Posted on 07/21/2010 6:04:27 PM PDT by 2ndDivisionVet
Edited on 07/21/2010 7:26:20 PM PDT by Admin Moderator. [history]
Just when you thought Congress was spent -- literally -- and done for the year they'll turn around and surprise you. No money left to do anything? United Republican opposition? Democrats are planning to take on the great white whale of spending: extending President Bush's middle class tax cuts. The cost is estimated from $1.6 trillion to extend them to as much as $2.7 trillion to make them permanent. According to Senate Democratic sources, the latter is what they're going to go for -- and they're planning to do it before the midterm elections.
(Excerpt) Read more at swampland.blogs.time.com ...
I know it is. Thanks for stating it though. I can get around it but corporate will be screwed.
Well you didn’t see tax increases in the Healthcare reform crap either and you didn’t see death panel there either but both are true.
Please see my post # 59.
Agreed, it would be a good move by the rats.
Of course it goes against everything they preach and claim to believe in, but in these desperate times the rats are scurrying for cover.
Methinks it is an excellent counter to the Dem gambit.
Cheers! And I would guess the Republicans were expecting it as well. Why cant Republicans respond by saying, okay you dont want the tax cuts extended for small businesses (which is whos making $350K), then how about taking their share and giving more tax cuts to the middle class. If Democrats say we cant afford that, Republicans can say they dont care about the middle class.
This is an issue that the Democrats will regret bringing up.
Time magazine is such a piece of stinking garbage that I refuse to even take their word that such legislation is being considered, much less in the hopper.
They are too shiftless to even mention a legislator's name to associate with this legislation, much less an actual bill name or number.
The US receipt data shows that not only did the Bush tax cuts stop the slide but it dramatically increase the cash coming into the government. The problem is that the government is incapably of spending restraint.
Bookmark
If these 1099s do become mandatory, alternative currencies and underground cash transactions will become much more popular.
Because they worked. Stealing even more from the working public would be devastating. They've stolen so much already, there's very little left.
They will lie and spin and twist this both ways. The GOP just increased deficits and the Rats just gave the average guy a break. They're very at that messaging with the compliant media.
I like this plan, it will pass with flying colors, it will demoralize the Democratic base.
Meanwhile the GOP will still run on jobs, deficits, and healthcare and the GOP base will remain energized.
Go for it Dems.
"...great white whale of spending: extending President Bush's middle class tax cuts."
Spending?
That's OUR money you leftist scumbag! You leech on two legs! You walking, talking parasite! You Democrat!
Excellent point.
Nothing has changed, they are just doing exactly what they said they would.
Liar
Tax cuts don’t cost taxpayers a cent
It just slows the feeding of the beast
Wow! I guess the Dems CAN see the tsunami bearing down on their village.
"and behold! Obama opened his hand, and the air was filled with the savor of his fragrance, and the Earth brought forth its fruits."
The idea being that it is government which makes all good things possible.
Look up P.J. O'Rourke's classic All the Trouble in the World, in the chapter "Overpopulation" about Bangladesh, for a sterling example of the attitude:
In Abdur's endless elucidative chitter-chat, every sign of material progress was greeted with the comment, 'Oh the government has just released funds for this now.' A block of middle-class garden apartments on he outskirts of Dhaka, a spate of freshly mudded huts in a rural district, an industrial park: 'Oh, the government has just released funds for this now.' As though funds were a genie and only government could rub the lamp."
Come to think of it, while skimming the chapter to find that exact quote, the government of Bangladesh at that time bears an increasing (and striking!) resemblance to Teh One, Barack Hussein Obama, mmm mmm mmm.
Here are just a few of the companies that the Bangladesh government owns:
Osmania Glass Sheet Factory
Dhaka Match Factory
Bangladesh Diesel Plant
National Tubes Ltd.
Dhaka Vegetable Oil Industries
Kohinoor Battery Manufacturing Co.
Bangladesh Cycle Industries
Khulna Hard Board Mills
Bangladesh Blade Factory
Eagle Box Carton [sic] Manufacturing Co.
Bangladesh Steel Engineering Corporation Can Making and Tin Printing Plant
Bangladesh Insulator and Sanitary Ware Factory
These are from a list of enterprises the government is trying to sell off, and I'd like to shake the hand of -- well, meet, anyway -- the man who buys Bangladesh Insulator and Sanitary Ware.
Or consider this for a nation whose only resources are human, whose only hope is an educated workforce and whose present rural literacy rate is 17 percent: 'Minister for Forest, Fisheries, Livestock and Environment Abdullah Al-Noman said...the government had decided to stop import of foreign books excepting those required for research and reference."
Sounds like nationalization of industries, and proliferation of czars, does it not?
Cheers!
Yeah, I heard that too.
Yeah, 2 + 2 = 5
These people are so thoroughly brainwashed, they can only see NOT CONFISCATING the money people earn as a form of GOVERNMENT SPENDING.
And might I add, effing scumbags, every one of them that thinks this way.
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