Tax cheat Tim Geithner reveals Obama’s true intentions: ‘absolutely’ ready to go over the fiscal cliff
While tax cheat Tim Geithner revealed Obama’s true intentions of his desire to go over the fiscal cliff, he probably wouldn’t get that chance. As Republicans appear more likely to cave to the Marxist regime’s demand of higher taxes just to save face, Geithner told CNBC that Obama is ’absolutely’ ready to go over the fiscal cliff if he doesn’t get his higher tax demands and unlimited debt ceiling. If you’ve read my posts before, I say do it. Republicans will get the blame anyway. Let Americans see what they voted for (again) with the chump Obama, and enjoy the fruits of their vote. Taxes are going up on all Americans regardless of what happens with the fiscal cliff, as taxes on everybody increase as of January 1st, 2013 thanks to ObamaCare taxes, but of course you never hear about this in the media. How about a double dose of new taxes for all Americans? Let’s roll!
Treasury Secretary Timothy Geither told CNBC Wednesday that Republicans are “making a little bit of progress” in “Fiscal Cliff” talks but said the Obama administration was “absolutely” ready to go over the cliff if the GOP doesn’t agree to raise tax rates on the wealthy.
“I think they’re making a little bit of progress,” Geithner said. “They’re clearly moving and figuring out how to try to move further.”
But Geithner said the White House would “absolutely” go over the Fiscal Cliff — triggering over $600 billion in automatic spending cuts and tax increases — unless tax rates increase on the top 2 percent of wage earners.