President Obama Leads The Way On Tax Cuts For The 99%

“We tried what they’re selling,” Obama said of the tax cuts that Romney and Republicans want to leave in place for all income levels. “It didn’t work and somehow they think you don’t remember.”

President Barrack Obama on the 2012 campaign trail

After the President delivered his speech, this week, Mary Kay Henry, President of the Service Employees International Union (SEIU), issued the following statement:

“Today, President Obama showed the leadership we need to restore fairness to our tax system. By calling on Congress to extend tax cuts for families making $250,000 or less, the President is standing up for the 99 percent and insisting that the wealthy pay their fair share.

“We all must pay our fair share in taxes. The President is leading the way, now it is time for Congress to take up the tax debate in a serious manner, extend tax cuts for middle class families and end tax giveaways to those who don’t need them.”

What might an alternative look like?  Well, if Mitt Romney is elected, it’s likely the American public would see him and Republicans in Congress cut taxes for their wealthy 1% friends by reinstating Bush’s tax breaks for them.  We need to work toward electing leaders, not panderers, who will represent the interests of the 99% in America, not the richest 1%.

Before his speech on Monday, he said during his weekly Saturday radio address that the United States needs to do more than just reclaim jobs lost to the recession, as he called for rebuilding the economy to make it secure for future generations. “Our mission isn’t just to put people back to work – it’s to rebuild an economy where that work pays; an economy in which everyone who works hard has the chance to get ahead,” said Saturday the United States needs to do more than just reclaim jobs lost to the recession, as he called for rebuilding the economy to make it secure for future generations.

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