Politics
Obama’s Record Budget: Tax the Rich, Help Middle Class
Published
11 years agoon
By
Oakland Post

ANDREW TAYLOR, Associated Press
WASHINGTON (AP) — Promising to help America’s middle class, President Barack Obama on Monday sent Congress a record $4 trillion budget that would hammer corporate profits overseas and raise taxes on the wealthy while boosting tax credits for families and the working poor.
Obama’s budget also would steer hundreds of billions of dollars to the nation’s crumbling infrastructure of roads and bridges, help provide two years of free community college and reverse the across-the-board, automatic budget cuts that have slammed the Pentagon and nearly every government department.
In the face of certain opposition from Republicans, an optimistic Obama hailed a “breakthrough year for America” of new jobs, lower unemployment and shrinking deficits after the great recession of 2008, and he called for moving past years of “mindless austerity.” The blueprint for the 2016 budget year that begins Oct. 1 represents a 6.4 percent increase over estimated spending this year, projecting that the deficit will decline to $474 billion.
However, Obama’s plan ignores the new balance of power in Washington, with Republicans running both the House and Senate. The GOP found plenty to criticize in his proposed tax hikes that would total about $1.5 trillion.
Republicans cited the nation’s $18 trillion debt and assailed what they call Obama’s tax-and-spend policies for failing to address the spiraling growth of benefit programs such as Social Security and Medicare.
“Today President Obama laid out a plan for more taxes, more spending, and more of the Washington gridlock that has failed middle class families,” said House Speaker John Boehner, R-Ohio. “This plan never balances — ever.”
Republicans aren’t offering specifics yet but will respond this spring with their own plan, a balanced-budget outline promising to get rid of “Obamacare,” ease the burdens of the national debt on future generations, curb the explosive growth of expensive benefit programs and reform a loophole-cluttered tax code in hopes of promoting economic growth.
While Obama’s plan was rejected out of hand on budget day, proposals to ease automatic cuts and boost transportation funding are likely to return later in the year and require extensive negotiation.
“These proposals are practical, not partisan,” Obama said of his overall plans. “They’ll help working families feel more secure with paychecks that go further, help American workers upgrade their skills so they can compete for higher-paying jobs, and help create the conditions for our businesses to keep generating good new jobs for our workers to fill.”
Some people would pay more. Many wealthy Americans would only be able to take tax deductions at a 28 percent rate even though their incomes were taxed at 39.6 percent, and some would also see an increase in their maximum capital gains rate.
However, a couple earning up to $120,000 a year would qualify for a new “second earner” tax credit of up to $500 as well as a maximum $3,000 per-child tax credit for child care for up to two children, triple the current credit of $1,000.
Obama’s initiatives to tax the wealthy and to welcome an influx of immigrants into the United States are going nowhere in the new GOP-run Congress.
But there is a bipartisan desire to ease automatic spending cuts that are the product of Washington’s failures to cut deficits beyond an initial round in 2011. Both Republicans and Democrats are howling that such broad cuts savage the Pentagon. Obama said he won’t give more money to the Pentagon without receiving domestic funds he wants.
“It would be bad for our security and bad for our growth,” Obama said Monday at the Department of Homeland Security.
The centerpiece of the president’s tax plan is an increase in the capital gains rate on couples making more than $500,000 per year. The rate would climb from 24.2 percent to the Reagan-era top rate of 28 percent. Obama also wants to require estates to pay capital gains taxes that reflect the increase in value of assets like homes and stocks prior to death instead of after inheritance. And he is trying to impose a 0.07 percent fee on the roughly 100 U.S. financial companies with assets of more than $50 billion, raising $112 billion over 10 years.
All told, Obama proposes higher receipts of about $2 trillion though his budget: about $1.5 trillion from tax increases and almost $500 billion from fresh revenue as immigration reform lifts the economy and provides new workers.
His proposals would boost federal spending by $74 billion — divided between the military and domestic programs — and would result in a spending increase of $362 billion over the remaining six years the spending caps were to have been in place.
The deficit would remain under $500 billion a year through 2018, but would rise to $687 billion by 2025, according to administration projections — though levels of red ink could still be considered manageable when measured against the size of the economy.
But the cost of financing the government’s debt would spiral as the debt grows to more than $25 trillion by 2025 and interest rates rise. According to the projections. Interest costs would jump from $229 billion this year to $785 billion in 2025.
A principal theme this year is infrastructure — the budget books’ cover photo is the deteriorating Tappan Zee bridge over the Hudson River — and the plan includes a six-year, $478 billion transportation and infrastructure plan. Gasoline tax revenues would cover only half the cost, so Obama proposes a 14 percent tax on overseas corporate profits to bring in $238 billion. The combination would permit about a one-third increase in spending, with transit programs being the biggest winners.
Obama’s plan contains a lengthy roster of proposals that have been repeatedly rejected by lawmakers: $600 billion in additional revenue over a decade by limiting tax deductions for upper bracket earners; $95 billion from nearly doubling the cigarette tax to $1.95 a pack, and $35 billion through a minimum 30 percent tax rate on million-dollar incomes.
He wants to increase the security fee paid on air travel from $5.60 to $7.50 per one-way ticket. And there’s a new 10-year, $2.5 billion proposal to limit the deductibility of gifts that boosters of college teams give to earn the right to buy basketball and football tickets.
The White House claims $1.8 trillion in deficit savings over 10 years but does so by taking liberties such as ignoring the cost of preventing Medicare cuts to doctors’ fees and extending refundable tax credits for the working poor and couples with children that expire in 2017.
___
Associated Press writers Martin Crutsinger and Jim Kuhnhenn contributed to this report.
Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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Activism
Oakland Post: Week of July 8 – 14, 2026
The printed Weekly Edition of the Oakland Post: Week of July 8 – 14, 2026
Published
13 hours agoon
July 12, 2026By
Oakland Post
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Oakland Post
Black History
COMMENATARY: Blackfolk, Is It Past Time for an Exit Strategy?
JACKSONVILLE FREE PRESS — With federal and state governments aligning with what the article describes as an “anti-Black program,” the article questions the efficacy of traditional civil rights strategies.
Published
2 days agoon
July 11, 2026
We have arrived at a terrifyingly familiar crossroads. Over the last year and a half, the current administration has executed its Project 2025 playbook to a tee, systematically dismantling the civil rights progress and hard-won gains of the past 60-plus years.
With every branch of the federal government aligned with this anti-Black program—and a majority of state governors and state supreme courts nodding in lockstep—the illusion of permanent legal protection has shattered.
The worst thing Blackfolk can do right now is assume that everything will “automagically” improve. History is screaming a different story. If we look closely at the repeating loops of the American experiment, we must ask an uncomfortable, urgent question: Is it past time for an exit strategy?
Historically, every single time Black people have fought, bled, and successfully forced this country to pivot away from its white supremacist foundations, a radical, violent political pushback has followed.
- The Reconstruction Precedent: After the abolition of slavery and the brief radiance of Reconstruction, the white backlash plunged Black America into Jim Crow—a violent rollback of rights that lasted roughly a century.
- The Modern Regression: The monumental gains of the Civil Rights and Black Power movements are being erased right in front of our eyes. In truth, the efforts to dismantle these wins didn’t start recently; they began while the ink on the Voting Rights Act was still wet.
Historians and social commentators today predict that it will take anywhere from 60 to 100 years for Black people living today to fully recover the legal protections, economic ground, and civil rights being stolen from us right now. That means the bitter, unvarnished truth is that most of us living today will not see better days in our lifetime.
If that’s true, why are we still organizing, marching, and voting with the exact same playbook and goals as before? We already know how that story ends: Anti-Black forces will always meet our appeals for justice with violent, economic, and political rollbacks. We need a new approach.
A 21st-century Underground Railroad
For months, national thought leader Lurie Daniel Favors has implored Black people and organizations to stop reacting defensively and start creating the framework for a “21st-century Underground Railroad.” This wouldn’t be a literal trail through the woods, but a sophisticated, underground network designed to allow Black people to escape systemic oppression, pool resources, and find genuine freedom.
But what does a modern exit strategy even look like? The options generally split into two distinct paths: The physical exit and the systemic exit.
“If hereditary bondmen would be free, they must themselves strike the blow… use every means—moral, intellectual, and physical—that promises success,” said the illustrious and under-appreciated Black liberation theologian Henry Highland Garnet, in his Address to the Slaves of the United States, given during the National Negro Convention of 1843. Garnet called for open rebellion against slavery. His idea for an “exit strategy” failed by one vote of being endorsed by the convention.
Option 1: The expatriate route (physical exit)
For some, the answer lies in leaving the United States entirely. This is not a new impulse. In the late 19th and early 20th centuries, Black intellectuals and colonization societies led by figures like Alexander Crummell, Garnet, and Martin Delany argued that Black humanity, creativity, and intellect could never fully flourish on a soil so deeply poisoned by anti-Blackness.
Crummell actively championed emigration, believing that building up self-determining communities elsewhere was a far nobler use of Black genius than begging for citizenship from a nation that despised them.
In 2026, the expatriate route means looking toward West African countries (such as Ghana, with its continued “Year of Return” initiatives), parts of the Caribbean, or European hubs that offer a lower baseline of anti-Blackness. The goal is to relocate to societies that welcome our humanity rather than criminalize it.
But how many of us have the economic capacity to make such a move? On the flip side, how many of us can afford to stay in the U.S. with anti-Blackness rising exponentially daily?
Option 2: Economic secession (systemic exit)
For others, the best exit strategy isn’t physical relocation, but a deliberate exit from America’s economic and social systems. This means creating our own self-reliant, self-determining networks right here. It looks like building independent food supply chains, autonomous security apparatuses, private educational institutions, and closed-loop economic systems. It’s the practice of being in America without being dependent on it. Multiple Black Power Movement members back in the 1960s and 70s called that creating a “nation within a nation.”
The danger of assuming “It can’t happen here”
This is not a message of gloom and doom; it is an urgent wake-up call. Global history is littered with stories of “othered” groups whose rights were slowly, methodically eroded by the dominant society. In almost every instance—from pre-WWII Europe to various global genocides—the erosion of rights started slowly, and then accelerated so fast that it appeared to come out of nowhere.
In every single one of those historical tragedies, there was always a small, prophetic minority calling for an exit strategy. And in every instance, the vast majority of the oppressed group pushed back, insisting that conditions could never get that bad.
Until they did.
Activating the exit
We don’t need a singular, definitive answer today, but we absolutely must begin organizing around the possibilities. Blackfolk need to take concrete steps immediately:
- Assess and Resource: Black organizations and individuals must audit their assets, identifying who has the means, dual citizenships, or remote capabilities to pivot.
- Build the Infrastructure: We must fund the infrastructure for both paths—supporting those who choose to build autonomous zones of survival in the States, and establishing legal and financial pipelines for those who choose to leave.
- Normalize the Conversation: We must strip away the stigma of “giving up” on America. Leaving a burning house isn’t cowardice; it’s intelligence.
We can no longer afford the luxury of hope without a contingency plan. Whether we choose to exit geographically or economically, we must build the backdoor now. History has shown us the script—it’s time we finally change our ending.
Based on reporting by Jacksonville Free Press.
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Black History
Governor Stein Signs Jaleeyah’s Law
THE CAROLINIAN — Governor Josh Stein signed House Bill 1173, known as Jaleeyah’s Law, on Monday, July 6th. The law, named after 13-year-old Jaleeyah Tune, who was fatally shot in December 2025, aims to increase penalties for gang-related crimes and provide more tools for prosecutors.
Published
2 days agoon
July 11, 2026
By Jheri Hardaway
Staff Writer
On Monday, July 6th Govenor Josh Stein signed House Bill 1173, widely known as Jaleeyah’s Law, in the presence of Jaleeyah’s mother, family, and community leaders. Jaleeyah’s Law is designed to increase penalties for gang-related crimes and provide stronger tools for prosecutors. The law is named in memory of 13-year-old Jaleeyah Tune who on December 21, 2025, was shot and killed while walking home with her sister. Three teens have been arrested in connection with her death, according to the Goldsboro Police Department; however, the circumstances and details surrounding the murder are not known to the public.
“It’s about giving prosecutors and communities stronger tools. It is about prevention, accountability and protection for families before tragedy happens,” said Whitney Brown-Tune, Jaleeyah’s mother, in a recent press conference. At the bill signing, Brown-Tune also emphasized, “Us as parents, we need to be more accountable for what our kids are doing on social media. It starts on social media before it hits the streets. Keep that in mind.”
Brown-Tune is completely correct. Social media’s profound impact has required changes in policing tactics and should prompt a shift in how we teach and parent our children, who are our future. Laws against organized crime are essential. Organized crime is just as American as student loans. The issue is how we define a gang. There are gangs, executing organized crimes that are not widely recognized as gangs by law enforcement. There are characteristics the state uses to define a gang member that are inaccurate. Jaleeyah’s Law – House Bill 1173 is necessary, but so is reform around law enforcement best practices.
As parents and community leaders do a better job of monitoring and protecting their children’s online presence. Law enforcement should work to better understand the social media landscape and the cultural factors that shape how some present themselves online. Wearing red or being photographed with a firearm are not enough to say someone is in a gang. Alongside this legislation should be more concrete and transparent criteria that law enforcement uses to define a gang member. Subjective social media observations are dangerous and can lead to wrongful convictions by biased law enforcement officials.
How do I know that law enforcement officials need advising on evaluating gang activity? I recently participated in the Harnett County Sheriff’s Office Citizen’s Academy. During the 13-week program, there is a night called “gang night.” The deputies presented a ton of insight into the gangs in and around Harnett County, along with information gathered from the North Carolina Gang Investigators Association.
During the presentation, I was alarmed that Harnett County is only 20% black but 80% of the gang presentation was about Black people. The deputies talked about people using the word “Cuz” as demonstrating gang affiliation, but I use “cuz,” and I’m not in a gang. They talked about the colors red, black, and green being associated with a gang. I’ve always known these colors as black liberation colors and wear them regularly; again, I am not in a gang. The presentation went as far as to show pictures of the Black Israelites, and the officer indicated, “They’re not necessarily a gang, but they’re a group that you should be aware of or afraid of.” I was upset; why vilify groups when they’ve committed no acts of violence? Why don’t they get the right to freedom of religion like other religious groups in America? The definition of a gang or a gang member needs to be evaluated and shared widely. At the conclusion of the Citizen’s Academy, we were encouraged to give feedback. The leadership of the Harnett County Sheriff’s Office expressed gratitude for the feedback and noted that they don’t know unless someone tells them.
I hope this knowledge empowers law enforcement leaders to be more culturally aware and transparent about what alarms them, so we can grow as a community. Dr. Randal Pinkett said, “If you are not prepared to make your organization more receptive to all people of all backgrounds, then you will not be competitive in the 20th century.”
As a Black American growing up in conservative Cary, North Carolina, I was raised to be considerate and aware of all cultures. Jaleeyah’s Law is important for maintaining safety; I hope we also make room for cultural understanding. The way the law is written, a teen or young adult could post something that is interpreted as gang-related and end up with “Enhance penalties for persons convicted of certain felonies if the offense was committed as part of criminal gang activity.”
Based on reporting by The Carolinian.
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