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Reply #5


Response to FreeBC (Reply #4)

Mon Jun 4, 2012, 04:50 PM

5. We're all overlooking one thing. In January 2013 the Bush tax cuts will expire, and...

the "sword of equalization" starts slashing away at the bloated military budget.

Bottom line is this:

-If OBAMA wins the election he will, FOR THE FIRST TIME, have LEVERAGE over a Republican (and Democratic) Congress. All he has to do is NOTHING and tax rates will go up, and military spending will drop. Republicans and/or Democrats will have incentive to re-write the tax code, and only Obama can pass it.

-On the other hand, if ROMNEY wins and has a Republican Congress it would be an entirely different story. The incentive to re-write the tax code will still be there, but the GATEKEEPER WITH A PEN will have an entirely different set of priorities on taxes.

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Replies to this discussion thread
Arrow 7 replies Author Time Post
Galraedia Jun 2012 OP
Angry Dragon Jun 2012 #1
TrollBuster9090 Jun 2012 #3
TrollBuster9090 Jun 2012 #2
FreeBC Jun 2012 #4
LineLineNew Reply We're all overlooking one thing. In January 2013 the Bush tax cuts will expire, and...
TrollBuster9090 Jun 2012 #5
Rosa Luxemburg Jun 2012 #6
OKNancy Jun 2012 #7
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