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Posted on 07/10/2011 9:15:19 AM PDT by Nachum
Obama's recent Nixonian speech on the budget
(Excerpt) Read more at breitbart.tv ...
Vid at link
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Mark Halperin was right.
..another corpse moment brilliant (simply f****** brilliant)
This is bureaucratic speaking. “Tax expenditures” in the tax code refers to how much in tax income is not collected due to various tax deductions in the tax code.
For example, the depreciation allowance for corporate jets, which Obama rails against, is a tax expenditure, because it is said to cost the government “X” amount of tax dollars not collected, because corporate jet owners take that legal depreciation deduction on their income tax returns.
This is word play to make it sound like Obama wants to cut spending, because most people might think that “tax expenditures” refers to the spending of the taxes actually collected. He’s intentionally using certain words which, while technically legally are correct, will confuse a lot of people as to what is actually going on.
How about “President of the defeated side” after a landslide rout to go with your “spending cut in tax code?
“Obama Refers to Tax Increases as Cutting ‘Spending in the Tax Code”
Could it get any more Orwellian?
So according to Obama anything less than 100 percent tax on everything is considered spending? Am I missing something?
So in that case, let’s give him the big tax increase he wants by eliminating the Department of Education.
There needs to be a campaign add that has this soundbite and says: “He thinks you’re stupid!” And you are if you follow this rube.
People who are so damn dumb and conniving and think they are being clever are the height of ignorant and stupid. oblabla is a classic example.
At the end of the day he is a dumb N who has been equal opportunity promoted way past his ability.
Ever get in a process where your version of the rules isn’t being played? Boehner needs to change the rules, reverse the tables on blabla and stonewall and make it a point of process and principle for the economy and the children who will bear the tax monster for the future. Social security should be simple... leave the old folks alone, that deal is done, phase out from 65 on a linear scale for those who are not enrolled as of RIGHT NOW.
Medicade just needs to go away, medicare needs to as well. I paid nearly 3 times in medicare and medicade premiums last year than I paid in private health insurance. Medicare is a jackpot for people who put off major repairs until they reach the age.
Health care insurance is a problem but it needs a different solution. Some kind of sliding scale deductible may encourage people to be more discerning about letting the medicos have their way.
Well, I don’t think that Obama and Democrats think that a tax of less than 100% is considered spending. At least not yet. LOL.
But, they are considering any legal tax deduction or tax exemption taken to be an expenditure. Your mortgage interest deduction is an expenditure in their world. Your deduction for dependent children is an expenditure. Your deduction for your property taxes, medical expenses, your IRA and 401K retirement plan deductions, and anything else in the tax code, is said to be an expediture, which the government bureaucrats say costs the government tax revenue.
In a way, it does reflect a mindset that all of our income should belong to the bureaucrats, and that they will decide how much of it they will allow us to keep.
1984 has arrived, just 27 years late...
...and then there is the Earned Income Tax Credit!
More Orwellian English...
I can understand how someone might believe that government spending is “investment” because you might argue that infrastructure improvements and education might improve the business climate down the road. Of course it’s still propaganda but at least it makes some sense.
Likewise, calling this scheme “Cutting deficits in the Tax Code” might make some sense, regardless of the wisdom of doing so. But this term could have only been devised while the genius who thought it up was lost deep within the rabbit hole!
Nobody in the media or opposition called him on “Tax Code Expenditures” last month when the operative phrase concept was introduced for the bullcrap it was. Tax code expenditures in that case was reducing taxes, or not increasing them.
Couldn't be "Clintonian" could it.
Which one was the biggest liar? Nixon? LMAO... suuuure.
After Clinton, I don't want to see the name "Nixon" lofted like this ever again.
I noticed that too. If there is nobody to call him on anything, there is no end to what they will try to pull off. And don’t think Plouffe, Axelrod, Geithner, and Daley, aren’t laughing at at us and the creativity with the nonsense are contemptuously throwing at us suckers and rubes.
True enough, ... but we all know now that Obama is really a ‘Dick’ :)
“At the end of the day he is a dumb N who has been equal opportunity promoted way past his ability”
He isn’t from Nigeria. He is from Kenya.
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