Showing posts with label Tax. Show all posts
Showing posts with label Tax. Show all posts

Thursday, June 28, 2012

OBAMA Stephanopoulos Video 3:16 But you reject that it's a tax increase?

VIDEO AT 3:16


STEPHANOPOULOS:  But you reject that it's a tax increase?

OBAMA:  I absolutely reject that notion.



On "This Week," George Stephanopoulos and President Obama have a colorful discussion over Obama's health care reform proposal.

Stephanopoulos takes issue with a mandate that obligates Americans to purchase health insurance, or risk being fined as much as $900. "How is that not a tax?"

"A responsibility to get health insurance is not a tax increase," Obama said.

Stephanopoulos then tells Obama that he looked up the definition of "tax" in Merriam Webster's dictionary.

"The fact that you looked up... the definition of tax increase indicates that you're stretching a little bit right now," Obama responded.

Obama: Mandate is Not a Tax
ABC News Interview

Sep 20, 2009

GEORGE STEPHANOPOULOS: ...during the campaign.  Under this mandate, the government is forcing people to spend money, fining you if you don't. How is that not a tax?

OBAMA:  Well, hold on a second, George. Here - here's what's happening.  You and I are both paying $900, on average - our families - in higher premiums because of uncompensated care.  Now what I've said is that if you can't afford health insurance, you certainly shouldn't be punished for that.
That's just piling on. If, on the other hand, we're giving tax credits, we've set up an exchange, you are now part of a big pool, we've driven down the costs, we've done everything we can and you actually can afford health insurance, but you've just decided, you know what, I want to take my chances.  And then you get hit by a bus and you and I have to pay for the emergency room care, that's ...

STEPHANOPOULOS:  That may be, but it's still a tax increase.
OBAMA:  No.  That's not true, George.  The - for us to say that you've got to take a responsibility to get health insurance is absolutely not a tax increase.  What it's saying is, is that we're not going to have other people carrying your burdens for you anymore than the fact that right now everybody in America, just about, has to get auto insurance. Nobody considers that a tax increase. People say to themselves, that is a fair way to make sure that if you hit my car, that I'm not covering all the costs.

STEPHANOPOULOS:  But it may be fair, it may be good public policy ...
OBAMA:  No, but - but, George, you - you can't just make up that language and decide that that's called a tax increase.  Any ...

STEPHANOPOULOS:  Here's the ...

OBAMA:  What - what - if I - if I say that right now your premiums are going to be going up by 5 or 8 or 10 percent next year and you say well, that's not a tax increase; but, on the other hand, if I say that I don't want to have to pay for you not carrying coverage even after I give you tax credits that make it affordable, then ...

STEPHANOPOULOS:  I - I don't think I'm making it up. Merriam Webster's Dictionary: Tax - "a charge, usually of money, imposed by authority on persons or property for public purposes."

OBAMA:  George, the fact that you looked up Merriam's Dictionary, the definition of tax increase, indicates to me that you're stretching a little bit right now.  Otherwise, you wouldn't have gone to the dictionary to check on the definition.  I mean what ...

STEPHANOPOULOS:  Well, no, but ...

OBAMA: ... what you're saying is ..
.
STEPHANOPOULOS:  I wanted to check for myself.  But your critics say it is a tax increase.

OBAMA:  My critics say everything is a tax increase.  My critics say that I'm taking over every sector of the economy.  You know that. Look, we can have a legitimate debate about whether or not we're going to have an individual mandate or not, but ...

STEPHANOPOULOS:  But you reject that it's a tax increase?

OBAMA:  I absolutely reject that notion.

Thursday, February 2, 2012

Obama Uses Jesus Christ to Push Tax Hikes



Obama Uses Jesus to Push Tax Hikes



Obama: Jesus would tax the rich


By: Jennifer Epstein, Politico
February 2,


President Barack Obama tied his proposal to raise taxes on wealthy Americans to his faith on Thursday, telling leaders gathered for the National Prayer Breakfast that Jesus’ teachings have led him to that conclusion.

The rich pay more not only because “I actually think that is going to make economic sense, but for me as a Christian, it also coincides with Jesus’s teaching that ‘for unto whom much is given, much shall be required.’” Obama said at the Washington Hilton, delivering remarks at an annual event that every president has attended since Dwight D. Eisenhower.

“We can all benefit from turning to our creator, listening to him,” Obama said. “Avoiding phony religiosity…. This is especially important right now when we’re facing some big challenges as a nation.”

“When I talk about our financial institutions playing by the same rules as folks on Main Street, when I talk about making sure insurance companies aren’t discriminating against those who are already sick or making sure that unscrupulous lenders aren’t taking advantage of most vulnerable among us,” Obama said, “I do so because I genuinely believe it will make the economy stronger for everybody, but I also do it because I know far too many neighbors in our country have been hurt and treated unfairly over the last few years. And I believe in God’s command to ‘love thy neighbor as thyself.’”  source:
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