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...Republican ‘Jobs Plan’ Spends $10 Trillion On Ineffective Tax Cuts For The Rich And Corporations

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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 11:59 AM
Original message
...Republican ‘Jobs Plan’ Spends $10 Trillion On Ineffective Tax Cuts For The Rich And Corporations
ANALYSIS: Republican ‘Jobs Plan’ Spends $10 Trillion On Ineffective Tax Cuts For The Rich And Corporations

The GOP jobs plan also includes a huge corporate tax cut, which will be examined in more depth later. Not only are these tax cuts incredibly expensive, they also provide little “bang for the buck” in terms of job creation, according to both the Congressional Budget Office and Moody’s Economy.com.

Read the full report, “Republicans’ $10 Trillion Giveaway,” here.



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JuniperLea Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 12:07 PM
Response to Original message
1. These idiots just don't get it...
We understand their VooDoo economics, and we know it doesn't work (as advertised), yet they just keep recycling the bullshit.

Listen up, GOP, we're onto your bullshit, and we aren't as stupid as your TeaBaggers!
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 01:47 PM
Response to Reply #1
4. They have the nerve to propose this
Edited on Tue Aug-03-10 01:48 PM by ProSense
Bet they will not support extending the middle class tax cuts, which amounts to one-fifth of their proposal.

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JuniperLea Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 01:50 PM
Response to Reply #4
6. True... and that alone points to the disparity...
I'm waiting for the collective whine about how we're ganging up on the rich... class warfare exists already, but you know how down is up.
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LonePirate Donating Member (898 posts) Send PM | Profile | Ignore Tue Aug-03-10 12:16 PM
Response to Original message
2. This sounds like an excellent question for my Rethug Congresswoman during her town halls this month
Teachers and policemen and people with real jobs should face the brunt of cuts because some millionaire needs another bottle of imported champagne.
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BlueIdaho Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 12:54 PM
Response to Original message
3. Same shit different decade... nt.
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Rosa Luxemburg Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 01:49 PM
Response to Original message
5. the Teabaggers can't get their heads round on this
it is the poorly paid who lose out. Only the richer get a tax cut under the Bush plan.
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Yavin4 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 01:54 PM
Response to Original message
7. The Wealthy Have All of the Purchasing Power That They Need and More
Right now, they can buy whatever they want, wherever they want, whenever they want. Raising their taxes by .04% does not affect them one way or another. It's a fucking cruel joke at this point.

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