Posted on 11/06/2008 1:23:09 PM PST by Sub-Driver
Pelosi Favors Two-Step Stimulus, Seeks Permanent Tax Cut in 2009 By GREG HITT
WASHINGTON -- House Speaker Nancy Pelosi told the Wall Street Journal that she is considering a two-staged effort to boost the shaky U.S. economy, arguing for action now on a stimulus package of $60 billion to $100 billion, followed early next year by a companion measure that would include a "permanent tax cut."
In an interview Thursday morning, the California Democrat pointed to weakness in the nation's jobs market, and urged the White House, long skeptical of Democratic-led stimulus efforts, to work with Congress in the waning days of President Bush's term.
"Let's see if we can't do something, working together now, that gives us a two month jump," she said. She said any measure enacted in a lame-duck session of Congress this month would effectively be a downpayment on additional measures enacted later. "We'll take the longer view as soon as we take over in January."
Ms. Pelosi said she doesn't favor a capital gains tax cut, as pushed by congressional Republicans. But she did say the "second piece" of the Democratic stimulus agenda should include a tax cut.
The speaker said she prefers a direct tax cut over tax rebate like the one pushed by President George W. Bush a year ago. The speaker said a direct tax cut can have a more immediate impact on the economy, especially if the government adjusts tax withholding tables to speed dollars into worker paychecks. "The impact is faster than a rebate, which takes a few months to get into people's hands," she said in the interview.
(Excerpt) Read more at online.wsj.com ...
The payoff’s for tanking the stock market to put zero in control are mounting up.
It is one thing to sell out America, but quite another level to do it with tax money.
We are so screwed...
Is this what Pelosi means when she talked about being bi-partisan and reaching across the isle?
Ah, the Pelosi Two-Step.
“Did I just read what I just read?”
Yes, tax cuts for welfare recipients.
Reducing capital gains taxes to zero would make the US tax rate equal to other countries. Everyone would prosper if they would do it.
But here's what it says after reading with the lib-speak decoder...
House Speaker Nancy Pelosi told the Wall Street Journal that she is considering a two-staged effort to boost the shaky U.S. economy, arguing for action now on a NEW WELFARE GIVAWAY TO NON-TAXPAYERS of $60 billion to $100 billion, followed early next year by a DOUBLE SCREWING FOR THE MIDDLE CLASS AND JOB PRODUCERS that would include a “permanent tax cut FOR ANYONE NOT PAYING TAXES AND ESPECIALLY FOR ALL ILLEGAL ALIENS.”
In an interview Thursday morning, the California Democrat pointed to weakness in the nation's jobs market, and urged the White House, long skeptical of Democratic-led HIJAKING OF EVERY AMERICAN'S FINANCIAL PORTFOLIO, to work with Congress in the waning days of President Bush's (THE EVIL MOST HATED PERSON ON THE PLANET NOW OR EVER) term.
“Let's see if we can't SCREW TAX PAYING PEOPLE AS MUCH AS POSSIBLE, working together now (PLEASE WAIT FOR A MOMENT WHILE WE RE-INSERT OUR DENTURES BECAUSE WE ARE LAUGHING OUR BUTTS OFF), that gives us a two month jump (AND ENTERTAINMET WHILE WE WATCH THE COUNTRY TWIST IN THE WIND),” she said. She said any measure enacted in a COMPLETELY ILLEGAL ADMINISTRAION'S session of Congress this month would effectively be a YET ANOTHER USELESS ATTEMPT BY THE DISLOYAL AND ILLEGAL REPUBLICAN'S TO TAKE THE DEMOCRATS AT THIER WORD THAT THEY WOULD EVER AGREE TO PLACE ANY CAP ON ANY AND ALL GIVAWAYS. “We'll SPEND THIS COUNTRY INTO AN OBLIVIAN THAT IT WILL NEVER BE ABLE TO RECOVER FROM as soon as OUR TOTALITARIAN POLITBURO RUNS THIS COUNTRY in January.”
A 1 million year ban on offshore drilling, a 2 million year ban on drilling in ANWR, all the provision of the Freedom of Choice Act, card check, amnesty for the country of Mexico and elimination of Republican voter registration.
When Bush vetoes it, Pelosi, Reid and the press will accuse him of hating the middle class.
The WSJ has always been one of the leftmost leaning papers, only the editorial page is conservative.
Permanent tax cut = a tax cut with no expiration date, and which remains in effect until rescinded by Congressional action.
See any similarities between “temporary” and “permanent”?
Pelosi is as evil as Hussein. Nothing is for free and with the DEMS, nothing is without pain.
I don’t believe a word out of her mouth.
Hey, off topic but,,,,
DOES ANYONE MISS THOSE HUSSEIN TROLLS?
I notice they are no longer posting.
Pelosi is nothing but a LIAR. She has never supported tax cuts. She lies and that is all there is to it. If anyone takes her at her word, they are FOOLS!
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