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To: sickoflibs

If I understand the time frame of those taxes correctly, they were towards the end of his term in office, less than two years.

So trying to make the case that those tax increases were responsible for the majority of new income, falls flat. Receipts had escalated prior to the new taxation.

Why are we having this conversation? What’s your plan to increase federal receipts if you don’t want to cut taxes to spur the economy? I’ve advocated cutting spending too, and so far you haven’t jumped on that band wagon either.

What gives?


45 posted on 06/24/2010 9:47:34 AM PDT by DoughtyOne (06/15/2010 Obama's Shame-Wow address...)
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To: DoughtyOne
RE :”Why are we having this conversation? What’s your plan to increase federal receipts if you don’t want to cut taxes to spur the economy? I’ve advocated cutting spending too, and so far you haven’t jumped on that band wagon either.

Cutting spending is the only option, that and making the 48% of the public (lower incomes) that pay no income taxes pay some so they understand what it is like.

But those things are unpopular. That is why no Republican is running on them, or at least few are. So I am skeptical they will do it. Where I live they wont even support tax cuts on themselves it's so bad.

49 posted on 06/24/2010 9:55:07 AM PDT by sickoflibs ( "It's not the taxes, the redistribution is the federal spending=tax delayed")
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