Replies

To: jimbo123

Boner told Obama he would let the Bush tax cuts expire for high income families and individuals to the $800M in revenue as part of the deal.

No, he didn't.

The $800M is a combination of so-called loophole closings and flatter (less progressive) tax rates which would cause more people to pay income taxes.

I'm not wild about it, but let's be accurate.

97 posted on 07/24/2011 10:02:03 AM PDT by BfloGuy (The final outcome of the credit expansion is general impoverishment. -- L. Von Mises)

To: BfloGuy

$800M = $800B

98 posted on 07/24/2011 10:03:07 AM PDT by BfloGuy (The final outcome of the credit expansion is general impoverishment. -- L. Von Mises)

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