U.S.: Obama announces changes in tax system
September 19, 2011
“It’s unfair that the middle class earners pay more than $ 50 million a year,” Obama said when announcing the changes in U.S. tax system.
“Nobody wants to punish anyone, how great this country is that everyone can do what he wants is the land of opportunity. What I say is that all we did well, myself included, we must pay what our favor ”Obama said.
He added: “We can not afford these special low rates for the rich. We can not afford when we are facing with these big deficits”
Barack Obama announced in the Government House’s plan to decrease the fiscal deficit affecting the country. 3 billion dollars will be cut. Half of that amount will be financed by tax increases greater resources sectors and corporations.
In turn, the president said the government is already making cuts in areas like health state but “it will not be an excuse for not having the greatest coverage or that poor children have no care.’ll Change things, but not neglect. ”
Referring to proposals made these days by Republicans who said: “I will not support any plan that puts the burden of economic recovery in citizens who have less.’ll Veto any measure affecting the social benefits of Medicare [health plan free] but not the rich ”
Thus he insisted: “We will reform this government spending, but that does not solve our fiscal problems. In fact, these cuts will not do if we need it not. So I ask everyone to do their efforts.”
Obama said he was willing to deal with the Republican Party a comprehensive tax reform, arguing that it is not fair that millionaires enjoy tax freedom.
“Companies that have relationships with major lobbyists do not have to have exemptions, but those who invest in the United States and create jobs in the country,” adding: “The middle classes do not have to pay more taxes than millionaires is wrong, is not fair. A nurse pay more taxes than someone making $ 50 million in the year. ”
“This is not class warfare, it is math,” Obama said. The argument is that without raising taxes for those who have the resources to pay, the deficit could be trimmed.