Obama: Republicans must raise rates to create revenue

Didn’t Obama admit to Jay Leno that he’s not all that good with math?

YAHOO NEWS – President Barack Obama and the White House on Tuesday continued to pressure Republicans to agree to raise tax rates on the nation’s highest earners, saying a “fiscal cliff” deal is impossible without it.

Their “math doesn’t work,” the president, in his first post-election interview, told Julianna Goldman of Bloomberg TV. “We’re going to have to have higher rates for the wealthiest Americans.”

Obama said of the middle class that he “can’t ask them to sacrifice and not ask anything of higher income folks,” and once again claimed tax rates for families making $250,000 or more must be raised to increase revenue. …

Obama rejected Goldman’s suggestion that sitting down to meet with Boehner will help accomplish a deal. “I don’t think that the issue right now has to do with sitting in a room,” he said.

The president later added that he’s aware he won’t achieve “100 percent” of his deficit deal, but said he’s not willing to agree to revenue that’s “vague and potentially comes out of the pockets of middle-class families,” seniors and other vulnerable groups.

We know Obama’s a pathological liar and his math doesn’t work, yet everyone just seems to let him get away with it. Raising the top rates will only amount in nominal increases in tax revenue compared to our deficits and debt. It’s HIS math that doesn’t work.


I hate this media.

Comment Policy: Please read our new comment policy before making a comment. In short, please be respectful of others and do not engage in personal attacks. Otherwise we will revoke your comment privileges.
  • Marridge

    King Obama is hiding in his little castle. It is HIS responsibility to get things done but I guess he does not see it that way.

    Boehner ought to DEMAND this punk produce a Senate approved budget.

    • Rshill7

      Boehner’s a donut hole.

      The “ought” is so far ahead of him he couldn’t see it with a telescope.

    • joyfulgiver

      My sentiments exactly! How long has it been since the senate has passed a budget? wait, how long has it been since the senate proposed a budget? wait, wasn’t the presidents last budget proposal rejected 100%? My oh my, this is what happens when you have a community organizer running the country.

      Californian’s better wake up, too. Good Ol’ Gov. Jerry Brown just signed into law a provision that puts a 1% tax on lumber, that’s right the stuff you make houses out of. That’s right…lets tax the industry that has taken the biggest HIT in this disasterous economy.

    • badbadlibs

      He’s not hiding, he’s going on vacation…to Hawaii, to surf and play golf and enjoy the weather and the family while his subjects drown because of his policies and marxist ideology.



        • badbadlibs

          Heard today that this little vaca will cost the taxpayer 4 MILLION dollars. What a jerk.

  • Sober_Thinking

    Neil Boortz offered an interesting insight into this: http://www.boortz.com/weblogs/nealz-nuze/2012/dec/04/republicans-let-me-help-you-out-tax-issue/

    The bottom line is that Obama CANNOT justify this obsession with raising taxes whatsoever. He hates America and wants to destroy it. Republicans on the other hand have no excuse. If they cave on this tax deal, it will effectively be the end of the Republican party for at least a little while. Don’t believe me? Check out this article: http://www.nationalreview.com/articles/334470/conservatives-vs-gop-john-fund

    Hat tip to Mark Levin.

    • sDee

      The State Media ensures the outcome, not reason. We live in a controlled alter-reality. Neither the past nor the truth matters because Americans take what the State Media says as gospel. It matters not one bit what the elephants say, or protest.

      – If the Republicans refuse to give Hussein absolutely everything he demands, they will be the obstructionists who threw a wrench into the messiah’s brilliantly complex and intricate plan. Hussein will get the collapse he needs, the elephants the blame.

      – If the Republicans give him all he demands, they’ve tossed the only remaining thing that differentiates them from Democrats.

      It does appear it is the end for them either way. The GOP long ago abandoned first principles to play the Progressive game of big government, by the Progressives’ rules.

      • Sober_Thinking


        The bottom line is, the Republicans must do the RIGHT thing… the thing and promises they made that got them elected. They’re going to get the blame no matter what. Why not land on the right side of history and follow the will of the American people who voted them into office. But they seem unwilling or unable to fight the good fight anymore.

  • stage9

    What does a friggin lawyer know about economics?

    • sDee

      Same thing Saul Alinsky did, I suspect.

  • colliemum

    Note well: when the POS speaks about the ‘middle classes’, he really means only those who’d be called ‘working class’ in proper commie speak. The Unions are already saying they ‘defend’ the middle classes.

    It would be nice if someone in the press had the b*lls to ask the POS who these middle classes are, if “The Rich” are those who earn $200,000 p.a., and if his Union cronies – who earn that much, if not more, are now also “The Rich”.

  • OMG, I am SO sick and tired of hearing this from every dummycrap pundit out there. NEWSFLASH: There will be no revanuie IF YOU KEEP SPENDING!! raising tax rates CRIPPLES jobs. But since these people never had a job in their life, they don’t understand that the 1% are not just “rich” people, but all businesses, that keep the economy going.
    Tell you what, how about you “exempt” all businesses (that is what he likes to do) and YOU and your ILK can pay 90% of your pocket. You certainly have had WAY too much!!

    By the way, if you have a president/senate shutting down everything the Republicans throw at them (no matter the deal), you’re not really COMPROMISING now are you, O’Loser? He’s not even trying. This is his way to look like the “good” guy, when we go over the cliff, and the Republicans will still be the one to blame for “not doing enough”.


    • marketcomp

      He is an economic illederate or a masterful craftsmen constructing and managing the decline and eventual demise of America.

      • I am inclined to choose the latter, it IS his FATHER’S wish after all, isn’t it?

        “Dreams for my father” indeed -_-

      • stage9


        you mean illiterate….

        I hope that was a typo or a joke because that made me laugh out loud.

  • mikeinidaho

    EFF U, you communist piece of dogkrap. YOU must cut spending you, you traitorous lying piece of excrement. We the People will be coming soon. Enjoy this “Obama Spring” before
    the American people go the way of the Egyptian people against your muslim terrorist buddy, Morsi.

  • DCD+in+Indiana

    Federal revenues are tied to the economy; tax rates affect them hardly at all. Obama’s plan might very well tank an already weak economy and yield less revenue, not more. Not only is Obama disingenuous, he’s not very bright.

  • PapaLouie

    It doesn’t really matter to Obama whether tax increases come from higher rates or from limiting deductions. Both are forms of tax increases on the rich. The only reason he’s digging in his heels and insisting on higher rates is precisely because Republicans have vowed not to do it. He wants to crush and humiliate the GOP. But he is also setting up another trap for them.

    Obama knows that if he can get Republicans to abandon their tax pledge and cave even a little on higher tax rates, he will divide them and destroy their resolve for resisting additional tax increases in the future. Having abandoned conservative principles now, they will have no leg to stand on when Democrats make future demands for higher taxes. But Republicans have to resist abandoning their principles and caving in to Obama or we will enter into an unprecedented tax and spend death spiral. And there may not be another Reagan to rescue us.

  • NJK

    No, you don’t get to steal anymore money to give to other people. I’m so sick of this “REVENUE,” crap. YOU’RE A THIEF, ZERO.

  • Budgets also don’t seem to work when you spend more than you take in. Kind of a simple concept, really. But Obama still thinks he can spend like there is no tomorrow. So let him rant his liberal nonsense. Just don’t fund it. I never heard how you can get into a lot of trouble by SAVING a lot of money. But if a majority of Americans really do want “free stuff,” it’s about time they start paying for it and stop sticking everyone else with the bill.

    • Rshill7

      Budgets don’t work when they don’t exist either.

      • sDee

        Notice, not an elephant on stage mentions that there is no budget in which to frame tax talks.

        Kabuki theater.

  • Howzah123

    His tax increases will run the Government for 10 days

    “Probably there are people in this room still mad at me at that budget because you think I raised your taxes too much. It might surprise you to know that I think I raised them too much, too.” – Bill Clinton

  • Nukeman60

    Obama said of the middle class that he “can’t ask them to sacrifice and not ask anything of higher income folks,”

    So Obama admits it then, that he will make the middle class sacrifice after he makes the higher income folks sacrifice. Do you hear him, America? Everybody is going to pay.

    Plus, raising the taxes on the ‘millionaires and billionaires’ (ie, those making over $200,000 individually) will pay for 8 days worth of the yearly deficit. Whatever shall we do about the other 357 days?


  • Stehekin912

    ‘Obama: Republicans must raise rates to create revenue


  • sDee

    The course of our economy has been charted by Hussein and Co., is locked in, and we’ve passed the point of no return. No matter what is said. No matter what is done, the narrative has been written: “It is the Republican’s fault”. The press will roll it out like an incessant drum – Fox News and the DC Republican elites whining in the background.

    Stoke the engine. Let them have. Let them own it. This is what America voted for.

    Plan, and protect your families.

  • sjmom

    Let’s be honest; any kind of a fiscal cliff deal is impossible with Obama and Senate Dems.

  • jleinf

    Barry is king of the debt bubble that will burst and destroy the middle class as designed. Go NWO!

    • sDee

      He and the State Media will blame it all on the elephants.

  • KateNE

    Ugh. Four more years of his BS and lies and complete nonsense with the media just going along with all of it. I can’t stand it.

  • Susitna

    Obama is not negotiating with the GOP nor making a serious offer because he needs the Fiscal Cliff. This is the best and fastest way for him to finally destroy the U.S. economy as part of his “plan” and he won’t even get the blame, but the GOP. I don’t know how long it is going to take until we openly talk about having to remove the worst enemy of the U.S. from the White House. To try to negotiate with Obama is like asking Israel to negotiate peace with a Terror Organization. Obama wants to destroy America and Hamas wants to destroy Israel. Period.
    Our World is upside down and the bad guys are getting a free pass…….for too long!
    And the silly heads from the GOP are discussing for hours and hours how to change the message of the party??!! This energy should be invested in either recounting, impeaching or supporting brave citizens that have ongoing lawsuits against Obama. Put your cojones on, GOP!

    • sDee

      – Remember when Mitt Romney and the Republicans talked during the 2012 campaign about how leftism and islamic supremacism are the two most destructive ideologies ever to plague this world ……..?

      – Remember how the GOP campaigned on the true fact that it was free enterprise that has lifted millions and millions of people out of poverty and gave humanity an unprecedented increase in opportunity, prosperity and a far batter standard of living than what had ever been enjoyed before?

      – Remember how Republicans finally stopped cowering from false accusations of “RAAAAACIST!” by race hustling grievance mongers and instead illustrated during the campaign the simple truth that the Democrats have always been the party of racism, slavery, and segregation and that it was the Republican party that fought against those evils?

      Remember how the GOP told the simple truth that identity politics does more harm than good to the very minorities that are supposed to be helped by it?

      – Remember when Mitt Romney stood up against the screaming idiots who attacked him for being a “rich guy” (who earned all his own money, by the way) and reminded everyone that Obama is a multimillionaire who hangs around with other “one percenter” multimillionaires but uses taxpayer money to fund the Obamas’ lavish lifestyle to the tune of over three million dollars per day?

      – And remember when Mitt Romney correctly pointed out Obama’s massive stable of unelected, unaccountable, and unconstitutional czars – many of whom are openly socialist/communist/marxist, and Obama’s self declared affinity for marxists and dictatorial rule?

      Nope, I don’t recall Mitt or the GOP doing any of that, if they had, perhaps we would not be staring down the barrel of another four years of fuckery from Obama and the rest of his CRAPTASTIC cabal.

      We all know why none of these things happened, don’t we? Because the establishment Republicans are afraid of being called RAAAAACIST and meanie-pants, and they will sell themselves (and their supporters) out on just about anything and everything in a futile effort to avoid being called such names (that they will be called anyway) – earning the monicker “The Stupid Party” in perpetuity, apparently.

      • tinlizzieowner

        Sadly, you are correct. 🙁 The Grand Old Party has become the Gutless Old Party.

      • Susitna

        I will never understand why they didn’t fight back and why they are not fighting back again…………your thoughts are my thoughts as well.

    • tinlizzieowner

      “Our World is upside down and the bad guys are getting a free pass”.

      Exactly the way Obama’s pal Van Jones said it would be 4 years ago.
      “Top Down, Bottom Up, Inside Out”.

  • Watchman74

    Obama will make ridiculous demands on the Republicans. If the Republicans capitulate, like they usually do, it’s a win for Obama if they don’t and the whole thing comes crashing down then he can blame the Republicans. Either way it’s a win win for him. I hate to say it but he’s like the Teflon president. Nothing seems to phase him and he always gets his way.

    • sDee

      Even if they capitulate, they will be blamed for the damage caused by not accepting everything. If they accept everything, Hussein and the State Media will change the story and say they did not.

      I really believe they only thing they can do at this point is hit every morning show, news show and newspaper saying…..

      “We understand that President Obama has stepped up to the plate with a plan he believes in. We will approve his Budget when we receive it, including tax increases he feels are necessary”.


    …when will we see the DEMONSTRATIONS (as in EGYPT 05/12/12) outside the White House to DETHRONE your DEAR LEADER CHAIRMAN PART II . I believe once we find out the MASSIVE AMOUNT OF FRAUD THAT WAS done on ELECTION DAY NOVEMBER 6th 2012.”

    • Susitna

      I was thinking exactly the same today while watching the news about Egypt.

  • Chris Witham

    No, Mr. President. We, the people, ought to remove you from office.

  • History shows, even recent history, that raising rates never amounts to the revenue increases as planned.

    For Obama this isn’t about raising rates. This is about radical leftard hate the rich Americans because they stole that wealth from the poor. This is Marxist and proves his upbringing.

    • Susitna

      For Obama it is about sending more of our hard earned money to his Muslim Brothers. He never tells us what he is planning to do with the taxes……..and he also didn’t tell us about the 6000+ regulations to come…….

  • tinlizzieowner

    I wish there were enough Republicans in Congress that had the guts to just hold the line and let Barry and his merry gang own this for the next 2 years. The media and the left are going to blame them for whatever transpires anyway.

  • repubboy

    So what ! King Obama has spoken !!! Time to bend over and take it where the sun don’t shine MR. Boehner IS THE FIRST IN LINE.. Then comes all the rest of the gutless Republicrats.

  • NJK

    He looks like a third world despot in that photo. He’s a thief.

  • Both parties $uck! RINO’s are looking to give in and the democrats are looking to blame republicans if they don’t. The Messiah must go.

  • Conniption Fitz

    Just say NO, Republicans.

    Just say NO.

  • bobemakk

    Why in the name of God can’t they just pass a flat tax. That way, the more you earn, the more you pay. Makes sense for decades, but these fools refuse to do it.

    • Kordane

      Quote: “the more you earn, the more you pay

      That’s a massive disincentive to creating wealth. Sure, a flat tax is better than what we have, but I don’t think it’s a good idea to offer a polished turd in exchange for an actual turd. Sure, you get a nicer turd, but it’s still a friggin turd!

      Quite frankly, the only system of funding a government that is consistent with individual rights is a system of voluntary donation. I’d certainly be willing to donate a little if I wasn’t taxed at all. I want the army, the police, and a court system. I just don’t want everything else. I’d be willing to pay something for those three things, but only those three things.