Posted on 02/26/2009 10:40:53 AM PST by DCBryan1
After Tuesday's speech, are you confident in President Obama's economic plan?
Yes (40%)
No (60%)
Votes: 341
Let me know what Opossum’s vote is!
After Tuesday’s speech, are you confident in President Obama’s economic plan?
Yes 25%
No 75%
Total: 524 votes
Now it is at
Yes 27%
No 74%
OK, I did it, but man... that is one badly behaved site!
Aye aye - mission accomplished, sir!
Yes 24%
No 76%
ping
looks like only 24% now are confident
No 74%
Total: 513 votes
trick question ... I'm pretty confident of what his plan will do
Yes
23%
No
77%
Total: 595 votes
Yes
23%
No
77%
Total: 598 votes
I just cast my voted at 12:46 pm CST and see the following:
77% NO
23% YES
February 26, 2009 12:00 PM
President Obama’s budget proposes $989 billion in new taxes over the course of the next 10 years, starting fiscal year 2011, most of which are tax increases on individuals.
1) On people making more than $250,000.
$338 billion - Bush tax cuts expire
$179 billlion - eliminate itemized deduction
$118 billion - capital gains tax hike
Total: $636 billion/10 years
2) Businesses:
$17 billion - Reinstate Superfund taxes
$24 billion - tax carried-interest as income
$5 billion - codify “economic substance doctrine”
$61 billion - repeal LIFO
$210 billion - international enforcement, reform deferral, other tax reform
$4 billion - information reporting for rental payments
$5.3 billion - excise tax on Gulf of Mexico oil and gas
$3.4 billion - repeal expensing of tangible drilling costs
$62 million - repeal deduction for tertiary injectants
$49 million - repeal passive loss exception for working interests in oil and natural gas properties
$13 billion - repeal manufacturing tax deduction for oil and natural gas companies
$1 billion - increase to 7 years geological and geophysical amortization period for independent producers
$882 million - eliminate advanced earned income tax credit
Total: $353 billion/10 years
Send all your money over $250,000 to me... It will save you taxes. I will be the one to pay for everyone else. ;-)
After $787 billion bailout, omnibus spending bill working its way through Congress, there are 8,570 earmarks worth $7.7 billion, and given to understand via Congressional Budget Office that the US’ true debt is $99 trillion dollars, a BIG FAT ABSO”FRIGGIN”LUTELY NOT!
Duly Freeped.
23% Yes
77% No
591 votes.
They phrased the question badly. They should have given choices as to what we’re confident the Obama budget will do. For example, I’m confident it will cause massive inflation, and closing of small businesses. I’m confident it will cause an expansion of union membership. I’m confident it will lead to large tax increases and accelerating interest rates.
Forgot about the $350 billion distributed in the 4th quarter of 2007.
I am confident it will fail. I am confident it will take away freedoms paid for by the blood of patriots. I am confident it will move this country toward tyrany. I am confident obama and his followers are out of their element and don’t have a clue what they are doing.
Is that $9 trillion, or $99 trillion.
Like it matters, at this point.
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