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FOX myths debunked.
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bpuharic
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First recorded activity by BoatBanter: Dec 2009
Posts: 4,106
FOX myths debunked.
On Thu, 24 Nov 2011 00:44:41 -0500,
wrote:
On Wed, 23 Nov 2011 14:44:38 -0500, iBoaterer wrote:
REALITY: The two biggest drivers of our deficit?by far?are the economic
crash and the Bush tax cuts.10
The Bush tax cut portion for the quarter millionaires is $70 billion a
year ($700b over 10 years according to OMB)
The Obama payroll tax cut is $170 billion a year.
The Bush tax cut on everyone but the quarter millionaires is $300
billion a year.
If you are serious about revenue, drop all of those tax cuts.
The spending problem is not infrastructure and bull**** like NPR/PBS.
It is the entitlements and DoD.
You can't get the right to cut DoD and the left will not do anything
meaningful with entitlements.
nor will the right agree to tax increases for the rich who caused this
problem
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