"Worst of all, this is a vision that says even though America can’t afford to invest in education or clean energy; even though we can’t afford to care for seniors and poor children, we can somehow afford more than $1 trillion in new tax breaks for the wealthy. Think about it. In the last decade, the average income of the bottom 90% of all working Americans actually declined. The top 1% saw their income rise by an average of more than a quarter of a million dollars each. And that’s who needs to pay less taxes? They want to give people like me a two hundred thousand dollar tax cut that’s paid for by asking thirty three seniors to each pay six thousand dollars more in health costs? That’s not right, and it’s not going to happen as long as I’m President."
President Obama
Wow. Our president sounds like Senator Bernie Sanders.
(via pantslessprogressive)
FINALLY! A politician who is (apparently) putting his job on the line to do what is right!
(via accol)
Standing. fucking. ovation.
(via actyourrage)
I’m pretty sure this disparity still exists….? Hello, Obama, it is happening while you are President:
The Bush tax cuts had sunset provisions that made them expire at the end of 2010. Whether to renew the lowered rates and how became the subject of extended political debate, which was resolved during the presidency of Barack Obama by a two-year extension that was part of a larger tax and economic package, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. Source.
But hey, at least we have Hope.
(Source: whitehouse.gov, via kittencoaster)
