News / USA

Obama's Next Campaign: More Taxes for Rich Americans

President Barack Obama hosts bipartisan meeting with Congressional leaders, Roosevelt Room of White House, November 16, 2012.President Barack Obama hosts bipartisan meeting with Congressional leaders, Roosevelt Room of White House, November 16, 2012.
x
President Barack Obama hosts bipartisan meeting with Congressional leaders, Roosevelt Room of White House, November 16, 2012.
President Barack Obama hosts bipartisan meeting with Congressional leaders, Roosevelt Room of White House, November 16, 2012.
Kent Klein
President Barack Obama's re-election campaign may be over, but his economic campaign continues.  The president is appealing to business and labor leaders, lawmakers and the public to press Republicans in Congress to go along with his plan to raise taxes on the wealthiest Americans. In his successful re-election campaign, Obama made relentless calls to middle class Americans to support his program of higher taxes for the rich and continued tax cuts for everyone else.

"Our fight goes on because this nation cannot succeed without a growing and thriving middle class," Obama said over and over again.

Since winning a second term on November 6, the president has been using a similar strategy to push for increased taxes for high income Americans while preserving the existing rate for the middle class. In a news conference this past Wednesday, Obama mentioned the middle class 21 times.

"We should not hold the middle class hostage while we debate tax cuts for the wealthy.  We should at least do what we agree on, and that is to keep middle class taxes lower."

The president, along with the top Democrats and Republicans in Congress, have begun negotiations, hoping to avert what is being called the "fiscal cliff."

The Republican Speaker of the House, John Boehner, is holding firm in his demand for an agreement to cut spending on some social programs, but says he is willing to compromise on taxes.

"To show our seriousness, we have put revenue on the table, as long as it is accompanied by significant spending cuts," Boehner said.

To shrink the U.S. budget deficit, the White House wants an additional $1.6 trillion in revenues over 10 years, about twice what the president sought in the previous negotiations, in 2011. Under that agreement, deep government spending cuts would take effect and tax breaks would expire January 1, 2013.

Stan Collender works with clients in the financial industry at the Washington-based public relations firm Qorvis Communications. He says Obama's re-election and the urgency of the impending fiscal cliff give the president a political advantage in the talks.

"The tax increases will go into effect automatically, and the spending cuts will go into effect automatically," Collender said. "These are things the Republicans would like to stop, but the only way they can stop is by having legislation that the president will sign."

Nonetheless, the president is taking no chances. He has hosted meetings with numerous influential Americans, seeking their support. The president is most interested in gaining the backing of major corporate executives, many of whom are Republicans, said Collender.

"The president would love to get the business community to say to the Republicans, 'Look, we agree at this point that tax increases are needed.  Let’s stop messing around with this, because you are going to hurt the economy, hurt our sales, hurt our stock prices,''' he said.

Obama also met with labor leaders, such as AFL-CIO President Richard Trumka, whose support is more assured.

"We’re committed to making sure that the middle class and workers don’t end up paying the tab for a party that we didn’t get to go to," Trumka said.

In addition, the president met with the leaders of civil rights organizations, such as the National Urban League and the National Council of La Raza, rallying their support.

And some of those who worked on the president's reelection campaign are now pressuring lawmakers, mainly Republicans, to back the president's tax proposal.

"I think we are all aware that we have some urgent business to do," said Obama. Negotiations are set to resume the last week in November.

You May Like

Video Genome Initiative Urgently Works to Freeze DNA Before Species Go Extinct

Smithsonian senior research botanist Vicki Funk says ultimate goal is 'trying to get one-half of the diversity of plant life on Earth at the genus level in two years' More

Video Russia Accused of Abusing Interpol to Pursue Opponents

Report from member of British think tank says Russian extradition requests keep targets from traveling More

US Lawmakers Weigh Turkish Anti-terror Moves

Turkey’s two-pronged campaign against Islamic State militants, Kurdish PKK forces provokes mixed reactions on Capitol Hill More

This forum has been closed.
Comment Sorting
Comments page of 2
    Next 
by: erectz from: usa
November 20, 2012 4:49 AM
I want everyone who wants a job (including my husband) to be able to get one! I don't want my mom to continue to struggle as her hours and benefits get cut, or another family member to have been forced to walk away from his house that he fought so hard to save! I don't want damn entitlements; I want our family to work for our money and make a living! And yet the whiny children that voted for Obama cannot seem to get enough motivation to get off their lazy butts and get a job!!

by: david lulasa from: tambua,hamisi,vihiga,keny
November 20, 2012 4:34 AM
countries getting aid from USA should also be taxed in some way,because if there was no aid given to other countries as is anually,there would be no need to tax rich americans further so as to be responsible...but anyway,the rich had been getting favours where by they didnt pay a fixed tax like others earning below the tax relaxation mark.

king tut

by: kelly from: MN
November 19, 2012 1:07 AM
I really love Obama! My God, I just cannot get over how wonderful he is! Thanks to him, my husband STILL cannot find a full-time job, and we may very well have to enroll in Obamacare to at least give our son coverage. I DON'T WANT TO BE DEPENDENT ON THE GOVERNMENT!!!! I want everyone who wants a job (including my husband) to be able to get one! I don't want my mom to continue to struggle as her hours and benefits get cut, or another family member to have been forced to walk away from his house that he fought so hard to save! I don't want damn entitlements; I want our family to work for our money and make a living! And yet the whiny children that voted for Obama cannot seem to get enough motivation to get off their lazy butts and get a job!!!! If a person is physically/mentally unable to work, that's one thing. However, if you're too damn lazy to get a job, I sure as hell am not paying for you! America is on the road to destruction; no doubt in my mind. Thanks, all you idiot liberals! I hope you get financially strapped, lose your job, have to pay $6 for gas, lose your home, be stressed as hell wondering how you will support your family (like we've been) and I believe that kind of punishment is just for your massive ignorance and stupidity!
In Response

by: J from: Kansas
November 19, 2012 12:09 PM
I voted for Obama and I have a full time job. I have always had a full time job. You lost because you are out of touch and misguided. Maybe your husband is too picky. If he really wanted to work he should take what he can find until something opens up in his field, whatever that is. And fyi, I have never received government benefits and I don't intend to. I would like to receive my Social Security benefits when I retire, seeing as how I've been paying for them my entire life. You are a hateful person Kelly. I see that alot in Republicans.

by: rgw46 from: usa
November 18, 2012 2:36 PM
have idea--pass around--ALL Gov. workers..except military..NO pay/retirement/Ins...until debt paid off..DONE..people should DEMAND it..we pay these clowns.STOP there goodies..see if these CAREER politicians will then be serious..

by: mar from: ny
November 18, 2012 8:45 AM
maybe the members of congres should trim there budget

do they really need 1.6 million + to get there job done

by: Yoshi from: Sapporo
November 18, 2012 7:47 AM
I think extraordinally rich people are not against Obama's policy, higher taxes for them. They have a difficulty in finding the way how to spend their money. Donation is limited. They should get honors by public as philantropists of high tax payer.

by: David McGill from: Houston, Texas
November 17, 2012 9:07 PM
Money is power. The Demoncrats live on power. They need more money so they want to tax the "rich". This is biting the hand that feeds them and the American Economy. So I guess the spirial to oblivion will continue. God help all those that voted for Obama and his cluless associates.

by: Lamp173
November 17, 2012 8:27 PM
God bless Obama

by: tim from: Ohio
November 17, 2012 8:17 PM
This president will send us back in recession and towards Greece

by: Jim from: Hawaii
November 17, 2012 8:14 PM
Obama is campaigning to make Bush's tax cuts PERMANENT for 98% of taxpayers. This headline is basically a sensationalist one that ignores the more significant issue of making tax cuts for the vast majority of Americans permanent.
Comments page of 2
    Next 

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Russia Accused of Abusing Interpol to Pursue Opponentsi
X
Henry Ridgwell
July 28, 2015 9:53 PM
A British pro-democracy group has accused Russia of abusing the global law enforcement agency Interpol by requesting the arrest and extradition of political opponents. A new report by the group notes such requests can mean the accused are unable to travel and are often unable to open bank accounts. VOA's Henry Ridgwell reports.
Video

Video Russia Accused of Abusing Interpol to Pursue Opponents

A British pro-democracy group has accused Russia of abusing the global law enforcement agency Interpol by requesting the arrest and extradition of political opponents. A new report by the group notes such requests can mean the accused are unable to travel and are often unable to open bank accounts. VOA's Henry Ridgwell reports.
Video

Video Genome Initiative Urgently Moves to Freeze DNA Before Species Go Extinct

Earth is in the midst of its sixth mass extinction. The last such event was caused by an asteroid 66 million years ago. It killed off the dinosaurs and practically everything else. So scientists are in a race against time to classify the estimated 11 million species alive today. So far only 2 million are described by science, and researchers are worried many will disappear before they even have a name. VOA’s Rosanne Skirble reports.
Video

Video Scientists: One-Dose Malaria Cure is Possible

Scientists have long been trying to develop an effective protection and cure for malaria - one of the deadliest diseases that affects people in tropical areas, especially children. As the World Health Organization announces plans to begin clinical trials of a promising new vaccine, scientists in South Africa report that they too are at an important threshold. George Putic reports, they are testing a compound that could be a single-dose cure for malaria.
Video

Video Special Olympics Athletes Meet International Friends

The Special Olympics are underway in Los Angeles, California, with athletes from 165 countries participating in an event that gives people with intellectual disabilities the chance to take part in an international competition. VOA's Mike O'Sullivan reports that for athletes and their families, it's also an opportunity to make new friends in an international setting.
Video

Video 'New York' Magazine Features 35 Cosby Accusers

The latest issue of 'New York' magazine features 35 women who say they were drugged and raped by film and television celebrity Bill Cosby. The women are aged from 44 to 80 and come from different walks of life and races. The magazine interviewed each of them separately, but Zlatica Hoke reports their stories are similar.
Video

Video US Calls Fight Against Human Trafficking a Must Win

The United States is promising not to give up its fight against what Secretary of State John Kerry calls the “scourge” of modern slavery. Officials released the country’s annual human trafficking report Monday – a report that’s being met with some criticism. VOA’s National Security correspondent Jeff Seldin has more from the State Department.
Video

Video Iran Nuclear Pact Wins Few New US Congressional Backers

Later this week, President Barack Obama returns from a trip to Africa to confront a U.S. Congress roiled by the nuclear accord with Iran, an agreement that has received the blessing of the U.N. Security Council. Days of intensive lobbying and testimony by top administration officials have won few new congressional supporters of the pact. VOA’s Michael Bowman reports.
Video

Video Washington DC Underground Streetcar Station to Become Arts Venue

Abandoned more than 50 years ago, the underground streetcar station in Washington D.C.’s historic DuPont Circle district is about to be reborn. The plan calls for turning the spacious underground platforms - once meant to be a transportation hub, - into a unique space for art exhibitions, presentations, concerts and even a film set. Roman Mamonov has more from beneath the streets of the U.S. capital. Joy Wagner narrates his report.
Video

Video Europe’s Twin Crises Collide in Greece as Migrant Numbers Soar

Greece has replaced Italy as the main gateway for migrants into Europe, with more than 100,000 arrivals in the first six months of 2015. Many want to move further into Europe and escape Greece’s economic crisis, but they face widespread dangers on the journey overland through the Balkans. VOA's Henry Ridgwell reports.
Video

Video Stink Intensifies as Lebanon’s Trash Crisis Continues

After the closure of a major rubbish dump a week ago, the streets of Beirut are filling up with trash. Having failed to draw up a plan B, politicians are struggling to deal with the problem. John Owens has more for VOA from Beirut.
Video

Video Paris Rolls Out Blueprint to Fight Climate Change

A U.N. climate conference in December aims to produce an ambitious agreement to fight heat-trapping greenhouse gases. But many local governments are not waiting, and have drafted their own climate action plans. That’s the case with Paris — which is getting special attention, since it’s hosting the climate summit. Lisa Bryant takes a look for VOA at the transformation of the French capital into an eco-city.
Video

Video Racially Diverse Spider-Man Takes Center Stage

Whether it’s in a comic book or on the big screen, fans have always known the man behind the Spider-Man mask as Peter Parker. But that is changing, at least in the comic book world. Marvel Comics announced that a character called Miles Morales will replace Peter Parker as Spider-Man in a new comic book series. He is half Latino, half African American, and he is quite popular among comic book fans. Correspondent Elizabeth Lee reports from Los Angeles.
Video

Video Critics of Japan Defense Policy Focus on Okinawa

In Okinawa, many locals have long complained that Tokyo places an unfair burden on the tiny island by locating most of Japan's U.S. military bases there. As Japan's government moves toward strengthening and expanding the country's defense policies, opponents of those plans are joining local protesters in Okinawa, voicing concern about where the country is headed. VOA’s Brian Padden reports from Okinawa.
Video

Video IS Uses Chemical Weapons in Syrian Attack

Islamic State militants have added a new weapon in their arsenal of fear: chemical weapons. VOA Kurdish service reporter Zana Omer was on the scene within hours of a recent attack in Hasakah, Syria, and has details of the subsequent investigation, in this report narrated by Miguel Amaya.
Video

Video Historic Symbol Is Theme of Vibrant New Show

A new exhibit in Washington is paying tribute to the American flag with a wide and eclectic selection of artwork that uses the historic symbol as its central theme. VOA’s Julie Taboh was at the DC Chamber of Commerce for the show’s opening.

VOA Blogs