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JackRiddler wrote:.
I have no idea what's happened in the last few hours, however here is my report...
<snip>
These being my impressions, thanks for reading... JR
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JackRiddler wrote:Where was the organizing and the presence in the city itself? Who made an effort to get the message out to the unemployed, the poor, workers, antiwar groups, residents, all your populations that have a stake in this?
AlicetheKurious wrote:JackRiddler wrote:Where was the organizing and the presence in the city itself? Who made an effort to get the message out to the unemployed, the poor, workers, antiwar groups, residents, all your populations that have a stake in this?
JackRiddler wrote:AlicetheKurious wrote:JackRiddler wrote:Where was the organizing and the presence in the city itself? Who made an effort to get the message out to the unemployed, the poor, workers, antiwar groups, residents, all your populations that have a stake in this?
With a good feeling from the protest yesterday, I'm more confident that it will endure -- not "occupy Wall Street" on this round, but keep coming back and getting bigger -- and that word of it will spread from the initial group. At the very least, this initial group can create enormous visual presence around the city through stickers and posters, and keep coming back stronger every weekend.
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Sep 18, 3:44 AM EDT
Obama to seek a new tax rate for wealthy
By JIM KUHNHENN
Associated Press
WASHINGTON (AP) -- President Barack Obama is expected to seek a new base tax rate for the wealthy to ensure that millionaires pay at least at the same percentage as middle income taxpayers.
A White House official said the proposal would be included in the president's proposal for long term deficit reduction that he will announce Monday. The official spoke anonymously because the plan has not been officially announced.
Obama is going to call it the "Buffett Rule" for Warren Buffett, the billionaire investor who has complained that rich people like him pay a smaller share of their income in federal taxes than middle-class taxpayers.
Buffett wrote in a New York Times op-ed piece last month that he and his rich friends "have been coddled long enough by a billionaire-friendly Congress."
The measure would be in addition to $447 billion in new tax revenue that Obama is seeking to pay for his short-term spending and tax cutting plan to jump start the economy.
House Speaker John Boehner said Thursday he would oppose tax increases to reduce the deficit. Boehner has urged Congress' deficit "supercommittee" to lay the groundwork for a broad overhaul of the U.S. tax code.
The panel has almost unlimited authority to recommend changes in federal spending and taxes and is working against a deadline of Nov. 23.
Boehner said the panel has "only one option, spending cuts and entitlement reforms," a reference to government benefit programs such as Social Security, Medicare and Medicaid.
Any broad compromise that clears the bipartisan committee is almost certain to require Democratic agreement to savings from programs such as Social Security and Medicare, along with Republican acquiescence to additional revenues, although any such trade-offs are rarely discussed openly until the last possible moment in negotiations.
Obama's new tax proposal was first reported by the New York Times.
http://hosted.ap.org/dynamic/stories/U/US_OBAMA_TAXES
When the people fear their government, there is tyranny; when the government fears the people, there is liberty. - Thomas Jefferson
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