Obama to Tax Rich for

[Care4all]

For example, if a couple had $10,000 of legal itemized deductions, the tax change would limit the deductible amount to $2,800. Under current law couples earning $250,000 or more can deduct up to 35 percent of their legal deductions. Using the $10,000 figure again, couples can currently deduct $3,500 from their taxes.


Lesseeee the difference in 2800 and 3500 is 700. 700 x 10 is 7000. now in order for this to bring in the projected 634 B means there are one helluva lot of rich people to make 634 billion dollars in ten years...holy shit

why are you multiplying 700 by 10???

cuts in medicare pays for some as well?*

 

[DiveCon]

Before, the dems know they will probaly lose the filibuster proof majority in 2010, they need to get the entire agenda done before that happens.

lets not count our chickens before they hatch

 

[Xenophon]

It's a dead certaincy I believe, the dems have so over reached with the drunken sailor spending spree people are not going to stand for it.

 

[elvis]

It's a dead certaincy I believe, the dems have so over reached with the drunken sailor spending spree people are not going to stand for it.

How much are we up to now? between the stimulus, health care, etc?

 

[manu1959]

It's a dead certaincy I believe, the dems have so over reached with the drunken sailor spending spree people are not going to stand for it.

How much are we up to now? between the stimulus, health care, etc?

between bus and obama over the past six months i believe 2 trillion

 

[elvis]

It's a dead certaincy I believe, the dems have so over reached with the drunken sailor spending spree people are not going to stand for it.

How much are we up to now? between the stimulus, health care, etc?

between bus and obama over the past six months i believe 2 trillion

so the total national debt is 12 trillion? and the budget deficit is?

 

[Care4all]

A senior administration official says Obama's budget calls for financing the overhaul by trimming Medicare spending and limiting tax deductions for upper-income earners.

 

[DiveCon]

It's a dead certaincy I believe, the dems have so over reached with the drunken sailor spending spree people are not going to stand for it.

people have very short memories
depends on what he does from here
and what the economy looks like by Aug of 2010

 

[Care4all]

How much are we up to now? between the stimulus, health care, etc?

between bus and obama over the past six months i believe 2 trillion

so the total national debt is 12 trillion? and the budget deficit is?

closer to 13trillion

 

[DiveCon]

between bus and obama over the past six months i believe 2 trillion

so the total national debt is 12 trillion? and the budget deficit is?

closer to 13trillion

and rising

 

[elvis]

so the total national debt is 12 trillion? and the budget deficit is?

closer to 13trillion

and rising

it's hard to imagine America tolerating this for long

 

[DiveCon]

closer to 13trillion

and rising

it's hard to imagine America tolerating this for long

yes, it is
but i dont see an end to it any time soon

 

[Chris]

closer to 13trillion

and rising

it's hard to imagine America tolerating this for long

No need.

Raise taxes on the rich and cut the military budget.

Bring the troops home and put them on the Mexican border.

 

[elvis]

lewinsky's back

 

[DiveCon]

and rising

it's hard to imagine America tolerating this for long

No need.

Raise taxes on the rich and cut the military budget.

Bring the troops home and put them on the Mexican border.

do you realize that even if you confiscated all the "wealth" of the rich, you STILL wouldnt be able to pay off this debt?

and thats not just taxes on the income, but literally take all the money they have

 

[elvis]

it's hard to imagine America tolerating this for long

No need.

Raise taxes on the rich and cut the military budget.

Bring the troops home and put them on the Mexican border.

do you realize that even if you confiscated all the "wealth" of the rich, you STILL wouldnt be able to pay off this debt?

minor details.

 

[DiveCon]

No need.

Raise taxes on the rich and cut the military budget.

Bring the troops home and put them on the Mexican border.

do you realize that even if you confiscated all the "wealth" of the rich, you STILL wouldnt be able to pay off this debt?

minor details.

this is why i say that Chris is a moron

 

[Chris]

it's hard to imagine America tolerating this for long

No need.

Raise taxes on the rich and cut the military budget.

Bring the troops home and put them on the Mexican border.

do you realize that even if you confiscated all the "wealth" of the rich, you STILL wouldnt be able to pay off this debt?

and thats not just taxes on the income, but literally take all the money they have

Whan, whan, whan, we can't pay off the debt.

The percentage of debt to GDP is no higher than when Truman was president.

We can create wealth in America, if we invest in America and stop spending money in places like Iraq.

 

[Chris]

lewinsky's back

Fuck you, asshole.

 

[Chris]

lewinsky's back

I got chunks of guys like you in my stool.