OBAMA: You & I Need To Start "Paying A Little More In Taxes" - MR. ZUCKERBERG: "I'm Cool With That"

[kpete]

So we’ve got to look at spending both on non-security issues as well as defense spending. And then what we’ve said is let’s take another trillion of that that we raise through a reform in the tax system that allows people like me -- and, frankly, you, Mark -- for paying a little more in taxes. (Laughter.)

So we’ve got to look at spending both on non-security issues as well as defense spending. And then what we’ve said is let’s take another trillion of that that we raise through a reform in the tax system that allows people like me -- and, frankly, you, Mark -- for paying a little more in taxes. (Laughter.)

MR. ZUCKERBERG: I’m cool with that.

THE PRESIDENT: I know you’re okay with that. (Laughter.) Keep in mind, what we’re talking about is going back to the rates that existed when Bill Clinton was President. Now, a lot of you were -- (laughter) -- I’m trying to say this delicately -- still in diapers at that time. (Laughter.) But for those of you who recall, the economy was booming, and wealthy people were getting wealthier. There wasn’t a problem at that time. If we go back to those rates alone, that by itself would do a lot in terms of us reducing our overall spending. And if we can get a trillion dollars on the revenue side, $2 trillion in cutting spending, we can still make investments in basic research.

THE PRESIDENT: I know you’re okay with that. (Laughter.) Keep in mind, what we’re talking about is going back to the rates that existed when Bill Clinton was President. Now, a lot of you were -- (laughter) -- I’m trying to say this delicately -- still in diapers at that time. (Laughter.) But for those of you who recall, the economy was booming, and wealthy people were getting wealthier. There wasn’t a problem at that time. If we go back to those rates alone, that by itself would do a lot in terms of us reducing our overall spending. And if we can get a trillion dollars on the revenue side, $2 trillion in cutting spending, we can still make investments in basic research.

.......

complete transcript:
http://www.whitehouse.gov/the-press-office/2011/04/20/remarks-president-facebook-town-hall

[liberal N proud]

1. There you go, he is raising taxes

That is all the Democrats can do is tax and spend, tax and spend, that is all they do. They will tax you to death.


:sarcasm::sarcasm::sarcasm::sarcasm::sarcasm::sarcasm::sarcasm::sarcasm::sarcasm::sarcasm::sarcasm::sarcasm::sarcasm:

[Better Believe It]

2. A little more? I think the rich should pay a lot more in taxes!

[bluestateguy]

3. I hope Zuckerberg will open his wallet in the campaign

Along with Soros and Buffett.

Have to counter all of that Koch brothers money.

[CrossChris]

4. So basically, if we can cut 2x as much as we increase revenues we can still pay for BASIC RESEARCH

Saying nothing of social services.

Even when he seems to support progressive ideals, he can't help but reinforce overarching conservative ideals.

[joeunderdog]

5. Talk is cheap.

Taxes are expensive...for us non-million/billionaires.

[Bandit]

6. I only hopes he really means it this time...He has said the same thing before and then allowed

the Tax Cuts for the Wealthy to remain intact when all he had to do was do nothing...They would have expired all on their own but no, he couldn't have that because Republicans were black mailing America with cutting off unemployment funding...Hold the weak hostage so the affluent can do even better...Republicans should be so very proud...

[thereismore]

7. Mr. Z just grew in my eyes. nt

[HopeHoops]

8. Yeah, so he says. I bet the Zuckster takes every fucking deduction his accountants can find.