Pelosi suggests top earners should pay even more in taxes - POLL

House Minority Leader Nancy Pelosi of Calif., center, flanked by Rep. Joseph Crowley, D-NY, left, and Rep. Xavier Becerra, D-Calif., gestures during a news conference on Capitol Hill in Washington, Tuesday, Jan. 1, 2013, to discuss the fiscal cliff bill passed by the Senate last night that's waiting for a vote in the Republican-controlled House. The House Democrats met earlier with Vice President Joe Biden who has been shuttling between the White House and Capitol Hill to help negotiate a legislative path to avert the across-the-board tax increases and sweeping spending cuts that could damage the economy. (AP Photo/J. Scott Applewhite)

AP

House Minority Leader Nancy Pelosi of Calif., center, flanked by Rep. Joseph Crowley, D-NY, left, and Rep. Xavier Becerra, D-Calif., gestures during a news conference on Capitol Hill in Washington, Tuesday, Jan. 1, 2013, to discuss the fiscal cliff bill passed by the Senate last night that's waiting for a vote in the Republican-controlled House. The House Democrats met earlier with Vice President Joe Biden who has been shuttling between the White House and Capitol Hill to help negotiate a legislative path to avert the across-the-board tax increases and sweeping spending cuts that could damage the economy. (AP Photo/J. Scott Applewhite)

Should the rich pay even more in taxes?

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— House Democratic leader Nancy Pelosi isn't ruling out pushing for upper-income earners to pay more even after the "fiscal cliff" deal that raised their taxes.

She tells CBS' "Face the Nation" that "I'm saying that's not off the table." The California Democrats isn't getting into specifics but she does discuss changes to tax law that might involve deductions and other breaks.

The former House speaker also says the current Republican Party isn't the "Grand Old Party that did so many things for America that commanded so much respect." She says the country needs a strong GOP but she describes the current party as a "really over-the-edge crowd" that's dominated by an element of "anti-government ideologues" committed to opposing President Barack Obama.

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Comments » 9

RayPray writes:

in response to GorchFock:

(This comment was removed by the site staff.)

"Race the tax, solve the problems."

>>> So true! Minorities all demonstrated their patriotism by voting 100% for the Great OBAMA. All should thus have their taxes abrogated and issued double Food Stamp cards, with funds that can be used for cigarettes, gold teeth, and tattoos.

>>> White people proved their slimy racism by 50% voting against the Great Leader. So they should have their deductions halved & taxes doubled.

>>> Anybody pointing out the resemblance of Pelosi to

http://politicalhumor.about.com/libra...

or commenting on her multiple face lifts should get their taxes tripled!

26yearsonmarco writes:

I know the following video will be far over the head on the 1P's and Herr Dummkophhhhhhh of this World, but it makes sense to me.

http://www.youtube.com/watch?feature=...

1Paradiselost writes:

Hey 26.....

I thought you were not talking to me?

Ray....

47% for Romney... 52% for Obama... Get you facts right.
BTW.. Where is Leroy Acres?

Time to stop sending money to country's who hate us!

Time to stop subsidizing big oil companies!

Time for American corporations to start paying taxes!!

General Electric has paid nothing in taxes in the past 10 years. But Republicans don't want to hear that! This has got to stop!

RayPray writes:

in response to 1Paradiselost:

Hey 26.....

I thought you were not talking to me?

Ray....

47% for Romney... 52% for Obama... Get you facts right.
BTW.. Where is Leroy Acres?

Time to stop sending money to country's who hate us!

Time to stop subsidizing big oil companies!

Time for American corporations to start paying taxes!!

General Electric has paid nothing in taxes in the past 10 years. But Republicans don't want to hear that! This has got to stop!

1Paradiselost writes:

General Electric has not paid income taxes since Jack Welch was running the company back when Ronald Reagan was president.

You do remember back as far as the 1970's and 1980's? This type of tax evasion has had our nations leaders (both parties) support for decades!

In all fairness, you can't just blame the current administration for this problem.

It's just been "business as usual" for some 40 years.

26yearsonmarco writes:

THIS IS ONE OF THOSE DUH!!!! MOMENTS THAT I ENJOY READING ABOUT:

http://www.washingtontimes.com/news/2...

1Paradiselost writes:

Here is a list of the top 10 corporate deadbeats and slackers (thanks to Senator Bernie Sanders of Vermont):

1) Exxon Mobil made $19 billion in profits in 2009. Exxon not only paid no federal income taxes, it actually received a $156 million rebate from the IRS, according to its SEC filings.

2) Bank of America received a $1.9 billion tax refund from the IRS last year, although it made $4.4 billion in profits and received a bailout from the Federal Reserve and the Treasury Department of nearly $1 trillion.

3) Over the past five years, while General Electric made $26 billion in profits in the United States, it received a $4.1 billion refund from the IRS.

4) Chevron received a $19 million refund from the IRS last year after it made $10 billion in profits in 2009.

5) Boeing, which received a $30 billion contract from the Pentagon to build 179 airborne tankers, got a $124 million refund from the IRS last year.

6) Valero Energy, the 25th largest company in America with $68 billion in sales last year received a $157 million tax refund check from the IRS and, over the past three years, it received a $134 million tax break from the oil and gas manufacturing tax deduction.

7) Goldman Sachs in 2008 only paid 1.1 percent of its income in taxes even though it earned a profit of $2.3 billion and received an almost $800 billion from the Federal Reserve and U.S. Treasury Department.

8) Citigroup last year made more than $4 billion in profits but paid no federal income taxes. It received a $2.5 trillion bailout from the Federal Reserve and U.S. Treasury.

9) ConocoPhillips, the fifth largest oil company in the United States, made $16 billion in profits from 2007 through 2009, but received $451 million in tax breaks through the oil and gas manufacturing deduction.

10) Over the past five years, Carnival Cruise Lines made more than $11 billion in profits, but its federal income tax rate during those years was just 1.1 percent.

porschett writes:

in response to 1Paradiselost:

Here is a list of the top 10 corporate deadbeats and slackers (thanks to Senator Bernie Sanders of Vermont):

1) Exxon Mobil made $19 billion in profits in 2009. Exxon not only paid no federal income taxes, it actually received a $156 million rebate from the IRS, according to its SEC filings.

2) Bank of America received a $1.9 billion tax refund from the IRS last year, although it made $4.4 billion in profits and received a bailout from the Federal Reserve and the Treasury Department of nearly $1 trillion.

3) Over the past five years, while General Electric made $26 billion in profits in the United States, it received a $4.1 billion refund from the IRS.

4) Chevron received a $19 million refund from the IRS last year after it made $10 billion in profits in 2009.

5) Boeing, which received a $30 billion contract from the Pentagon to build 179 airborne tankers, got a $124 million refund from the IRS last year.

6) Valero Energy, the 25th largest company in America with $68 billion in sales last year received a $157 million tax refund check from the IRS and, over the past three years, it received a $134 million tax break from the oil and gas manufacturing tax deduction.

7) Goldman Sachs in 2008 only paid 1.1 percent of its income in taxes even though it earned a profit of $2.3 billion and received an almost $800 billion from the Federal Reserve and U.S. Treasury Department.

8) Citigroup last year made more than $4 billion in profits but paid no federal income taxes. It received a $2.5 trillion bailout from the Federal Reserve and U.S. Treasury.

9) ConocoPhillips, the fifth largest oil company in the United States, made $16 billion in profits from 2007 through 2009, but received $451 million in tax breaks through the oil and gas manufacturing deduction.

10) Over the past five years, Carnival Cruise Lines made more than $11 billion in profits, but its federal income tax rate during those years was just 1.1 percent.

And just what do you think will happen if these companies pay the tax rate supported by the liberals? They'll move their headquarters out of the US and take the jobs with them!

Now where would that leave us?

1Paradiselost writes:

This type of corporate welfare has been going on since the 1950's under Eisenhower! This is not a liberal or a conservative issue. This is an issue we face as Americans. Who are the free riders?

The problem with Americans today is to many of us take sides. (Left & Right as the post above points out) When battles confront us, we should work together as one voice, as Americans!

To many Americans are angry and power hungry, unwilling to compromise even when it's in their best interest to do so.

That willingness by some will bring an end to American as we know it. This unwillingness will not change America be for the better.

Read your history about the Roman Empire & what destroyed it. We ARE the modern Roman Empire. Beware, as history always repeats itself.

All Americans should pay something. Those roads and bridges you drive your family on were built by government, And a Republican I might add, not by so called "job creators".

That military that keeps us free is paid for by Government taxes.

Not Exxon Mobil or General Electric who pay nothing and collect Billions of tax payer money. They are no better than those on welfare or food stamps, who many here look down on.

Those companies call America home, knowing their profits will be safe from outside sources. Because the military of the United States of America protects them as they do you and your family.

So what is unfair about asking those corporations to pay their fair share as we do in sharing the American dream?

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