Obama to propose $1.5 Trillion in new taxes

Yeah. We need to leave them alone. They've had tax-cuts going on 10- years. Cuts to programs for the elderly & children are way to go :doubt: :clap2:

Oh yay! Always wth the "starve granny and the kids"... nobody's buying this shit anymore podner.
 
Wow. AP just edited the article at the link to eliminate the details....with not notation that its been edited.

Very Bad Form, but they do carry water for Obama.

News from The Associated Press
 
Yeah. We need to leave them alone. They've had tax-cuts going on 10- years. Cuts to programs for the elderly & children are way to go :doubt: :clap2:

Oh yay! Always wth the "starve granny and the kids"... nobody's buying this shit anymore podner.

And nobody's buying your bullshit about "job creators".

Call me when you can get your tiny head around basic math Buckwheat.... till then, screw you and your Marxist asshatedness.
 
Yeah. We need to leave them alone. They've had tax-cuts going on 10- years. Cuts to programs for the elderly & children are way to go :doubt: :clap2:

Oh yay! Always wth the "starve granny and the kids"... nobody's buying this shit anymore podner.

And nobody's buying your bullshit about "job creators".

yeah...that "job creators" thing is a crock of shit.
Afterall, all of those tens of millions of people that ARE working ALL own their own companies.
 
This announcement is just a doubling down of his failed policies.
 
By all means. Lets raise taxes in this sucky economy. That will fix everything.

I'm sure once that happens the economy will take off.

You HEARD about that, huh?????

"Not only was the entire national deficit eliminated after raising taxes on the wealthy in 1993, but the economy grew so fast for the remainder of the decade that many conservative economists thought that the Fed should raise the prime interest rate in order to slow it down."


:clap2:
 
OK, so what's the plan for paying off that $15 trillion in national debt?
Repeal obamacare for starters. Cut the politicians pay and benefits. Kick the illegal thugs out of the USA. Muzzle the EPA. Get rid of all the obamturd socialist regulations. FIRE OBAMATURD!!!!
 
Yet more economic lunacy from Obama:

Key features of Obama's plan, as described by senior administration officials Sunday evening:

-$1.5 trillion in new revenue, which would include about $800 billion realized over 10 years from repealing the Bush-era tax rates for couples making more than $250,000. It also would place limits on deductions for wealthy filers and end certain corporate loopholes and subsidies for oil and gas companies.

-$580 billion in cuts in mandatory benefit programs, including $248 billion in Medicare and $72 billion in Medicaid and other health programs. Other mandatory benefit programs include farm subsidies.

-$430 billion in savings from lower interest payment on the national debt.

By adding about $1 trillion in spending cuts already enacted by Congress and counting about $1 trillion in savings from the drawdown of military forces from Iraq and Afghanistan, the combined deficit reduction would total more than $4 trillion over 10 years, senior administration officials said.



News from The Associated Press

This is not a plan. It's just class warfare on the tax front, wistful thinking on Savings From Lower Interest Payments (at some point, China is going to demand a higher rate), and complete sophistry on the savings from Iraq and Afghanistan.


And didn't he already cut Medicare to pay for ObamaCare?

He counts 2 trillion in reductions that are already enacted, as part of this plan?

WTF????
The man would fail elementary math.
 
"Not only was the entire national deficit eliminated after raising taxes on the wealthy in 1993, but the economy grew so fast for the remainder of the decade that many conservative economists thought that the Fed should raise the prime interest rate in order to slow it down."


:clap2:

Tell ya what, if we go back to 1993 level of federal spending, you can raise everyone's taxes. Deal?
 
OK, so what's the plan for paying off that $15 trillion in national debt?
Repeal obamacare for starters. Cut the politicians pay and benefits. Kick the illegal thugs out of the USA. Muzzle the EPA. Get rid of all the obamturd socialist regulations. FIRE OBAMATURD!!!!

I was hoping for some mature, real world solutions.
That is a real world solution. But libtards not agreeing just makes it more real.
 
"Not only was the entire national deficit eliminated after raising taxes on the wealthy in 1993, but the economy grew so fast for the remainder of the decade that many conservative economists thought that the Fed should raise the prime interest rate in order to slow it down."


:clap2:

Tell ya what, if we go back to 1993 level of federal spending, you can raise everyone's taxes. Deal?



Mr. Shaman forgets to credit the largely free market High Tech economy for causing the growth that led to increased tax receipts in the late 1990s.
 
It's all about passing the buck... I don't think Obama plans on winning the GE, it's about destroying the country as much as possible before he gets kicked out of the WH.
 

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