Obama Is Flexible On Highest Tax Rates

[JDPriestly]

43. And your optimism is based on what facts?

Did President Obama say anything about raising capital gains taxes? And do you seriously think that John Boehner would agree to that? Or any other Republican in the House for that matter?

Neither higher capital gains tax rates nor a return to earlier rates will happen. Not for years anyway. The votes just are not there.

We will be lucky if we can avoid giving the rich a tax break on the money they repatriate from their lucrative overseas investments. As long as the Republicans have the majority in the House where tax legislation originates, we will barely be able to hold onto what we have now.

Face it. We have a lot of treasonous rich people in this country. They fatten their investment portfolios by weakening American industry and infrastructure.

I assure you. We could have wholesale publication of every military secret we have right now, and it would not harm us nearly as much as the refusal by wealthy Americans to pay a fair share of the wealth of the nation in taxes and to invest their money in the third world.

Ordinary, working class Americans pay dearly in terms of jobs, education, opportunities and savings for every dime a guy like Romney makes -- and he makes a lot of dimes.