Taxes just went up: Will the government make more money? YouTube video says no

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  • oldschool Farmington, UT
    Jan. 8, 2013 10:19 a.m.

    Obama never raised taxes on the wealthy to raise revenues. He is not that stupid and previously had demonstrated his awareness that raising taxes can hurt the economy, which in turn can reduce federal revenues. He raised taxes on the wealthy because he is a socialist whose primary goal is to redistribute income as he sees fit, not to improve the economy through trickle-down economics. He doesn't think it's right that one person can earn far more than another person through hard work, luck, circumstances or whatever. In his mind he is simply fulfilling a prophecy in the Bible, in which he mildly believes -- that those with the most and the least will reverse roles.

  • worf Mcallen, TX
    Jan. 7, 2013 9:34 p.m.

    So we will go over the cliff? Weren't people upset with the Bush tax cuts?

  • the truth Holladay, UT
    Jan. 7, 2013 8:26 p.m.

    the government does not "make" money.

    the government has NO revenue. IT should NEVER be called revenue, it is taxes.

    all the government does is take away people's money,

    and spends it on what will satisfy an ideology or buy votes and ultimately grow government and its power and control.

    Only the extreme left believes taxing the rich will make any difference. IT will not and can not. It is just a drop in the bucket. And the supper rich like gates or buffet are not even touched (no wonder buffet talks about raising taxes on the rich), they have already made their! It is only the working rich that will pay more taxes, those that are creating and running businesses. In other words unless you are a big donator to the LEFT you will be punished for being successful.

    Until there is recognition that spending is the problem nothing will change.

  • worf Mcallen, TX
    Jan. 7, 2013 8:15 p.m.

    one vote,--remember! the wealthy pays eighty percent of the taxes

    Many honorable wealthy people, are victims of the greedy crooks, and not all on welfare folks, are beggars without honor. Only wise people can see clearly.

  • one vote Salt Lake City, UT
    Jan. 7, 2013 6:22 p.m.

    Of course and pay the debts. The bush wealthy tax gift should have been reversed the second he declared a second war. No patriot would have whined for years.

  • Jake2010 bountiful, ut
    Jan. 7, 2013 5:46 p.m.

    No, they won't because every dime that they take has already been spent... They will NEVER get even!

  • worf Mcallen, TX
    Jan. 7, 2013 4:56 p.m.

    You will not see our taxes go up a single dime in any form.--Barack Obama 2008

    Nuff said--don't worry, be happy