Thank you, Quazi!
Last edited by iguanaman; 11-10-12 at 05:14 PM.
Why is it that liberals think America’s problems only ride on the shoulders of the rich? Why would it be wrong in any way, if you are going to ask the rich to pay millions more in taxes, to ask the other 95% to pay “their” share in to the tune of a few dollars more per week ?
It’s goes right back to the mentality, of the liberals, hating the rich, be it envy, or whatever. 5% of this country didn’t put us in a trillion dollar a year deficit .. We all did. So why should 5% of the country be expected to dig us out of the whole?
There will be no blame to anyone, the tax cut were set to expire in 2010... Obama and the Dem's extended them, there is no bill that need be presented, no vote need be taken, simply put those tax cuts will expire, just as they were meant to do. So you can go back and blame Bush some more, because he intended them to expire in 2010 for EVERYONE..... opps I guess they aren't so dumb after all... because even Obama can't stop them from expiring.
The compromise will end up being all the tax deductions for the rich are taken away and there are spending cuts in entitlements and military. The current payroll tax cut could get an expiration date as well.
"We’re going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share. In theory, some of those loopholes were understandable, but in practice they sometimes made it possible for millionaires to pay nothing, while a bus driver was paying ten percent of his salary, and that’s crazy." -Reagan
I think that is what the right will offer up, if the left refuses ... then we will see all the tax cuts just expire
If they play nice they may get some of the sequester cut, which the additional revenue of $80 billlion will pay for nicely.
Lets not forget ... the house just passed a bill extending the tax cuts for everyone ... So are you saying that the Dem's are going to have a hard time explaining why they raised taxes on the middle class if that bill doesn't pass ??