As someone whose taxes will go up, I say....

[brooklynite]

Good Show!

As someone who's household income in the the top 1%, I agree that we are going to have to raise revenue, and the President was right to say so.

As someone who works in the Government and can see inefficiences in both management and labor, I agree that spending should be trimmed, and the President was right to say so.

As someone who is politically active, I agree that the Republican alternative proposals are dangerous, and the President was right to say so.

And, as someone who is politically aware, I have learned that the public wants a mainstream bipartisan solution, rather than an appeal to the philosophy of one side or the other, and the President was right to say so.

[Taverner]

1. As a California homeowner, I say "Eliminate Prop 13"!!!

[driver8]

8. AMEN!!!!!

Prop 13 need to go, NOW!

[LynneSin]

9. as someone who doesn't live in California and too lazy to google...

what is Prop 13 again?

[Taverner]

13. "Initiative to Limit Property Taxation"

Proposition 13 (officially named the People's Initiative to Limit Property Taxation) was an amendment of the Constitution of California enacted during 1978, by means of the initiative process. It was approved by California voters on June 6, 1978. It was declared constitutional by the United States Supreme Court in the case of Nordlinger v. Hahn, 505 U.S. 1 (1992). Proposition 13 is embodied in Article 13A of the Constitution of the State of California.

The most significant portion of the act is the first paragraph, which limited the tax rate for real estate:

Section 1. (a) The maximum amount of any ad valorem tax on real property shall not exceed one percent (1%) of the full cash value of such property. The one percent (1%) tax to be collected by the counties and apportioned according to law to the districts within the counties.

The proposition decreased property taxes by assessing property values at their 1975 value and restricted annual increases of assessed value of real property to an inflation factor, not to exceed 2% per year. It also prohibited reassessment of a new base year value except for (a) change in ownership or (b) completion of new construction.

In addition to decreasing property taxes, the initiative also contained language requiring a two-thirds majority in both legislative houses for future increases of any state tax rates or amounts of revenue collected, including income tax rates. It also requires a two-thirds vote majority in local elections for local governments wishing to increase special taxes. Proposition 13 received an enormous amount of publicity, not only in California, but throughout the United States.

EDITED FOR SPELLING


http://en.wikipedia.org/wiki/Proposition_13

[krabigirl]

12. I agree!

[ladjf]

2. I'm guessing that there are many in your financial situation that will

agree with you. That's good.

[EFerrari]

3. Nothing about jobs. As someone who is unemployed

that's a big disappointment.

[brooklynite]

4. Nothing about jobs in his Libya speech either...

This was about the deficit. Not saying your situation isn't important, but you don't put everything in every speech.

[DJ13]

6. Increasing jobs would increase the tax base

Yes jobs are a part of deficit reduction.

[EFerrari]

7. Which argues the underlying position that the productivity of American workers

is not an important element in our economy as seen from DC, doesn't it.

It's as though the government has forgotten entirely why it exists or how it is funded.

[Angry Dragon]

5. +1000

[safeinOhio]

10. The rich pay the same tax I do.

I make about 35k and the rich pay the same tax I do on their first 35K. They pay more on the greater amount, which I'd be more than willing to do to make what they do.

[soleft]

11. Mayor Bloomberg?

[Sonoman]

14. I have no problem with higher taxes, but I know some people....

who will be absolutely outraged.

I don't even want to check my email.

Sonoman

[eridani]

15. Nowhere near that, and I don't care my taxes go up by $150 or not

Anyone to whom that amount would make a difference in their yearly budget just isn't paying income tax at all.

[BlancheSplanchnik]

16. I'm with you--

anyone of conscience would agree. (Which is why the Corporate Fascists disagree.)

KnR