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  #41   Report Post  
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Default the success of the bush tax cuts

On Thu, 09 Jun 2011 23:16:15 -0400, wrote:

On Thu, 09 Jun 2011 21:54:28 -0400, wf3h wrote:

On Thu, 09 Jun 2011 12:36:49 -0400,
wrote:

On Wed, 08 Jun 2011 17:37:30 -0400, wf3h wrote:

On Wed, 08 Jun 2011 01:09:25 -0400,
wrote:

On Tue, 07 Jun 2011 20:18:04 -0400, wf3h wrote:

Obama has been in office over 2 years and he had a filibuster proof
senate along with the house for several months.

well no. the budget is the function of the house and it was not
filibuster proof

There is no filibuster in the house, the majority rules and there are
time limits on all debates.
The dems had the majority in the house.


well lets see...the GOP has had the house for 5 months

how they doing? they balance the budget?


Exactly the same as the democrats. There are really not that much
different.

but, then, you simply say it's the black guy's fault

In this case it was. If Obama wanted the Bush tax cuts to expire, all
he had to do was to veto the extension bill.


and let the middle class take it on the chin...as is usual when the
GOP is involved.


Make up your mind. Were the Bush and now Obama tax cuts a good thing
or a bad thing. You are arguing with yourself now.


There's no need to make up one's mind. Tax cuts are generally not a
good idea right now. However, the $10T Bush tax breaks (mostly to the
rich) were much, much worse.

There was not a veto proof support for the extension

These are now the Obama tax cuts.


uh no.

he proposed ONLY a tax cut for the middle class


The tax cuts on the 250k and over people are only 18% of the total
deal, virtually insignificant. Obama's 14% drop in the FICA tax costs
over twice what that would have given us back.

Yet Obama extended the whole tax cut plus the double down.

The total cost of the Obama tax cut is almost a half trillion a year.
($370B for the income tax cut and $120B for the payroll tax cut.)
We are borrowing every nickel of that.

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Default the success of the bush tax cuts

On Thu, 09 Jun 2011 12:12:30 -0600, Canuck57
wrote:

On 08/06/2011 9:09 AM, wrote:
On Wed, 08 Jun 2011 00:54:12 -0600,
wrote:

On 07/06/2011 6:18 PM, wf3h wrote:
while the ku klux clowns are blaming obama for bush's turning the
economy over to the chinese, let's look at the effects of 10 years of
bush tax cuts

http://motherjones.com/mojo/2011/06/...-bush-tax-cuts

Between 2001 and 2010, the Bush tax cuts added $2.6 trillion to the
public debt, 50 percent of the total debt accrued during that time.
Over the past 10 years, the country has spent more than $400 billion
just servicing the debt created by the cuts.

Tax collections have plunged to their lowest share of the economy in
60 years.

Between 2002 and 2007, employment increased by less than 1 percent
when the economy was supposed to be expanding. Employment growth
barely kept pace with population growth. Between the end of 2001, when
the country was in a recession, and the peak of the real estate
bubble, er, economic expansion in 2007, the US economy performed worse
than at any time since the end of World War II.

Median weekly earnings fell more than 2 percent between 2001 and 2007.
Meanwhile, people making over $3 million a year, who account for just
0.1 percent of taxpayers, got an average tax cut of $520,000, more
than 450 times what the average middle-income family received.

----------

and the right wing tells us how WONDERFUL this is...the rich are
getting richer...the middle class, worthless scum that they are, are
paying for it.

as god intended.

Where do you get this BS. Bush was not presiand dent in 2009 and
2010...unless of course he looked like Obama.

As for debt spend, Obama has already added much more debt than Bush did
in 8 years, problem is Obama isn't even through his first, and hopefully
last term.

Tax collections are low because producers are not making any money and
with 8 million lost jobs off of 2006 Congress starting, plus replacement
jobs are crap, well, you don't make it you don't get taxed on it.

Bet a lot of people would love to go back to the 2002 and 2006
employment type stats. You know, before democratic congress of 2006
botched it up.

There was no expansion in 2007, that is when the Congress was screwing
with interest rates and market liquidity dried up. Hey, why should I
lend money for nothing but a load of risk?

Funny, and the top 20% of earners pay 80% of the taxes. So do you mean
there is revenue in those 80% of the turnips?


I know were you got your stupid... suggestion: stop banging your head
on the wall so much.


Pay your taxes boy. Oh, forget, you are a broke loser. Just hind sucking.


I know you have trouble distinguishing gender... perhaps you can find
your man parts if you look really hard.
  #43   Report Post  
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Default the success of the bush tax cuts

On Thu, 09 Jun 2011 23:16:15 -0400, wrote:

On Thu, 09 Jun 2011 21:54:28 -0400, wf3h wrote:

On Thu, 09 Jun 2011 12:36:49 -0400,
wrote:

On Wed, 08 Jun 2011 17:37:30 -0400, wf3h wrote:

There is no filibuster in the house, the majority rules and there are
time limits on all debates.
The dems had the majority in the house.


well lets see...the GOP has had the house for 5 months

how they doing? they balance the budget?


Exactly the same as the democrats. There are really not that much
different.



so obama's not the problem

gee. and yet the right wing continues to assert he is.


and let the middle class take it on the chin...as is usual when the
GOP is involved.


Make up your mind. Were the Bush and now Obama tax cuts a good thing
or a bad thing. You are arguing with yourself now


HAHAHAH you kind of forgot

obama proposed a tax cut ONLY for those making less than 250K

oh. the right wing hides that


There was not a veto proof support for the extension

These are now the Obama tax cuts.


uh no.

he proposed ONLY a tax cut for the middle class


The tax cuts on the 250k and over people are only 18% of the total
deal, virtually insignificant. Obama's 14% drop in the FICA tax costs
over twice what that would have given us back.


ummm...if they're insignifican

why does ALL GOP policy focus on cutting their taxes?

if the amount is so small, why does the GOP refuse to cut taxes unless
they're rincluded??

  #44   Report Post  
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Default the success of the bush tax cuts

On Fri, 10 Jun 2011 02:13:37 -0400, wrote:

On Thu, 09 Jun 2011 23:53:16 -0400, wf3h wrote:

On Thu, 09 Jun 2011 23:16:15 -0400,
wrote:

On Thu, 09 Jun 2011 21:54:28 -0400, wf3h wrote:

On Thu, 09 Jun 2011 12:36:49 -0400,
wrote:

On Wed, 08 Jun 2011 17:37:30 -0400, wf3h wrote:

There is no filibuster in the house, the majority rules and there are
time limits on all debates.
The dems had the majority in the house.

well lets see...the GOP has had the house for 5 months

how they doing? they balance the budget?

Exactly the same as the democrats. There are really not that much
different.



so obama's not the problem

gee. and yet the right wing continues to assert he is.


He is not part of the solution either,


And your solution is to do what? Eviscerate the middle class and the
poor, and leave the rich alone.


and let the middle class take it on the chin...as is usual when the
GOP is involved.

Make up your mind. Were the Bush and now Obama tax cuts a good thing
or a bad thing. You are arguing with yourself now


HAHAHAH you kind of forgot

obama proposed a tax cut ONLY for those making less than 250K


The $250k and above tax may be nice symbolism but it is insignificant.


It's not insignificant. It's a great start.



There was not a veto proof support for the extension

These are now the Obama tax cuts.

uh no.

he proposed ONLY a tax cut for the middle class

The tax cuts on the 250k and over people are only 18% of the total
deal, virtually insignificant. Obama's 14% drop in the FICA tax costs
over twice what that would have given us back.


ummm...if they're insignifican

why does ALL GOP policy focus on cutting their taxes?

if the amount is so small, why does the GOP refuse to cut taxes unless
they're rincluded??


They are idiots too.


We really needed Obama to veto the whole renewal bill


And the result would have been even more pain for people least able to
handle it.
  #47   Report Post  
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Default the success of the bush tax cuts

In article ,
says...

On Thu, 9 Jun 2011 22:20:37 -0400, I_am_Tosk
wrote:

In article ,
says...

On Thu, 09 Jun 2011 12:46:02 -0600, Canuck57
wrote:

These are now the Obama tax cuts.

Besides, the amounts were talking about, would be like using tooth picks
to save the titanic after its side was riped open. The cuts are not
that much in the $1.6 trillion, $2 trillion US Fed level corruption spend.

The real problem is that DC is living well beyond its means, sort of
like having an income of $10K/mo but spending $25K/mo. Will not last
long before real trouble starts, and in fact it already has. USD has
lost 30% value in just 4 years against the Yuan.

the real problem is that the right believes supply side mythology so
insists you can cut taxes and balance the budget


The problem is liars like yourself who blame Bush for laws the
democratic house and senate wrote and passed,


hmmm...tax cuts for the rich in 2001 and 2003

the GOP controlled the congress and the presidency

t
while now that Obama is in
office, it's the House of Reps, with it's minor majority and no Senate
or Oval office behind them that's responsible.. You are a dip****, your
hypocrisy is only surpassed by the likes of John and Harry Krause...


you know zip about contemporary affairs


And you could care less about truth, just talking points...

--
Team Rowdy Mouse, Banned from the Mall for life!
  #48   Report Post  
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Default the success of the bush tax cuts

On 09/06/2011 6:16 PM, wf3h wrote:

-tax cut in 2001
-tax cut in 2003
-Currency fraud, 2006 democratic congress.
-Interest rate inversion, congress ignores, 2007.
-BO (Bailout Obama coming, market crashes 2008.


There fixed it for ya fleabagger.

Not much has changed in 3 years either other than bankrupcies and
foreclosures of Americans are at an all time high.

Keep up voting for fleabaggers and ruin the American dream for a
generation or two. Best estimates I have is even f turned around now,
it might last 10 years. Borderline hopeless, that the US is bankrupt
just that the gavel hasn't struck yet.

Yep, hopelessness and chumps. It is an Obamanation and legacy.

-CSE's that bankrupted the economy

those are actions

they were done by the right wing.

so i have facts

you have fairy tales



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Government isn't the solution to the bad economy, it is the problem.
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