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Thread: Senate Democrats’ budget plan will reopen battle over taxes

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    Senate Democrats’ budget plan will reopen battle over taxes

    By Lori Montgomery, Sunday, January 20, 2:37 PM

    Looks like the republican party are getting what they ask for...in spades.

    <Senate Democrats plan to draft a budget blueprint that calls for significantly higher taxes on the wealthy, oil and gas companies and corporations doing business overseas, reopening a battle over taxes Republicans had hoped to lay to rest with the “fiscal cliff.”>


    <“There’s going to have to be some spending cuts, and those will be negotiated,” Schumer, the No. 3 Democrat in the Senate, said in an interview after the show. “But doing a budget is the best way for us to get revenues.”>

    <House Republicans are eager to draft a reconciliation bill to cut spending on federal health programs and to overhaul the tax code, in part by cutting rates. And Democrats are eager to draft a reconciliation bill that would raise additional revenue, in part by limiting tax breaks for wealthy individuals, oil and gas companies and multinational corporations.>

    Senate Democrats&rsquo; budget plan will reopen battle over taxes - The Washington Post
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    Re: Senate Democrats’ budget plan will reopen battle over taxes

    Awesome. Now when the dems are forced to meet in the middle since there will be no deem and pass legislation, Obama will have to put up or shut up.

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    Re: Senate Democrats’ budget plan will reopen battle over taxes

    Quote Originally Posted by Fisher View Post
    Awesome. Now when the dems are forced to meet in the middle since there will be no deem and pass legislation, Obama will have to put up or shut up.

    This is the part I like’ higher taxes on the wealthy, oil and gas companies and corporations doing business overseas, ‘.About time they pay instead of snuggling up to the public tit with their subsidies.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Senate Democrats’ budget plan will reopen battle over taxes

    Quote Originally Posted by Whipsnade View Post
    Looks like the republican party are getting what they ask for...in spades.
    You mean they're finally going to do their freakin' job?? I'll believe it when I see it. Perhaps they'll even start taxing labor unions -- there's absolutely no reason why they should be tax-exempt.

    Edit:

    And, for that matter, start taxing the KKK, Westboro Church, the NRA and counless others that aren't charities.
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    Re: Senate Democrats’ budget plan will reopen battle over taxes

    Quote Originally Posted by Whipsnade View Post
    This is the part I like’ higher taxes on the wealthy, oil and gas companies and corporations doing business overseas, ‘.About time they pay instead of snuggling up to the public tit with their subsidies.
    I am not for subsidies in any way, but why are democrats against subsidies for corporations, ...but for subsidies to people, or business that the WH approves of.

    nothing in the constitution states government can hand out money...to anybody.

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    Re: Senate Democrats’ budget plan will reopen battle over taxes

    Quote Originally Posted by MaggieD View Post
    You mean they're finally going to do their freakin' job?? I'll believe it when I see it. Perhaps they'll even start taxing labor unions -- there's absolutely no reason why they should be tax-exempt.

    Edit:

    And, for that matter, start taxing the KKK, Westboro Church, the NRA and counless others that aren't charities.
    They’ll start taxing unions when they start showing a profit Maggie. How about taxing churches; are you for that as well?
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Senate Democrats’ budget plan will reopen battle over taxes

    Quote Originally Posted by Whipsnade View Post
    This is the part I like’ higher taxes on the wealthy, oil and gas companies and corporations doing business overseas, ‘.About time they pay instead of snuggling up to the public tit with their subsidies.
    Higher taxes on the wealthy is political smoke and mirrors, but c-corps definitely need to be reigned in.

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    Re: Senate Democrats’ budget plan will reopen battle over taxes

    Quote Originally Posted by ernst barkmann View Post
    I am not for subsidies in any way, but why are democrats against subsidies for corporations, ...but for subsidies to people, or business that the WH approves of.

    nothing in the constitution states government can hand out money...to anybody.
    Most of the time people that get subsidies don't make $80 billion in record profits as the three largest U.S. oil companies did in 2011.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Senate Democrats’ budget plan will reopen battle over taxes

    Quote Originally Posted by Whipsnade View Post
    Most of the time people that get subsidies don't make $80 billion in record profits as the three largest U.S. oil companies did in 2011.
    that makes no difference, no one should be getting any subsidies, it is not constitutional, it is not a duty of congress.

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    Re: Senate Democrats’ budget plan will reopen battle over taxes

    Quote Originally Posted by Whipsnade View Post
    They’ll start taxing unions when they start showing a profit Maggie. How about taxing churches; are you for that as well?
    Churches do charitable work. They aren't businesses.

    Edit: Unions are 501(c)3's. They don't pay income taxes. (They do, I believe, pay taxes on political contributions.)
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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