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Reply #17: And here is what he proposes [View All]

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Inuca Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-12-11 01:20 PM
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17. And here is what he proposes
a few recent tweets. Possibly written up already written up somewhere, I did not look. These I think are from jay Carney's presser.

jaketapper Jake Tapper
by ezraklein
WH: pay for Jobs bill by limiting deductions for those w/ income over $250K, higher rate for hedge fund managers + Oil, gas, corp jet

markknoller Mark Knoller
WH jobs bill would raise taxes on $200k/$250K earners by limiting tax deductions and exemptions by $400 billion over 10 years.

markknoller Mark Knoller
Jobs billl would make hedge fund managers treat their earnings as income, not capital gains to generate $18billion over 10 years.

markknoller Mark Knoller
Jobs Bill would seek to close tax loopholes used by oil and gas companies to generate $40-billion over ten years.

markknoller Mark Knoller
And corporate jets would have to be depreciated in 5 years not 7: for estimated $3-billion in tax revenue.

markknoller Mark Knoller
WH plans to raise $467-billion to pay for the $448-billion dollar jobs bill - to build in a cushion - says budget director Jack Lew.

And Boehner response (surprise!)
jacksonjk Jill Jackson
Boehner Spokesman Michael Steel says WH tax increase offsets for jobs bill "doesn’t appear to have been offered in that bipartisan spirit”
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