Obama proposes extending Bush tax cuts for 98 percent of us

#1
lawgator1

lawgator1

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#1
Including 97 % of small business people.

Says Dems and GOP agree on that, so let's do that now and debate the extension of cut for the other 2%.

Smart politics.
 
#2
#2
do these cuts fully offset the tax increases associated with the ACA?
 
#3
#3
I think its a smart political move.

It will force the GOP to sign on to extend the Bush tax rates on 98%.

It put the GOP in a box, they have been fighting hard for the top 2%.

If the GOP does not agree to extend the tax on 98% of citizens, they will be deemed as the party who raised taxes.
 
#4
#4
President Obama today announced that he supports a one-year extension of the Bush tax cuts for those making under $250,000, a plan that puts him at odds with House Minority Leader Nancy Pelosi (D-Calif.) and Sen. Chuck Schumer (D-N.Y.), each of whom back extending the tax cuts for people making up to $1 million.
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hmmm
 
#5
#5
The million dollar mark may be the majic number that the GOP and Dems can agree on.
 
#6
#6
Gramps said:
The million dollar mark may be the majic number that the GOP and Dems can agree on.
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The TP wing, a la Cantor, will simply not do it. They will protest that giving it to those making a million or less is effectively a tax increase on the "job creators" because the rates on the very wealthiest would go up (never mind that they could still also be extended).

This is going to be interesting because Romney may join in that rhetoric but is going to be pleading with them to take the issue away from Obama on the campaign trail and to pass at least the million dollar mark, if not the $250k price point..
 
#7
#7
Same Obama that said it would be a mistake to raise taxes in a weak economy proposes raising taxes in a weak economy for his own political gain. Awesome
 
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#8
#8
volinbham said:
Same Obama that said it would be a mistake to raise taxes in a weak economy proposes raising taxes in a weak economy for his own political gain. Awesome
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Agree but this is a smart political move.
 
#9
#9
the top 5% pay about 60% of all taxes in this country. Clearly they need to do more

in what world does that make sense?

Gramps said:
Agree but this is a smart political move.
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and that's what happens when you elect people based on speeches and not actions. He's a politician not a leader of any kind
 
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#10
#10
utvolpj said:
the top 5% pay about 60% of all taxes in this country. Clearly they need to do more

in what world does that make sense?



and that's what happens when you elect people based on speeches and not actions. He's a politician not a leader of any kind
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Its the top 2% not the top 5%.
if the # is raised to 1 million it would be the top 1%... +/-.


It is a smart political move. 98% > 2 %.


It will be disastrous. for the GOP to not agree with this with the limit being 1- 2.5 million. I think the only question Will be is what is the cutoff amount

If they do not agree the dems will sell to the 98% the GOP raised their taxes
 
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#11
#11
you keep claiming it's a "smart political move" like that means anything. It's yet another worthless move by the idiot in the WH pandering to the idiots that will vote for him.

we're either all in this or no one is. Half the people in this country don't pay taxes but the top 1% should foot the bill for their lazy asses? It's BS and I'm tired of these people playing politics while the country falls apart around us.
 
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#12
#12
utvolpj said:
you keep claiming it's a "smart political move" like that means anything. It's yet another worthless move by the idiot in the WH pandering to the idiots that will vote for him.

we're either all in this or no one is. Half the people in this country don't pay taxes but the top 1% should foot the bill for their lazy asses? It's BS and I'm tired of these people playing politics while the country falls apart around us.
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What politician does not pandering to the idiots that will vote for him/her?

Do you think life is going to cease if. the verytop wage earner tax rate goes up 4%?
Capital gains is where most of the wealthy incomes come from.
If capital gains are not raised this will affect very few.

I am not voting for Obama or Romney. I think they both are terrible candidates.

This is a brilliant move, Obama has put GOP in the corner this issue. They will have agree to some form of this or be painted as the party that raised taxes during this bad economy.
 
#13
#13
Gramps said:
This is a brilliant move, Obama has put GOP in the corner this issue. They will have agree to some form of this or be painted as the party that raised taxes during this bad economy.
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like I said, it's only "brilliant" if you're interested in playing political games with the country's future. It's a terrible move if you want anything to change. The man in the WH is anything but brilliant except when it comes to playing games
 
#14
#14
utvolpj said:
like I said, it's only "brilliant" if you're interested in playing political games with the country's future. It's a terrible move if you want anything to change. The man in the WH is anything but brilliant except when it comes to playing games
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Same for every POTUS. They all play games and politics. Clinton, Bush, Obama, Romney...all were or would be no different.
 
#15
#15
rjd970 said:
Same for every POTUS. They all play games and politics. Clinton, Bush, Obama, Romney...all were or would be no different.
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so what? All I said is I'm tired of people praising our politicians for playing "brilliant" games while the country is falling apart. It's ignorant no matter who does it
 
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#17
#17
utvolpj said:
so what? All I said is I'm tired of people praising our politicians for playing "brilliant" games while the country is falling apart. It's ignorant no matter who does it
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I read into your statement of:

The man in the WH is anything but brilliant except when it comes to playing games
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...as somehow Obama is different here.

And if you accept that politics and pandering are a reality of our current leaders (which it is) then Obama made a good move here. Nobody disagrees that the politics and pandering needs to stop.
 
#18
#18
rjd970 said:
I read into your statement of:



...as somehow Obama is different here.

And if you accept that politics and pandering are a reality of our current leaders (which it is) then Obama made a good move here. Nobody disagrees that the politics and pandering needs to stop.
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I only mentioned Obama specifically because he was the one being lauded for his move in this thread. As long as we keep praising them for this kind of stuff it will never stop. You don't praise the dog when it takes a dump on the rug
 
#19
#19
I'll take the one year extension, but he is still not getting my vote.
 
#20
#20
utvolpj said:
like I said, it's only "brilliant" if you're interested in playing political games with the country's future. It's a terrible move if you want anything to change. The man in the WH is anything but brilliant except when it comes to playing games
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Playing political games is about all that gets done in Washington on both sides of the isle.

Neither side is concerned about what is best for American. They are concerned with what is good for their own wallet.
 
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#21
#21
"smart political move" is code for "I don't want to admit it, but I agree that the rich should pay more."
 
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#22
#22
vols4sure said:
"smart political move" is code for "I don't want to admit it, but I agree that the rich should pay more."
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No sir. I do not agree with the rich paying more.

It is a smart political move that puts the GOP in a box.

Do they fight this and let the Bush tax rates expire on everyone ?
If they do that Obama will campaign that he fought for the middle class and the GOP would not agree thus the GOP raised their taxes in an election year.

Does the GOP fight this until the election in November?

Obama will campaign that the GOP will not extend the tax credit on the middle class.

The GOP cannot sell Obama and the Dems as the party raising the taxes on the wealthiest Americans. They admit. that and are campaigning on that issue.

The GOP will cave or be defined as tax raisers.
 
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#23
#23
Gramps said:
No sir. I do not agree with the rich paying more.

It is a smart political move that puts the GOP in a box.
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My apologies then. I will agree with PJ though, who cares if it is a smart political move. The discussion (nationally) should be whether it is good for the country in the long run.
 
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