Free Republic
Browse · Search
News/Activism
Topics · Post Article


1 posted on 05/21/2008 6:34:34 PM PDT by SmithL
[ Post Reply | Private Reply | View Replies ]


To: SmithL
But there's not enough money to extend cuts on income tax rates, capital gains and dividend income and still produce a surplus...

So cut spending and starve the welfare rats till they decide to work for a living.
2 posted on 05/21/2008 6:41:22 PM PDT by festus (Tagline removed.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: SmithL

I would vote against any congressman or senator that voted for this “farm bill”. We criticize pork attached to other legislation. This legislation is nothing but pork. I wonder if there is pork added to this pork.


3 posted on 05/21/2008 6:43:29 PM PDT by KoRn (CTHULHU '08 - I won't settle for a lesser evil any longer!)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: SmithL
The Democratic plan explicitly calls for the renewal of ... estate tax cuts

Wasn't that one of the areas they really railed about? Suddenly they like estate tax cuts. Hmmmm, what did Teddy know and when did he know it. Will he suddenly claim Florida residence too to cheat the Bay State tax man like they did for Rose?

4 posted on 05/21/2008 6:46:30 PM PDT by NonValueAdded ("Just because you're running for President doesn't mean that you are the center of the universe")
[ Post Reply | Private Reply | To 1 | View Replies ]

To: SmithL

Even with the tax increases they plan, there’s not enough money — they use gimics to make up the rest, and presume a growth rate that is based on the tax cuts continuing (because they know if the tax rates increase, it will slow the economy).


5 posted on 05/21/2008 6:53:53 PM PDT by CharlesWayneCT
[ Post Reply | Private Reply | To 1 | View Replies ]

To: MurryMom
...they had failed to send to President Bush a portion of the farm bill.

And that would make them STOOPID - eh?

8 posted on 05/21/2008 7:15:28 PM PDT by Libloather (May is Liberal Awareness Month.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: SmithL

They are pre-spending the tax money they anticipate when rates rise. That’ll only be the first couple of years. After that the tax increase will lower revenues.


9 posted on 05/21/2008 7:23:19 PM PDT by xzins (Retired Army Chaplain -- Those denying the War was Necessary Do NOT Support the Troops!)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: SmithL

“The Democratic fiscal plan relies on automatic tax increases to claim a balanced budget while boosting spending on defense, education and many other programs.”

STOP THE DEMOCRAT TAX INCREASE!
STOP THE BIGGEST TAX INCREASE IN AMERICAN HISTORY!


10 posted on 05/21/2008 9:01:42 PM PDT by WOSG (The 4-fold path to save America - Think right, act right, speak right, vote right!)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: SmithL

http://travismonitor.blogspot.com/

Via Farm Policy website: Dan Morgan reported in today’s Washington Post that, “A major new program in the recently enacted farm bill could increase taxpayer-financed payments to farmers by billions of dollars if high commodity prices decline to more typical levels, administration and congressional budget officials said yesterday.

“The potential costs came to light as administration officials pored over details of the 673-page, $307 billion legislation. President Bush has promised to veto the measure, which he called ‘bloated.’ The House and Senate passed the bill by bipartisan margins large enough to override him unless dozens of lawmakers switch sides.”

A call to action: Get the Senate and House to sustain Bush’s veto. $300 billion for farm programs is an absurd amount with such high food prices.


12 posted on 05/21/2008 9:14:39 PM PDT by WOSG (The 4-fold path to save America - Think right, act right, speak right, vote right!)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: SmithL
The Democratic plan explicitly calls for the renewal of tax cuts aimed at the middle class, including the $1,000-per-child credit, relief from the marriage penalty, estate tax cuts and the 10 percent tax rate on the first $7,825 of income for individuals.

Right now, if an individual earns less than $8,500 (or close to that, I think), s/he isn't even required to file a return. If they've earned that without withholding, that's a zero percent tax rate.

13 posted on 05/22/2008 4:52:47 AM PDT by savedbygrace (SECURE THE BORDERS FIRST (I'M YELLING ON PURPOSE))
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson