problem is, they have told their followers so many lies about what we are trying to do that when republican elected officials will finally get down to doing the right thing...their followers will make them pay for it

    November 9, 2012 03:23 pm at 3:23 pm |
  14. Rudy NYC

    Ancient Texan

    Montykoolade- They already pay 70% of all taxes, what would satisfy you? 100%?
    -----------------
    Let's do it your way. If they earn 70% of all income, then they should pay 70% of all taxes. But if they earn 80% of all income, but only pay 60% of all taxes, then they should get a tax increase. Right.

    November 9, 2012 03:25 pm at 3:25 pm |
  15. Tim

    Tsk tsk the Democrats posting on this story are to stupid to know that when Obama had his super majority in Congress being controlled by Democrats they extended the tax cuts. Now when Republicans are in control of Congress they want them to raise taxes!!

    November 9, 2012 03:26 pm at 3:26 pm |
  16. excuse me

    Tommy G.... You're such a retard

    November 9, 2012 03:31 pm at 3:31 pm |
  17. John

    Just another campaign speech – ugh. More class warfare soak the rich verbage that makes your eyes glaze over. Doesn't sound like Obama wants to be flexible. Those big dividend stocks are going to get hit before year end as the elderly start to sell as rates on dividends and capital gains are going hiiiiiigher. It was nice while it lasted and now its time to look for other places for cash based on the next few weeks of Washington idiocy.

    November 9, 2012 03:35 pm at 3:35 pm |
  18. Rudy NYC

    Tim

    Tsk tsk the Democrats posting on this story are to stupid to know that when Obama had his super majority in Congress
    ---------------–
    What super majority in the Congress? That's another factual distortion swirling around the right wing's filtered reality. At best, it might have existed long enough to pass the auto bailouts and the Stimulus, both of which the American people wanted to see pass. Ted Kennedy missed more days in 2009 than what he attended. He passed in August.

    Besides, Independent Joe Leiberman voted with the GOP on taxes, as did a couple of blue dogs. Democrats did not hae a filibuster proof majority in the Senate on all issues. Don't forget that Scott Brown was sworn in January 2010.

    November 9, 2012 03:50 pm at 3:50 pm |
  19. umm ...

    So exactly how is "closing loopholes" going to NOT be a tax hike, since conservatives see doing so as "backdoor tax hikes"???

    Last year, a commentator got a LOT of flak from Senator Rob Portman's (R-d'OH) staff because he wrote in an article that Portman supported closing loopholes. The staffer railed on him for putting in black and white that Portman "supported backdoor tax hikes"!

    November 9, 2012 03:53 pm at 3:53 pm |
  20. Karina

    Of course the rich can pay more taxes and so they should.
    However , to think that is going to solve any problems with your economy , debt and unemployment , you are very much mistaken.

    November 9, 2012 03:58 pm at 3:58 pm |
  21. Bill from GA

    To Tim
    " when Obama had his super majority in Congress "

    The only time Obama had a super majority in Congress was until male model Scott Brown was sworn in to the Senate on February 4, 2010. Less than 13 months.

    During those few months, the stock markets nearly doubled, GDP went from MINUS 5% to over PLUS 4%, and the country turned job loses of over 800.000 per month into positive job gains.

    The tax cuts were not extended until after the election of 2010. And the Senate, with 41 republican seats, set new records for filibusters, blocking Obama's agenda at every opportunity. And the Progress slowed.

    November 9, 2012 03:59 pm at 3:59 pm |
  22. Tommy G

    excuse me
    Tommy G.... You're such a retard
    =========================

    wow.... so many facts in that response! When all you got is name calling it means you've lost the debate. Congrats loser! Name calling seems to be all some people have in here. At least try to sprinkle in a few facts or comments to backup your lame assertions. That way people might actually think you know something.

    November 9, 2012 04:00 pm at 4:00 pm |
  23. Deb in MT

    @sniffit:
    : "...You guys are completely ridiculous. If he proposes nothing, then you run around claiming that he's not leading. If he proposes and pushes for something, you complain that the uppity brown POTUS is telling you what to do. Get over it. WE WON. HE RAN ON THIS VERY THING AND THE AMERICAN PEOPLE GAVE HIM THE POPULAR VOTE...."

    Heck YES! I don't care how the President does it–or what Harry Reid has to do to the Senate rules–but it's way past time for the tighty Righties to hear us loud & clear, and work for the good of the country for a change, and not genuflect before Grover Norquist and the TPersr!

    And, I really think the ultra-wealthy can buck up and pay 3-3.5% more on income >250,000. It's not like he's asking for a return to Eisenhower tax rates, or even Reagan tax rates! Good grief, people.

    November 9, 2012 04:02 pm at 4:02 pm |
  24. Tommy G

    Nobody needs to do anything. All of the tax cuts will automatically expire and the Democrats will reap that massive tax windfall they have been demanding now for years and years. Obamacare will add bilions and billions to that as well. I don't get it. Why aren't the Democrats in tax heaven at this point??? That will have achieved their Holy Grail of massive tax hikes! Time to break out the champagne and celebrate because that will generate huge economic prosperity according to the Democrats.

    November 9, 2012 04:04 pm at 4:04 pm |
  25. Let's See

    Time to get on the phones, in the streets, and do whatever we have to in order to make this happen! We're behind you 100% Mr. President.

    November 9, 2012 04:09 pm at 4:09 pm |
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