Fri Nov 9, 2012, 08:00 PM
awake (581 posts)
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".
4 replies, 379 views
Try this leave the bush tax cut alone (let them expire) and put in place (Original post)
Response to JeffHead (Reply #1)
Fri Nov 9, 2012, 10:06 PM
ReRe (4,844 posts)
Listen to NormanGoldman.com, 6-9PM EST, M-F ****GOTV 2014!****GOTV 2014!****GOTV 2014!****GOTV 2014!****GOTV 2014!****GOTV 2014!****GOTV 2014! GOTV 2014!****GOTV 2014!****GOTV 2014!****GOTV 2014!****GOTV 2014!
Response to awake (Original post)
Fri Nov 9, 2012, 10:07 PM
joshcryer (42,956 posts)
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.
I'm a Huey Long Democrat. They've got a set of Republican waiters on one side and a set of Democratic waiters on the other side, but no matter which set of waiters brings you the dish, the legislative grub is all prepared in the same Wall Street kitchen. - 1932
Response to joshcryer (Reply #3)
Sat Nov 10, 2012, 12:35 AM
awake (581 posts)
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).