Can the US afford that $5tr?

Discussion in 'Politics' started by Saigon, Oct 6, 2012.

  1. Saigon
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    Saigon Gold Member

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    Where will the $5 trillion to find Romney's tax plan come from?

    Fairly obviously it isn't all going to come from closing the odd loophole....

    Can the US really afford to borrow another $5 trillion?
     
  2. bigrebnc1775
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    bigrebnc1775 Diamond Member

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    America made a terrible mistake in 2008 in fact it can be spelled out as

    One
    Big
    Ass
    Mistake
    America
    Now is the time to fix the mistake
     
  3. Saigon
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    Saigon Gold Member

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    Big Reb -

    I think you may have acidentally posted that on the wrong thread.

    THIS thread is about the US$5 trillion that Romney's tax plan is expected to cost.
     
  4. Oldstyle
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    Oldstyle Gold Member

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    What five trillion would you be speaking of? The five trillion dollars in tax cuts that the Obama campaign "says" that Romney has proposed? Didn't you get the memo on that, Saigon? Turns out the President and all the rest of you have been lying about that figure just like you've been lying about Romney planning to destroy Medicare and Social Security.

    Just keep repeating it though, little buddy...maybe "someone" will believe you....
     
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  5. Oldstyle
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    Oldstyle Gold Member

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    And why is the "Romney Plan" expected to cost 5 trillion? Because it sounded like a good number when progressives made it up.
     
  6. Saigon
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    Saigon Gold Member

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    Actually no - this figure was put forward by more than one research company and quoted widely in the media here.

    Of course you can say the international media are pasrt of some evil conspiracy, but I think it is more likely that the $5 trillion figure is fairly accurate.
     
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  7. Meathead
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    Meathead Gold Member

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    You are not really that bright, are you?
     
  8. Oldstyle
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    Oldstyle Gold Member

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    LOL...I know that it's a figure that's been "quoted widely in the media", Saigon because it's the figure that the Obama Camp has been feeding them to quote. You think the 5 trillion figure is "fairly accurate"? How noble of you considering you're discussing something that's a number made up by progressives.
     
  9. auditor0007
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    auditor0007 Gold Member

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    Another con with a bad case of dipshititis. You can't cut taxes nearly 30% and think they will be revenue neutral without putting an end to a massive amount of deductions and credits. Since Romney can't tell us what deductions and credits he plans to put an end to, we have to assume that revenues will drop by close to $5 trillion over ten years. Secondly, the only way to remove enough deductions and credits is to go after the ones that the middle class and lower income earners count on the most. This is transfer of wealth from the poor and middle class to the super wealthy. Anyone who doesn't see this is brain dead. Cons trying to con us again.

    What drives me nuts about stupid ideas like this is that many who will support this nonsense will be on the losing end if it goes through.
     
  10. konradv
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    konradv Gold Member

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    Well, with Big Bird off the dole that ought to save 0.0002%. :clap2:
     
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