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Turbo Timmy: Obama Will Go Over The Fiscal Cliff Unless GOP Agrees To Tax Hikes On High-Income Earners

Monday, December 3, 2012

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So Obama is willing to throw the country back into a recession unless he gets his class warfare tax hikes on the “rich” which would fund the government for a mere 8 days?

On Sunday, Treasury Secretary Timothy Geithner made the rounds on all five major Sunday morning talk shows to support President Barack Obama’s argument that taxes must be hiked on the top two percent of income earners.

“The Republicans have said for the first time in decades, if I’m not mistaken — the leaders of the Republican Party — that they are prepared to raise taxes as part of a deal that helps reduce our long-term deficits,” Geithner said on Sunday’s broadcast of CNN’s “State of the Union.” “Now, what they haven’t said to us is how far they’re willing to go both on rates and revenues. And that’s something we’re going to need to see from them if we’re going to have an agreement.”

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