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Greaaaaaat....now we have dumb and dumber in the thread...
We're not even in a recession... stupid.
Greaaaaaat....now we have dumb and dumber in the thread...
Then this is political theater and yet you find it so funny?
After the last few years of unbridled arrogance I find the petulant impotence humorous, yes...
Of course it will never happen. it would take power away from congress for them to play favorites and uses taxes for a reason to vote for them they wouldn't be able to by lib votes any longer if the tax system was equal for all.
Why are Dems so enraged that everyone will have their same tax rates?
It's crazy when you really think about it.
Who ever said liberals made sense, or had common sense?
so private sector spending (consumer demand) is down, it's important to reduce public sector spending, making the Banksters' Great Depression so much better.
the priority is not the deficit, and so reducing the deficit by cutting public sector spending isn't a priority, either.
The economy needs to reset with lower expectations. A debt driven economy is toxic in the long run. More and more public spending is just like taking tequila shots to avoid the eventual hangover that will be even worse because of the shots you kept taking.
"debt driven economy is toxic in the long run"
that doesn't seem to bother you Repugs when dubya was tripling the deficit with bogus wars and tax cuts.
what's the cause of the debt now and for next 10 years?
http://www.cbpp.org/cms/index.cfm?fa=view&id=3036
Private sector debt is the financial sector's lifeblood, aka interest. Debt is how capitalists control the country, and foreclose on real assets.
Repugs dump over $1T tax cuts on the super-wealthy, but 9/11 responders get ed.
Dems outraged as GOP blocks 9/11 responders’ health bill
http://www.rawstory.com/rs/2010/12/g...sponders-bill/
Those responders just don't own enough Congressmen.
What will tax cuts do to the fiscal deficit, CC?
What have they been doing to it for the better part of a decade?
You guys sound like the drunkard praying for sobriety, while at the same time praying for the party to continue for a just few more days.
Can you not see the dissonance there, CosmicCowboy?
so since the republicans spent and people learned their lesson"debt driven economy is toxic in the long run"
that doesn't seem to bother you Repugs when dubya was tripling the deficit with bogus wars and tax cuts.
what's the cause of the debt now and for next 10 years?
http://www.cbpp.org/cms/index.cfm?fa=view&id=3036
Private sector debt is the financial sector's lifeblood, aka interest. Debt is how capitalists control the country, and foreclose on real assets.
but you think since the republicans did it
it is ok the donkeys do it
it does not matter if it is for the better of the country though
tax cuts will keep the businesses from firing you so you can pay taxeds
actually it is not a tax cut since it is already law
the so called president said he would not raise taxes
if he does not extent the bush tax cuts he will raise taxes
if he doesn't extend the bush tax cuts? Do you understand how our government works?
Oh and it is a tax cut. Currently the law next year is a reversion to the permanent tax rate. They are currently seeking to cut those taxes.
A step in the right direction.
The Untold Story of the Tax Deal
Washington, D.C. -- The Senate Democrats actually had the votes they needed to pass unemployment extenders and middle-class tax cuts -- if they had used the Senate rules as if they wanted to win. Tax and spending changes like these are immune to filibusters as long as the Senate, by a majority vote, chooses to use the Budget Reconciliation process.
That's how the Bush tax cuts were enacted in the first place -- because Bush didn't have 60 votes for them in the Senate, either. Indeed, getting 60 votes for a fiscal measure is difficult in any political climate, which is precisely why Congress in 1974 adopted a bill that allowed the Senate to act on budgetary matters using a simple majority.
Republicans have historically been the biggest fans -- and the most skilled deployers -- of this process. Indeed, the original Reagan budget package in 1981 was also passed using Budget Reconciliation because, as then Senate majority leader Howard Baker put it: "Congress was able to consider President Reagan's economic program as a whole, resistant to the type of special interest pressures that would have scuttled the savings if they had been proposed in piecemeal fashion."
So both the Reagan and the Bush economic programs were enacted by the Senate on a simple majority vote. The Democrats could have, and apparently considered, doing the same thing in this lame-duck session. They could have packed unemployment compensation and other fiscal-stimulus extenders along with the middle-class portion of the Bush tax cuts and passed them. But that would have required Democratic senators to play hardball and operate by majority rule -- something too many of them have been afraid of doing for two years. There's no evidence that President Obama used his bully pulpit to pressure them to use the only procedure under which Congress has ever managed to behave in a fiscally rational fashion -- so he's not off the hook, but neither is he the only culprit.
http://www.huffingtonpost.com/carl-p...tml?view=print
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ing Dems, what less wimps.
Yes, they obviously lack the courage you show day in and day out.
Letting the law expire wouldn't be a tax hike but renewing it would be a tax cut?
There will be very little economic impact in extending the tax cuts. The real question should be, how much damage to the economy did we avoid by not raising taxes?
IMO the democrats are dumb as . NOONE wants the tax to go up. The president is right on this one.
both dems and reps are in a sad state.
Yeah, that kinda flew at me too.
I've pretty much come around to the feeling that I hope everyone's taxes go up. Not just the top tax bracket. Let this expire for everyone. If our country really learned anything in this financial crisis lets prove it. If we really want expensive government programs - no matter how well merited we think they are - we should all start to pay for them.
Short term economy be damned, this is about something bigger.
That being said I'm sure the Dems will cave soon.
I'm amazed Manny. Before you know it you are going to be a conservative.
As I have said repeatedly, EVERYONE needs to pay SOME taxes so they have skin in the game.
When half the population doesn't pay ANY taxes in a Democracy then overspending and then overtaxing the other half is inevitable.
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