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They keep using that word.
I do not think it means what they think it means.
Posted on 02/13/2015 11:01:18 AM PST by Olog-hai
The House voted Friday to make permanent an expired tax break designed to help small businesses invest in equipment and property, defying a veto threat by the White House.
President Barack Obama objects to the bill because it would add $79 billion to the budget deficit over the next decade.
The bill is part of a package of more than 50 temporary tax breaks that Congress routinely extends every year or two. The entire package expired at the start of the year. Now, House Republicans are moving to make selected tax breaks permanent.
On Thursday, the House passed a $14.3 billion package of tax breaks designed to encourage charitable giving. Also, the House Ways and Means Committee advanced several other bills that would benefit businesses and individuals. …
(Excerpt) Read more at hosted.ap.org ...
Should be shouting the Clinton phrase:
“The era of big government is over!”
since the dumb masses believe that the Clinton era had great prosperity.
No tax breaks. No abatements. No depletion allowances. Just end the Federal taxing of businesses and capital gains altogether. Couple that with incinerating 99% of business regulation and watch the economy and, unfortunately, revenues to the government, explode.
Obama supports it on the one hand if he can raise taxes on the other. He’s for comprehensive solutions. /S
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