Tuesday, November 13, 2012

Obama Calms Progressive Fears on Tax Promise


Good work, Mr. President. Stand your ground with Boehner and the rest! You have a mandate from all of us and we want the wealthy to pay their share of taxes. It's a whole new world and they will have to deal.

Huffington Post
President Barack Obama will enter high-stakes budget negotiations firmly committed to seeing the tax rates for high-income earners rise to pre-George W. Bush levels, he assured a gathering of progressive and labor leaders on Tuesday.

"I am not going to budge," he told the group, according to an attendee who relayed material from the meeting on condition of anonymity. "I said in 2010 that I'm going to do this once, and I meant it."

. . . Several sources at the meeting said the president was, as one noted, "more nuanced than going off the cliff." Obama hopes to place "maximum pressure on House Republicans so at the end of the day he may be able to budge them," the source added.

"It seemed like he meant it," the first source said. "That suggests that they are ready to go over the ledge."

Following the meeting, a handful of attendees spoke briefly to the press, praising Obama for vowing to firmly oppose an extension of the tax cuts for the wealthy.

"It was a very, very positive meeting," said AFL-CIO President Richard Trumka. "We're very committed to making sure that the middle class and workers don't end up paying the tab for a party that we didn't get to go to, and the president is committed to that as well."

"The president was really standing firm on taxes," said Neera Tanden, president of the Center for American Progress. "Everyone in the room talked about how much they have the president's back in this fight."

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