Plouffe is quoted as a source. You really believe Obama's campaign guy?
Give it a rest .. I was looking for any hints, WH
or not, which stated there were ANY tax hikes,
especially since we’re being told repeatedly by
Boehner and Reid there are NONE.
Did you happen to glance at this piece before you
decided to launch on me?
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Not Playing the Fool
Posted by Erick Erickson
Monday, August 1st at 4:46AM EDT
There are a lot of Republicans tonight willing to play the fool for the GOP in this debt ceiling plan. They say, for example, that there will be no tax increases from this super committee. Never mind that the Democrats are saying otherwise.
I can prove to you right now that there will be tax increases.
The Congressional Budget Office (CBO) expects the Bush tax cuts to expire. So all the commission has to do is two things: extend middle class Bush tax cuts and enact a permanent alternative minimum tax (AMT) patch.
Those two together would look like an increase to the deficit in CBO scoring. So then the commission can start out of the gate with the ability to create several trillion dollars in new tax hikes to equal out to the cuts — cuts that will happen even without the commission most likely.
And where will those cuts come from? Those making $250,000.00 or more, of course.
And probably the Gang of 6s ideas to eliminate most deductions to income taxes without revenue neutral rate reductions and the Gang of 6’s pièce de résistance — raising capital gains taxes from 15% to 28%.
Have people not been paying attention? In every single address the President has given on the debt ceiling, he has insisted on new tax revenue. John Boehner even put $800 billion on the table, so it is already there.
Rest:
http://www.redstate.com/erick/2011/08/01/not-playing-the-fool/
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Please be sure to omit me next time the foul mood overcomes.
By way of explanation.....Star wasn't giving an opinion on the posted. Star was just posting to give others info on what's being said out there. Sheesh!