Mr. Geithner said there is “still some uncertainty about how strong the recovery is going to be,”
...BWAHAHAHAHA Mr Tax Cheat! You funny you are! You need your own TV sitcom! Call it “America Idled”.
Ok, so they’ll expire for “wealthy Americans” - so where’s the bill to extend the 10% bracket, then? Where’s the bill to extend the adoption tax credit?
I hope the GOP members running in the November elections hammers this subject home. This should be a winner.
This guys is living in fantasyland. I guess medicre growth is enough for him. Those phrases should be used against all Rats in the elections. Obama and the rats think the economy is growing strong enough.
I seriously doubt Tim Gietner could quash a pecan without a pair of pliers. He really doesn’t hold that much sway on the Hill, even with the true believers.
Please, let’s stop using this term “wealthy” to describe the highest bracket taxpayers. The 33% bracket runs from the 170s to the low 200s for single or married. The 35% kicks in at 373k.
Ask professionals or business owners who work their asses off if they thing they’re “wealthy.”
If the Democrats are so concerned about this, then why don’t the tax the truly “wealthy” rather than cut the brackets at these levels?
I’m sure CEOs of some businesses contemplating a move offshore are making their minds up today.
I thought the only people whose taxes were cut by Bush were “the rich.” You mean the libs lied about that?
The dude isn't using gov't forcasts?
If this nitwit doesn't understand that these rate increases will have massively deleterious effects on the economy, he shouldn't be treasurer for the kids' afterschool baseball league, much less Secretary of the Treasury.
However, I am certain that the Kenyan Clown and all of his circus would be delighted to see such massive damage to our economy.
Stupid arrogant @$$hole ! **** these Goldman Sachs executives. They should be hung up to dry instead of being involved in gov’t policy which is good for executives who already made their money but pull up the ladder behind them as they climb up so no one else succeeds financially !
I don’t know why anyone attributes any authority whatever to a Treasury Secretary who is an acknowledged tax cheat and who, after over a year and a half in office, has still to see his signiture on the currency.
I bought a little “Tax Cheat” rubber stamp to use upon the appearance of the first Geithner Federal Reserve notes. It’s been gathering dust on a shelf above my desk for well over a year.
I don’t care how many Democrats say whatever, there is no way in hell Obama will sign a bill to extend the Bush tax cuts.
Prove me wrong.
When did the Sec. of the Treasury become a member of Congress? ‘Cause according to my reading of the Constitution, CONGRESS is the body which has the power to tax, the power to reduce same, not one or another of the members of the Cabinet.
“...plans to let the tax cuts expire for wealthy Americans...” = raising MY taxes. And I’m far from wealthy.
Hey, Geitner, without those tax cuts there will BE NO RECOVERY.
Geithner is worth between $300 million and $ 600 million, of course. Is there anything as vomitous as a man with that money demanding you and I pay more taxes?