Discussion in 'Economy' started by JBeukema, Nov 23, 2010.
Fact check your ass. Obama can't decide where to make the cut off for "middle class" and it may go up to $1,000,000 per year.
These were all demonstrated as lies in the link.
The only place it can "go" is back to where it "was" before Bush signed the tax break legislation.
IOW back to tax rate terrain that actually grew the economy and created 23 million new jobs in 8 years.
How about back to the government spending terrain that actually grew the economy and created 23 million new jobs?
sure, that too. But why not both?
Or should we go into the "way back machine" and adopt the spending and taxation rate regimens of say Truman, Eisenhower or Kennedy?
You want real job growth/wealth creation independent from bubbles and chicanery?
Hell Even Carter era employment, tax rates, and GDP growth far surpass those of this century under either useless president.
Why try to copy the Bush admin, which was one of the most fiscally irresponsible in our history?
You're the horse's ass who tried to tie a historical tax rate to a historical jobs growth rate, and nothing else going on at the time.
And don't forget Clinton's dot com bubble, while we're on the subject, which was a nice "welcome to the White House" present for Bush 43.
You are the jackass who tried to pretend that Obama was raising taxes with an open ended formula.
It's open ended. It uses a 24% increase in government spending, since he became President, as a baseline.
No tax increases will ever catch up to that.
Please explain how Obama has the power to change the tax brackets established in the Bush tax cuts with some real data and links.
Separate names with a comma.