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Fri Nov 9, 2012, 08:00 PM

Try this leave the bush tax cut alone (let them expire) and put in place

A tax cut for 100% of americans for the first $250,000 of income and any income above $250,000 will be taxed as would have been when the bush tax expired (which is what taxes were under Clinton in 1999). This would not be a tax increase just a cut in tax for the first quarter of a million of income. Grove Norquist can not say that anyone voted to increase anyones tax. It is very important how we use words to describe what we want to do like with "entitlements" which need to be called by there real name "earned benefits".

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Reply Try this leave the bush tax cut alone (let them expire) and put in place (Original post)
awake Nov 2012 OP
JeffHead Nov 2012 #1
ReRe Nov 2012 #2
joshcryer Nov 2012 #3
awake Nov 2012 #4

Response to awake (Original post)

Fri Nov 9, 2012, 08:07 PM

1. It's the only way it's going to happen. IMO

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Response to JeffHead (Reply #1)

Fri Nov 9, 2012, 10:06 PM

2. Agree

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Response to awake (Original post)

Fri Nov 9, 2012, 10:07 PM

3. This is basically the only solution.

And any negotiation before the cuts expire will have the cuts extended.

That would be an epic fail on epic proportions. I mean holy shit how bad would that be.

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Response to joshcryer (Reply #3)

Sat Nov 10, 2012, 12:35 AM

4. while it is possible to pass tax cuts for the 1st $250,000 of income before the end of this year

I am afraid you may be right that it will have to happen in Jan. to bad it would be nice to just do it now. We may need to see the Bush Taxes expire but we can not under any condition extend them again. This needs to be the Obama Tax cut for all Americans (up to the 1st $250,000 of income that is).

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