Posted on 08/02/2011 6:35:08 AM PDT by Rational Thought
(snip)
Despite what many DC “conservatives” say, such as Jennifer Rubin, the Washington Post PDSer who recently called House members fighting for fiscal sanity extremists, Obama actually can raise taxes under the guise of allowing the Bush tax cuts to expire. This will result in a tax increase of $800 billion to as much as $3.5 trillion if all Bush tax cuts are allowed to expire. This kind of crap is what happens when deals are cobbled together in the dark of night. We have to pass it to see what’s in it, which the House just did. So much for the “post the bills online for three days” pledge.
Now it’s headed to the Senate where it’s expected to pass easily. Obama’s pretty excited. He gets to bury this issue until after 2012 and Tim Geithner is already champing at the bit to sell more debt. Oh, did I mention that there are hardly any actual spending cuts until 2014? And, finally, there’s no reason to believe this will even save the America’s AAA status. In fact, there’s plenty of evidence to the contary.
(Excerpt) Read more at conservatives4palin.com ...
If we do indeed see tax increases, there are a lot of "Conservative" politicians who will be joining the unemployed in 2012.
I cannot believe they sold us down the river AGAIN. The conservatives caved in big time. We finally had the chance to at least TRY to do the right thing fiscally, and all that was accomplished was to delay and insure the inevitable will be even worse than we thought. The debt and the management of the same is what will take our country down, and because those who supposedly represent us did not do the responsible thing we and all of our kids and grandkids will be the ones who will suffer the most.
I am ashamed for my country. What a joke.
| In $ Trillions | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Total | $1,936 | $2,107 | $2,319 | $2,570 | $2,668 | $2,854 | $2,899 | $2,945 | $2,992 | $3,039 |
| Social Security | $623 | $751 | $924 | $1,123 | $1,166 | $1,309 | $1,309 | $1,309 | $1,309 | $1,309 |
| Health and Human Services | $270 | $299 | $329 | $361 | $395 | $414 | $434 | $454 | $475 | $496 |
| Discretionary Spending | $1,043 | $1,057 | $1,066 | $1,086 | $1,107 | $1,131 | $1,156 | $1,182 | $1,208 | $1,234 |
We can survive without big governments money, but big government can't survive without ours.
Starve the beast. If they won't stop spending, we will. No spending, no tax revenue.
Don't buy - repair. Wear the clothes you already have in your closet. You don't need all kinds of junk. All it does is clutter your house anyway.
Prepare, because it's going to get worse no matter what. Buy tax free food. You're going to need it.
The tax slaves have been sacrificing and sweating for generations, just so the democrat freeloaders can have a relaxing, comfortable life. No more. It's time they got their own jobs. It's time they carried their own weight. It's time for the tax slaves to claim their right to life, liberty, and pursuit of happiness.
More evidence this isn’t a “Debt Plan”, it’s a Kamikaze Plan.
BTW, as per Erick Erickson, a clause in the Debt Plan states any Senator voting no on this plan is ineligible to serve on the Super Committee. That rules out any of the fiscal hawks serving.
Isn’t raising the debt ceiling a tax hike anyway? Who is supposed to pay for that?
The Pubbies got bamboozled yet again.
The Bush tax cut expiration is current law, the Debt plan did not address it or count it.
But you can count on the Dems to blame it on the Republicans even though they are for Tax Hikes on the Rich (read Small Businesses).
Oh and have you noticed, Obama is campaigning actively for Tax Hikes on the Rich (now 200K down from 250K). How Low Will He Go?
What a Curious Campaign!
Seems congress is denying equal repesentation to all people of all States.
But we still have oppressive taxation.
WWTFFD?
What would the founding fathers do?
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