Did Obama Make Tax Cuts for the Rich Permanent by Kicking Them to 2012?

I think that this country is going somewhere and it is not where it needs to be. how can you go to bed at night knowing that you are responsible for people committing crimes because they cannot find jobs or even keep a steady job. This country is totally ridiculous! The Repoblicians and yes I spelled just as I see it... they are robbing the middle and lower income class blind. It is very said. There are several things that we cannot do but the upper class can at a drop of a dime... there are days that I cannot go to work because I don't have no money for gas... not because I dont' budget but I am a single mother of four and my state is run by old southern nationals and that is another story and it is hard to maintain when you cannot get a break. Last year was the best year of my life I kept my bills paid I had money and I could provide for my family. So now I have to start thinking of a bettter way to provide and stay afloat for my children because the greedy goats are thinking of their college buddies and close friends. It is said enoguh that they are getting more out of this situation than anyone else. We the people make up this country and it is sad that we really do not have a voice unless we are rich or better yet make over $250,000. I only wish I could make 30,000 to survive. My insurance that is taken from a 2174.00 a month income is 300.00 dollars for family coverage. I have house note, car note, car insurance, utilities, cell phones, and groceries. My little income a month is like pocket change to the people that make over $250,000 ; hell anybody that makes 75,000 a year... Middle class and lower class struggle too hard to be shut out. When will we get a break... I would love to have my head above water...

I'm so sick that the "rich" are considered those making 250,000. if you live in highly taxed Westchester county in New York State and have children you are not rich by any means. Why is it that the govt. acknowledges that the poor in this area can still be considered poor even though they are 200% higher than the National income level that is conisdered poor (because of the ocst of living) but the upper bracket is not adjusted. Let's face it all income brackets should be adjusted by region.

We’re witnessing an instructive "only in "America" story in the making: Only in America can the democratic process beget the enrichment of the few in exchange for the impoverishment of the many. In our fellow 3rd world countries, the people dream of democracy as the cure for domination by a greedy, heartless privileged class.

If President Obama allows the tax cuts for the rich to continue he will lose my support for a second term. End of discussion !

i did vote for obama but he should not let tax be cut, people need it and too help people to get a job, lots of people need a support all time.

High earners (as distinct from the truly wealthy, who already have a pile) do not stuff cash in mattresses, which is about the only way you could prevent a social benefit. What does occur is that cash earnings not spent on consumption go to investments, which builds jobs; or savings, which provides the capital for consumer and small business lending. I fail to see that the money would serve society better if it went into an overpaid, underworked Federal bureaucrat's pension fund.

Dear Madam Speaker: I oppose acceding to Republican demands to extend the Bush tax cuts to millionaires and billionaires for two reasons. First, it is fiscally irresponsible. Adding $700 billion to our national debt, as this proposal would do, handcuffs our ability to offer a balanced plan to achieve fiscal stability without a punishing effect on our current commitments, including Social Security and Medicare. Second, it is grossly unfair. This proposal will hurt, not help, the majority of Americans in the middle class and those working hard to get there. Even as Republicans seek to add $700 billion to our national debt, they oppose extending unemployment benefits to workers and resist COLA increases to seniors. Without a doubt, the very same people who support this addition to our debt will oppose raising the debt ceiling to pay for it. I support extending tax cuts in full to 98 percent of American taxpayers, as the President initially proposed. He should not back down. Nor should we.

I voted for Obama in 2010, but I won't again. He completely abandoned those of us who supported him. Really sad.

Is my memory failing me, or do I remember Republicans being totally upset about deficits for the year leading up to the 2010 election - and is my memory failing me when I can't recall deficits being a Republican concern during 8 years of the Ronald Reagan and 8 years of theGeorge W. Bush presidencies? Am I missing something, or are deficits no longer a concern when it comes to continuing the tax breaks for the wealthiest? What happened to the small businesses that were supposed to start up as a result of the Bush tax cuts to the wealthy? Have I missed those, too?

The government spends $1.50 for every $1 it collects from taxes. If you tax the rich more, the government will spend 150% of what they get from taxes. The deficit keeps growing. So what's the point of increasing taxes on the rich if it serves no purpose other than pissing them off and hurting the economy in the long run ?