Wednesday, September 28, 2011

Republican should play fair

On Sept 19, 2011 President Obama came up with the term " buffet Plan". Basically it stops millionaires from taking advantatage from lower tax rates on investment earning. Obama named it after warren buffet the billionaire investor and the chief executive officer of Berkshire Hathaway. He has been quite vocal in arguing that the rich should be taxed more. Obama said "Middle-class families shouldn't pay higher taxes than millionaires and billionaires; that's pretty straightforward".


President Obama shakes hands with investor Warren Buffett after presenting him with a 2010 Presidential Medal of Freedom. One part of the president's deficit-reduction plan is named after Buffett, who suggested that high-income earners like him should pay more in taxes.                                   


















Republicans feels that if taxes increase then there wouldnt be any jobs to created.  They aint buying this so call "Buffet Plan". Rather they call it "Class Warfare". also republicans aint buying this new law.  they feel that they dont need to pay the same amount of taxes that the middle class does. Sen. Mitch McConnell (Republican Minority Lear) said "if Warren Buffet feels guilty then he should cut a check". and he also speaks for the republicans and says they dont want to raise taxes. The white house reaction is how can it be "Class Warfare" if all they are asking it to pay the same amount of tax as the middle class pays.

Thursday, September 15, 2011

Obama is through playing nice

E.J. Dionne from the Washington post says that Obama finally looked like a president. After watching his speech on YouTube about the american job act, I would agree because he is trying to make america a better place and also trying to help those who are unemployed. He also feels that the bill should be past so thousand of teacher can go back to work because he feels that students needs to be educated so that they can go on and be successful in the future. Obama also feel that veterans shouldnt have to struggle to find a job when they get home. I agree with this because it was hard to find a job when I got out of the army.

While watching the speech i notice some republicans that was there wasnt agreeing with some of the things he was saying. For example some Republicans feels that taxes shouldnt be raised. Warren Buffet make more money than his secretary ,but pay less taxes than she does. He feels that this situation should be fix because it not fair that he make so much money and pays less taxes. I feel that it isn't fair either because taxes shouldnt be raised for the middle class who works hard.