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End the Bush Tax Giveaways

By CL   Follow   Thu, 2 Aug 2012, 3:27pm   682 views   11 comments
In Emeryville CA 94608   Watch (0)   Share   Quote   Permalink   Like (1)   Dislike  

http://www.bloomberg.com/news/2012-08-02/fiscal-cliff-crisis-rooted-in-senate-ploy-to-pass-bush-tax-cuts.html

In 2011, they helped contribute $1.1 trillion to the debt. In total, since 2001, the CBO calculates that tax cuts have helped add $6.1 trillion to the debt. This is what Washington now calls a crisis: completely predictable arithmetic, compounded over a decade by a consistent refusal to acknowledge reality.

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1. futuresmc Follow Befriend (1) 1 threads 387 comments Buffalo, NY

   1   3:36pm Thu 2 Aug 2012   Share   Quote   Permalink   Like (1)   Dislike   CL says 2011, they helped contribute $1.1 trillion to the debt. In total, since 2001, the CBO calculates that tax cuts have helped add $6.1 trillion to the debt. This is what Washington now calls a crisis: completely predictable arithmetic, compounded over a decade by a consistent refusal to acknowledge reality. It didn't have to be. If we'd been more judicious in going to war, if we'd created Medicare part D with an eye towards cost containment and used it to renegotiate better prices accross the board for Medicare, we could keep all the cuts now. But we didn't. It's classic 'starve the beast', waste a surplus so that when the fit hits the shan, social programs have to loose funding and government services have to be privatized. I generally don't like to strike directly at one party or the other, but Republicans wasted a surplus and spent like drunken sailors and now they want Democrats to clean up their mess, which they know is politically unpopular. Everyone worships the guy who started the party; nobody thanks the shlub who cleans up the wreckage afterwards.

2. Honest Abe Follow Befriend (41) 91 threads 1,806 comments

   2   1:24pm Fri 3 Aug 2012   Share   Quote   Permalink   Like   Dislike   http://danieljmitchell.wordpress.com/2012/04/22/if-you-want-to-understand-why-obamas-tax-agenda-is-bad-for-workers-this-picture-says-a-thousand-words/ Capitalists are the workers best friend. Look at the chart.

3. CL Follow Befriend (12) 140 threads 1,355 comments Emeryville, CA

   3   4:03pm Fri 3 Aug 2012   Share   Quote   Permalink   Like   Dislike   I guess we're okay then! Here I thought we were mired in stagnate wages, excessive household debt (to compensate for our low wages), and high unemployment with downward mobility. Why didn't the money given to the top income bracket for the last several decades translate into wealth for the middle class and poor?

4. APOCALYPSEFUCK is Shostakovich Follow Befriend (28) 170 threads 4,190 comments Premium

   4   5:20pm Fri 3 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   A tax cut will create incredible new wealth and unlimited new jobs. But only if all regulation disappears.

5. HEY YOU Follow Befriend (4) 330 threads 917 comments

   5   6:55pm Fri 3 Aug 2012   Share   Quote   Permalink   Like (1)   Dislike   End all taxes. Anyone that wants me to pay any taxes is a SOCIALIST. How you like it Norquist.

6. APOCALYPSEFUCK is Shostakovich Follow Befriend (28) 170 threads 4,190 comments Premium

   6   9:36pm Fri 3 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   Fuck, anyone who wants you to pay taxes is SATAN!

7. Honest Abe Follow Befriend (41) 91 threads 1,806 comments

   7   6:38am Sat 4 Aug 2012   Share   Quote   Permalink   Like   Dislike   Tax cuts add nothing to the debt unless there is a PRIOR SPENDING ISSUE. Politicians who spend in excess of the budget should be held personally responsible for its repayment. Do you think those spend-thrift idiots would live within the budget with that type of restraint?

8. Nobody Follow Befriend 10 threads 274 comments San Jose, CA

   8   1:18pm Mon 6 Aug 2012   Share   Quote   Permalink   Like   Dislike   Why end it? 1% needs to hoard more money to keep the 99% their slaves. While I am at it, I am going to demand the companies that I invest in to make more profit by letting go more workers.

9. APOCALYPSEFUCK is Shostakovich Follow Befriend (28) 170 threads 4,190 comments Premium

   9   1:37pm Mon 6 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   Obama PERSONALLY promised I could eat all the white babies I wanted for spreading terrible lies here on PatNet, after he declares martial law and installs himself as the Sublime Porte for life!

10. CL Follow Befriend (12) 140 threads 1,355 comments Emeryville, CA

    10   4:24pm Mon 6 Aug 2012   Share   Quote   Permalink   Like   Dislike   Our problem is that our rich aren't rich enough!

11. APOCALYPSEFUCK is Shostakovich Follow Befriend (28) 170 threads 4,190 comments Premium

    11   5:52pm Mon 6 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   Right on, CL! As long as Veteran Combat Hair Stylist Mittycakes is not Free to appoint a horse to the Senate, Freedom has no meaning.