a00e0d85
XPost: alt.politics.republicans, alt.politics.usa, alt.society.conservatism
XPost: alt.politics
From: m@l.mal
On Fri, 8 Jun 2012 06:30:23 -0700 (PDT), Sir Ray
wrote:
>On Jun 8, 10:58 am, Mal wrote:
>> Bernanke, speaking in front of the Joint Economic Committee, was
>> referring to the year-end intersection of the Bush-era tax cuts
>> expiration, $1.2 trillion in scheduled spending cuts and expiring
>> payroll tax breaks, which, if not addressed could cost American
>> taxpayers with $310 billion in tax increases next year.
>
>OK, so the House Republicans can agree to retain the Bush-era tax cuts
>for those earning under $250,000 pa, they can agree to rescind all
>planned Debt Limit Deal related sequestration cuts, NOT just those
>cuts for unnecessary military spending, and agree to extend the
>payroll tax cuts for another year. The Republicans in the Senate can
>agree not to filibuster these bills.
>Nothing is stopping the Republicans from proposing this, and it's
>quite likely they would get solid Democratic support from the
>President on down.
I have a question. How many temporary extensions of the tax cuts can
you justify without being forced to admit that they should be
permanent?
Has it ever occurred to you that businesses and investors are keeping
in an economic holding pattern because of these endless half ass short
term piecemeal tax cut extensions? No one knows what their taxes will
be so how can they plan? And gee, maybe Obama saying he wants to
double the capital gains tax is not exactly putting companies in a
growth mood either.
And I won't even bring up Obamacare's chilling economic effect.
And then Obama has the - audacity - to throw up his hands and wonder
why no one is hiring or investing?
--- SoupGate-Win32 v1.05
* Origin: you cannot sedate... all the things you hate (1:229/2)
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