when republicans say temporary tax cuts do they ever

[Truthmatters]

mean temporary.

The Bush tax cuts they scream about were designed to expire.

that was the promoise made about them that they were a temporary fix to get the economy going.

There was no go after they were done so the republicans danced in the aisles when the housing market heated up.


then even while we told them the housing market was going to crash they told us we were doom sayers.


Then it crashed.

guess what is still here?

there stupid LIED about temporary tax cuts.

Now they are going to call it TAXMAGEDON if these tax cuts are NOT reupped until the end of time.


Im fucking sick of their lies and gamemanship in place of real leadership.

 

[Truthmatters]

why is it the end of the world to let tax rates that were DESIGNED to expire expire?

can any of you answer honestly?

 

[Truthmatters]

You got NO fucking answers huh?

gee imagine my surprise

 

[Greenbeard]

mean temporary.

The Bush tax cuts they scream about were designed to expire.

That doesn't mean they were intended to be temporary. Putting in a sunset date was simply a trick--legislation passed using budget reconciliation procedures (as the tax cuts were) can't raise the deficit after the 10-year budget window.

The Bush tax cuts obviously did raise deficits. But by putting in a January 1, 2011 sunset date with a wink and a nod, Senate Republicans could argue that the tax cuts wouldn't be increasing the deficit in 2011. They had to fire the Senate parliamentarian back then to make it work but here we are. Their intent has always been to campaign on making them permanent.

 

[iamwhatiseem]

Yet the CBO made a statement saying "to not extend the Bush tax cuts would directly create an economic cliff"

Yeah...let's raise everyone's taxes just after April/May is showing the very real possibility of a recession returning.
Idiots.

 

[Truthmatters]

yeah that is why we just want to up the top tier taxes.

those guys are the only one who can afford to help the country right now.

Hell they had them for MUCH longer than planned and they are NOT creating jobs with the extra money anyway

 

[Truthmatters]

mean temporary.

The Bush tax cuts they scream about were designed to expire.

That doesn't mean they were intended to be temporary. Putting in a sunset date was simply a trick--legislation passed using budget reconciliation procedures (as the tax cuts were) can't raise the deficit after the 10-year budget window.

The Bush tax cuts obviously did raise deficits. But by putting in a January 1, 2011 sunset date with a wink and a nod, Senate Republicans could argue that the tax cuts wouldn't be increasing the deficit in 2011. They had to fire the Senate parliamentarian back then to make it work but here we are. Their intent has always been to campaign on making them permanent.

Yeap just lilke Walker lied to his prospective constituents about his plans for his state the Bush people LIED about the tax cuts.


its what they do

 

[Truthmatters]

Lets take note here American people.

When a republican tells you a tax cut is Temporary YOU KNOW they are lying .

They only call it that to get it passed.

 

[iamwhatiseem]

Yeah but..

 

[iamwhatiseem]

Posting 10

 

[iamwhatiseem]

post in a row...

 

[iamwhatiseem]

Doesn't make you

 

[iamwhatiseem]

right.

 

[blastoff]

Sorry, they became Barry's tax cuts. He and the Dims rolled over; they own 'em now.

 

[Greenbeard]

Yet the CBO made a statement saying "to not extend the Bush tax cuts would directly create an economic cliff"

Yeah...let's raise everyone's taxes just after April/May is showing the very real possibility of a recession returning.
Idiots.

Indeed, raising taxes or cutting spending (read: deficit reduction) at present isn't a particularly good idea. That's because deficit spending during these kinds of downturns (i.e. those where a lack of monetary policy options demands fiscal policy approaches) is sound policy.

We're still all Keynesians now.

 

[iamwhatiseem]

Yet the CBO made a statement saying "to not extend the Bush tax cuts would directly create an economic cliff"

Yeah...let's raise everyone's taxes just after April/May is showing the very real possibility of a recession returning.
Idiots.

Indeed, raising taxes or cutting spending (read: deficit reduction) at present isn't a particularly good idea. That's because deficit spending during these kinds of downturns (i.e. those where a lack of monetary policy options demands fiscal policy approaches) is sound policy.

We're still all Keynesians now.

There is never a bad time to stop wasting money.

 

[Remodeling Maidiac]

Obama extended the tax cuts not the republicans. Remember?

 

[iamwhatiseem]

Obama extended the tax cuts not the republicans. Remember?

That is because even he isn't as dumb as TM

 

[Greenbeard]

There is never a bad time to stop wasting money.

Sure this is, but for the reasons you just pointed out, now is not the time to pursue deficit reduction. Deficit reduction (the "fiscal cliff" you warned of) reduces the prospects of GDP growth next year from 4.4% to 0.5%, according to the report you cited.

You're absolutely right that now isn't the time to jump off the cliff.

In addition, and particularly important given the current state of the economy, immediate spending cuts or tax increases would represent an added drag on the weak economic expansion.

Under current law, the federal budget deficit will fall dramatically between 2012 and 2013 owing to scheduled increases in taxes and, to a lesser extent, scheduled reduc- tions in spending—a development that some observers have referred to as a “fiscal cliff.”

What would happen if lawmakers changed fiscal policy in late 2012 to remove or off- set all of the policies that are scheduled to reduce the federal budget deficit by 5.1 percent of GDP between calendar years 2012 and 2013? In that case, CBO estimates, the growth of real GDP in calendar year 2013 would lie in a broad range around 4.4 percent, well above the 0.5 percent projected for 2013 under current law.

 

[Truthmatters]

Obama extended the tax cuts not the republicans. Remember?

That is because even he isn't as dumb as TM

Hey dickwads.

he wanted to raise the Top tier and you guys screamed "dont tax the job creators"

well do you think your "job Creators" did what they were supposed to do with the extra boost we gave them like you claimed they would?