Obama's Opening Gambit: $1.6 Trillion More in Revenue Over Next Decade

Discussion in 'Economy' started by Dante, Nov 13, 2012.

  1. Dante
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    Dante On leave Supporting Member

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    Obama's Opening Gambit: $1.6 Trillion More in Revenue Over Next Decade
    Obama Sets Steep Tax Target
    President to Seek $1.6 Trillion More in Revenue, Double Level From 2011 Talks

    White House Sets Steep Tax Target - WSJ.com
    It's on. :clap2:
     
  2. Avorysuds
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    Avorysuds Gold Member

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    I say give it to him, let him single handedly destroy the Democrat party. But mo matter, all his words are is for show, he is playing to the middle class and poor because it's a bigger voter block than the top 10%. Obama also knows he has no plans to actually increase taxes. Shit, Obama did mass tax credits with his own stimulus.
     
  3. The Infidel
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    The Infidel EVIL CONSERVATIVE

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    It's on alright....
     
  4. Dante
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    Dante On leave Supporting Member

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    Oh, the fiscal cliff! LOL
     
  5. Bigfoot
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    Bigfoot NRA

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    Wow 1.6 trillion in added revenue, nice, verse what about 4 or 5 trillion in added spending...heh...you guys are so funny.
     
  6. Dante
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    Dante On leave Supporting Member

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    stop using old talking points and stop being an idiot

    :eusa_shifty:
     
  7. Bigfoot
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    Bigfoot NRA

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    LOL, you pussy.
     
  8. Matthew
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    Matthew Blue dog all the way!

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    Dante, Obama is spending 1.2-1.5 trillion per year. So 1.6 trillion over a decade is just going to be like spitting on the fire without cuts.

    He has to cut welfare. That's dead weight around this nations neck.


    I might accept this on those making a million or more per year only if...
    -Welfare is cut back to 2006 levels
    -Welfare reform
    -Corporate bail-outs are either ended or they're forced to pay it back
     
    Last edited: Nov 13, 2012
  9. Bigfoot
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    Bigfoot NRA

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    Heh, Dante won't get it, he refuses to see the truth of the matter.
     
  10. Bigfoot
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    Bigfoot NRA

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    The federal government started the 2013 budget year with a $120 billion deficit, an indication that the nation is on a path to its fifth straight $1 trillion-plus deficit.

    Another soaring deficit puts added pressure on President Barack Obama and Congress to seek a budget deal in the coming weeks.

    The Treasury Department said Tuesday that the October deficit -- the gap between the government's tax revenue and its spending -- was 22 percent higher than the same month last year.
     

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