Why does Obama want to raise taxes on the rich?
To help the poor
Well Hes a way better president then Romney will be. Romney is going to raise our taxes for the middle class and going to cut out taxes for the rich! Obama has done many great things hes not the monster Romney is! You see Obama really tries but congress fights him...... We think its because hes black. If you want a good president VOTE Obama!
He has proposed a %500 percent increase on ammunition taxes and has supported many gun bans in the past, some are sensible some are just biased
They want to cut taxes.
No. The President has no power over taxes. He can ask Congress to raise the income tax, but they tend to do what they want to do. President Obama did ask Congress to increase the income tax on high incomes.
George W. Bush added over $4 trillion to the national debt. That is $4,000,000,000,000. How much did you get? Well now we have to pay the piper. Thanks Dubya. i hope obama gets us out of this debt........................fast!!!!!!!!!!!!!
obama not only wants to continue stem cell research but he wants to switch all the cars over to electricity which will not only take lots of years but will cost lots of tax payer money. i rest my case.
All he wants to do is raise taxes... for regular people... not for the lower paid people. President Obama has stated that he wants to reform healthcare, education and energy. He has policy issues regarding the wars in the Middle East, and he has an economic nightmare on his hands.
They pass a bill to raise taxes which becomes law if the Senate also passes it and the president signs it.
Obama loves taxes because he's a politician and all they want is more federal power. Obama's also a liberal and thus twice as bad as a normal politician. So Obama loves taxes because they add to the federal reserve.
Nothing at all but raise taxes abn get us killed by irqu, hes from irqu, and those people are our enemy's so that makes him our enemy. He is known to be a "Terrorist"hNo i disagree that's the case i think Obama will help all Americans i believe he is going to lower the taxes and help elderly senior citizens get a lower price on mediation and i just basically think he's a good president… Read More
''nothing'' lower taxes.
Yes and no. President Obama already signed two tax cuts, which were aimed at small businesses and working people, during his first term. He campaigned for his second term on keeping the Bush Tax Cuts in place for 98% of Americans, but allowing the tax breaks for the wealthiest 2% to expire. Thus, he does not have any plan to raise taxes on the vast majority of Americans, but he does want the wealthy to… Read More
While this is a popular prediction on Republican websites, the President has not made any such claim, nor said it was in his plans. He does want to raise taxes slightly on the wealthiest Americans, but rumors that he will tax all 401K plans are just that-- rumors.
No, he has said many times that he does not believe in increasing taxes on the wealthy, since he views them as job creators.
Yes. If the government elected by the people needs more revenue to provide the services the people want and need, then it can raise taxes to get that revenue. That is one of the primary functions of government. For example, in the United States, the Constitution gives the Congress the power to raise taxes in Article 1, Section 8.
because they are gits.
This is a politically charged subject, so this is highly debatable. But, I will tell you it is generally more helpful to cut taxes in a recession and raise taxes in an inflationary period. The reason you want to cut taxes in a recession(or just stick with an expansionary fiscal policy) is to increase Aggregate Demand is gain a state of growth. You would want to raise taxes in an inflationary period(or just have a… Read More
the rebublicans in the house of representatives dont want to pay taxes to wealthy and obama is trying to make a deal with them because if wealthy people arent payed taxes then there wont be enough money for peoples social security
State revenues generally come from income taxes and sales taxes. People respond negatively to attempts to raise these or other taxes. But there are things they want their state to do and are willing to pay for. As taxes go up, the people tend to elect leaders that want less spending.
Has President Obama sought to raise the taxes of American companies who operate overseas as he promised?
President Obama has only said he wants to close corporate loopholes that allow American companies to operate overseas without paying taxes. He does not want to punish American companies that have overseas branches-- his comments were about the companies that shift their operation overseas in name only, by setting up a shell company (which usually turns out to be a postal mailbox, not a real office). However, his effort to close these loopholes and end… Read More
Why did thomas Jefferson resist building a larger navy to fight british impressment of American sailors?
Jefferson did not want to raise taxes and did not want a large navy.
Why did thomas jefferson resist building a larger navy to fight british impressement of American sailors?
Jefferson did not want to raise taxes and did not want a large navy.
yes he wants to tax your life savings up to 55 percent when you die
To retain the Divine Right of Kings, so the King could raise any taxes he wanted.
merchants perspective: we need more roads and canal to improve our business we want the government to raise the taxes
Usually due to jealousy, because she has a well-paying career in television. However she also controversially stood up against plans to raise taxes for rich people (mansion tax). If you're a rich TV presenter and you want to win the hearts of the nation, of which most are struggling to get by on normal 9 to 5 jobs, you just simply do not publicly share your opinions against charging rich people extra taxes She controversially… Read More
There was propaganda, you see in order to equip, feed and train the troops the government had to raise taxes, plus they sent out propaganda, for example the Uncle Sam poster saying 'I WANT YOU IN THE ARMY'. The civilians paid taxes, and men were drafted
he is AWSOME!! he doesn't want to raise taxes, he's a republican, and he has adopted children. His VP is Sarah Palin, and he was a war vetran. VOTE FOR HIM!! (if ur smart) Oooookay!~!~!*
Normally in a recession the government would want to raise the equilibrium level of income. This can be done in one of two ways: by increasing government spending or by decreasing taxes.
According to what he has said on the campaign trail, he hopes to further lower them. He has already given two tax-cuts that were aimed at the middle class during his first four years in office, and would like to do more. (In fairness, it should be noted that many politicians say they want to lower taxes; it remains to be seen if congress will go along with what Mr. Obama says he wants to… Read More
Answer So that he can bring the citizens of the USA together and help the US return to the nation that it once was in the eyes of other countries. Barack Obama wants to be president because he wants to improve the economy, give a boost to struggling families by lowering their taxes and also improve peoples' lives.
the allow you to have the power to raise your cholesterol level up when you want. why would you want to raise it you say? to lower it, of course! the allow you to have the power to raise your cholesterol level up when you want. why would you want to raise it you say? to lower it, of course!
Yes. It is called taxation. The government collects income tax, social security tax, Medicare tax, corporate income tax, death taxes, property taxes etc. from people who have money sometimes called rich people. Then the government gives that money to other people who don't pay taxes in the form of social security, medicare, medicaid, earned income tax credits, tuition tax credits, education grants, unemployment compensation, section 8 housing vouchers, etc. To pay taxes you have to… Read More
Barack Obama wanted to be a president.
i havent heard anything yet like what he want to change obama want to change immigration
Barrack Obama want to be U.S.A PRESIDENT because he want to share his critical thinking with all the World.
Hamilton wanted national taxes because he wanted to supply the government with additional funds to make interest payments on national debt. Some wanted yo oppose the taxes because they believed Hamilton's plan would make speculators rich, and "establish at the expense of national justice, gratitude, and humanity."
Empires are very profitable. The British got very rich from theirs, while it lasted. More taxes, more troops, more trade, more slaves, more political power
Yes, Americans have to pay taxes even if they don't want to.
I don't think the term "liberal" was used when Adams was around, but no, I would say, he was not. ( In my dictionary, a liberal is a rich man who has enough money that he is immune to high taxes and want to re-distribute the wealth of the country via social programs and high taxes on the middle class- Adams was not like that.)
He did not want the taxes to be higher, he wanted the Clergy and the Nobility to also pay taxes so that not only the bourgeoisie had to pay all the taxes (since these were the poorest people).
yes because alot of people love hillary and would want her as vice president.hillary would get more things done. with the taxes and more.SO YES
barack obama wanted to change eveything
GOD i want become rich?
Why did the framers of the U.S. Constitution want the states to maintain significant power as a part of the federal system?
A. because states can raise an army B. because states can raise more money in taxes C. because states understand the needs of their local citizens D. because states understand government better than national politicians
Short answer: YES! President Obama wants to lower taxes for 98% of americans and small businesses. He would like to let tax breaks for individuals making over one million dollars a year expire. He would also work to close loopholes that big businesses use to avoid paying taxes (oil and gas companies post record profits every year, yet we still give them tax credits and subsidies)
Nothing the poor want money the rich want everything god fears the devil
Most of the Amish have some kind of Money. If you didn't have to pay taxes for roads and you didn't need to pay electric bills, water bills, and some other bills that other people have due to want.
I think OBAMA. I hope Obama anyway...
How is Obama like a hobo? They both desperately want your money.