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To: Siegfried X
There are no automatic taxes increases.
Bush "TAX CUTS" set to expire.
25 posted on 08/02/2011 10:23:34 AM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: Cheerio

“Bush “TAX CUTS” set to expire”

That happened years ago with President Bush and is a totally unrelated issue. Why bring it up here? It’s true that the DEFICIT REDUCTION agreement didn’t pass the whole Republican agenda, but it wasn’t supposed to. The agreement also didn’t strike down gun-banning laws over the entire country, repeal ObamaCare, or do a bunch of other good things.

My point is that the deficit reduction agreement didn’t change anything about Bush’s taxes or raise any other tax.


37 posted on 08/02/2011 10:29:47 AM PDT by Siegfried X
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To: Cheerio
Bush "TAX CUTS" set to expire.

True, but those are already figured into the existing calculations, so they can't be applied to the $1.5 trillion in additional deficit reduction they are supposed to achieve.

132 posted on 08/02/2011 3:58:19 PM PDT by CA Conservative
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