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Mon Dec 3, 2012, 12:15 PM

Kill All the Bush Tax Cuts and Start Over

That's the answer. Let all the Bush tax cuts expire and start over with new proposed tax cuts only for the middle class. Get the Republicans on record as being opposed to middle class tax cuts. Let them go back to the voters with that on their resume.

Bush I and Clinton raised taxes and cut defense, and we got budget surpluses.


Also, don't fall for the tax deduction bullshit. Every tax deduction in the code has a strong lobbying group behind it. If you take away mortgage deductions, the banks and the housing industry will swarm the congress and kill any cuts.

21 replies, 2453 views

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Arrow 21 replies Author Time Post
Reply Kill All the Bush Tax Cuts and Start Over (Original post)
Yavin4 Dec 2012 OP
boingboinh Dec 2012 #1
robinlynne Dec 2012 #2
DFW Dec 2012 #3
Vincardog Dec 2012 #4
Phlem Dec 2012 #5
WaitWut Dec 2012 #6
cstanleytech Dec 2012 #7
ErikJ Dec 2012 #8
1ProudAtheist Dec 2012 #9
Lasher Dec 2012 #10
SouthernDonkey Dec 2012 #11
Dawgs Dec 2012 #12
Xyzse Dec 2012 #13
NuttyFluffers Dec 2012 #14
grantcart Dec 2012 #15
harmonicon Dec 2012 #16
thatwhichisnt Dec 2012 #17
Filibuster Harry Dec 2012 #18
former9thward Dec 2012 #19
Skittles Dec 2012 #20
D23MIURG23 Dec 2012 #21

Response to Yavin4 (Original post)

Mon Dec 3, 2012, 12:19 PM

1. Gawd Forbid the MSM bring this obvious logic up.

 

Thank you

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Response to Yavin4 (Original post)

Mon Dec 3, 2012, 01:02 PM

2. of course!

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Response to Yavin4 (Original post)

Mon Dec 3, 2012, 01:08 PM

3. This idea is not absent from White House thinking.

They see it as a serious option if Bonehead and the Teabaggers refuse to remove their heads from the recesses of their digestive systems.

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Response to Yavin4 (Original post)

Mon Dec 3, 2012, 01:09 PM

4. Return the rich to Eisenhower rates.

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Response to Yavin4 (Original post)

Mon Dec 3, 2012, 01:23 PM

5. Me thinks

that's the strategy after we go over said "cliff".

-p

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Response to Yavin4 (Original post)

Mon Dec 3, 2012, 01:32 PM

6. I think that this was the plan all along...

Everything up to this point is just a "sound bite" competition.

R's aren't going to go on record with a comparable plan, Pelosi can't get the 25 R's signatures to petition the house to move on the Senate budget, Republican leadership is getting great air time being "flabber-gasted..." and Democrats are happy being the one's with an idea. Dem's have a backbone, and Rep's will stand strong. Both bases can point at the other one as the one at fault and everyone is happy placing blame.

It is simply just good TV.

Once January 1 hits, then Congress (both sides of the aisle) will be able to negotiate more effectively because the Republicans will be cutting taxes, and Democrats will be increasing benefits.

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Response to Yavin4 (Original post)

Mon Dec 3, 2012, 01:41 PM

7. Agree 100%, the democrats need to do exactly that.

Sure it might hurt the economy in the short term but as things stand now the economy is suffering because of the fact the rich reneged on upholding their part of the bargain to create the jobs the country needs for those big tax cuts they were given years ago.

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Response to Yavin4 (Original post)

Mon Dec 3, 2012, 01:55 PM

8. Kill the lobbies too!

50 corporate lobbyists to every congress member isnt democracy.

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Response to Yavin4 (Original post)

Mon Dec 3, 2012, 02:03 PM

9. There Is Hidden Wisdom

 

in the words of the original post. Returning capital gains tax rates to 28% and reclassifying dividend income as regular earnings will both result in far more tax revenue than just rolling back the top 3 tax rates to Clinton era levels. I concur..........go over the cliff, then start over. Soak the hell out of those rich bastards who have stolen so much from so many over the last decade.

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Response to Yavin4 (Original post)

Mon Dec 3, 2012, 02:21 PM

10. This is my preference.

I think the only way we're going to see even meager cuts to outrageous Pentagon spending is to go over the so-called "cliff".

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Response to Yavin4 (Original post)

Mon Dec 3, 2012, 02:37 PM

11. Im for it as well!

I like the idea of going back to the Eisenhower rates for the wealthy! It's not dificult to understand here. As we are a capital based society, obviously the ones with the most capital reap the most benefit from that society. The ones reaping the most benefit should be the ones footing most of the bill. Once again, it's simple math. Capital=benefit. Benefit=taxable income. A dollar is a dollar.

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Response to Yavin4 (Original post)

Mon Dec 3, 2012, 02:39 PM

12. Don't worry. The Republicans will do that for you. n/t

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Response to Yavin4 (Original post)

Mon Dec 3, 2012, 02:59 PM

13. I thought I heard Pelosi floating this out already

So, yeah, there are some going for it.

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Response to Yavin4 (Original post)

Mon Dec 3, 2012, 03:10 PM

14. exactly. fiscal cliff my ass, it's just back to pre-Bush good ol days

undoing any of that man's stupid is a boon to our nation.

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Response to Yavin4 (Original post)

Mon Dec 3, 2012, 03:13 PM

15. Which is exactly where the President is going if he doesn't get a good deal.

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Response to Yavin4 (Original post)

Mon Dec 3, 2012, 03:25 PM

16. You first need to have a middle class before you can tax it. (nt)

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Response to Yavin4 (Original post)

Mon Dec 3, 2012, 03:38 PM

17. The best thing we could do

is kill the Reagan tax cuts on upper income.

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Response to Yavin4 (Original post)

Mon Dec 3, 2012, 04:06 PM

18. good political strategy -- put the Rs in a corner. The elimination of tax deduction is bullshit.

And the mortgage interest doesn't affect the rich as much because most rich (for example Romney) don't have a mortgage.

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Response to Yavin4 (Original post)

Mon Dec 3, 2012, 04:53 PM

19. The Republicans can only be put on the record if there is a vote.

If the tax cuts expire the Republicans in the House can simply not bring up a middle class tax cut for a vote. The majority has the power to bring up or not bring up anything. I believe all that tax cuts should be ended. Taxes need to go up for everyone. Democrats need to get out of the tax cut mentality.

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Response to Yavin4 (Original post)

Mon Dec 3, 2012, 08:38 PM

20. they should have done that last time

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Response to Yavin4 (Original post)

Tue Dec 4, 2012, 12:21 AM

21. This is the plan that goes after the Achilles heel.

Being the party of tax cuts won't do the republicans any good if they only support tax cuts for 1% of the electorate.

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