The Conservative Cave
Current Events => Economics => Topic started by: CG6468 on April 16, 2011, 09:28:19 AM
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Is there anything to not hate about this son of a bitch?
:redbird:
Automatic Tax Increase?
April 15, 2011 Posted by John at 9:55 PM
We and many others have criticized President Obama's speech on the budget, but one aspect of his proposal on which I haven't seen much commentary is the "debt failsafe trigger." You might think that a "debt failsafe trigger" is a mechanism to constrain spending if debt exceeds a certain level; but Dan Mitchell explains:
[T]he most disturbing feature [of Obama's proposal] may be a provision that punishes the American people with higher taxes if politicians overspend.
Read it and get enraged (http://www.powerlineblog.com/archives/2011/04/028826.php)
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He wants to punish the American people for voting the Dems out of the House. Thing is, this proposal has to survive the Republicans in the House--and it won't. This is a sure-fire way to recruit more Tea Party candidates for the Republicans.
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He wants to punish the American people for voting the Dems out of the House. Thing is, this proposal has to survive the Republicans in the House--and it won't. This is a sure-fire way to recruit more Tea Party candidates for the Republicans.
Boehner and his cohorts in the House need to be shouting about this from the roof tops.
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Let's just eliminate the middleman and have the federal Govt just give us a monthly allowance to live on. :whatever:
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Let's just eliminate the middleman and have the federal Govt just give us a monthly allowance to live on. :whatever:
I'm sure that they are working to get a plan like that in place.
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Let's just eliminate the middleman and have the federal Govt just give us a monthly allowance to live on. :whatever:
I'm sure that they are working to get a plan like that in place.
Wasn't something like this suggested in England last year?
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Is there anything to not hate about this son of a bitch?
:redbird:
Automatic Tax Increase?
April 15, 2011 Posted by John at 9:55 PM
We and many others have criticized President Obama's speech on the budget, but one aspect of his proposal on which I haven't seen much commentary is the "debt failsafe trigger." You might think that a "debt failsafe trigger" is a mechanism to constrain spending if debt exceeds a certain level; but Dan Mitchell explains:
[T]he most disturbing feature [of Obama's proposal] may be a provision that punishes the American people with higher taxes if politicians overspend.
Read it and get enraged (http://www.powerlineblog.com/archives/2011/04/028826.php)
I'd be Ok with it if it would raise taxes on those that don't pay a damn thing. If they are too poor to pay anything then just cut their welfare.
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Boehner and his cohorts in the House need to be shouting about this from the roof tops.
You mean just like they have over Lord ObeyWon's Contempt of Court, and any of a hundred different **** You's from Dear Leader since January?
Yeah, I'm not holding my breath. :banghead: