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Bush Tax Cuts: More Dems Come Out Against Tax Increases For The Rich STEPHEN OHLEMACHER | 09/ 2/10 07:37 PM | WASHINGTON — Congress seems increasingly reluctant to let taxes go up, even on wealthier Americans.
Worried about the fragile economy and their own upcoming elections, a growing number of Democrats are joining the rock-solid Republican opposition to President Barack Obama's plans to let some of the Bush administration's tax cuts expire.
Democratic leaders in Congress still back Obama, but the willingness to raise taxes is waning among the rank and file as the stagnant economy threatens the party's majority in the House and Senate.
"In my view this is no time to do anything that could be jarring to a fragile recovery," said Rep. Gerry Connolly of Virginia, a first-term Democrat.
The pushback on tax increases comes as lawmakers and the Obama administration consider ways to boost the economy and increase the speed of an anemic recovery. Along with tax cuts for middle- and low-income families, Obama said this week that he would soon be proposing new measures to grow the economy and encourage hiring, including additional business tax cuts.
White House press secretary Robert Gibbs said Thursday that there wouldn't be another big stimulus bill, but he declined to say what options Obama's economic team was considering, including whether a temporary payroll tax holiday for businesses was on the table. The White House has said it was open to that idea in the past.
The most sweeping tax cuts in a generation are due to expire in January, and that's setting up a showdown when lawmakers return from their summer vacations this month. By waiting to act on the tax cuts until just before congressional elections in November, Democratic leaders have raised the stakes, politically and for taxpayers.
If Congress fails to act – a possibility given the gridlock that has gripped the Senate – workers at every income level would face significant tax increases next year.
Taxpayers making between $40,000 and $50,000 a year would get hit with an average income tax increase of $923 next year. Those making between $50,000 and $75,000 would face an average increase of $1,126, according to estimates by the nonpartisan Joint Committee on Taxation................>>>>.....................>>>>...................http://www.huffingtonpost.com/2010/09/02/bush-tax-cuts-more-dems-c_n_703973.html
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GrahamBonnet |
September 3, 2010, 8:35am |
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Here is what you need to know about SH!THEEL DEMOCRAPS who want to STEAL STEAL STEAL our f'ing money:
READ CAREFULLY THE ABOVE SECTION:
"Taxpayers making between $40,000 and $50,000 a year would get hit with an average income tax increase of $923 next year. Those making between $50,000 and $75,000 would face an average increase of $1,126,"
Democraps, who are born lying pieces of gorilla excrement, like to LIE, and say these are tax cuts for the RICH, which they are NOT. Only by a lying piece of filth's estimate is a person making 40K RICH. And democraps are criminal, LYING SONSOFBITCHES. I say vote the ba$tards OUT and never let them back in. Who else is tired of the tyranny? |
| "While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat." |
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Shadow |
September 3, 2010, 9:23am |
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GB you have to understand the liberal progressive Democrats definition of rich, anyone with a job. |
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GrahamBonnet |
September 3, 2010, 7:50pm |
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You summed it up well. |
| "While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat." |
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Kevin March |
September 3, 2010, 10:07pm |
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Stealing from the rich is stealing from the poor. If the rich have less money, they employ less people. |
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Tommy |
September 3, 2010, 11:04pm |
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Stealing from the rich is stealing from the poor. If the rich have less money, they employ less people.
Complete nonsense. While running against Reagan for the Presidential nomination in 1980, even George Bush derided Reaganomics as "voodoo economics". |
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Kevin March |
September 3, 2010, 11:09pm |
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George Bush (41) was a complete idiot. He proved it early in his presidency and it was part of the reason that he wasn't re-elected for a second term. |
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senders |
September 4, 2010, 10:03am |
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why does anyone care who is RICH.....rich is SUBJECTIVE......I have what I have because I have what I have and I F'EN work for it.......MY CHOICE.... trade will ALWAYS HAPPEN......just stay out of the system.....dont engage them......we could be trading with buttons that have value but those 'in charge' will like to control it.......
100,000 buttons will be taxed at 25%.......
the system is the issue not who has what or even what the hell they do with it.......BOTH PARTIES partake in this......then say"well, YOU are not giving enough."-----Robinhood rules meted out by both legislative parties and the plebs just say OK........ |
| ...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS
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Kevin March |
September 4, 2010, 6:46pm |
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Complete nonsense. While running against Reagan for the Presidential nomination in 1980, even George Bush derided Reaganomics as "voodoo economics".
And we see how successful George Bush was a President. You're point??? Read My Lips, trickle down economics works. |
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bumblethru |
September 4, 2010, 7:15pm |
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There will be NO economic/job growth as long as obama and the liberal socialists are in office. There are multi-million/billion dollar companies, that in their 5 year plan, was expansion in this country. HUGE expansion! They have since pulled the plug on them. Why? What would the point be....these businesses would be hit with higher taxes and huge obamcare fees! They would be expanding just to support the government.
Well they ain't doin' it!! |
| When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche “How fortunate for those in power that people never think.” Adolph Hitler |
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DemocraticVoiceOfReason |
September 5, 2010, 11:11am |
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And we see how successful George Bush was a President. You're point??? Read My Lips, trickle down economics works.
George H.W. Bush was quite successful -- the Berlin Wall came down, the Soviet Union fell, we won the 1st Gulf War, and President Bush and Congress passed the "spending caps" which led to the balanced budgets of the later 1990's. I almost forgot .. the Americans with Disabilites Act -- a great piece of legislation. |
| George Amedore & Christian Klueg for NYS Senate 2016 Pete Vroman for State Assembly 2016[/size][/color] "For this is what America is all about. It is the uncrossed desert and the unclimbed ridge. It is the star that is not reached and the harvest that is sleeping in the unplowed ground." Lyndon Baines Johnson |
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GrahamBonnet |
September 5, 2010, 11:36am |
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...yeah, it was great to have a federal mandate to shut down small businesses, put handicap ramps that lead to the stage where strippers dance a pole dance, make mom-and-pops have to build 100 square foot toilet rooms, have to install umptenine handicap spaces, etc etc. Great piece of legislation that crushed the American Dream for thousands of small business that may have expanded to create jobs but under no circumstance could even think about it. If you ran a business and understood the concept of limited resources, including space, money, square footage, you would see how ridiculous the mandate was in a general sense. Another product of the democrap 40 year rule in congress and a president who didn't understand who misconstrued the entire thing would become.
Bush 41 had some good points but caving to liberal advisers and democrap congress was not on that list. |
| "While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat." |
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DemocraticVoiceOfReason |
September 5, 2010, 11:58am |
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...yeah, it was great to have a federal mandate to shut down small businesses, put handicap ramps that lead to the stage where strippers dance a pole dance, make mom-and-pops have to build 100 square foot toilet rooms, have to install umptenine handicap spaces, etc etc. Great piece of legislation that crushed the American Dream for thousands of small business that may have expanded to create jobs but under no circumstance could even think about it. If you ran a business and understood the concept of limited resources, including space, money, square footage, you would see how ridiculous the mandate was in a general sense. Another product of the democrap 40 year rule in congress and a president who didn't understand who misconstrued the entire thing would become.
Bush 41 had some good points but caving to liberal advisers and democrap congress was not on that list.
If you have ever been disabled and in a wheelchair - as I have been - you would feel differently about the whole accessibility issue. I thank President George HW Bush for signing that legislation and will remain eternally grateful to him and all those who voted for it. |
| George Amedore & Christian Klueg for NYS Senate 2016 Pete Vroman for State Assembly 2016[/size][/color] "For this is what America is all about. It is the uncrossed desert and the unclimbed ridge. It is the star that is not reached and the harvest that is sleeping in the unplowed ground." Lyndon Baines Johnson |
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GrahamBonnet |
September 5, 2010, 12:21pm |
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There is no room for discretion and that is a pile of crap. How many wheelchair bound strippers do you think there are? Fools. |
| "While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat." |
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CICERO |
September 5, 2010, 12:37pm |
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